Wellington Florida Real Estate Market Report APR 2019

Wellington Florida

April 2019 Real Estate Market Report

Wellington Florida is currently a

STABLE MARKET

621

Homes for Sale
$130,000 to $40,000,000

127

Homes Sold
$146,000 to $24,000,000

$181

Per Sq Ft

38

Days On Market

TYPES OF HOME SALES

123

Traditional

0

Short Sales

4

Bank Owned

BUYER FINANCING PROFILES

32%

Cash

56%

Conventional

7%

FHA

2%

Other

The Village of Wellington Florida Resource Center

Information provided by Beaches MLS deemed reliable, but not guaranteed

Wellington Florida remains a STABLE MARKET in April 2019. However, it's not far off from changing back to a seller's market. Home inventory has decreased by 6% while home sales have increased by 29%.

Distressed home sales increased, but only by one sale compared to last month. This month there were 4 bank owned home sales and zero short sales. While last month there were 2 bank owned home sales and 1 short sale.

Cash home sales have increased from 27% last month to 32% this month. While conventional home sales decreased by 2% and FHA home sales decreased by 1%.

The current days on market is 38 days, which compared to previous months is on the higher side. Price reductions have become extremely common, which is why it's so important for home sellers to price their home right from the start. Overpriced homes will sit on the market with little to no activity and historically the longer a home sits on the market the lower the offers.

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-1970's 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 libraryparks 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.

Helpful Links for Wellington Florida:

Wellington Florida Homes for Sale in Wellington Florida
Wellington Florida Homes for Rent in Wellington Florida
Wellington Florida Previous Real Estate Market Reports

Contact the Wellington Home Team @ 561-333-0446 or [email protected] for all your Wellington Florida Real Estate needs.

Wellington Florida Real Estate Market Report

Summary
Wellington Florida Real Estate Market Report APR 2019
Article Name
Wellington Florida Real Estate Market Report APR 2019
Description
Wellington Florida remains a STABLE MARKET even though home inventory decreased and home sales increased compared to the previous month.
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ABOUT

Michelle Gibson Wellington Florida REALTORMichelle 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 to the real estate industry has expertise in technology, marketing and social media.

REAL ESTATE BROKERAGE SERVICES

Wellington Home Team | Hansen Real Estate Group Inc. is full-service real estate brokerage specializing in residential real estate. As a customer focused, quality organization, we achieve success one client at a time. Call 561-333-0446 or e-mail us today at [email protected]

RELOCATING

If you are thinking about buying, selling or renting your home, townhome or other Real Estate in the following areas; Wellington, Boynton Beach, Greenacres, Lake Worth, Loxahatchee, Royal Palm Beach or West Palm Beach, there are thousands of Realtors to choose from.

However, it doesn't cost you any more to work with a top Realtor in Wellington Florida. We would welcome the opportunity to show you how we get outstanding real estate results. If you are looking for a top real estate agent who will make a difference you have come to the right place.

Use this real estate website to learn more about moving to Wellington Florida, living in Wellington Floridahomes for sale homes for rent along with real estate market reports.

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