Wellington Florida Home Values are UP 57% Since 2011
Property value has been steadily increasing in Wellington Florida since hitting rock bottom less than a decade ago and many homeowners who were once upside down on their home and owed more than it was worth now have equity! Back in 2011, the median sales price in Wellington Florida was $236,888 and in 2017 it’s currently $372,500.
Wellington’s Median Sales Price History
You read that correctly, the median sales price has increased by $135,000, which is excellent news for Wellington homeowners. Let’s take a closer look at thHome Values are UPe median sale prices in Wellington Florida and how they’ve increased since 2011:
- 2011 – $236,888
- 2012 – $239,450
- 2013 – $293,000
- 2014 – $315,000
- 2015 – $337,000
- 2016 – $360,000
- 2017 – $372,500
While the median sales price hasn’t exceeded Wellington’s peak median price, which was $420,000 back in 2006, we are definitely headed in the right direction! While I don’t have a crystal ball I do have 16 years of experience being a Wellington Realtor under my belt and I predict the median sales price will exceed $420,000 by 2020.
How Much is Your Wellington Home Worth?
If you want to know how much your Wellington home is worth and/or how much it would cost to sell your home call us today at 561-333-0446 or complete the form below.
About the Author
Top Wellington Realtor, Michelle Gibson, wrote: “Wellington Florida Home Values are UP 57% Since 2011”
Michelle has been specializing in residential real estate since 2001 throughout Wellington Florida and the surrounding area. Whether you’re looking to buy, sell, or rent she will guide you through the entire real estate transaction. If you’re ready to put Michelle’s knowledge and expertise to work for you call or e-mail her today.
Areas of service include Wellington, Lake Worth, Royal Palm Beach, Boynton Beach, West Palm Beach, Loxahatchee, Greenacres, and more.
Information provided by Beaches MLS on Jul 24th, 2017 deemed reliable, but not guaranteed.
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.