Momentum Housing Data · Home Values · Palm Beach County
Buying here? See Monterey on the Lake homes for sale and the Monterey on the Lake community guide (Wellington).
MONTEREY ON THE LAKE (Wellington, FL): 3 recorded closings in the 12 months ending 2026-08-10, an 11-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 96.5% of original asking; the median sale took 31 days (window ending 2026-08-10).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $610,000 | $364 | 31 | 96.5% | 3 |
| 2024 | $498,000 | $326 | 23 | 95.8% | 9 |
| 2023 | $525,000 | $331 | 29 | 96.0% | 7 |
| 2021 | $360,000 | $226 | 5 | 98.6% | 7 |
| 2020 | $327,400 | $201 | 40 | 94.2% | 8 |
| 2019 | $328,000 | $202 | 6 | 94.3% | 5 |
| 2018 | $320,950 | $210 | 12 | 99.5% | 4 |
| 2017 | $302,000 | $196 | 31 | 94.4% | 4 |
| 2016 | $245,000 | $161 | 22 | 98.0% | 5 |
| 2015 | $246,000 | $161 | 93 | 98.4% | 5 |
| 2014 | $236,500 | $149 | 24 | 94.9% | 6 |
Over the recorded series, MONTEREY ON THE LAKE’s median sold price moved from $236,500 (2014) to $610,000 (12 months ending 2026-08-10) — +158% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2014 at $236,500. Annual sales volume here has ranged from 1 to 9 closings a year (10-yr average 5). With roughly 5 closings a year, MONTEREY ON THE LAKE’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
At MONTEREY ON THE LAKE’s $610,000 median and Palm Beach County’s adopted 18.72 mills (FY2025-26), a home assessed at that price carries roughly $11,420 a year in property tax before exemptions, or about $10,650 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Palm Beach County tax page.
The table above is the closed-sale record to price a MONTEREY ON THE LAKE home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping MONTEREY ON THE LAKE are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| VILLAGEWALK OF WELLINGTON 5 | $485,000 | $318 | 49 | 11 |
| GREENVIEW SHORES 2 OF WELLINGTON | $747,500 | $309 | 23 | 28 |
| VILLAGEWALK OF WELLINGTON | $459,500 | $285 | 116 | 4 |
| Olympia | $872,500 | $277 | 59 | 20 |
More MONTEREY ON THE LAKE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.