Summerbrooke Home Sales Report August 2015
Current home prices are about 6% higher than they were last year. The average recorded home price for Summerbrooke in 2015 thus far has been $358,200.
Current home prices are about 6% higher than they were last year. The average recorded home price for Summerbrooke in 2015 thus far has been $358,200.
The average home price in the Villages At Maclay have been very stable for the past four years, ranging between $181K and $185K, and currently is at $184,300.
Home sales activity this year continues strenthening and will possibly surpass last-year’s ten year high. Through late July of 2015, there have been 15 closed home sales in Lakeshore Estates.
Average home values in Pine Tip Hills are down roughly 6% in 2015 versus 2014, which is completely contrary to the 3% increase in average home prices shown above. There are two things we can take from this information.
The average value of a home sold in Ox Bottom Manor is $128 per square foot. This is up 8% over the bottom reached in 2012, but still not high enough to generate the equity needed to help many of the homeowners who purchased since 2007 make a move.
Through the third week in June, the average value of a home sold in Golden Eagle Plantation has been $140 per square foot. This is up 9% over the bottom reached in 2013, but still down about 22% from the market high set back in 2006.
Average home prices fell negligibly in 2014, but have rebounded 7% thus far in 2015. This means that home prices in the Glen are now 14 percent higher than the low established in 2012
Through mid-June, the average value of a home sold in Bull Run has been $152 per square foot. This is up 7% over last year and 15% above the bottom reached in 2012, which is only 5% lower than the market high set back in 2007.
Don’t be surprised if we don’t see Suburban Hills home values rise rapidly as arms-length sellers re-enter the market and buyers discover this incredible location just a bit west of the NE Tallahassee quadrant.
Average home values in Killearn Lakes Plantation fell in 2014 but have returned to 2013 levels. With home values hardly moving since 2009, many home sellers are still dealing with negative equity. Currently, home values today are 22% below the level
Today, we will take a look at the most active zip codes in the Tallahassee housing market by reviewing average home prices, average home values, and the percentage of distressed home sales occurring in each zip code
The average home price through for Bobbin Brook, Bobbin Trace, and Bobbin Mills Woods through mid-May has been $646,800 and already 8 homes have sold
If you have an interest in Waverly Hills, use this page to see home price trends, home value trends, current listings in the Tallahassee MLS and all closed home sales going back to 1991
Summerbrooke home prices appear to be strengthing in 2015 after having declined 3% in 2014. The average recorded home price for Summerbrooke in 2015 thus far has been $347,000
Average home values in the Villages At Maclay rose 4% last year, but have since plummeted to a 12 year low.
This report provides clear insight into what is occurring for homes priced between $400,000 and $500,000 in the Tallahassee real estate market
Lakeshore Estates home prices rose 8% in 2014 versus 2013, and are 26% below the peak prices established in 2007
Pine Tip Hills did not experience a significant peak and valley from the real estate market expansion of 2002 through 2006
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