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.
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.
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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.