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Tallahassee has a lot of subdivisions for the number of homes in town. In 2009, there were home sales recorded in 806 of these Tallahassee neighborhoods (legally called Subdivisions). I decided to take a fairly quick look to see which neighborhoods were selling the most properties.
I went to the tax records for all of Leon [...]
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Home sales in 7 Oaks (Killearn Lakes Unit 3) continue their steady decline from the height of the boom market several years ago. Consisting of 3 and 4 bedroom, single-family detached homes, Seven Oaks has been a very popular family neighborhood in Killearn Lakes for the past 20 years.
This seems to be a fairly consistent [...]
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The newest home sales numbers are showing that Southwood is finally showing signs of stabilization, mostly in the number of homes sold though average home price drops seem to have slowed as well If you are a regular reader of the Tallahassee Real Estate Blog, then you know that we have reported on the Southwood [...]
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Information to give people who own a home in Summerbrooke an idea of what the competition looks like should they decide to sell a home. Of course, this is not an appraisal for a specific home, as no final adjustments will be considered (for example, this report will show average prices, but will not distinguish between the higher valued golf course frontage homes and those on the interior).
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One statistic that a good listing agent in Tallahassee should discuss with you when you are considering selling a home is the turnover rate in your neighborhood. Turnover rate is defined as the number of homes selling each year divided by the total number of homes.
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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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Where are homes selling in Tallahassee? This is a question many of our homeowners are asking us as they consider putting their homes on the market. With buyer activity in the market slowing down to a 20+ year record low, many people feel as if their Tallahassee subdivision is the only one where homes are [...]
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The following table shows the most active subdivisions in Tallahassee with information regarding inventory, 12 months sales, and inventory in terms of “months of supply.”
Subdivision
Homes for Sale
Average Asking Price
12 Month Sales
Avg. Sales Price
Current Supply (Months)
Leon County Total
3182
$282,664
4168
$224,874
9.2
SOUTHWOOD
135
$415,323
188
$325,531
8.6
Plaza Tower
101
$372,727
18
$164,367
67.3
Midyette Oaks Condominiums
72
$156,215
1
$350,000
864.0
Golden Eagle
67
$656,401
33
$592,411
24.4
Killearn Lakes
65
$278,608
109
$252,825
7.2
Killearn Estates
57
$348,619
119
$291,910
5.7
Bull Run
40
$365,813
54
$380,405
8.9
Killearn Acres
34
$258,756
68
$215,281
6.0
Woodbriar
32
$172,541
13
$168,926
29.5
UNIVERSITY GREEN
27
$171,752
5
$169,900
64.8
TALLAHASSEE CENTER
25
$431,332
103
$227,784
2.9
Hampton Creek
24
$211,359
57
$193,047
5.1
The Tennyson
24
$434,163
11
$444,853
26.2
Piney Z
23
$289,997
57
$257,444
4.8
Savannah Crossing
21
$158,633
13
$160,562
19.4
Wolf Creek
21
$162,443
17
$154,527
14.8
Township One [...]
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The Tallahassee Subdivision Report was lost during the site change in December 2009. For best subdivision news, click on the “Neighborhoods” tab in the header, or go to Tallahassee Neighborhoods.
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