Wednesday, March 4, 2015

Olympia Wellington, FL Real Estate for Sale Market Report





Real Estate for Sale in Olympia Wellington 

The following is a market report for the residential development of Olympia in Wellington, Florida brought to you by Mark Baker at www.BuyingPalmBeachHomes.com . In this Market report we will cover the current homes on the market, the types of real estate available, the current market prices within the community and the statistics of the sales of the 120 day sold properties including the property types and financing terms. This Real Estate Market Report will give home buyers and sellers a good understanding of the housing market in the development of Olympia located in Wellington, FL.
 

Current MLS Homes for Sale

  • 75 homes listed
  • 14 marked Pending
  • 6 marked Active Contingent
  • 3 accepting Back Up orders
  • 52 home available for purchase
 

Market Activity on MLS Listings (10 Days)

  • 6 New Listings
  • 2 listings with a Price Change Reduction
  • 1 listing is Back on the Market
 

Current Market Listings

  • 39 traditional sale listings
  • 3 Short Sale listings
  • 10 REO sale listings
 

Market Prices of Listed Homes

  • Lowest available property is $309,000 for four bedrooms with three bathrooms and 2,148 square feet under air.
  • Highest priced property is $998,000 for five bedrooms with seven bathrooms and 5,517 square feet under air.
  • Median home price is $410,000

 Olympia MLS reports with details and large photos 

Recently Sold Houses (120 Days)


Olympia Wellington FL Houses for sale
Olympia Wellington FL Houses for sale
  • 34 properties have sold
  • Average sales price was $473,000
  • Average sales price per square foot was $140
  • Range in average price per square foot $108 to $182
  • Average Days on Market 78 days
 

 Types of Home Sales

  • 26 homes were traditional sales
  • 3 homes were Short Sales
  • 5 homes were REO
 

Financing terms of the Sold properties

  • 9 were Cash deals
  • 19 were Conventional deals
  • 5 were FHA/VA
  • 1 was an Assumable Mortgage
 

Sales to List Price of Recently Sold Homes

This information has been provided to see the relationship of the actual sold price of a home to the asking list price.
  • Low end was 90%
  • Average was 97% (3% discount of the asking prices)
  • High end was at 101% of the asking price
 

Looking for Realtor?

If you are looking to buy or sell a home in Olympia of Wellington, FL please let me put my experience to work for you. I have extensive knowledge of the homes within this community and the surrounding areas. You can contact me at 561-336-6333 or visit me online at www.BuyingPalmBeachHomes.com

No comments:

Post a Comment