Wellington, FL Bank Foreclosures Market Report [Video]

By
Real Estate Agent with United Realty Group Wellington SL# 3190644
https://activerain.com/droplet/4DQp

 

Wellington, FL Bank Owned Homes for Sale  

 

The following is a market report on Bank Foreclosures in Wellington, Florida brought to you by Mark Baker at www.BuyingPalmBeachHomes.com . In this Market report we will cover the current Bank foreclosed homes on the market, the current market prices and the statistics of the sales of the 90 day sold properties including financing terms. This Real Estate Market Report will give home buyers and sellers a good understanding of the foreclosure market in Wellington, FL.

 

Current MLS Homes for Sale

  • 70 homes listed
  • 24 marked Pending
  • 14 marked Active Contingent
  • 0 accepting Back Up orders
  • 32 home available for purchase

 

Market Activity on MLS Real Estate Listings (10 Days)

Wellington FL Bank Foreclosure
Wellington FL Bank Foreclosures
  • 3 New Listings
  • 7 listings with a Price Change Reduction
  • 2 listing is Back on the Market

 

Market Prices of Listed Homes

  • Lowest available property is $234,000 for three bedrooms with two bathrooms and 1,6475 square feet under air.
  • Highest priced property is $867,000 for five bedrooms with seven bathrooms and 5,517 square feet under air.
  • Median home price is $343,000

 

Recently Sold Homes (90 Days)

  • 54 properties have sold
  • Average sales price was $355,000
  • Average sales price per square foot was $125
  • Range in average price per square foot $79 to $183
  • Average Days on Market 75 days

 Detailed MLS Reports for Wellington FL Bank Foreclosures

Financing terms of the Sold real estate

  • 22 were Cash deals
  • 25 were Conventional deals
  • 4 were FHA/VA
  • 3 was an Assumable Mortgage

 

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 84% (16% discount of the asking prices)
  • Average was 97% (3% discount of the asking prices)
  • High end was at 108% of the asking price (8% premium of the asking prices)

 

Looking for Wellington FL Realtor?

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

Posted by


Mark R. Baker, PA

United Realty Group Wellington 

1035 State Road 7

Suite 121

Wellington, FL 33414

(561) 336-6333

www.BuyingPalmBeachHomes.com

 

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Rainmaker
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Captain Wayne - Rowlett Real Estate School
REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida - Panama City Beach, FL
Rowlett Real Estate School / Owner and Instructor

Excellent job on the market report Mark.  Thanks for the info.  Keep up the good work.

Jul 13, 2015 03:38 AM #1
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Rainer
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Mark Baker

Serving Palm Beach County FL
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