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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.
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.
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.
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/
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These charts look great. I was thinking of doing something like this for Portland market… did you use excel? Thanks!
Quinn
Short Sale Portland recently posted..Banks are stepping up foreclosures in Portland, up 11% in September.
Yes, I did use excel