Search for a property
Miami Real Estate
Login
Sign in to your account to access all features
Create an account
Welcome Aboard!
The Paddock Park of Wellington market
Market report · Neighbourhood · Mar 2026
The Paddock Park of Wellington market, in numbers
Part of Wellington — see the Wellington report
Homes in Paddock Park of Wellington typically sell in about 157 days.
Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.
Median sale price
$2.32M
1 sales closed in Mar 2026
Low sampleTime to sell
157 days
typical days on market
Low sampleDays from listing to going under contract.
Sells 85 days slower than Wellingtondays on market
Your questions, answered
Straight answers from Paddock Park of Wellington’s closed transactions.
What does a home here cost?
The median sale closed at $2.32M in Mar 2026. Typical sales ranged $2.32M–$2.32M.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $15k/mo including taxes — comfortable at a household income around $616k a year, using the 30% rule.
Is now a good time to buy?
Too few recent sales for a confident read — see the longer-run trend below.
How fast do homes sell?
About 157 days from listing to contract in Mar 2026. The pace picks up toward March and slows around January.
How much room is there to negotiate?
Not enough closed sales this month to measure — the price-cut chart below is the best proxy.
When is the best time to list?
Closings peak in March and bottom out around January. Listing four to six weeks ahead of the peak historically gets the most eyes.
Is it a good rental investment?
Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.
Buying vs renting
To buy — median sale price
Sale price, $
$2.32M
Mar 2026 — median $2.32M · 1 sales · 157 days on market · low sample
$2.32M
$2.32M
Aug ’25
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
To rent — median monthly rent
Monthly rent, $
—
MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.
What sells here
Sales mix and median price by property type, last 12 months.
House
$2.32M
100% of sales · 1 closed
Low sampleMarket depth
Supply and demand
Listings per month
Jul 2026 — 0 closed · 0 new · 7 active
0
5
10
15
Aug ’24
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in March
0
0.1
0.2
0.30000000000000004
0.4
J
F
M
A
M
J
J
A
S
O
N
D
Average closings by calendar month, drawn from at least two years of history.
Price-cut pressure
% of active listings
Jul 2026 — 43% of active listings cut · median cut 6.4%
0%
25%
50%
75%
100%
Aug ’24
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
Too few closed transactions to chart HOA fees here.
Median monthly HOA fee per square foot among closed sales.
How neighbourhoods compare across Wellington
Median sale price, last 12 months. Tap a row to open its report.
Based on 1 closed transactions over the period shown · Updated Aug 9, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.