Wellington Florida Market Report

Wellington Florida Real Estate Market Report  | July 2021

In July 2020 there were 439 homes for sale in Wellington and today there are only 218 with asking prices ranging from $250,000 to $40,000,000. That is a decrease of 27 homes since June 2021.

And while home sales decreased from 164 in May to 162 in June, it's an overall increase compared to June 2020 where only 148 homes sold.

Selling prices in May ranged from $180,000 to $31,750,000 while in June they ranged from $190,000 to $9,000,000. The average DOM (Days on Market) went down from 14 days to 6 days and the price per square foot increased from $224 to $231.

Back in May, there were 5 distressed sales, 3 short sales, and 2 bank-owned homes. While in June there was only 1 distressed sale, a bank-owned home.

Wellington cash buyers continue to hold strong but have slightly decreased from 43% in May to 41% in June. Conventionally financed buyers increased from 49% in May to 52% in June. FHA-financed buyers remain the same at 3% and "other" types of financing went up to 4%.

Month

Homes for Sale

Homes Sold

$ Per Sq Ft

DOM

July

218

$250,000 to $40,000,000

162

$190,000 to $9,000,000

June 2021 Sales

$231

6

June

245

$199,900 to $40,000,000

164

$180,000 to $31,750,000

May 2021 Sales

$224

14

May

247

$210,000 to $40,000,000

154

$157,000 to $17,950,000

April 2021 Sales

$227

8

April

263

$154,900 to $40,000,000

145

$155,000 to $8,987,500

March 2021 Sales

$214

19

March

274

$192,900 to $40,000,000

101

$150,000 to $8,800,000

February 2021 Sales

$214

25

February

295

$89,000 to $40,000,000

82

$180,000 to $6,237,000

January 2021 Sales

$189

32

January

320

$164,900 to $40,000,000

141

$152,000 to $8,500,000

December 2020 Sales

$198

18

Information provided by Beaches MLS deemed reliable, but not guaranteed

Wellington Florida Homes for Sale

New Listing - yesterday
$425,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
1,945
SQFT
2388 Stonegate Drive
Wellington, FL 33414
Stonegate of Wellington Subdivision
New Listing - yesterday
$735,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
3,495
SQFT
678 Cypress Green Circle
Wellington, FL 33414
Binks Forest of The Landings At Wellington 3 Subdivision
New Listing - 4 days online
$836,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
2,917
SQFT
12730 Pineacre Court
Wellington, FL 33414
Pinewood East of Wellington Subdivision
New Listing - 4 days online
$465,000
Single Family Home For Sale
Coming Soon
3
BEDS
2
TOTAL BATHS
1,550
SQFT
1252 Raintree Lane
Wellington, FL 33414
Sugar Pond Manor of Wellington Subdivision
New Listing - 4 days online
$725,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
3,518
SQFT
3806 Moon Bay Circle
Wellington, FL 33414
Orange Point Tr B Subdivision
New Listing - 4 days online
$3,849,500
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,648
SQFT
14750 Palm Beach Point Boulevard
Wellington, FL 33414
Palm Beach Point East Subdivision
New Listing - 4 days online
$615,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
3,495
SQFT
612 Cypress Green Circle
Wellington, FL 33414
Binks Forest of The Landings At Wellington 3 Subdivision
New Listing - 4 days online
$649,900
Single Family Home For Sale
Coming Soon
4
BEDS
3
TOTAL BATHS
2,478
SQFT
11206 Stone Creek Street
Wellington, FL 33449
Orange Grove Est Subdivision
New Listing - 4 days online
$2,299,999
Single Family Home For Sale
Active
6
BEDS
6
TOTAL BATHS
6,488
SQFT
2685 Greenbriar Boulevard
Wellington, FL 33414
Wellington Aero Club of The Landings At Wellington Subdivision
New Listing - 4 days online
$375,000
Townhouse For Sale
Active
3
BEDS
2
TOTAL BATHS
1,483
SQFT
10730 Pelican Drive
Wellington, FL 33414
Wellingtons Edge Par 78 Ph 1 Subdivision
New Listing - 5 days online
$899,000
Single Family Home For Sale
Active
6
BEDS
4
TOTAL BATHS
4,123
SQFT
1375 Beacon Circle
Wellington, FL 33414
Black Diamond Ph 1 Subdivision
New Listing - 5 days online
$399,999
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,295
SQFT
3800 Miramontes Circle
Wellington, FL 33414
Orange Point Tr A Subdivision
New Listing - 5 days online
$599,000
Single Family Home For Sale
Coming Soon
5
BEDS
4
TOTAL BATHS
3,011
SQFT
12664 Headwater Circle
Wellington, FL 33414
Island of Wellington Subdivision
New Listing - 5 days online
$650,000
Multi-Family For Sale
Active
2,574
SQFT
1288 Riverside Circle
Wellington, FL 33414
South Shore 1 of Wellington Subdivision
New Listing - 5 days online
$589,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,641
SQFT
1580 Firethorn Drive
Wellington, FL 33414
Sugar Pond Manor of Wellington Subdivision
New Listing - 5 days online
$799,999
Single Family Home For Sale
Active
6
BEDS
3
TOTAL BATHS
2,957
SQFT
12950 Saint Davids Court
Wellington, FL 33414
Pines of Wellington Subdivision
New Listing - 6 days online
$579,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,062
SQFT
14327 Larkspur Lane
Wellington, FL 33414
Sugar Pond Manor Subdivision
New Listing - 7 days online
$233,500
Condo For Sale
Coming Soon
3
BEDS
2
TOTAL BATHS
1,113
SQFT
Arissa Place #412
2080 Greenview Shores Boulevard
Wellington, FL 33414
New Listing - 7 days online
$635,000
Single Family Home For Sale
Active Under Contract
5
BEDS
3
TOTAL BATHS
2,954
SQFT
11692 Waterbend Court
Wellington, FL 33414
Grand Isles Subdivision
New Listing - a week online
$589,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,001
SQFT
8332 Tobago Lane
Wellington, FL 33414
Villagewalk of Wellington 5 Subdivision

Wellington Florida

Location: Wellington Florida is centrally located in the western part of Palm Beach County.

Homes: Wellington Florida primarily consists of beautiful single-family homes, but also offers condos, villas, patio homes, townhomes, luxury estate homes, equestrian farms, and multi-family homes.

Year Built: Major construction started in Wellington Florida around the mid-1970s and continues to this day.

Amenities: Wellington Florida is known as the winter equestrian capital of the world, but also offers shopping, dining, and entertainment. Residents also enjoy the local library, parks, and Wellington's weekly events.

Schools: Wellington Florida has top-rated elementary, middle and high schools along with private schools. (Verify school boundaries @ Wellington School Boundaries)

Selling? Find out the value of your Wellington Florida home by calling 561-333-0446 or visiting us online at What's My Home Worth? Once your home value request is received we will provide you with a FREE market analysis via e-mail or with an in-home appointment. Take a sneak peek at just some of the marketing we do to obtain top dollar for your home in the shortest amount of time @ Marketing your home. You can also read what past clients have to say about the service they received by visiting our Testimonial Page.

Buying? If you are looking to purchase a home in Wellington Florida or the surrounding area let us guide you through the home buying process. In order to get started all we need is your home search criteria, which you can provide by calling 561-333-0446 or filling out our Online Buyer Questionnaire. Once received we will do a custom search based on your criteria and e-mail you all of the MLS listings that meet your needs.

Renting? Regardless if you need to list your Wellington Florida home for rent or you want to rent a home in Wellington Florida we can help! If you're a landlord visit our Landlord Resource Center to review our step by step process to listing your home for rent. Here, you will also be able to find out how much your home will rent for, view our tenant screening process, and take a look at just some of the marketing we do to rent your home quickly.

Tenants looking to rent a home in Wellington Florida can receive a list of available homes for rent via e-mail by simply filling out our Online Rental Questionnaire. Learn more about renting a home in Wellington Florida by visiting our Rental Tips and Expectations and review our 9 Steps to Renting a Home.

Contact Realtor Michelle Gibson. @ 561-333-0446 or [email protected] for all your Wellington Florida Real Estate needs.

Previous Detailed Market Reports

Wellington Florida Real Estate Market Report | January 2021

The real estate market in Wellington Florida is still on fire! Home inventory has decreased. It went from 357 homes for sale in December to only 320 homes for sale in January. Current list prices range from $164,900 to $40,000,000 while last month prices started at $190,000.

Home sales increased from 130 in November up to 141 in December. Sales prices for November ranged from $200,000 to $12,850.00 while in December they ranged from $152,000 to $8,500,000. The average DOM (Days on Market) went from 20 days down to 18 days. Price per square foot remained the same at $198.

Overall, distressed sales haven't changed much. Last month there was 1 bank-owned home sale, this month there are none, and short sales increased from 2 to 3. There were 127 traditional sales last month and 138 this month. Wellington cash buyers went 27% in November to 33% in December. Conventionally financed buyers went from 62% to 53%. FHA financed buyers increased from 7% up to 8% of sales,. While "other" types of financing went from 4% to 6%.

Wellington Florida Real Estate Market Report | February 2021

The real estate market in Wellington Florida continues to be on fire! Home inventory has decreased once again. It went from 320 homes for sale in January to only 295 homes for sale in February. Current list prices range from $89,000 to $40,000,000 while last month prices started at $180,000.

Home sales decreased from 141 in December down to 82 in January. Sales prices for December ranged from $200,000 to $12,850.00 while in January they ranged from $180,000 to 6,237,000. The average DOM (Days on Market) went from 18 days up to 32 days. The price per square foot remained the same at $189.

Overall, distressed sales have slightly increased. Last month there were no bank-owned home sales, this month there were 4, and short sales decreased from 3 to 1. There were 138 traditional sales last month and 77 this month. Wellington cash buyers went from 33% in December to 34% in January. Conventionally financed buyers went from 53% to 51%. FHA financed buyers increased from 8% up to 9% of sales. While "other" types of financing stayed the same at 6%.

Wellington Florida Real Estate Market Report | March 2021

Real estate inventory in Wellington Florida is at a historic low with only 274 properties for sale. Asking prices for these homes range from $192,000 to $40,000,000. While last month there were 295 homes for sale with an asking price ranging from $89,000 to $40,000,000.

Home sales increased from 82 sales in January up to 101 sales in February. Selling prices in February ranged from $150,000 to $8,800,000 and in January they ranged from $180,000 to $6,237,000. The average DOM (Days on Market) went from 32 days down to 25 days. The price per square foot increased from $189 up to $214.

Overall, distressed sales didn't change too much. In February there were no short sales and only 3 bank-owned home sales. While in January there was 1 short sale and 4 bank-owned sales. So out of 101 home sales only 3 were distressed sales another all-time low for the Village of Wellington.

Wellington cash buyers increased again, going from 34% in January to 37% in February. Conventionally financed buyers went from 51% to 49%. FHA financed buyers went from 9% to 11%. While "other" types of financing went down to 3%.

Wellington Florida Real Estate Market Report  | April 2021

Just when you think home inventory in Wellington Florida can't get any lower it does. Last month there were 274 properties for sale with asking prices ranging from $192,000 to $40,000,000. While this month there are only 263 homes for sale with an asking price ranging from $154,900 to $40,000,000.

Home sales increased once again from 101 sales in February to 145 in March. Selling prices in March ranged from $155,000 to $8,987,500. While in February sales ranged from $150,000 to $8,800,000. The average DOM (Days on Market) went 25 days down to 19 days and the price per square foot remained the same $214.

In February there were no short sales and only 3 bank-owned home sales and in March there were none. That's right, Wellington had 0 distressed sales in March. Have distressed sales disappeared? Only time will tell.

Wellington cash buyers are on the rise and have increased from 37% of sales in February to 41% in March. Conventionally financed buyers slightly decreased from 49% down to 48% in March. FHA financed buyers went from 11% down to only 3%. While "other" types of financing went up to 8%.

Wellington Florida Real Estate Market Report  | May 2021

AND... home inventory in Wellington Florida continues to decline. We are officially at historic lows with only 247 properties for sale with asking prices starting at $210,000 up to $40M. While last month we had 263 homes for sale with an asking price ranging from $154,900 to $40,000,000.

Home sales once again increased from 145 in March to 154 in April. Selling prices in March ranged from $155,000 to $8,987,500. While in April sales ranged from $157,000 to $17,950,000. The average DOM (Days on Market) went down again from 19 days to 8 days and the price per square foot increased from $214 to $227.

Back in March, there were no distressed sales and in April there was only 1, a bank-owned home.

Wellington cash buyers are on the rise and have increased from 41% in March up to 44% in April. Conventionally financed buyers slightly increased from 48% in March up to 50% in April. FHA financed buyers remain the same at 3% and "other" types of financing went down to 3%.

Wellington Florida Real Estate Market Report  | June 2021

AND... home inventory in Wellington Florida continues to decline. We are officially at historic lows with only 245 properties for sale with asking prices starting at $199,900 up to $40M. While last month we had 247 homes for sale with an asking price ranging from $210,000 to $40,000,000.

Home sales once again increased from 154 in April to 164 in May. Selling prices in April sales ranged from $157,000 to $17,950,000. While in May they ranged from $180,000 to $31,750,000. The average DOM (Days on Market) went slightly up from 8 days to 14 days and the price per square foot decreased from $227 to $224.

Back in April, there was only 1 distressed sale, a bank-owned home. While in May there were 5, 3 short sales and 2 bank-owned homes.

Wellington cash buyers continue to hold strong but have slightly decreased from 44% in April to 43% in May. Conventionally financed buyers slightly decreased as well from 50% in April to 49% in May. FHA-financed buyers remain the same at 3% and "other" types of financing went up to 5%.

Wellington Florida Real Estate Market Report

Leave a Reply

Your email address will not be published. Required fields are marked *

ABOUT

Michelle Gibson Wellington Florida REALTORMichelle Gibson of the Hansen Real Estate Group Inc is a full-time REALTOR who has been specializing in Wellington Florida real estate since 2001. This veteran of the real estate industry has expertise in technology, marketing, and social media.

REAL ESTATE BROKERAGE SERVICES

Hansen Real Estate Group Inc. is a full-service real estate brokerage specializing in residential real estate. As a customer-focused, quality organization, we achieve success one client at a time. Call 561-333-0446 or e-mail me today at [email protected]

Michelle Gibson and Hansen Real Estate Group Inc fully support the principles of the Fair Housing Act and the Equal Opportunity Act. Accessibility Statement

RELOCATING

If you are thinking about buying, selling, or renting your home, townhome, condo, or other Real Estate in the following areas; Wellington, Lake Worth, Royal Palm Beach, Boynton Beach, Greenacres, Loxahatchee, Royal Palm Beach, Lake Clarke Shores, West Palm Beach, Palm Beach Gardens, or Jupiter there are thousands of Realtors to choose from.

However, it doesn't cost you any more to work with a top Realtor in Wellington Florida. I would welcome the opportunity to show you how I get outstanding real estate results for all of my clients. If you are looking for a top real estate agent in Palm Beach County Florida who will make a difference you have come to the right place.

Use this real estate website to learn more about moving to Wellington Florida, living in Wellington Florida view homes for sale, homes for rent along with real estate market reports for the most popular communities that Wellington Florida has to offer.

© 2021 · Wellington Florida Homes for Sale and Real Estate · All Rights Reserved by the WellingtonHomeTeam.com

Scroll to Top