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Investors Flocking To The Forest Heights Neighborhood In Tallahassee

If you haven't seen the Forest Heights neighborhood in Tallahassee, I recommend you make a little field trip to see what a real estate investor's delight should like like.

I recently looked at the list of homes for sale in Forest Heights and found several that would my investor clients a very strong rate of return over the next ten years. But apparently, I'm not the only one who has noticed.

Homes For Sale In Forest Heights

11 Properties

Home sales are getting stronger in the Forest Heights neighborhood in Tallahassee, and this year already shows to have more home sales than any year prior going back to 2006. Real estate investors have found that the combination of value, location, and strong rental demand make this popular community in the 32303 zip code a very smart buy.

For example, there is a home listed for sale on Sharon Road that is priced the same as it would have been over 10 years ago, but rental rates are far higher. Investor yield in real estate is on the rise, and the Forest Heights Neighborhood in Tallahassee is centered on their radar.

Home Prices In The Forest Heights Neighborhood In Tallahassee

The average sales price of a home in the Forest Heights Neighborhood in Tallahassee continues to fall, which only increases the opportunity for high returns for investors. When we look at the real estate graph below, we see unit sales rising while prices are dropping, which usually occurs right before a change in direction on prices (read that to mean ... get 'em while their hot!).

Home Prices In The Forest Heights Neighborhood In Tallahassee

Home Values In The Forest Heights Neighborhood In Tallahassee

We can see the decline of home values in the Forest Heights Neighborhood in Tallahassee seems to have come to an end, as values have bottomed while unit sales are rising. This only confirms that now might be the best time to buy a home in Forest Heights.

Home Values In The Forest Heights Neighborhood In Tallahassee

Is Your Agent Too Broke To Be Your Broker?

Most Real Estate Agents Have No Marketing Budget

Realtor at work in TallahasseeThe average real estate agent in Tallahassee will only sell five homes this year, and more than half will sell two or fewer. This means they do not earn enough money to spend the significant amount it takes to attract MANY buyers to your home.

They certainly cannot spend the type of money needed each day to promote your home and generate the buzz you need to attract MULTIPLE buyers.

We are effective. And we spend more money each month marketing our listings than most agents earn in a year.

Let us show you how we can get your home sold for MORE MONEY than anybody else in the market!

Contact Joe to start your home selling preparation, you'll be glad you did!

Recent Home Sales In The Forest Heights Neighborhood In Tallahassee

Address Sales Price Price/SQF Closing Date Year Built SQF Type
1813 High Road $100,000 $76 10/27/2011 1956 1,312 Existing
1404 Sharon Road $114,900 $65 9/8/2011 1958 1,775 Existing
1830 Sunset Lane $105,000 $75 8/24/2011 1956 1,404 Existing
1514 Sharon Road $106,000 $65 7/22/2011 1954 1,627 Existing
1801 Sherwood Drive $179,900 $93 7/15/2011 1975 1,936 Existing
1922 Sharon Road $143,000 $85 6/16/2011 1962 1,686 Existing
1907 Sunset Lane $155,000 $124 6/15/2011 1974 1,252 Existing
1908 Skyland Drive $181,500 $86 5/15/2011 1968 2,100 Existing
1904 Fairlane Road $108,000 $74 4/12/2011 1958 1,458 Existing
1416 Sharon Road $100,000 $55 3/2/2011 1953 1,833 Existing
1418 Tharpe Street $60,000 $51 1/31/2011 1955 1,168 Existing
1808 Skyland Drive $135,900 $85 1/28/2011 1968 1,598 Existing
1400 Tharpe Street $101,300 $80 1/28/2011 1960 1,260 Existing
1909 Sherwood Drive $156,000 $76 1/13/2011 1963 2,062 Existing
1738 Sunset Lane $135,000 $86 12/2/2010 1958 1,567 Existing
1822 Sherwood Drive $140,000 $63 10/27/2010 1968 2,228 Existing
1901 Fairlane Road $110,000 $89 10/15/2010 1955 1,232 Existing
1810 Sherwood $159,000 $87 9/28/2010 1957 1,826 Existing
1505 Sunset Lane $150,000 $78 8/24/2010 1956 1,924 Existing
1905 Holly Street $58,500 $53 7/21/2010 1959 1,108 Existing
1513 Sharon Road $114,200 $67 6/14/2010 1957 1,695 Existing
2003 Holly Street $142,000 $101 5/28/2010 1958 1,411 Existing
1801 Sunset Lane $155,000 $81 2/19/2010 1956 1,916 Existing
1309 Sharon Road $149,900 $102 11/19/2009 1959 1,464 Existing
1906 Fairlane Road $141,000 $108 11/17/2009 1960 1,300 Existing
1322 Sharon Road $123,000 $84 11/13/2009 1959 1,464 Existing
1829 Sharon Rd $150,000 $96 10/30/2009 1955 1,556 Existing
1912 Sharon Road $150,000 $54 10/30/2009 1960 2,800 Existing
1906 High Road $115,000 $77 6/30/2009 1960 1,500 Existing
1905 Sherwood Drive $170,000 $110 6/19/2009 1960 1,548 Existing
1719 Sharon Road $165,000 $105 6/8/2009 1956 1,565 Existing
1326 Sharon Road $119,900 $109 4/30/2009 1950 1,100 Existing
1907 Sharon Rd $170,000 $108 3/12/2009 1958 1,575 Existing
1730 Sharon Road $97,000 $79 1/29/2009 1956 1,232 Existing
1709 Sunset Lane $115,000 $91 10/24/2008 1956 1,264 Existing
1907 Sunset Lane $185,600 $104 8/22/2008 1974 1,784 Existing
1512 Sunset Lane $150,000 $104 8/8/2008 1956 1,442 Existing
1914 Sherwood Drive $185,000 $110 7/31/2008 1965 1,680 Existing
1814 Sunset Ln $202,500 $94 7/14/2008 1956 2,150 Existing
2003 Rosedale Dr $170,000 $94 5/13/2008 1954 1,816 Existing
1806 Croydon Dr $105,000 $76 3/31/2008 1954 1,390 Existing
1803 Sherwood Drive $159,900 $127 2/8/2008 1975 1,260 Existing
1821 Sharon Rd $140,000 $76 2/1/2008 1957 1,842 Existing
1809 Sharon Road $167,000 $93 1/23/2008 1956 1,800 Existing
1502 Sharon Road $149,000 $109 10/19/2007 1983 1,372 Existing
1802 Sharon Road $178,000 $126 8/31/2007 1956 1,418 Existing
1838 Sunset Lane $167,500 $116 8/17/2007 1957 1,448 Existing
1913 Sherwood Dr $275,000 $88 8/16/2007 1960 3,136 Existing
1514 W Tharpe Street $187,500 $116 8/3/2007 1953 1,617 Existing
1923 Sharon Rd $225,000 $98 7/24/2007 1960 2,294 Existing
1918 Sherwood Dr $210,000 $119 6/27/2007 1966 1,764 Existing
1737 Sunset Lane $195,000 $104 5/22/2007 1956 1,883 Existing
1833 Sharon Rd. $168,000 $137 5/15/2007 1956 1,225 Existing
2006 Croydon Dr $199,000 $83 5/15/2007 1969 2,393 Existing
1903 Sherwood Dr $187,000 $130 4/27/2007 1968 1,435 Existing
1733 Sunset Lane $188,000 $94 12/22/2006 1957 2,000 Existing
1905 Rosedale Drive $232,000 $104 12/12/2006 1954 2,230 Existing
1713 Sharon Rd $135,000 $80 10/25/2006 1958 1,689 Existing
1911 Sunset Lane $198,000 $128 9/11/2006 1959 1,547 Existing
1903 Holly $138,500 $127 8/7/2006 1957 1,088 Existing
1705 Sunset Ln $210,000 $115 8/4/2006 1956 1,826 Existing
1416 Hilltop Dr $168,000 $93 7/21/2006 1958 1,811 Existing
1902 High Road $145,000 $106 7/12/2006 1956 1,369 Existing
1406 W Tharpe St $145,000 $163 6/23/2006 1954 890 Existing
1910 Sunset Lane $201,200 $124 6/22/2006 1959 1,628 Existing
1903 Skyland Drive $230,000 $107 6/6/2006 1966 2,140 Existing
1503 Hilltop Dr $194,000 $113 5/31/2006 1960 1,716 Existing
1506 Sharon Rd. $131,500 $108 5/23/2006 1956 1,216 Existing
1908 Croydon Dr. $212,000 $98 5/1/2006 1956 2,154 Existing
1738 Sunset Lane $170,000 $108 4/28/2006 1958 1,567 Existing
1904 Sherwood Drive $225,000 $110 2/28/2006 1962 2,050 Existing
1806 Skyland $225,000 $99 2/27/2006 1966 2,271 Existing
1826 Sharon Road $165,950 $92 2/22/2006 1957 1,806 Existing
1814 Sunset Ln. $160,000 $94 2/7/2006 1956 1,700 Existing

Please come back again to see more reports on the Forest Heights neighborhood in Tallahassee, as well as many others!

This concludes our update on home sales in Forest Heights, please give us a call at (850) 366-8917 or drop us a note if you have questions about this NW Tallahassee neighborhood.

People are talking, have you heard? Here's what thousands of people are saying about working with Joe Manausa Real Estate, you can see real customer reviews reported on Google, Facebook and Zillow right here: http://www.manausa.com/testimonials.

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Joe Manausa Real Estate
2066 Thomasville Rd
Tallahassee, FL 32308
(850) 366-8917