1 in every 3 homes sold in Tallahassee is under “distressed” conditions, the lowest ratio of distressed homes sold in Tallahassee since 2010
If a company has a superior real estate marketing plan, then your home will be in front of all ready buyers within 4 days of being listed
There are four major golf courses in town, and several others that are smaller or municipal. For the purpose of our real estate report, we will address Killearn Golf Course, Golden Eagle Golf Course, Summerbrooke Golf Course, and Southwood Golf Cours
Housing permits show that what and where we are building has been changing significantly for the past 10 years, and now there is a new normal
Observation Pointe home prices rose 5% last year, as many were new construction. The average home sales price was $234,200 in 2014
I spoke at the Tallahassee Builders Association to provide my perspective and outlook for the Tallahassee area real estate market in 2015
Park Charleston home prices have recovered 17% since market bottom in 2011, but remain 13% lower than the peak of $298,000 recorded in 2006
Killearn Estates home prices rose 2 percent in 2014 to $227,400, up 11% since the market bottom but 22% lower than the market peak of $291K
Killearn Lakes Plantation average home values are up 4% in 2015 versus 2014, and have risen 8% since reaching a market bottom in 2012
Royal Oaks home values declined 4% in 2014, and are currently just marginally higher than the 11-year low established in 2012; see why ->
Bobbin Brook, Bobbin Trace and Bobbin Mill Woods average home values dropped 15.5% in 2014 and have further declined another 1% in 2015
Shannon Forest 2014 home values were $93 per square foot, about 30% cheaper than the cost to build an equal sized home in the neighborhood
For those people looking for a home to purchase below $300,000, the relative supply of homes is at its lowest level since 2006
Waverly Hills home values fell by about 1/2% in 2014, but still remain 17% higher than the low of $91 per square foot established in 2011
Average home values in Foxcroft rose in 2014 after a small decline in 2013, and currently are substantially higher than the low set in 2010
Real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of February 5, 2015
Average home values in Camelot Park declined 5% in 2014, and currently remain 24% below the level set at the peak of the housing market
