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.
It’s not surprising that Waverly Hills transactionally has fully recovered from the housing market collapse, as it holds three important elements that buyers have always found important.
Tallahassee’s population is 25% greater than it was in 1998, yet we are seeing the same number of home sales. Either it’s a new normal where people stay in their homes for a longer duration, OR there is plenty of upside left in this market.
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.
Ox Bottom Manor home values have jumped 13% this year, meaning sellers are getting more for their homes than they have since 2008.
Average home prices soared last year but have reversed trend this year. The average sales price of a Woodland Drives home in 2016 has been $179,975.
Pine Tip Hills home values are $148 per square foot, which is roughly 10% lower than average home values recorded back in 2006 and 23% higher than those at the market bottom in 2013
Summerbrooke home prices and values and all current listings in the Tallahassee MLS and Summerbrooke home sales going back to 1991
Weems Plantation home prices have been creeping slightly higher every year since they found a bottom in 2012. The average home sales price was $170,350 for Weems Plantation in 2016
Home prices in Killearn Acres rose more than 8% last year and have surged another 7% thus far in 2016, with current home values coming in around $108 per square foot.
Killearn Lakes Plantation home prices have shot up in 2016, with average prices higher than any other year going back to 2007.
Housing report with homes zoned for Montford Middle School, as well as graphs that show average home prices, home values, and home sizes as well.
Home sales in Indian Head Acres & Lehigh have been brisk thus far in 2016, and if the pace continues, it will be the best year on record for more than ten years.
With Gardens of Killearn home values appreciating again, it wouldn’t surprise me to see homeowners who have been waiting come out to test the market.
The average value of a home sold in Golden Pheasant in 2015 was $114 per square foot, but the one sale in 2016 reported a value of $121 per square foot.
Average home prices in Piney Z are up nearly 6% in 2016 when compared to last year, but even at $211,500, these three and four bedroom homes are very affordable for popular NE Tallahassee.
New home construction continues to flourish in the Bull Run neighborhood in NE Tallahassee. Located on the West side of of the super-hot Thomasville Road Corridor, Bull Run has continuously finished among the top 10 selling subdivisions in Tallahass
Killearn Estates home prices are up 8% in 2016 versus the average recorded in 2015. Currently, the average home price in Killearn Estates is $237,500 ($110 per square foot).
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