The Isles at Wellington - Wellington FL Real Estate Market Trends 2002-2011

The Isles at Wellington is a gorgeous guard gated single family and estate home community in Wellington Florida.  Throughout 1999 up until 2003 Kenco Communities, Rutenberg Homes & Lennar Homes constructed 758 single family and estate homes.

Like many of the other communities throughout Wellington Florida property value increased at a rapid rate in the Isles at Wellington and reached it's peak in 2005 with a median sales price of $640,000.  Since 2006 property value in the Isles at Wellington has been decreasing, but homes continue to sell.  As a matter of fact as of February 2012 The Isles at Wellington is a SELLER'S MARKET, which means there are more home buyers than homes for sale in The Isles at Wellington.
 Isles at Wellington FL market trends 2002 to 2011

The above graph displays The Isles at Wellington home sales for 2002 to 2011.  The dark purple shows the number of homes sold while the light purple shows the median home sales price for that particular year.  You will notice an increase in the median sales price in 2010, which could most likely be contributed to the First Time Home Buyer Tax credit that was offered in 2009 & 2010 and in my opinion re-engized the real estate market.

As of today there are only nine homes for sale in The Isles at Wellington starting at $319,900 up to $929,000.

Search Homes for Sale in The Isles at Wellington below:

If you are looking to buy or sell in The Isles at Wellington - Wellington Florida contact me today!

Information provided by RMLS on February 28, 2012 deemed reliable, but not guaranteed
Originally posted at http://wellingtonhometeam.com/the-isles-at-wellington-wellington-fl-real-estate-market-trends-2002-2011/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446


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6 Comments on The Isles at Wellington - Wellington FL Real Estate Market Trends 2002-2011

MAR
12
2012
1,582,982 Points 429 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Michelle

Sounds like a pretty desirable community that is experiencing a positive situation regarding sales, but may be challenging for buyer demand. Not a bad place to be! Best of luck selling some of that Isles at Wellington property!

Jeff
8:14pm • #1
605,972 Points 9 Featured Posts Localism Sponsor Outside Blog Called Shot Master

HI Michelle - this is a great market report and interesting to see the median price higher in 2010 vs 2011, but as you say most likely the result of tax incentive.
9:44pm • #2
MAR
13
2012
1,108,171 Points 72 Featured Posts

Michelle, As long homes continue to sell at The Isles, this is good news for the Wellington FL Real Estate Market!
8:43am • #3
256,743 Points 16 Featured Posts Outside Blog Called Shot Master

Great information on the Isles at Wellington, FL! Only 9 homes?! Buyers best get them while they can ;)

Hope you are having a terrific week
1:25pm • #4
MAR
14
2012
400,348 Points 8 Featured Posts Outside Blog Called Shot Master

Michelle - Anyone interested in the Isles at Wellington, Florida area is going to find your market report very helpful.  Nicely done!
12:40pm • #5
MAR
21
2012
985,912 Points 49 Featured Posts Outside Blog Called Shot Master

Jeff - It's a very desirable gated community in Wellington

Sharon - Thank you

Larry & Sheila - Yes it is

Shannon - Yep

Laura - Thank you 
8:02am • #6


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Michelle Gibson REALTOR® Wellington Florida Homes for Sale

Wellington, FL

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Hansen Real Estate Group Inc.

Address: www.WellingtonHomeTeam.com

Office Phone: (561) 333-0446

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