Wellington Homes Sold – Market Report April 2016
Wellington Home Sales Brisk
In the month of April 2016 there were a total of 95 homes sold in Wellington. They ranged in price from a low of $148,689 for a 3bedroom 2 bath condo in Sheffield Woods in which the buyers paid cash up to a $20,000,000 sale for an Equestrian property adjacent to International Polo Club and DeerRidge Farms. This fully upgraded and renovated home offered so much for the Wellington Equestrian! There is a sand ring, a private gated entrance that is shared with DeerRidge Farms, a 3,200 square foot garage/warehouse which has a 3 bedroom apartment upstairs with a vaulted ceiling. The Owner/ Barn Managers apartment offers 2 bedrooms and 2 baths with a fireplace, beautiful custom kitchen and crown molding. Additionally there are 2 studio apartments that are 2bedroom 1 bath, a trophy room, locker room and tack room. Lastly this estate features Bridle Path and trails, Feed Room, Grass Field, 11 Paddocks, lake and gazebo.
The average Sales Price for condos, villas and townhomes in Wellington was $236,859 or $152.47 per Square Foot of Living area and sold in an average of 92 days.
In the under $1,000,000 Home Category, the average Wellington home price was $417,312 or $165.15 Per Square Foot of Living Area and sold with an average of 66 Days on Market.
In the over $1,000,000 Home Category in Wellington, there were 7 homes sold. The average home price was $4,562,857 and was sold in an average of 198 Days on Market.
Homes Sales are down over the same time last year, In April 2015 there were a total of 147 Homes SOLD. The total volume sold was $110,770,042. In April 2016 the total volume sold was $68,452,827 which is almost 38% less than this time last year.
Have you been thinking of selling your Wellington home?
If you have been thinking of selling your home, NOW may be the time. In my opinion, there is a real shortage of inventory. AND when inventory is low homes sell quicker and for more money!
If you would like to find out the VALUE of your Wellington Home please call 561.308.9355 or visit What is MY Wellington Home Worth and I will email you a FREE market analysis or will be happy to stop by for an in home visit. Please take a moment to view my Marketing Plan which ensures that I will sell your home for Top Dollar in the least amount of time and with the least amount of sacrifice. Please take a moment to review my Client Testimonial page.