Having started my Tallahassee real estate career with Killearn Lakes home sales, I find myself (nearly) speechless when observing the rapid rise of distressed properties in this wonderful Tallahassee neighborhood located in the 32312 zip code. This was the final jewel in the crown of Killearn Properties, a neighborhood that was designed to be everything [...]
Homes are selling again in Weems Plantation, a popular Northeast Tallahassee neighborhood that has seen some tough times of late due to the relatively young age of the community. As we have discussed in the past, neighborhoods that were created after 2000 sold like fire during the boom of the housing market, but they now [...]
If you ever wanted to see what a real estate market opportunity looks like, look no further than at a graph of average home values in Tallahassee. While it is all but certain that average home values in Tallahassee will continue to fall due to the imbalance between supply and demand, our latest graph shows [...]
Almost every home buyer we talk to wants to know something about real estate values by school zone. Even people who do not have children that are school aged seem to think it is important to understand “where the best schools are,” so I have compiled a quick overview of real estate values by school [...]
Yesterday, a long-time reader asked why I had never written about Woodgate, a popular NE Tallahassee neighborhood. I basically said that because I have limited time, I try to focus on the most-active neighborhoods in Tallahassee, but that I would take a quick look at home sales in Woodgate. Currently, there are 6 homes for [...]
There is a hidden gem of a neighborhood in downtown Tallahassee called Camelot Park, and it is demonstrating a split market trend that we should expect to see in many other places in our housing market. Jacqueline Kennedy Onassis once exclaimed “there’ll never be another Camelot again,” but it appears these words were premature. Camelot [...]
Both the real and relative supply of homes for sale in Tallahassee are experiencing the normal rise that occurs at the beginning of the spring each year. The 2,065 homes listed for sale in the Tallahassee MLS represent 11.3 months of supply, which represents a rise from the 1,988 (and 10.9 months of supply) that [...]
Home sales in Piney Z are showing a trend that I do not think has been identified anywhere else in the Tallahassee real estate market. Though I continue to study and review each of the major neighborhoods in Tallahassee, it is rare that I find one performing completely different than the others. But Piney Z [...]
A hugely popular Northeast Tallahassee neighborhood in the 32309 zip code is Killearn Acres. It can often be said, as goes Killearn Acres, so too goes the Tallahassee real estate market. This is especially true today. Currently, there are 23 homes for sale in Killearn Acres, and buyers will be pleasantly greeted by 2002 home [...]
