I spoke at the Tallahassee Builders Association to provide my perspective and outlook for the Tallahassee area real estate market in 2015
Park Charleston home prices have recovered 17% since market bottom in 2011, but remain 13% lower than the peak of $298,000 recorded in 2006
Killearn Estates home prices rose 2 percent in 2014 to $227,400, up 11% since the market bottom but 22% lower than the market peak of $291K
Killearn Lakes Plantation average home values are up 4% in 2015 versus 2014, and have risen 8% since reaching a market bottom in 2012
Royal Oaks home values declined 4% in 2014, and are currently just marginally higher than the 11-year low established in 2012; see why ->
Bobbin Brook, Bobbin Trace and Bobbin Mill Woods average home values dropped 15.5% in 2014 and have further declined another 1% in 2015
Shannon Forest 2014 home values were $93 per square foot, about 30% cheaper than the cost to build an equal sized home in the neighborhood
Waverly Hills home values fell by about 1/2% in 2014, but still remain 17% higher than the low of $91 per square foot established in 2011
Average home values in Foxcroft rose in 2014 after a small decline in 2013, and currently are substantially higher than the low set in 2010
Real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of February 5, 2015
Average home values in Camelot Park declined 5% in 2014, and currently remain 24% below the level set at the peak of the housing market
Positive housing news in Meadowbrook, as it was the second best year based upon the number of home sales going back at least twelve years
A quick but thorough analysis of the real estate trends in Eastgate, current listings and all closed home sales in Eastgate since 2002
The average home value sold in Arbor Hill was $93 psft. This is 40% cheaper than it would cost to build a similar home in the neighborhood
Real estate supply and demand in Tallahassee – understand the changes that are happening and how property values will likely change this year
Real estate sales in Central North Florida in the Tallahassee MLS rose by 8.4% in 2014 versus 2013, the fourth consecutive year of gains
Buyers use real estate seasonality and its impact on inventory changes in the Tallahassee real estate market to choose the best time to buy
Housing supply and demand dynamics in the Tallahassee real estate market as of January 5, 2015 (months of supply of homes)
Tell us where to send the Weekly Market Report. Each issue explains one shift in the Tallahassee market, like why nearly three in ten Leon County home buyers are paying cash.
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