One of our more popular search strings on our
Tallahassee Real Estate web site is "
Southwood Tallahassee" mostly due to the fact that is one of the largest neighborhoods in Tallahassee. We are often asked to see how Southwood is doing, so we have put this market snapshot together from the
Tallahassee Board of Realtors Multiple Listing Service (MLS).
As you can see from the graph, even the
Southwood Tallahassee neighborhood is seeing fewer sales of homes, with prices dropping as well. The blue columns show the number of homes selling each month, while the red field represents the price trend (measured in price per square foot) in the subdivision.
For our readers who really like statistics for
Southwood Tallahassee, we have put together a price-range analysis for homes in the Southwood Subdivision. The Green box shows the past 12 months of sales, by price range. The Red box shows homes currently for sale on the market, while the Blue box displays some key statistics for homes in Southwood.
We can see that on average, there are 11 months supply of homes for sale in
Southwood Tallahassee. Homes that are priced between $200,000 and $250,000 are seeing the best absorption rates. The current pricing (far right column in Blue box) shows that homes are on the market at lower prices per square foot than homes that have been sold over the past year. This is definitely signs of falling prices in Southwood.
The
Tallahassee Real Estate Web Site offers regular
commentary on the Tallahassee real estate market via its daily blog, but also has a
Tallahassee Real Estate Market Report page that readers can refer to for charts, graphs, and statistics in the Tallahassee real estate market. Additionally, if readers would like to receive these updates in the comfort of their own email inbox, they can
subscribe to the daily Tallahassee real estate web blog!