I know it’s November and the weather might start to get chilly, but now is an excellent time to be shopping for a pool home in NE Tallahassee.
Rather than waiting for the Spring and letting sub-3% mortgage interest rates get away, why not shop homes for sale with pools right now so that you’ll be all set when the hot weather arrives?
NE Tallahassee Homes For Sale With Swimming Pools
NE Tallahassee Homes With Pools
The Market For Homes With Pools
The NE Tallahassee housing market is hot and even hotter for homes with swimming pools. The following graph tracks the appreciation rate for existing homes with pools.
It’s crystal clear (pardon the pun), homes with swimming pools in Northeast Tallahassee are in high demand.
The average value of an existing home with a pool has appreciated 7% already in 2020, and this might be your last chance to get one before values explode. The next graph will show you why.
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Quarterly Analysis Of Values For NE Tallahassee Pool Homes
The following graph shows the average price per square foot of homes with pools sold in Northeast Tallahassee, tracked quarterly.
In more than 1/2 of the years shown above, we saw home values slip slightly in the fourth quarter. But this year, look at the explosive growth already begun in the fourth quarter.
While there are many ways one might interpret this, I believe it shows just how hard it is to find a good home with a pool in Northeast Tallahassee, and we’re going to see values significantly higher when the warmest weather comes around next year.
With inventory so low and pool homes in such high demand (more than 1/2 of the current listings with pools in NE Tallahassee are already under contract with buyers), buyers should expect to see double-digit appreciation on homes with pools in 2021. As they say, “you best get while the gettin’ is good.”
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