Market Update

Wellington

Q1 2023

Residential Property Snapshot

Single Family Homes & Condos | Q1 2023
Med. Sales Price
$700k
3% more than in
Q1 2022
Avg. Days On Market
59
16% more than in
Q1 2022
Closed Sales
147
23% fewer than in
Q1 2022
Inventory
223
Data unavailable for
Q1 2022

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 2023

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q1 2023

Rotate your device to view as table
'22 - '23
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
n/a
New Listings
New Listings represents the number of properties listed during the quarter.
-4%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
n/a
Closed Sales
-23%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
16%

18 Communities

Communities

Binks Forest of the Landings at Wellington

Median
$630k
DOM
51
Sales
4
Inv
4

Equestrian Club Estates

Median
n/a
Sales
0
Inv
6

Grand Prix Village

Median
n/a
Sales
0
Inv
5

Homeland

Median
$1.95m
DOM
174
Sales
3
Inv
3

Mallet Hill

Median
n/a
Sales
0
Inv
2

Meadow Wood of the Landings at Wellington

Median
$1.11m
DOM
18
Sales
2
Inv
4

Olympia

Median
$743k
DOM
43
Sales
13
Inv
13

Paddock Park of Wellington

Median
$1.57m
DOM
146
Sales
4
Inv
10

Palm Beach Point

Median
$6.5m
DOM
21
Sales
1
Inv
15

Palm Beach Polo & Country Club

Median
$1.2m
DOM
70
Sales
21
Inv
46

Rustic Ranches

Median
$2.6m
DOM
116
Sales
2
Inv
1

Saddle Trail Park of Wellington

Median
$3.38m
DOM
57
Sales
2
Inv
8

Southfields

Median
$5.46m
DOM
131
Sales
2
Inv
3

The Equestrian Club

Median
n/a
Sales
0
Inv
4

The Isles at Wellington

Median
$1m
DOM
58
Sales
9
Inv
15

Versailles

Median
$975k
DOM
85
Sales
3
Inv
6

Villagewalk of Wellington

Median
$735k
DOM
17
Sales
5
Inv
5

Wellington Aero Club of the Landings at Wellington

Median
n/a
Sales
0
Inv
8

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Data provided by Beaches MLS Jupiter Tequesta MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Mar 31, 2023 end of day. This report was last updated Apr 11, 2023.

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