Wellington Short Sale Market Report for October 2011

Wellington Short Sale Market Report for October 2011

Short Sale in Wellington Florida have been common place for several years now and currently account for 17% of the homes for sale in Wellington Florida, which is a 1% decrease since last month.

While some Wellington FL real estate agents still don't understand the short sale process I do and assist short sale sellers and buyers  with their real estate needs.

Wellington Short Sales - Market Report for October 2011

There are currently 104 Wellington Short Sales for Sale, which make up 17% of the total homes for sale in Wellington Florida.  A total of 184 Wellington Short Sales are Under Contract accounting for 60% of the market share and only 16 Wellington Short Sales Sold in September 2011.

Wellington Short Sales - Market Report for October 2011

The highest asking price for a Wellington Short Sale right now is 1,695,000 million and the lowest priced Wellington Short Sale is $55,000. A majority of the short sales for sale in Wellington have a list price of $200,001 to $300,000, but the 200,001-$300,000 price ranging is catching up.

Wellington Short Sales - Market Report for October 2011

When it comes to Wellington Florida Short Sales based on absorption rate it's currently a STABLE Market, but it's almost a BUYERS Market.

If you are thinking about buying a short sale or selling your Wellington FL home via short sale make sure to hire a Wellington short sale agent who is experienced with the short sale process.


Information provided by RMLS on October 17, 2011 and deemed reliable, but not guaranteed
Originally posted at http://wellingtonfloridashortsale.com/wellington-florida-short-sale-market-report/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446


©2011 All Rights Reserved

Wellington FL Short Sale Market Report: September 2011

Wellington FL Short Sale Market Report: September 2011

Wellington Florida Short Sales are not new to South Florida, they have been common place for several years now and currently make up 18% of the Wellington FL real estate market, which is a 1% increase since last month.

While most real estate agents in Wellington Florida were entering an uncharted territory with short sales most are now more than familiar with what a short sale is and how the process works, but there are still some agents who won't work with short sale buyers or short sale sellers.

Wellington Short Sales Percentage Sept 2011

There are currently 115 Wellington Short Sales for Sale, which make up 18% of the total homes for sale in Wellington Florida.  A total of 174 Wellington Short Sales are Under Contract accounting for 58% of the market share, which is 2% more than last month.  Only 19 Wellington Short Sales Sold in August 2011.

Wellington Short Sales by Price Sept 2011

The highest asking price for a Wellington Short Sale right now is 1,895,000 million and the lowest priced Wellington Short Sale is $49,000. A majority of the short sales for sale in Wellington have a list price of $200,001 to $300,000, but the 200,001-$300,000 price ranging is catching up.

Wellington Short Sales Absorption Sept 2011

Search Short Sale Homes for Sale in Wellington FL now!

When it comes to Wellington Florida Short Sales based on absorption rate it's currently a STABLE Market almost boarding on a sellers market, but is it really? Often times Wellington short sale agents will keep their listings "ACTIVE" in the mls even though they have an executed contract submitted to the sellers lender for approval. Some of these short sale agents do it because they are interested in receiving back up offers while other times the Wellington short sale agent just didn't get around to changing the status.

If you are thinking about buying a short sale or selling your Wellington FL home via short sale make sure to hire a Wellington short sale agent who is experienced with the short sale process.

Information provided by RMLS on September 14, 2011 and deemed reliable, but not guaranteed
Originally posted at http://wellingtonfloridashortsale.com/wellington-fl-short-sale-market-report-september-2011/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446


©2011 All Rights Reserved

Wellington Florida Short Sale Market Report: April 2011

Wellington Florida Short Sale Market Report: April 2011

Short sales in Wellington Florida started becoming common quickly after property values began declining back in 2006 and now they make up 19% of the homes for sale. While most real estate agents in Wellington Florida were entering an uncharted territory with short sales most are now more than familiar with what a short sale is and how the process works, but there are still some agents who won't work with short sale buyers or short sale sellers.

Wellington Florida Short Sale Market Report: April 2011

There are currently 136 short sale homes for sale in Wellington Florida, which makes up 19% of the total homes for sale in Wellington. However when it comes to the amount of homes that are currently under contract in Wellington FL Short Sales make up 54% of the 338 pending homes. A total of 91 homes sold in March 2011 and Wellington short sales accounted for 18% of those sales.

Wellington FL Short Sales By Price

The highest list price for a short sale home for sale in Wellington is 2.5 million and the lowest is $63,000. A majority of the short sales for sale in Wellington have a list price of $250,001 to $300,000.

Wellington Florida Short Sale Market Report: April 2011

When it comes to short sales in Wellington based on absorption rate it's a Buyer's Market, but is it really? Often times short sale listing agentswill keep their short sale listings "ACTIVE" in the mls even though they have an executed contract submitted to the sellers lender for approval. Some of these agents do it because they are interested in receiving back up offers while other times the short sale listing agent just didn't get around to changing the status.

Now say the real number of "ACTIVE" short sales is 110 and not 136, the current "Buyer's Market" would quickly turn into a "Stable Market." So unfortunately it may or may not be a "Buyer's Market" when it comes to short sales in Wellington Florida.

If you are thinking about buying a Wellington short sale or selling your Wellington FL home via short sale make sure to interview several Wellington Short Sale Agents to find the best one.

Click here for the most recent Wellington FL Short Sale Market Report

Information provided by RMLS on April 12, 2011 and deemed reliable, but not guaranteed


Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446


©2011 All Rights Reserved