Posts tagged as:

Price Per Square Foot

Summerbrooke home sales are “fighting the fight” that we are seeing in most Tallahassee neighborhoods. Home prices are still dropping in Summerbrooke, but monthly sales are on the rise, which is a major step in moving the market towards a balance between supply and demand.

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Recently, a reader found the Tallahassee Real Estate Blog when he was seeking the answer to the question “How to buy a house based on Tax Value.” While this question could have been seeking a different direction, I believe this reader was trying to determine how to figure out the value of a home based [...]

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Southwood is one of the most active neighborhoods in Tallahassee, thus we are often asked to provide updates on Southwood home sales and values. For those readers who have followed the Tallahassee Real Estate Blog for any period of time, this report will not be surprising.
Home values continue to fall in Southwood, though unit sales [...]

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A few weeks ago I wrote a blog about FSU Grads wanting to return to Tallahassee. It discussed the obstacles (jobs) to returning, as well as concerns about current and future home values. The blog was a response to a long-time reader who now resides in Ohio and would like to return one day.
After he [...]

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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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As I was doing research into Tallahassee housing appreciation, I found that a simple methodology utilized historic information on home sales and specifically the selling prices compared to the square footage of the home. If the market price per foot was rising, most likely we were experiencing real appreciation, whereas if the market price per square foot was falling, Tallahassee homes were depreciating.

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Average home prices in Ox Bottom Manor have dropped 21% from the highs set in August of 2006, whereas Summerbrooke prices have only dropped 11% from the highs set in May 2007.

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A lot of people are wondering how home sales in Piney-Z are doing right now. This great Tallahassee neighborhood has a lot to offer, but it looks like buyers are not very excited about Piney-Z existing homes at their current asking prices.

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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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The entire economy continues to restrict and families are looking at every way to save money or reduce their daily expenses. One area that many Tallahassee homeowners are reviewing are their Leon County Property Tax Assessments. Some of the valuations in the tax records do not accurately reflect what is occurring in the Tallahassee real [...]

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