Indian Head Acres And Lehigh Listings And Home Sales Report January 2017
You might have seen Indian Head Acres in the news lately, as a powerful storm surged through Tallahassee and several trees were sheared in this popular downtown neighborhood.
Think about how great it is to have a neighborhood within the downtown area that has so many trees and still is within walking distance to shopping, nightlife, Starbucks and the new Cascades Park Amphitheater as well.
We love our trees in Tallahassee, even if the occasional storm brings a few down.
Indian Head Acres (and its neighbor Lehigh) have a wide array of home styles and ages, with the oldest homes approaching 80 years old and the youngest recently built. Basically, there is something for everybody, but you'll want an expert to guide you through valuations as they are heavily reliant on the improvements and upgrades which the homes have received.
Homes For Sale In Indian Head Acres and Lehigh
The following map and list of homes are the most recent listings in Indian Head Acres & Lehigh. We update this list of homes every 15 minutes, so you can be assured that this page will always bring you the most up-to-date listings and sales that can be found for Indian Head Acres & Lehigh (bookmark this page if this is a neighborhood that you want to track).
Indian Head Acres Idx
Indian Head Acres and Lehigh are zoned for the following Leon County schools:
The following report includes graphs of average home prices, home values, and home sizes in Indian Head Acres and Lehigh, as well as a list of all closed home sales in Indian Head Acres and Lehigh going back to 1991.
For each of the three real estate graphs found in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis.
It is important to note that the narrative contained below is for sales through December for all previous years, and through the third week of January in 2017. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of homes in Indian Head Acres and Lehigh).
Indian Head Acres and Lehigh Home Prices
Average home prices in Indian Head Acres and Lehigh remain dropped 8% in 2016, fueling a run that pushed the number of home sales to the highest recorded since 2005. If you take a look at what you get for $127,500 (last year's average), you'll be blown away. These are single family homes on tree-filled lots for townhouse prices! Don't expect to see this low average ever again.
Home sales activity for Indian Head Acres and Lehigh will continue to flourish so long as there are sellers that need to move. This is a popular area with high demand, and so long as seller's don't get crazy on their asking prices, the homes should sell right away.
Indian Head Acres and Lehigh Home Values
Average home values in Indian Head Acres actually fell last year.
The average value of a home sold in Indian Head Acres was $90 per square foot in 2016, and thus far in 2017 there have been no closed home sales. I believe current home values are very near land values, meaning the real property upon the land has been discounted to nearly zero because of the housing market collapse of ten years ago.
This is one of those times when tracking the long-cycle that buying at "market" will be seen as a very smart move in years to come. Tallahassee is growing and we're not seeing single family homes being built for less than DOUBLE these prices (further out of town on smaller lots). If you want to invest in a smart purchase, consider a home in Indian Head Acres or Lehigh while they remain valued so low.
Keep Up With New Trends In Tallahassee!
Get The Tallahassee Real Estate Newsletter
Don't be the one that doesn't know what's going on when you sell a home or buy a home in Tallahassee.
Other buyers, sellers, lenders, and real estate agents have this critical information, and now you can too!
Get immediate access to our most recent newsletter.
Let more than 30 years of experience work for you with charts, graphs, and analysis of the Tallahassee housing market.
Indian Head Acres and Lehigh Home Sizes
The average home size sold in Indian Head Acres typically falls in a range of 1,300 to over 1,500 square feet, and last year was consistent with this range.
The 42 home sales in 2016 averaged 1,415 square feet.
Indian Head Acres and Lehigh Home Sales
The following list contains more than 900 home sales in Indian Head Acres and Lehigh going back to 1991.
[table id=40/]
I hope you enjoyed our January 2017 update on home sales in Indian Head Acres and Lehigh, please feel free to drop me a note if you have questions not covered in this report.
Post a Comment