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Elliman Report: Wellington Sales 4Q 2018

The median sales price for a condo was $262,500, up 4.5% and the median sales price of a single-family was $417,450, up 5.7% respectively from the year-ago quarter. In the luxury market, representing the top ten percent of all sales, condo median sales price slipped 1.8% to $665,000, and singlefamily luxury median sales price nearly doubled to $2,000,000 respectively over the same period. Average sales size did not skew higher to cause the single-family price trend indicator surge. Condo…

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