Wellington FL Real Estate:  May 2011 Home Sales Market Report

Home Sales in Wellington Florida have Decreased by 2% since April 2011, but homes for sale in Wellington Florida are still continuing to go under contract.

Cash buyers dropped again this month from 48% down to 45%, but they still make up a huge chunk of sales.  Conventional sales still make up 33%, which did not change from last month, but FHA sale increased by 2%.

Since April 2011 Cash Buyers in Wellington Florida are DOWN -3%, Conventional buyers are the SAME and FHA buyers areUP +2%.

Since April 2011 Traditional Sales in Wellington Florida are DOWN -6%, Short Sales are Up +2% and Bank Owned Salesare also UP +2%.

95 properties Sold in April 2011
75 Single Family Homes, 15 Townhomes and 5 Condos
Single Family Home Sales range from $94,500 up to $6,200,000
Townhome Sales range from $53,100 up to $710,000
Condo Sales range from $30,000 up to $90,000

If you are looking to buy a home for sale in Wellington Florida it is imperative that you hire a REALTOR® who knows the market and how to put together a winning offer. As an experienced REALTOR® selling homes throughout Wellington Florida I will be more than happy to discuss your real estate needs with you.

If you are thinking about BUYING, SELLING or RENTING in Wellington Florida contact me today for all your real estate needs!

Wellington FL Real Estate: May 2011 Market Report
Information deemed reliable, but not guaranteed. Provided by RMLS June 13, 2011