Below is the January 2010 Market Report for Wellington FL Real Estate. All reports are based on Single Family Homes in Wellington, listed, pending and sold for $500,000 or less.

Wellington FL Short Sales Vs.Traditional Sales
Statistics for Single Family Homes Under Contract Under $500,000
January 16, 2009

There are 220 Single Family Homes Under Contract in Wellington FL Under $500,000.
Traditional Sales: 41
Short Sale: 172
Bank Owned: 7

Wellington FL Short Sales Vs.Traditional Sales
Statistics for Single Family Homes Sold in
December 2009 Under $500,000

In December 2009 51 Single Family Homes Sold in Wellington FL Under $500,000.
Traditional Sales: 26
Short Sale: 21
Bank Owned: 4

Traditional Sale: The owner/seller has enough equity in their home to sell it without needing to do a short sale. However there are some owner's/seller's that do no have enough equity in their home, but choose to bring money to closing in order to make up the short fall. Short Sale: When the owner/seller owes more than the home will sell for in today's real estate market and their lender has agreed to accept less than what is owed. Bank Owned: When the lender, typically a bank, owns the property.  
Information provided by Regional MLS.  Information deemed reliable, but not guaranteed.