Monthly Home Sales Rise Again In Tallahassee
Leon County has grown roughly 20% since 2000, yet home sales are just returning the levels that were reported in 2000. See what this means
Leon County has grown roughly 20% since 2000, yet home sales are just returning the levels that were reported in 2000. See what this means
The average home price in the Villages At Maclay have been very stable for the past four years, ranging between $181K and $185K, and currently is at $184,300.
Hampton Creek home prices rose slightly last year and have moved about 2% higher again this year. Low interest rates make these homes incredibly affordable right now for those that can qualify for a loan.
Home sales activity this year continues strenthening and will possibly surpass last-year’s ten year high. Through late July of 2015, there have been 15 closed home sales in Lakeshore Estates.
Average home values in Lafayette Oaks have fallen 10% in 2015 when compared to 2014, mostly due to two very low-valued sales that occurred in June.
Average home values in Pine Tip Hills are down roughly 6% in 2015 versus 2014, which is completely contrary to the 3% increase in average home prices shown above. There are two things we can take from this information.
Through mid July, the average value of a home sold in Woodland Drives is 22% below those recorded at the peak of the market, and 29% above those recorded at the bottom. I would say the recovery of values is beyond the mid point.
Average home values in Weems Plantation in 2015 have crawled higher this year, and are now 10% higher than the low set back in 2012.

We sorted all the homes in the Tallahassee MLS that have sold thus far in 2015, and calculated the median home so that we understand where the middle of the market is, and how it has moved (trended) in the recent and distant past.
The average value of a home sold in Ox Bottom Manor is $128 per square foot. This is up 8% over the bottom reached in 2012, but still not high enough to generate the equity needed to help many of the homeowners who purchased since 2007 make a move.
The supply and demand for homes similar to the one you want to sell or buy determines how aggressively you will need to negotiate. As a seller, should you expect multiple offers? For buyers, are you competing against other buyers? Understanding the n
Fear and greed are great emotional motivators, make sure you put yourself in a position to use them to your advantage. Here is how when you sell a home.
Average home prices have been rising rapidly in the Betton neighborhoods for the past three years, and our report will show why. They rose 16% in 2014 and are up nearly 5% midway through 2015.
Home sales in Leon County have averaged just below 300 per month. Looking back to 2001 these average was more than 300 per month. I do not think we have too much longer before we are finally comparing current levels with those reported after 2000.
Average home prices in Indian Head Acres and Lehigh have fallen 7% thus far in 2015, mostly due to two very low priced distressed home sales. Prices are still 23% higher than they were at the botttom of the market in 2012, but still down 27% from the
Average home values in Cameron Chase are up less than 1% since 2011, the year values bottomed out. This means that values are similar to original values when purchased new in 2004 and down 22% since the peak in 2006.
Through late June, the average value of a home sold in Piney Z has been $115 per square foot. This is up 10% over the bottom reached in 2012, but still down about 21% from the market high set back in 2006
Through the third week in June, the average value of a home sold in Golden Eagle Plantation has been $140 per square foot. This is up 9% over the bottom reached in 2013, but still down about 22% from the market high set back in 2006.
Tell us where to send the Weekly Market Report. Each issue explains one shift in the Tallahassee market, like why nearly three in ten Leon County home buyers are paying cash.
Free. Unsubscribe anytime. Privacy policy