Olympia Buyers Real Estate Report

The following is a market report for the residential development of Versailles in Wellington FL brought to you by Florida Licensed Real Estate Agent and Wellington Realtor Mark Baker. In this Home Buyers report we will cover the current houses on the market, the current market prices within the Gated Community and the statistics of the sales of the 90 days sold houses including the sales price per square foot and the sales to list price. This Real Estate Market Report will give home buyers a good understanding of the real estate values in the gated community of Versailles in Palm Beach County Florida.

Current MLS Listings for Sale

  • 95 homes on the market
  • 14 under contract Pending
  • 6 under contract Contingent
  • 4 accepting Back Up orders
  • 71 houses available for sale

Market Activity on MLS Listings (10 Days)

  • 9 listings with a Price Change Reduction to the downside
  • 0 listing is Back on the Market
  • 8 new listings

Current Market Listings

  • 65 traditional sale listings
  • 4 Short Sale listings
  • 2 REO sale listings

Current Olympia Wellington MLS Listings

Market Prices of Listed Houses

  • Lowest available property is $275,000 for four bedrooms with two and a half bathrooms and 2,032 living square feet.
  • Highest priced property is $1,200,000 for five bedrooms with seven bathrooms and 5,537 square feet under air.
  • Median home price is $475,000

Recently Sold Houses (90 Days)

  • 20 properties have sold
  • Average sales price was $401,000
  • Average sales price per square foot was $134
  • Range in average price per square foot $95 to $166
  • Average Days on Market 75 days

 Types of Home Sales

  • 15 homes were traditional sales
  • 3 home was REO
  • 1 short sale

Financing terms of the Sold Homes

  • 2 was a cash deal
  • 16 conventional
  • 2 were FHA/VA
  • 0 seller financed
  • 0 other / assumable

Sales to List Price of Recently Sold Real Estate

This information has been provided to see the relationship of the actual sold price of a home to the list price at time of contract.

  • Low end was 89% (11% discount of the asking prices)
  • Average was 97% (3% discount of the asking prices)
  • High end was at 107% of the asking price (7% premium of the list price)

If your looking to buy a Olympia Wellington Florida Home, you can contact me directly at 561-336-6333.

Current Olympia Wellington MLS Listings


Olympia Wellington FL Home Buyers Report