South Florida

Wellington, FL

Single-Family Homes

Real Estate Market Reports



Wellington, FL

Wed Dec 04 2024
This week the median list price for Wellington, FL is $849,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 464. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Wellington, FL

Wed Dec 04 2024
This week the median list price for Wellington, FL is $849,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 464. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Wellington market.
Median List Price $849,000
Median Price of New Listings $749,999
Per Square Foot $347
Average Days on Market 142
Median Days on Market 91
Price Decreased 46%
Price Increased 1%
Relisted 9%
Inventory 464
Median Rent
Market Action 28
Slight Buyer'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
$3,925,000 4,106 1 - 2.5 acres 4 4.5 25 4 1 147
$1,050,000 3,287 0.25 - 0.5 acre 5 3.5 20 8 8 101
$749,949 2,380 8,000 - 10,000 sqft 4 2.5 20 7 8 70
$599,900 1,788 6,500 - 8,000 sqft 3 2 27 13 9 70