Sheffield Woods is one of the most desirable condo communities in Wellington Florida. From 1981 to 1985 a total of 192 condos were built in Sheffield Woods, which feature first and second floor condos.
Like other communities throughout Wellington Florida property value increased at a rapid rate in Sheffield Woods and reached it's peak in 2005 with a median sale price of $200,000. Since 2007 property value in Sheffield Woods has been decreasing, but condos continue to sell. In fact as of February 2012 Sheffield Woods is a SELLER'S MARKET, which means there are more home buyers than condos for sale in Sheffield Woods.
The above graph displays Sheffield Woods sales for 2002 to 2011. The dark purple shows the number of condos sold while the light purple shows the median condo sales price for that particular year.
As of today there are only two condos for sale in Sheffield Woods starting at $84,000 up to $95,000.
Search Condos for Sale in Sheffield Woods below:
Information provided by RMLS on March 6, 2012 deemed reliable, but not guaranteed
Originally posted at http://wellingtonhometeam.com/sheffield-woods-wellington-fl-real-estate-market-trends-2002-2011/
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