Wellington Real Estate
Wellington is a city in Palm Beach County, Florida, United States. As of 2014, the city had a population of 61,485 according to the U.S. Census Bureau,making it the most populous village in the state. It is the fifth largest municipality in Palm Beach County by population. Wellington is part of the South Florida Metropolitan Statistical Area. Wellington was named Money Magazine's "Top 100" Best Places to Live in 2010. Although Wellington is not a village under any standard definition of the term village in the US, it is referred to officially as the "Village of Wellington".
Wellington was originally the world's largest strawberry patch on land called the Flying Cow Ranch; "Flying" because the founder was an aviator, and "Cow" stood for the initials for Charles Oliver Wellington (C.O.W.). In the 1950s, Mr. Wellington bought 18,000 acres (73 km2) of central Palm Beach County swampland, which would eventually become the Village of Wellington. Wellington began as a planned unit development approved by Palm Beach County in 1972, and up until 1990, it functioned as a sprawling bedroom community with few shopping centers or restaurants until it was incorporated in December 1995. It has now become known as an international center for equestrian sports.
Wellington was originally the world's largest strawberry patch on land called the Flying Cow Ranch; "Flying" because the founder was an aviator, and "Cow" stood for the initials for Charles Oliver Wellington (C.O.W.). In the 1950s, Mr. Wellington bought 18,000 acres (73 km2) of central Palm Beach County swampland, which would eventually become the Village of Wellington. Wellington began as a planned unit development approved by Palm Beach County in 1972, and up until 1990, it functioned as a sprawling bedroom community with few shopping centers or restaurants until it was incorporated in December 1995. It has now become known as an international center for equestrian sports.
Most Popular
13893 Gracida Street
$28,750,000
Most Expensive
5240 Laredo Way
$40,000,000
Least Expensive
12155 Cuddington Court
$320000
Wellington Listings Summary
Wellington - Town vs. County Stats
Avg Price in Wellington: $3,316,100 / County Avg $1,135,500
146%
Avg Taxes in Wellington: $22,700 / County Avg $10,300
111%
Avg Sq. Ft. in Wellington: 3,722 / County Avg 2,129
87%
Avg Price per/ft2 in Wellington: $891 / County Avg $533
167%
Avg Walkscore in Wellington: 17 / County Avg 31
27%
Avg Year Built in Wellington: 1996 / County Avg 1986
50%
Avg Days on Website in Wellington: 204 / County Avg 119
86%
Wellington Real Estate Market Health
New Listings
Reductions
Foreclosures
Short Sales
| Areas in Wellington FL |
|---|
| 5520 |
| 5570 |
| 5790 |
| Palm Beach 5520 - 5530 - 5570 - 5580 |
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