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The number of homes labeled as “Distressed Property” continues to grow in the Tallahassee real estate market. A quick search of the Tallahassee MLS for homes that are short sales, foreclosures, bank owned or relocation shows that 22% of the active listings for condos, townhouses, and single family homes are in this category!
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I was recently looking into home values in Unit 2 of Killearn Lakes Plantation and figured that my results would make for an interesting blog post at the Tallahassee Real Estate Blog. Killearn Lakes is the most active subdivision in Northeast Tallahassee, so I knew that whatever I found would be an important representation of current activity in the Tallahassee housing market.
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If you have a home for sale in Tallahassee, then you might be curious about the differing performance levels of different areas in Tallahassee. Some areas of town are doing better than others, and knowing this information can help guide you on your asking price. If your area is getting more popular, you might consider [...]
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Tallahassee has quite a few golf courses and most of them have neighborhoods that are built around and through the golf courses. In the northeast quadrant of Tallahassee, you can find the Summerbrooke neighborhood which is also built around a locally developed golf course.
The Tallahassee Real Estate Blog often visits Summerbrooke in order to keep [...]
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The relative home supply in Tallahassee improved again during the month of September. For new readers to the Tallahassee Real Estate Blog, relative home supply is the supply of homes for sale in Tallahassee, measured in months of supply, relative to the current demand for homes. By paying close attention to the supply and demand [...]
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The Highgrove Subdivision in Tallahassee just recorded its first home sale since December of 2007! This hit me like a ton of bricks when I started conducting my analysis of what many (including myself) feel is an incredibly desirable neighborhood on the northeast side of Tallahassee. Located on the west side of Thomasville Road, just north of Killearn Estates, Highgrove features large homes in a great location.
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One of the most often discussed neighborhoods in our office and in conversations with buyers and sellers is Ox Bottom Manor in the Northeast quadrant of the Tallahassee real estate market. This popular Tallahassee neighborhood features homes which are typically 4 bedrooms and run on average between 2,000 and 3,000 square feet.
The northeast side of [...]
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Well, we’ve seen another month come and go in the Tallahassee real estate market. I have recorded all of the sales in the MLS for the past twelve months and compared them with the active listings in order to produce the monthly Tallahassee Housing Inventory Report.
One of the handiest reports available for Tallahassee homeowners, the [...]
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Once a month, I go into the Tallahassee Board of REALTORS® Multiple Listing Service (MLS) and download two key sets of information. I look at all the active home listings (Condominiums, Townhouses, and single family detached homes for sale) and then I compile a list of all the ones that have sold in the past [...]
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