Home Sales in Wellington Florida have decreased by 31% since December 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 and made up 48% of Wellington FL home sales in January 2011. While other Wellington home buyer buyers obtained financing. 35% of buyers obtained conventional financing and FHA buyers made up 15% of the sales.
Since December 2010 Cash Buyers in Wellington Florida are DOWN -7%, Conventional buyers are UP 12% and FHA buyers are DOWN -1%.
Since December 2010 Traditional Sales in Wellington Florida are DOWN -13%, Short Sales are UP 9% and Bank Owned Sales are also UP +3%.
65 properties Sold in January 2011
41 Single Family Homes, 15 Townhomes and 9 Condos
Single Family Home Sales range from $149,500 up to $1,525,000
Townhome Sales range from $60,000 up to $500,000
Condo Sales range from $30,000 up to $200,000
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.
Wellington FL Real Estate: January 2011 Market Report
Information deemed reliable, but not guaranteed. Provided by RMLS February 12, 2010