Wellington FL Real Estate: November 2010 Home Sales Market Report
Home Sales in Wellington Florida have increased by 6% since October 2010 and homes for sale in Wellington FL are continuing to go under contract.
Cash sales are still king in the Wellington FL real estate market. 42% of Wellington FL home buyers paid cash for their home in November 2010, while 33% of buyers obtained conventional financing and FHA buyers made up 22% of the sales.
Since October 2010 Cash Buyers in Wellington Florida are DOWN 1%, Conventional buyers are DOWN 4% and FHA buyers are UP 3%.
Since October 2010 Traditional Sales in Wellington Florida are UP 4%, Short Sales are DOWN 5% and Bank Owned Sales are also UP 1%.
72 properties Sold in November 2010
50 Single Family Homes, 13 Townhomes and 9 Condos
Single Family Home Sales range from $150,000 up to $4,975,000
Townhome Sales range from $42,000 up to $375,000
Condo Sales range from $30,000 up to $295,000
October 2010 Real Estate Market Report
September 2010 Real Estate 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: November 2010 Market Report
Information deemed reliable, but not guaranteed. Provided by RMLS December 13, 2010
Michelle 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.