The numbers for April are in, and the Tallahassee housing market is reporting 6 straight months of declining home sales in the Year over Year Home Sales Report. While most of the data we use for our real estate reports comes from the MLS in Tallahassee, we occasionally look to the bigger picture and use [...]
Homes in Tallahassee neighborhood Killearn Lakes have dropped in value by more than a third since the peak of the housing market. As one of the most popular neighborhoods in Tallahassee, Killearn Lakes offers a great representative view of homes in Tallahassee, and currently there are 42 homes for sale in Killearn Lakes Plantation. In [...]
Piney Z home sales were down significantly in 2011, and a new “low” was hit with only 28 homes sold in 2011, down 10% from 2010. This means we have seen 8 straight declining years, something that I have not seen often from the rest of the Tallahassee real estate market. Typically, when we see [...]
Most of the real estate reports that we compile here come from data pulled from the Tallahassee MLS, but occasionally we go “all out” and get all the information on home sales in Tallahassee from the Leon County Property Tax Appraiser. I believe it is important to do this from time to time to ensure [...]
It has been a while since we looked at the Downtown Tallahassee real estate market, so today I compiled a report of recent home sales in the 32301 zip code, which is in the heart of Tallahassee’s downtown area. The boom of the housing market which began in 2004 brought several condo developments to downtown [...]
Real estate depreciation can be estimated in many ways, and no way is exactly accurate. For example, most real estate reports look to current average home prices and compare them to average home prices in the past, but this is the very least effective way to measure real estate depreciation. The use of average home [...]
The Tallahassee neighborhoods that were created during the housing boom are faring the worst during the correction of the housing market, and Woodbriar provides a vivid example of what can happen when everybody buys at the same time in a community. The demographic group that comprises the Woodbriar neighborhood in Tallahassee historically owns their home [...]
