Real Estate for Sale in Isles of Wellington Report

The following is a market report for the residential development of Isles of Wellington in Wellington, Florida brought to you by Mark Baker at www.BuyingPalmBeachHomes.com . In this Market report we will cover the current homes on the market, the types of real estate available, the current market prices within the community and the statistics of the sales of the 120 day sold properties including the property types and financing terms. This Real Estate Market Report will give home buyers and sellers a good understanding of the housing market in the development of Isles of Wellington located in Wellington, FL.

Current MLS Homes for Sale

• 35 homes listed
• 3 marked Pending
• 2 marked Active Contingent
• 1 accepting Back Up orders
• 29 home available for purchase

Market Activity on MLS Listings (10 Days)

• 4 New Listings
• 4 listings with a Price Change Reduction

Current Market Listings

• 27 traditional sale listings
• 1 Short Sale listing
• 1 REO sale listing

Market Prices of Listed Homes

• Lowest available property is $284,000 for three bedrooms with two bathrooms and 1,646 square feet under air.
• Highest priced property is $926,000 for six bedrooms with five bathrooms and 4,909 square feet under air.
• Median home price is $575,000

Current MLS Listing Reports for The Isles at Wellington Homes for Sale

Recently Sold Real Estate (120 Days)

• 9 properties have sold
• Average sales price was $450,000
• Average sales price per square foot was $153
• Range in average price per square foot $111 to $192
• Average Days on Market 100 days

 Types of MLS Home Sales

• 7 homes were traditional sales
• 1 home was a Short Sale
• 1 home was a REO

Financing terms of the Sold properties

• 1 were Cash deals
• 7 were Conventional deals
• 1 were FHA/VA

Sales to List Price of Recently Sold Houses

This information has been provided to see the relationship of the actual sold price of a home to the asking list price.

• Low end was 83%
• Average was 94% (6% discount of the asking prices)
• High end was at 100% of the asking price

Looking for Real Estate Agent?

If you are looking to buy or sell a home in Isles of Wellington of Wellington, FL please let me put my experience to work for you. I have extensive knowledge of the homes within this community and the surrounding areas. You can contact me at 561-336-6333 or visit me online at www.BuyingPalmBeachHomes.com