Wellington Florida Homes for Sale | May 2013 Market Report

By
Real Estate Agent with Hansen Real Estate Group Inc.

Wellington Florida Homes for Sale | May 2013 Market Report

What took place in the Wellington Florida real estate market in May 2013? Let's review! The real estate market in Wellington Florida is currently experiencing a Sellers Market and home sales INCREASED 25% compared to last month. Cash buyers are still dominating the market accounting for 57% of the homes sales and conventional buyers came in second at 27%. The amount of distressed homes for sale in Wellington is at an all time low, short sales currently account for 3% of the homes for sale while bank owned homes (REO) account for 2%.

Compared to may 2012 home sales increased by 40% and the median price went fro $245,700 to $309,900, a 26% increase.

Wellington Florida Homes for Sale Market Reports

If you are a buyer or seller in the Wellington Florida real estate market understanding the current market conditions is essential to making an educated decision when writing an offer on a home for sale in Wellington Florida or accepting an offer on your Wellington home listed for sale. Below is the last real estate market report for Wellington Florida in 2012.

Wellington Florida Homes for Sale | May 2013 Market Report

Search Wellington Florida Homes for Sale

If you are looking to SELL, BUY or RENT a home in Wellington Florid the Wellington Home Team can help!

SELLING: Do you want to sell your home in Wellington Florida? If you are thinking about selling your home and want to know the value you can find out @ What's my Wellington Home Worth? or call us @ 561.333.0446 for a free on line or in home market analysis. You can also take a sneak peek at some of the marketing we do to get top dollar for your Wellington Florida home in the shortest amount of time @ Marketing your Wellington Florida Home. If you are upside down and owe more than your home is worth, but need to sell you may have options to avoid foreclosure, such as short selling your Wellington Florida home.

BUYING: Are you looking to buy a home in Wellington Florida? Let us do the searching for you by filling out our Online Buyer Questionnaire. Once received we will do a custom home search based on your needs and then e-mail you a list of home for sale in Wellington Florida.

LANDLORDS: Do you need to list your home for rent in Wellington Florida? Visit our Landlord Resource Center to find out the Steps to Listing your Wellington Florida Home for Rent. Here, you will also be able to find out how much your home will rent for, take a peak at our Rental Marketing Plan and learn more about our Tenant Screening Process.

TENANTS: Are you looking to rent a home in Wellington Florida? Receive a list of available homes for rent in Wellington Florida by filling out our Online Rental Questionnaire. Once completed we will do a custom MLS home search and e-mail a list of homes that fit your needs. Learn more about the rental process @ 9 Steps to Renting a Home in Wellington Florida and Rental Tips and Expectations.

Contact the Wellington Home Team @ 561.333.0446 or Contact@WellingtonHomeTeam.com for all of your Wellington Florida Real Estate needs.

Originally posted at http://wellingtonhometeam.com/wellington-florida-homes-for-sale-may-2013-market-report/

Posted by
About the Author:
Michelle Gibson is a full-time Realtor with the Hansen Real Estate Group Inc. She has been specializing in residential real estate throughout Palm Beach County Florida since 2001. Specific areas of expertise include; Wellington, Lake Worth, Royal Palm Beach, West Palm Beach, Boynton Beach, Loxahatchee, Greenacres, Lake Clarke Shores, Palm Beach Gardens, Jupiter, Delray Beach and Jupiter.
 
Whether you're looking to buy, sell or rent Michelle will be able to walk you through your entire real estate transaction from start to finish.
 
Connect with Michelle:

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Topic:
Real Estate Market Trends
Location:
Florida Palm Beach County Wellington Village Of Wellington
Groups:
Palm Beach County Homes for sale- South Florida Real Estate for Sale
Wellington Homes for sale- South Florida Real Estate for Sale
Palm Beach County Pros
Local Real Estate Market Reports
Market Reports
Tags:
wellington florida homes for sale
may 2013 market report

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Rainmaker
1,023,809
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I wish you well selling Wellington Fl.  Have a great week.

Jun 16, 2013 05:13 AM #1
Rainmaker
3,249,608
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Michelle

The May 2013 real estate market for Wellington Florida shows a hot real estate market.

Good luck and success.

Lou Ludwig

Jun 16, 2013 08:07 AM #2
Rainmaker
722,487
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Evening Michelle

 

Thanks for the post and Wellington market update. That is great news in regards to the number of cash buyers in market and volume of sales. Thanks again for sharing. Have a great week

Jun 16, 2013 09:15 AM #3
Rainer
405,683
Brad MacKenzie
Brad MacKenzie - Duxbury, MA
Turning Houses into Homes on the South Shore

That's a lot of cash. Amazing stats.

Jun 16, 2013 10:05 AM #4
Rainmaker
1,529,244
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale
Michelle, I'm always surprised to see the continued high amount of cash sales in Wellington Florida. It's clear from your report the market is strong and buyers will need to deliver their best offer right from the start.
Jun 16, 2013 09:41 PM #5
Rainmaker
4,798,020
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Michelle, excellent report showing just how strong the current Wellington real estate market is.

Jun 16, 2013 09:48 PM #6
Rainmaker
3,503,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Michelle - some very impressive numbers for Wellington Florida homes for sale.    

Jun 17, 2013 12:10 AM #7
Rainmaker
1,419,131
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Wellington Florida is a great community and both buyers and sellers are lucky to have you as their area expert.

Jun 17, 2013 12:36 AM #8
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Rainmaker
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Michelle Gibson

REALTOR
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