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
1401 Pelham Road
$1,795,000
Most Expensive
5240 Laredo Way
$40,000,000
Least Expensive
2489 Country Golf Drive
$365000
Wellington Listings Summary
Wellington - Town vs. County Stats
Avg Price in Wellington: $3,648,800 / County Avg $1,374,600
133%
Avg Taxes in Wellington: $23,900 / County Avg $9,800
122%
Avg Sq. Ft. in Wellington: 3,773 / County Avg 2,148
88%
Avg Price per/sqft in Wellington:$967 / County Avg $640
151%
Avg Walkscore in Wellington: 14 / County Avg 31
23%
Avg Year Built in Wellington: 1994 / County Avg 1986
50%
Avg Days on Website in Wellington: 182 / County Avg 90
101%
Wellington Real Estate Market Health
New Listings
Reductions
Foreclosures
Short Sales
| Areas in Wellington FL |
|---|
| 5520 |
| 5570 |
| 5790 |
| Palm Beach 5520 - 5530 - 5570 - 5580 |
| Palm Beach 5730 - 5740 - 5760 - 5770 - 5790 |
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