South Florida

Wellington, FL

Single-Family Homes

Real Estate Market Reports



Wellington, FL

Sat Sep 07 2024
This week the median list price for Wellington, FL is $849,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 434. Click here to stay informed with the Wellington market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Wellington, FL

Sat Sep 07 2024
This week the median list price for Wellington, FL is $849,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 434. Click here to stay informed with the Wellington market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Wellington market.
Median List Price $849,500
Median Price of New Listings $750,000
Per Square Foot $350
Average Days on Market 133
Median Days on Market 84
Price Decreased 49%
Price Increased 2%
Relisted 10%
Inventory 434
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,450,000 4,000 1 - 2.5 acres 5 4.5 23 8 2 175
$999,250 3,088 0.25 - 0.5 acre 5 3.5 20 7 7 70
$749,900 2,308 8,000 - 10,000 sqft 4 2.5 24 10 8 77
$584,900 1,685 4,500 - 6,500 sqft 3 2 26 14 7 63