Real Estate Market Report for Sale in Versailles
The following is a market report for the residential development of Versailles 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 Versailles located in Wellington, FL.
Current MLS Homes for Sale
- 29 homes listed
- 3 marked Pending
- 2 marked Active Contingent
- 2 accepting Back Up orders
- 22 home available for purchase
Market Activity on MLS Listings (10 Days)
- 1 listing with a Price Change Reduction
Current Market Listings
- 20 traditional sale listings
- 0 Short Sale listings
- 2 REO sale listings
Market Prices of Listed Homes
- Lowest available property is $345,000 for three bedrooms with three bathrooms and 3,077 square feet under air.
- Highest priced property is $1,320,000 for six bedrooms with seven bathrooms and 5,043 square feet under air.
- Median home price is $550,000
Recently Sold Houses (120 Days)
- 10 properties have sold
- Average sales price was $653,000
- Average sales price per square foot was $149
- Range in average price per square foot $110 to $209
- Average Days on Market 66 days
Types of Home Sales
- 5 homes were traditional sales
- 1 home was a Short Sale
- 4 homes were REOs
Financing terms of the Sold properties
- 2 was conventionally financed
- 8 were cash deals
Sales to List Price of Recently Sold Homes
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 88%
- Average was 94% (6% discount of the asking prices)
- High end was at 99% of the asking price
Looking for Realtor?
If you are looking to buy or sell a home in Versailles 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