The rate of home sales in Eastgate is quite vigorous right now. Average home values in Eastgate are up nearly 6% in 2016, and this is despite a higher percentage of larger home sales.
Lafayette Oaks real estate report featuring home prices, home values, and home sizes, as well as all current listings in the Tallahassee MLS and all closed home sales going back to 1991.
The best homes for sale in Midtown priced below $300,000, with a definitive boundary line around the hottest segment of the Tallahassee housing market.
Park Charleston home values rose less than 1% in 2015, but have come up another 2% in 2016, so current values are now only 9% lower than the market high set back in 2006
Meadowbrook home prices remain below $140,000, but don’t expect this to be the case by year’s end, as I suspect they will top $160K
Eastgate home values fell 7% in 2015, dropping back to a level slightly higher than the three-year plateau observed at the market bottom from 2011 through 2013
Lafayette Oaks home values were $102 per square foot in 2015. This was down about 22% from the market high set back in 2006 and up 17% over the bottom of the market
Betton area home prices actually fell slightly in 2015 after seeing a large spike in 2014. Home sales closed the year with an overall average home sales price of$299,391
Park Charleston home values were flat in 2015, which means current values are 12% lower than the market high set back in 2006
Average home values in Meadowbrook have been $89 per square foot, a level that certainly cannot be matched by a home builder today
Eastgate home prices in 2015 are down just under 7% after last year’s big surge, with the current average closed home sale price recorded at $132,800.
Average home values in Lafayette Oaks have fallen 12% in 2015, mostly due to larger homes selling and two very low-valued sales that occurred several months ago
Betton home prices continue to rise, and at $314K, they are up 3% in 2015 after seeing a large spike in 2014
Park Charleston home prices and current listings and all closed home sales for this popular NE Tallahassee neighborhood.
In 2015, the average value of a home sold in Meadowbrook was been $90 per square foot, and that is a value that certainly cannot be matched by a home builder.
Eastgate home prices rebounded strongly in 2014, with the average closed home sale recorded at $142,400. The two sales so far in 2015 sold for roughly 3% more, but two home sales hardly suffice for a trend.
Average home values in Lafayette Oaks have fallen 10% in 2015 when compared to 2014, mostly due to two very low-valued sales that occurred in June.
Average home prices have been rising rapidly in the Betton neighborhoods for the past three years, and our report will show why. They rose 16% in 2014 and are up nearly 5% midway through 2015.
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