Home Sales in Wellington Florida have Increased by 7% since March 2011 and homes for sale in Wellington Florida are continuing to go under contract.
Even though the amount of cash buyers went down to 3% they are still dominating the Wellington Florida real estate market and made up a 48% of Wellington FL home sales in March 2011. While other Wellington home buyers obtained financing;33% obtained conventional financingand 16% obtained FHA buyers.
Since March 2011 Cash Buyers in Wellington Florida are DOWN -3%, Conventional buyers are UP +1% and FHA buyers areUP +6%.
Since February 2011 Traditional Sales in Wellington Florida are UP +5%, Short Salesare Up +2% and Bank Owned Salesare also DOWN -8%.
97 properties Sold in April 2011
71 Single Family Homes, 20 Townhomes and 6 Condos
Single Family Home Sales range from $92,00 up to $2,900,000
Townhome Sales range from $53,100 up to $710,000
Condo Sales range from $60,375 up to $750,000
If you are looking to buy a home for sale in Wellington Florida it is imperative that you hire a REALTOR who knows the market and how to put together a winning offer. As an experienced REALTOR selling homes throughout Wellington Florida I will be more than happy to discuss your real estate needs with you.
If you are thinking about BUYING, SELLING or RENTING in Wellington Florida contact me today for all your real estate needs!
Wellington FL Real Estate: April 2011 Market Report
Information deemed reliable, but not guaranteed. Provided by RMLS May 16, 2011
Originally posted at http://wellingtonhometeam.com/wellington-fl-real-estate-market-report/