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)

SINGLE FAMILY Number of Sales

2023

2024

175

196

▲12.0%

Average Sales Price

$2,743,983

$2,387,309

▼13.0%

Median Sales Price

$1,500,000

$1,395,000

▼7.0%

Average Square Footage

3,969

3,705

▼6.6%

Price Per Square Foot

$725

$763

▲5.3%

Average DOM

97

114

▲17.8%

Sales Sold at Original List Price

19

11

▼42.1%

Top Sale Price

$21,850,000

$13,000,000

▼40.5%

Total Sale Volume

$480,196,959

$467,912,500

▼2.6%

Condos & Townhomes

% CHANGE (1 YEAR)

CONDO/CO-OP/TOWNHOME

2023

2024

Number of Sales

33

15

▼54.5%

Average Sales Price

$1,371,091

$1,317,600

▼3.9%

Median Sales Price

$1,250,000

$1,185,000

▼5.2%

Average Square Footage

2,007

2,202

▲9.7%

Price Per Square Foot

$702

$638

▼9.2%

Average DOM

49

77

▲57.4%

Sales Sold at Original List Price

9

1

▼88.9%

Top Sale Price

$2,095,000

$1,925,000

▼8.1%

Total Sale Volume

$45,246,000

$19,764,000

▼56.3%

Top Residential Sale $13M 2981 HURLINGHAM DR, WELLINGTON, FL 33414

LUXURY REPORT

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