Here Are The Few Remaining Distressed Homes For Sale In Northeast Tallahassee

Gone are the days where a glut of distressed homes for sale in Northeast Tallahassee littered our headlines, in fact only a relative few remain.

We have compiled a list of the short sales, foreclosures, and bank owned properties listed for sale in what Leon County has designated "Area 1," (NE Tallahassee).

Distressed Homes For Sale In Northeast Tallahassee

First of all, you have to wonder "what is left," when it comes down to the final few remaining short sales, foreclosures, and bank owned properties in Northeast Tallahassee.

Are these homes that have sat on the market for years (unwanted), or are they recent entrants to the market where the property owners have just had an unfortunate situation occur?

Currently, there are 61 distressed homes for sale in NE Tallahassee, but 31 of them are already under contract with a buyer.

Our following real estate graph shows a comparison between all 61 properties, and computes the difference between those that are still for sale versus the ones that are already under contract.

Remaining distressed homes for sale in NE Tallahassee (foreclosures, short sales, bank owned properties)

The bottom set of values show the difference between the average home for sale (blue bar) and the average home under contract (orange bar). Currently, distressed home sellers not under contract are asking 9% more than those who are already under contract.

The top set of values show the difference between the median home for sale (blue bar) and the median home under contract (orange bar). Currently, distressed home sellers not under contract are asking 12% more than those who are already under contract.

Bottom line ... it appears as if the ones not sold are merely overpriced by about 10%.

The follow map and list of distressed properties are actively listed "for sale" and are not under contract with a buyer. This list is updated every 15 minutes, so don't be surprised if you look at it now, and then again a few hours later, if some of the homes are gone (or perhaps a new one has been added). For this reason, this is a great page to "bookmark" if you want to know about the most current, actively listed distressed homes for sale in Tallahassee.

Map & List Of Distressed Homes For Sale In NE Tallahassee

Distressed Properties In Northeast Tallahassee

5 Properties

I hope this list of short sales, bank owned properties, and foreclosures in Northeast Tallahassee is what you were looking for. If you would like to know more about any type of home for sale in Tallahassee, just CONTACT ME HERE and we'll be in touch right away.

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