Four-Bedroom Homes For Sale In Northeast Tallahassee
If you are looking to buy a four-bedroom home in NE Tallahassee, today's report contains all available 4+ bedroom homes in the 32308, 32309, 32312, and 32317 zip codes.
We have also provided an analysis of the existing home sales market for these homes in order for you to better understand current housing market conditions.
Four-Bedroom Homes For Sale In NE Tallahassee
Home Sales Remain Strong
The following graph plots the number of homes sold each year (from January through April) for the zip codes that comprise the NE Tallahassee real estate market.
For the first four months of 2020, the number of homes sold in the 32312 and 32317 zip codes is higher than they have ever been. For the 32309 and 32308 zip codes, home sales are stronger than last year. It's safe to say that the year has started off well for NE Tallahassee home sellers.
Home Prices Are Moving Higher
The following graph plots the average home price for homes sold each year (from January through April) in the NE Tallahassee housing market.
Average home prices have moved higher for two of the zip codes, and lower for two others. Of the four zip codes in our report, only 32312 is showing more sales at higher prices.
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Home Values Are Moving Higher
The following graph plots the average home value for homes sold each year (from January through April) in the NE Tallahassee housing market.
Much as we saw with prices, values have followed. Again, just the 32312 zip code is showing more sales at appreciated values. If you live in the 32312 zip code and have considered selling your home, now is a very good market for doing so.
Home Sizes Provide Further Insight
The following graph plots the average home size for homes sold each year (from January through April) in the NE Tallahassee real estate market.
We track average home sizes just to ensure any correlation between prices and values is explained.
For example, we see a large decline in average home sizes for the 32308 zip code. Typically, we would expect to see average values (prior graph) rise, but we did not (when all else is equal, smaller homes sell for a higher price per square foot).
Since it's only four months versus the same four months of previous years, we don't need to jump to any conclusions. But it is a trend worth monitoring.
How To Use This Information
Whether you are selling a home in NE Tallahassee or buying one, this information can be used to give you an understanding of current market conditions and what you can expect to get or spend in a real estate transaction.
You can never have too much market information to make an evaluation. Make sure you work with an expert in the Northeast Tallahassee real estate market when you make your next move.
Your Local Expert In Tallahassee
When moving to, in, or from Tallahassee, you will fare better if you work with a local expert. We are here to help. If you have further questions on the Tallahassee real estate market, you can leave a comment below, give us a call at (850) 366-8917, or drop us a note and we'll give you the local information needed to ensure a successful, smooth transaction.
As a local born and raised in Tallahassee with a focus on customer service, I promise you'll find great success when working with Joe Manausa Real Estate, just as have our past customers. You can read thousands of their reviews reported on Google, Facebook and Zillow right here: Real Estate Agent Reviews Tallahassee.
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