Real Estate Market Update for 33414 (Wellington, FL)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 47% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just over 380-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 150%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 440-thousand dollars. The number of units sold decreased 25% year-over-year, and increased 200% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 33414 (Wellington, FL)
Area Information for 33414 (Wellington, FL)
  • Population: 58,097
  • Median Age: 40.26 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,071/sq mi
  • Population Change Since 2000: 52.83%
  • Closest Airport: Palm Beach International
  • Closest College: South University-west Palm Beach
  • Closest Jr. College: Palm Beach Community College-lake Worth
  • Median Household Income: $80,644
  • Annual Residential Turnover: 12%
  • Median Home Sales Price: $268,000
  • Closest Major Sports Team: Jupiter Hammerheads (a)
  • Change Avg. Household Income Since 2000: 11.35%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33414 (Wellington, FL)
Median Age: 40.26 Married: 47% Number of Households: 20,091 Households with Children: 7,979
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33414 (Wellington, FL)

      School Name Distance Type Grades School Rating Parent Rating
      New Horizons Elementary School 9.0 mi Public PRESCHOOL-5 3 5
      Wellington High School 9.4 mi Public 9-12 4 4
      Wellington High Adult Education Center 9.4 mi Public 9-12 0 0
      Forest Trail Academy 9.9 mi Private K-12 0 0
      Wellington Landings Middle School 10.0 mi Public 6-8 5 0
      Binks Forest Elementary School 10.8 mi Public K-5 5 0
      Elbridge Gale Elementary School 10.9 mi Public PRESCHOOL-5 4 0
      Emerald Cove Middle School 10.9 mi Public 6-8 4 0
      Wellington Elementary School 11.0 mi Public PRESCHOOL-5 3 0
      Equestrian Trails Elementary School 11.1 mi Public PRESCHOOL-5 5 0
      Education Place 11.2 mi Private 3-11 0 0
      Wellington Christian School 11.3 mi Private PRESCHOOL-12 0 0
      Score At The Top Learning Center - Wellington 12.3 mi Private 1-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 33414 (Wellington, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.