Wellington home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Wellington rose by $49,500 while total sales increased by 17.6%, according to BlockShopper.com.

In October 2020, there were 154 homes sold, with a median sale price of $411,500 - a 13.7% increase over the $362,000 median sale price for the same period of the previous year. There were 131 homes sold in Wellington in October 2019.

The median sales tax in Wellington for the most recent year with available data, 2018, was $4,950, approximately 1.2% of the median home sale price for October 2020.

The following table compares Wellington to other Palm Beach County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Jupiter (unincorporated)362544%$486,250$455,0006.9%
Lake Clarke Shores46-33.3%$478,500$357,00034%
Juno Beach2412100%$472,500$300,00057.5%
Boca Raton21818219.8%$452,750$380,00019.1%
Tequesta251566.7%$435,000$273,00059.3%
Wellington15413117.6%$411,500$362,00013.7%
Jupiter17813333.8%$400,000$322,00024.2%
Palm Beach Gardens17814522.8%$384,500$343,00012.1%
Loxahatchee (unincorporated)3234-5.9%$373,500$350,5006.6%
Palm Beach Shores6450%$363,650$308,00018.1%
South Palm Beach13785.7%$340,000$362,500-6.2%

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