Wellington Florida Market Report

Wellington Florida Homes for Sale

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 2025

Home inventory in the Village of Wellington has increased again and home sales have decreased, which isn't uncommon this time of year. Last month there were 450 homes for sale with asking prices ranging from $275,000 to $28,500,000. Now there are 475 homes for sale with asking prices ranging from $270,000 to $21,500,000.

Back in November, 60 homes sold with sale prices ranging from $245,000 to $2,800,000. While in December 51 homes sold with sale prices ranging from $290,000 to $6,040,000.

The average DOM (Days on Market) went from 53 days in November to 50 days in December. While the price per square foot went from $303 in November to $311 in December. Back in both November and December there were no distressed sales.

The number of Wellington cash buyers was 32% in November and 37% in December. Conventionally financed buyers went from 57% in November to 42% in December. FHA homebuyers accounted for 7% in November and 2% in December. VA homebuyers and other sales accounted for 4% in November and 19% in December.

Wellington Florida Real Estate Market Report | February 2025

Home inventory in the Village of Wellington continues to increase and home sales have decreased. Last month there were 475 homes for sale with asking prices ranging from $270,000 to $21,500,000. Now there are 520 homes for sale with asking prices ranging from $245,000 to $28,500,000.

Back in December, 51 homes sold with sale prices ranging from $290,000 to $6,040,000. While in January 48 homes sold with sale prices ranging from $270,000 to $5,750,000.

The average DOM (Days on Market) went from 50 days in December to 60 days in January. While the price per square foot went from $311 in December to $314 in January. Back in both December and January there were no distressed sales.

The number of Wellington cash buyers was 37% in December and increased to 40% in January. Conventionally financed buyers went from 42% in December to 54% in January. FHA homebuyers accounted for 2% in December and 0% in January. VA homebuyers and other sales accounted for 19% in December and 6% in January.

Wellington Florida Real Estate Market Report | March 2025

Home inventory in the Village of Wellington is DOWN and sales are UP! However, it's still a buyer's market—though it's on the verge of becoming a stable market. That said, some neighborhoods are still experiencing a seller's market or a stable market. Last month there were 520 homes for sale with asking prices ranging from $245,000 to $28,500,000. Now there are 509 homes for sale with asking prices ranging from $235,000 to $48,500,000.

Back in January, 48 homes sold with sale prices ranging from $270,000 to $5,750,000. While in February 64 homes sold with sale prices ranging from $140,000 to $7,250,000.

The average DOM (Days on Market) went from 60 days in January down to 58 days in February. While the price per square foot went from $314 in January up to $321 in February. Back in January there were no distressed sales, but there was 1 short sale in February.

The number of Wellington cash buyers was 40% in January and increased to 50% in February. Conventionally financed buyers went from 54% in January down to 35% in February. FHA homebuyers accounted for 0% in January and 6% in February. VA homebuyers and other sales accounted for 6% in January and 9% in February.

Wellington Florida Real Estate Market Report | April 2025

Home inventory in the Village of Wellington has grown, and so have home sales. While it’s still a buyer’s market overall, it's gradually shifting toward a stable market. That said, some neighborhoods continue to reflect stable or even seller’s market conditions.

Last month, there were 509 homes for sale with asking prices ranging from $235,000 to $48,500,000. As of now, there are 539 homes for sale, with asking prices between $240,000 and $48,500,000.

In February, 64 homes sold, with sale prices ranging from $140,000 to $7,250,000. March saw an increase in activity with 76 homes sold, and sale prices ranging from $267,500 to $8,500,000.

The average number of days on market (DOM) held steady at 58 days for both February and March. Price per square foot dipped slightly, from $321 in February to $314 in March. There was one distressed sale (a short sale) in February and none in March.

Cash buyers made up 50% of the market in February and dipped slightly to 47% in March. Conventional financing saw an increase, from 35% in February to 46% in March. FHA buyers accounted for 6% in February and 4% in March. VA and other types of financing made up 9% of sales in February but dropped to 3% in March.

Wellington Florida Real Estate Market Report | May 2025

Home inventory in the Village of Wellington has slightly increased while home sales have slightly decreased. Last month, there were 539 homes for sale, with asking prices between $240,000 and $48,500,000. Now there are 542 homes for sale with asking prices ranging from $225,000 to $48,500,000.

In March, 76 homes sold, and sale prices ranged from $267,500 to $8,500,000. While in April 76 homes sold with sale prices ranging from $269,000 to $5,350,000.

The average number of days on market (DOM) held steady at 58 days for March and 51 days for April. Price per square foot dipped slightly, from $314 in March to $309 in April. There were no distressed sales (a short sale or bank-owned home sale) in March or April.

Cash buyers made up 47% of the market in March and dipped slightly to 41% in April. Conventional financing remain the same in both February and March 46%. FHA buyers accounted for 4% in March and 10% in April. VA and other types of financing made up 3% in both March and April.

Wellington, Florida Real Estate Market Report | June 2025

The Wellington real estate market is in full swing as we move through one of the busiest times of the year. Inventory levels in the Village of Wellington have declined slightly, while home sales have seen an uptick.

There are currently 515 homes for sale, down from 542 the previous month. Listing prices continue to range from $225,000 to $48,500,000.

In terms of closed sales:

• April saw 76 homes sold, with sale prices ranging from $269,000 to $5,350,000.

• May recorded 90 homes sold, with prices between $285,000 and $25,500,000.

The average days on market (DOM) held steady at 51 days in April and 52 days in May, showing little change in how long properties are taking to sell. The average price per square foot increased from $309 in April to $323 in May, reflecting continued demand.

Importantly, no distressed sales (short sales or bank-owned properties) were reported in either April or May, indicating a stable market.

Buyer financing trends have shifted slightly:

• Cash buyers made up 41% of purchases in April and increased to 50% in May.

• Conventional financing was used in 46% of April sales, dipping slightly to 44% in May.

• FHA buyers represented 10% of the market in April, but only 2% in May.

• VA and other financing types accounted for 3% in April and 4% in May.

Overall, the Wellington market remains active and competitive, with rising price per square foot, steady days on market, and an increase in cash purchases signaling continued buyer confidence.

Wellington, Florida Real Estate Market Report | July 2025

The Wellington real estate market is in full swing as we move through one of the busiest times of the year. Inventory levels in the Village of Wellington have declined slightly, but so have home sales.

There are currently 485 homes for sale, down from 515 the previous month. Listing prices currently range from $210,000 to $48,500,000.

In terms of closed sales:

• May recorded 90 homes sold, with prices between $285,000 and $25,500,000.

• June saw 69 homes sold, with sale prices ranging from $245,000 to $7,384,581.

The average days on market (DOM) held steady at 52 days in May and went down to 38 days in June, showing are taking a little less time to sell compared to the previous month. The average price per square foot decreased from $323 in May to $297.

There were no distressed sales (short sales or bank-owned properties) in May, but there was 1 short sale in June.

Buyer financing trends have shifted slightly:

• Cash buyers made up 50% in May and decreased to 39% in June.

• Conventional financing was used in 44% of May sales, increasing slightly to 46% in June.

• FHA buyers represented 2% of the market in May, but increased to 10% in June.

• VA and other financing types accounted for 4% in May and 5% in June.

Overall, the Wellington market remains active and competitive. Will that slow down in the fall or continue?

Wellington, Florida Real Estate Market Report | August 2025

The Wellington real estate market remains competitive as summer winds down. Inventory declined once again while sales picked up, showing demand is still strong.

There are currently 459 homes for sale, down 5% from 485 in July. Asking prices now range from $169,990 to $48,500,000.

Closed Sales

• July recorded 74 home sales, up 7% from 69 in June.
• Sale prices ranged from $318,000 to $6,500,000, compared to $245,000 to $7,384,581 in June.
• The median price per square foot ticked up to $305, compared to $297 in June.
• The median days on market (DOM) rose to 56, up from 38 in June.

Buyer Financing Trends

Buyer activity shifted slightly in July compared to June:

• Cash buyers: 46% (up from 39% in June)
• Conventional financing: 41% (down from 46% in June)
• FHA buyers: 5% (down from 10% in June)
• Other financing types: 8% (up from 5% in June)

Distressed Sales

For July, there were no distressed sales (short sales or bank-owned properties), an improvement from the 1 short sale in June.

Market Overview

With inventory down and sales up, Wellington’s market is showing signs of tightening supply paired with steady demand. Prices are holding firm, though homes are taking longer to sell compared to June.

Wellington, Florida Real Estate Market Report | September 2025

The Wellington real estate market remains competitive as we move into fall. Inventory has inched up slightly, but supply is still tight compared to demand. Sales activity held steady, showing that buyers remain active and engaged.

Homes for Sale

There are currently 462 homes for sale, up slightly from 459 in August. Asking prices now range from $166,900 to $48,500,000.

Closed Sales

September recorded 70 home sales, compared to 74 in August.

• Sale prices ranged from $260,000 to $5,000,000, compared to $318,000 to $6,500,000 in August.

• The median price per square foot was $294, down slightly from $305 in August.

• The median days on market (DOM) rose to 64 days, compared to 56 in August.

Buyer Financing Trends

Buyer activity in September shifted noticeably compared to last month:

• Cash buyers: 24% (down from 46% in August)

• Conventional financing: 63% (up from 41% in August)

• FHA buyers: 4% (down slightly from 5% in August)

• Other financing types: 9% (up from 8% in August)

Distressed Sales

For September, there were no distressed sales (short sales or bank-owned properties), consistent with August.

Market Overview

Wellington’s September data reflects a steady but competitive housing market. Inventory ticked up slightly, though homes are taking longer to sell compared to earlier in the summer. Conventional financing remains the dominant choice among buyers, while cash sales have moderated. Prices are holding firm, but buyers are showing greater caution on affordability and time on market. Sellers should remain realistic with pricing and flexible in negotiations as competition shifts.

Wellington, Florida Real Estate Market Report | October 2025

The Wellington real estate market remains competitive. Inventory ticked down a touch, and buyer demand stayed steady. Sales improved from last month and pricing held firm.

Homes for Sale

There are currently 458 homes for sale, down from 462 in September. Asking prices now range from $166,900 to $41,000,000.

Closed Sales

October recorded 79 home sales, compared to 70 in September.

• Sale prices ranged from $250,000 to $10,000,000, compared to $260,000 to $5,000,000 in September.
• The median price per square foot was $318, up from $294 in September.
• The median days on market rose to 67 days, compared to 64 in September.

Buyer Financing Trends

Buyer activity in October shifted from last month:

• Cash buyers: 43%, up from 24% in September

• Conventional financing: 51%, down from 63% in September

• FHA buyers: 1%, down from 4% in September

• Other financing types: 5%, down from 9% in September

Distressed Sales

For October, there were no short sale transactions reported.

Market Overview

Wellington’s October data shows firm demand with a slight dip in active listings. Sales volume improved, and price per square foot moved higher, though homes are taking a little longer to go under contract. Cash activity increased while conventional financing eased from last month. Sellers should price with current comps and be prepared for measured buyer due diligence. Buyers should expect competition on well-priced homes and be ready with strong terms.

Wellington, Florida Real Estate Market Report | November 2025

The Wellington real estate market continues to show steady activity. Inventory dipped again, buyer interest remained consistent, and pricing strengthened month over month.

Homes for Sale

There are currently 441 homes for sale, down from 458 in October. Asking prices now range from $210,000 to $41,000,000.

Closed Sales

November recorded 56 home sales, compared to 79 in October.

Sale prices ranged from $265,000 to $8,000,000, compared to $250,000 to $10,000,000 in October.
The median price per square foot was $333, up from $318 in October.
The median days on market rose to 68 days, compared to 67 in October.

Buyer Financing Trends

Buyer activity in November shifted from October:

• Cash buyers: 50%, up from 43% in October

• Conventional financing: 43%, down from 51% in October

• FHA buyers: 1%, unchanged from 1% in October

• Other financing types: 6%, up from 5% in October

Distressed Sales

For November, once again, there were no short sale or other distressed transactions reported.

Market Overview

Wellington’s November data reflects a market with tightening inventory and softer sales volume. Prices strengthened, both in sale price range and price per square foot. Homes continue to take slightly longer to go under contract. Cash activity increased, showing strong demand among well-qualified buyers, while conventional financing remained steady. Sellers should position their homes competitively with current comps. Buyers should be ready with strong terms, especially for well-priced properties.

Wellington, Florida Real Estate Market Report | December 2025

The Wellington real estate market showed mixed signals in December. Inventory continued to tighten, sales activity held steady, and pricing adjusted downward as buyers became more selective.

Homes for Sale

There are currently 421 homes for sale, down from 441 in November. Asking prices range from $210,000 to $56,500,000.

Closed Sales

December recorded 57 home sales, slightly higher than November’s 56 closings. Sale prices ranged from $160,000 to $11,000,000.

The median price per square foot was $288, reflecting a notable decline from November. The median days on market was 57 days, down from 68 in November, showing quicker contract activity for well-priced homes.

Buyer Financing Trends

Buyer financing shifted noticeably from November:

Cash buyers accounted for 35%, down from 50%.
Conventional financing rose to 47%, up from 43%.
FHA buyers increased to 9%, compared to 1% last month.
Other financing types made up 9%, up from 6%.

Distressed Sales

December saw one bank-owned property sale, marking the first distressed transaction in recent months.

Market Overview

December’s data points to a market that is recalibrating. Inventory continued to decline, but pricing softened, especially on a price per square foot basis. Homes that are positioned correctly are selling faster, while overpriced listings continue to face resistance. Financing diversity increased, with fewer cash buyers and more FHA and conventional purchases entering the mix. Sellers should pay close attention to recent comparable sales when pricing. Buyers may find more negotiating room, particularly on homes that have been on the market longer.

Wellington Florida Real Estate Market Report