Wellington FL Real Estate: March 2011 Home Sales Market Report
Home Sales in Wellington Florida have Increased by 38% since February 2011 and homes for sale in Wellington FL are continuing to go under contract.
Cash sales are still dominating the Wellington FL real estate market and made up a 51% of Wellington FL home sales in February 2011. While other Wellington home buyers obtained financing; 32% obtained conventional financing and 10% obtained FHA buyers.
Since February 2011 Cash Buyers in Wellington Florida are DOWN -5%, Conventional buyers are UP +2% and FHA buyers are DOWN -2%.
Since February 2011 Traditional Sales in Wellington Florida are UP +1%, Short Sales are DOWN -6% and Bank Owned Sales are also UP +7%.
91 properties Sold in March 2011
63 Single Family Homes, 19 Townhomes and 9 Condos
Single Family Home Sales range from $74,250 up to $3,550,000
Townhome Sales range from $18,900 up to $595,000
Condo Sales range from $50,000 up to $749,500
February 2011 Market Report
January 2011 Market Report
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!
Wellington FL Real Estate: March 2011 Market Report
Information deemed reliable, but not guaranteed. Provided by RMLS April 10, 2011