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Wellington · Other Luxury Home market report
Start with what changed, what it may mean for an owner, and what to watch next. Then explore current competition, recent sales, pricing, selling pace, and context against other Palm Beach County luxury-home markets.
Owner intelligence · Other Luxury Homes · July 2026 · latest complete calendar month
Owner takeaway · Limited monthly evidencePaddock Park had too few July 2026 closings to make a confident call on whether the market is strengthening or cooling.
What changed
Closed activity fell by 1 sale (50.0%) from the prior month. The typical sold price per living square foot fell by $185 (19.5%) from the prior month. Homes that sold took 156 days less time to find a buyer (100.0%) than in the prior month.
What this may mean for owners
The monthly direction is worth noticing, but a small number of closings can be moved by one unusual home. Use it to frame the conversation—not to price an individual property by itself.
What to watch next
Watch the next complete month for confirmation in price per living square foot, time to find a buyer and the number of supported closings. Also compare those closed-sale signals with the homes competing now.
Closed sales
1 1 verified closingMedian Sold $ / Living Sq Ft
$766 Based on 1 closed saleMedian Days on Market
0 days Based on 1 closed sale · listing to contract30-year fixed mortgage rate
6.66% July 30, 20261 eligible sale closed in July 2026, compared with 2 in June 2026 and 0 in July 2025. The month-to-month change was 1 fewer; the year-over-year change was 1 more.
The July 2026 median sold price per living square foot was $766 across 1 qualifying sale—19.5% lower than June 2026. The supporting median sold price was $6.75 million across 1 qualifying sale. Price per living square foot reduces—but does not eliminate—property-mix effects; condition, waterfront exposure, lot, renovation, and luxury segment can still move the median.
With only 1 July 2026 closing, medians can move sharply when the property mix changes. Owners should treat the monthly direction as a signal to investigate, not a stand-alone valuation.
Median Days on Market was 0 days across 1 supported closed sale in July 2026. The pace was 156 days faster (-100.0%) versus June 2026. Fewer days indicate a faster pace and more days a slower pace; neither direction is treated as universally good or bad.
Economic context
These official series help frame financing and local labor conditions. They are context—not evidence that any one factor caused a change in this market.
30-year fixed mortgage rate
6.66%July 30, 2026Freddie Mac Primary Mortgage Market Survey ↗Federal funds target range
3.50%–3.75%Effective July 30, 2026Federal Reserve Board · July 2026 FOMC statement ↗10-year Treasury yield
4.67%Week ending July 31, 2026Federal Reserve H.15 · U.S. Treasury constant maturity ↗Local unemployment rate
4.6%July 2026 · preliminaryU.S. Bureau of Labor Statistics · West Palm Beach–Boca Raton–Boynton Beach ↗Monthly medians are calculated from eligible closed MLS sales and always show their sample count. Median Days on Market measures elapsed days from the listing's on-market or listing-contract date to its purchase-contract date; fewer days indicate a faster pace and more days indicate a slower pace, without treating either direction as universally better or worse. Changes use the prior complete month and the same month one year earlier; an em dash marks a comparison without a valid baseline. Observation and interpretation are kept separate; no economic series is presented as a cause of local market movement.
About the community · Wellington equestrian residential market
A Wellington acreage market comprising the separately recorded Paddock Park 1 and Paddock Park 2 sections, preserved as distinct submarkets within this report.
Sections
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The owner view
The main line on each card explains what the measure can tell an owner. Open “How this compares” for rank, the typical peer result, and calculation context.
Homes sold
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Typical sold price
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Typical sold price / living sq ft
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Homes competing now
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Typical time to find a buyer
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Inventory at the recent sales pace
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10-Year Market Appreciation
2017–2026 YTD change in annual median sold $/living sq ft Loading…Loading owner context…
Annual market history
Annual values appear only where at least one transaction supports that year. The 2026 column is year to date.
Your closest competition
These local views show where buyers are seeing the most comparable choices. When subdivisions are not supported, the report uses verified street-level records instead.
A verified subdivision-level dataset is not currently published for Paddock Park. The community-level key stats and history above remain available; no subdivision figures have been inferred or fabricated.
A useful boundary
Current sales, price, price per living square foot, and market time use the verified trailing-12-month comparison period. Active inventory is a current listing snapshot. Months of supply is current inventory divided by the trailing sales pace.
10-Year Market Appreciation is the 2017–2026 YTD change in annual median sold $/living sq ft, calculated only when both boundary years have transactions. A market report helps establish context; renovation, lot, membership, view, floor plan, and private condition still require a property-specific review.
Your property is more specific than a market median