Property prices for sale in Wellington (Florida)
The prices in real estate in Wellington, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Wellington has increased during the last 6 months. In October, the average price per sq.feet was $1,757. In the following month the price per sq.feet increased considerably to $2,058. In the following two months the price per sq.feet has barely changed, going from $1,907.5 to $1,876 per sq.feet. The price per sq.feet has increased 112 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,891.75 to $2,111.5 during February, and March.
Based upon to the price in Wellington (cities), this has fallen considerably in the last 6 months. The average price for October is $1,697,241. During November the price had a considerable reduction till $1,205,095. During the following two months (December, January) the average price had a considerable reduction of 84 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,563,864 they are 71 % more affordable than the average price for Wellington. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,411,267.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $399 / sq.feet, with an average $2,657 / sq.feet price in Wellington. The properties with the lowest average prices have 4 bedrooms. They are 73 % cheaper than the average followed by properties with 1 bedroom with a price at $622 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,563,864 it is 63 % cheaper than the average price in Wellington. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $3,487,329 it is 182 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $398 / sq.feet followed by "Detached House" priced at $727 / sq.feet. "Land" is the most costly type of property with a $703,907 / sq.feet cost followed by "Villa" with an average price of $5,376 / sq.feet.
