Park Place Of Wellington
Homes for Sale in Wellington, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Park Place Of Wellington is a townhome community in western Palm Beach County, and right now it sits in a buyer's market. The median closed at $405,000 in mid-July—down nearly 13 percent year-over-year—and homes are moving in just over a month. At $221 per square foot, you're paying for attached living in Wellington, but the price compression suggests sellers are adjusting expectations.
With five closings in the trailing window and a market-heat score of 29, this is not a feeding frenzy. Buyers have time to evaluate condition, compare comps, and negotiate. Sellers need to be sharp on price and presentation; sitting inventory will sit longer. If you want Wellington access without single-family carry costs, this is where the math works—but only if the price reflects the current market, not last year's.
Park Place Of Wellington right now
🔴 Off the recent peak. The trailing-12-month median ($405K) is down 12.9% from the prior 12 months ($465K). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Low (5 and 6 sales in the two windows).
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Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Park Place Of Wellington market snapshot (as of July 15, 2026): the median sale price is about $405K ($221 per sq ft over the trailing 12 months of closed sales), and a median 34 days on market for closed sales. The trailing-12-month median is down 13% from the prior 12 months, computed from record-level Beaches MLS closed sales (5 closings in the current window).
Park Place Of Wellington offers attached homes in Wellington, currently trading at a median of $405,000 with days-on-market just over a month and year-over-year prices down nearly 13 percent.
Who Park Place Of Wellington is best for.
Best for
- Buyers seeking Wellington access with a median-price budget near $405K and lower maintenance than single-family.
- Investors or second-home buyers comfortable with slower liquidity and a market still finding its floor.
- Downsizers or professionals who prioritize location and price over on-site amenities.
Probably not for
- Buyers who need a hot seller's market for quick resale or guaranteed near-term equity gain.
- Anyone expecting resort amenities, a clubhouse, or extensive community programming.
- Buyers who require deep comp data or high transaction volume to feel confident in valuation.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($405K) IS the median in the snapshot above, and the move from 2025 ($465K) IS the -12.9% one-year change.
Windows contain 0 to 12 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.
The Park Place Of Wellington buying strategy.
If we were buying in Park Place Of Wellington today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Park Place Of Wellington.
What the numbers mean
The 12.9 percent year-over-year decline tells you this market has corrected, and the median days-on-market of 34 confirms it: homes are not flying off the shelf, but they are moving when priced right. Five closings in the trailing period is a thin sample, so any single outlier—a model in exceptional condition or a neglected unit—can tug the median. Use the per-square-foot figure of $221 as your comp anchor, then adjust for upgrades, deferred maintenance, and whether the seller is motivated.
Wellington's equestrian culture and good location keep demand steady, but Park Place competes with other attached-home product in the area. The market-heat score of 29 is cold by any standard; this is a negotiation environment. Buyers should inspect thoroughly and move deliberately. Sellers should price at or slightly below recent comps and be prepared to respond to feedback quickly. The community itself shows no identified amenities in current listings, so your value proposition is location, the Wellington address, and the price point—not resort-style perks.
The location and the amenities are priced into every listing in Park Place Of Wellington. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Momentum Realty knows Palm Beach County's attached-home segments and how to read thin data sets without overselling. We will pull every comp in Park Place and the surrounding Wellington townhome market, show you what condition and location differences actually cost, and tell you when a list price is still chasing a market that has already moved. We do not push you into a deal that does not pencil, and we will not let you overpay because a seller has not accepted the new baseline. In a soft market, honest guidance and sharp negotiation are the only edge that matters.
Park Place Of Wellington in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Park Place Of Wellington buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Park Place Of Wellington sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Park Place Of Wellington, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Park Place Of Wellington home worth?
Get a no-obligation home value based on real comparable sales in Park Place Of Wellington, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Park Place Of Wellington on the map →
Recent Developments in Park Place Of
Development, infrastructure, retail, and school activity affecting Park Place Of, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Market
Palm Beach County Total Home Sales Jump for 10th Consecutive Month
Palm Beach County total home sales rose 22.3% year-over-year in June 2026 to 2,456 transactions, with total dollar volume up 53.90% to $2.7 billion. The single-family median sale price increased to $700,000 and the condominium median rose to $325,000.
What it may mean for the marketRising sales volume and median prices signal strengthening demand and higher valuations across the Palm Beach County housing market. The site is about 12 miles northeast of Park Place Of.
Source: MIAMI REALTORS - July 2026Development
The Berkeley Palm Beach Breaks Ground at 550 South Australian Avenue in West Palm Beach
The Berkeley Palm Beach broke ground on a 25-story tower with 193 condominium residences at 550 South Australian Avenue overlooking Clear Lake, developed by Al Adelson with Arquitectonica as designer. Sales have exceeded $120 million and completion is anticipated in 2029.
What it may mean for the marketA new 25-story condominium tower adds high-end for-sale housing supply to the downtown West Palm Beach market and continues vertical development along the Clear Lake waterfront. The project is about 12 miles northeast of Park Place Of, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
Developers Plan Two 31-Story Towers for 2085 N Flagler Dr, West Palm Beach
Terra and BH Group filed plans for 281 residential condominiums across two 31-story towers on a 1.55-acre site at 2085 N Flagler Drive in West Palm Beach. The nearly 440,000-square-foot project includes about 4,385 square feet of retail and 362 parking spaces.
What it may mean for the marketTwo proposed 31-story towers would add for-sale condominium supply and ground-floor retail along the North Flagler Drive waterfront in West Palm Beach. The project is about 13 miles northeast of Park Place Of, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
Alton Delray in Delray Beach Breaks Ground with $92 Million Construction Loan
Kolter Multifamily broke ground on Alton Delray, a 386-unit multifamily community across six-story buildings on a 12.31-acre former industrial site at 2101 S. Congress Avenue, backed by a $92 million construction loan from Madison Realty Capital. The plan includes 154 workforce housing units under Florida's Live Local Act and 232 market-rate units, with delivery expected in late 2027.
What it may mean for the marketA 386-unit rental community converts a former industrial parcel into new multifamily supply on the Congress Avenue corridor and adds workforce and market-rate housing to the Delray Beach market. The project is about 15 miles southeast of Park Place Of, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
300-Unit 'The Pierce' Slated for Summer Groundbreaking at 115 N. Federal Highway, Boynton Beach
Affiliated Development's The Pierce, a mixed-use project with 300 apartments and 17,015 square feet of retail at 115 N. Federal Highway in downtown Boynton Beach, is slated to start construction in summer 2026. The unit mix includes 150 market-rate apartments and 150 workforce housing units for households earning 80 to 120% of area median income, with 587 parking spaces.
What it may mean for the marketA 300-unit mixed-use project adds rental housing and retail to downtown Boynton Beach and advances redevelopment along the North Federal Highway corridor. The project is about 12 miles southeast of Park Place Of, elsewhere in Palm Beach County.
Source: Florida YIMBY - May 2026Development
25-Story Mixed-Use Tower to Feature Workforce Housing at 120 S Dixie Hwy, West Palm Beach
Developer Jeff Greene proposed a 25-story tower with 399 apartments at 120 S Dixie Highway in downtown West Palm Beach, with about 160 units set aside for households earning at or below 120% of area median income. The plan includes 7,550 square feet of retail and 236 parking spaces and was reviewed by the city's Plans and Plats Review Committee on May 14.
What it may mean for the marketA proposed 25-story mixed-use tower would add rental housing, including income-restricted units, plus retail space to the downtown West Palm Beach market on the South Dixie Highway corridor. The project is about 13 miles northeast of Park Place Of, elsewhere in Palm Beach County.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Park Place Of Wellington?
How long do homes in Park Place Of Wellington take to sell?
Who is the best real estate agent for Park Place Of Wellington?
How do I find a top Wellington real estate agent who knows Park Place Of Wellington?
Can Momentum Realty connect me with an agent for Park Place Of Wellington?
Should you buy in Park Place Of Wellington?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2008 (75 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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