Illustrated Properties Luxury Report

WELLINGTON EQUESTRIAN | NATURE | POLO

Palm Beach gives way to greener pastures for horse lovers in Wellington. Home to an internationally recognized equestrian community (with a social scene to match), this city offers endless opportunities to play by day and ride off into the sunset at night. Each January through April, Wellington’s equestrian season leaps into action. The Winter Equestrian Festival welcomes the world’s top riders in show jumping and dressage for 12 weeks of competition. During Palm Beach International Polo Season, you can’t swing a mallet without hitting a daily event or field-side brunch.

Single Family Homes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

SINGLE FAMILY HOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

38

72

38

▲0.0%

▼47.2%

Average Sales Price

$3,270,079

$2,405,500

$2,878,539

▼12.0%

▲19.7%

Median Sales Price

$1,437,500

$1,285,000

$1,496,000

▲4.1%

▲16.4%

Average Square Footage

4,331

3,689

3,922

▼9.4%

▲6.3%

Price Per Square Foot

$688

$772

$749

▲8.9%

▼2.9%

Average DOM

108

91

118

▲9.1%

▲30.1%

Sales Sold at Original List Price

1

7

2

▲100.0%

▼71.4%

Top Sale Price

$21,850,000

$9,500,000

$12,500,000

▼42.8%

▲31.6%

Total Sale Volume

$124,263,000

$173,196,000

$109,384,500

▼12.0%

▼36.8%

Condos & Townhomes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

3

6

-

-

Average Sales Price

$1,383,333

$1,239,500

-

-

Median Sales Price

$1,100,000

$1,130,000

-

-

Average Square Footage

1,848

2,149

-

-

Price Per Square Foot

$764

$621

-

-

Average DOM

38

56

-

-

Sales Sold at Original List Price

1

0

-

-

Top Sale Price

$1,950,000

$1,680,000

-

-

Total Sale Volume

$4,150,000

$7,437,000

-

-

Top Residential Sale $12.5M 3410 OLDE HAMPTON DR, WELLINGTON, FL 33414

LUXURY REPORT

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