The Tennyson Condominium In Tallahassee June 2019 Sales Report

Posted by Joe Manausa on Thursday, June 27, 2019 at 5:58 AM By Joe Manausa / June 27, 2019 Comment

The Tennyson is a ninety-unit vertical condominium development in downtown Tallahassee that offers large private balconies with panoramic views of the Capitol Building, the FSU stadium, Cascades Park, and more.

The Tennyson is located in downtown Tallahassee on North Monroe Street, thus residents are merely a short walk to dining, nightlife, entertainment, and the State Capitol complex.

This ninety-unit vertical condominium development features large private balconies with panoramic views of the FSU stadium, the State Capitol Building, Cascades Park, and more.

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1 Property

$340,000

121 N Monroe Street

Tallahassee, FL 32309

Tennyson

Beds

Baths

1,765

Sq.Ft.

The Tennyson Schools

The Leon County Public Schools servicing The Tennyson include:

In this article, we have created 3 graphs which identify average condo prices, average condo values, and average condo sizes in The Tennyson, as well as included a table of all closed condo sales going back to 1991.

For all of the graphs in this report, you will find the number of closed condo sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis).

It is important to note that the narrative contained below is for sales through December for all previous years, but through 25 days in June of 2019. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of condos in the The Tennyson).

The Tennyson Average Condo Prices

Just four condo units in the Tennyson have sold this year, one a large penthouse which has skewed the average price to $343K, a number that will be falling as more "normal" units sell in the future.

The downtown condo market remains a buyers' market as there are far more sellers than buyers.

Condo sales activity in The Tennyson remains sluggish. Currently, there are eleven condo units listed for sale in The Tennyson, and only one of them is under contract with a buyer (listed by our firm). The saturation of condominium units in downtown Tallahassee that are for sale continues to weigh down prices.

The Tennyson Average Condo Values

Average condo values in the Tennyson have moved nearly 6% higher thus far in 2019. Proceed with caution though: With only four units sold and one of them being a penthouse that went for $259 per square foot, "average" can be misleading.

The average value of the four condos sold in The Tennyson is $226 per square foot. The average value sans the penthouse sale is $215 per square foot.

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The Tennyson Average Condo Sizes

The average condo unit size in The Tennyson typically falls in a range of 900 to a little more than 1,500 square feet, and 2019 is no different, though a large penthouse sale in February has the average much higher than last year.

The four condo units sold in The Tennyson in 2019 have averaged 1,468 square feet.

The Tennyson Condo Sales

The following list shows more than 170 condo sales in The Tennyson going back to 2006, the first year sales commenced here.

Address	Price	Price/SQF	Closing Date	Year Built	SQF	Sale Type
121 N Monroe St Unit 9002	$247,500	$276	2023-08-08	2006	896	Resale
121 N Monroe Apt 1201	$440,000	$249	2023-07-18	2006	1,765	Resale
121 N Monroe St. #8010	$330,000	$254	2023-07-14	2006	1,300	Resale
121 N Monroe St 8010	$330,000	$254	2023-07-14	2006	1,300	Resale
121 N Monroe St. #1102	$485,000	$270	2023-07-05	2006	1,797	Resale
121 N Monroe St 1102	$485,000	$270	2023-07-05	2006	1,797	Resale
121 N Monroe St 6008	$315,000	$244	2023-01-31	2006	1,289	Resale
121 N Monroe St 9001	$320,000	$181	2022-12-05	2006	1,765	Resale
121 N Monroe Street #6010	$310,000	$241	2022-10-28	2006	1,289	Resale
121 N Monroe Street #6007	$345,000	$268	2022-10-24	2006	1,289	Resale
121 N Monroe Street	$424,000	$240	2022-09-30	2006	1,765	Resale
121 N Monroe St 1101	$424,000	$240	2022-09-30	2006	1,765	Resale
121 N Monroe St 7010	$347,000	$267	2022-08-22	2006	1,300	Resale
121 N Monroe St 1106	$300,000	$233	2022-06-22	2006	1,289	Resale
121 N Monroe St 6002	$205,000	$229	2022-06-06	2006	896	Resale
121 N Monroe St 9004	$205,000	$229	2022-05-24	2006	896	Resale
121 N Monroe St. #6005	$345,200	$268	2022-05-24	2006	1,289	Resale
121 N Monroe Street #1102	$445,000	$248	2022-05-12	2006	1,797	Resale
121 N Monroe St 8007	$300,000	$233	2022-03-30	2006	1,289	Resale
121 N Monroe St 6009	$354,000	$272	2022-03-25	2006	1,300	Resale
121 N Monroe St 1205	$298,000	$231	2022-03-18	2006	1,289	Resale
121 N Monroe St 5006	$318,000	$247	2022-03-07	2006	1,289	Resale
121 N Monroe St 1408	$350,000	$272	2022-02-14	2006	1,289	Resale
121 N Monroe St 1403	$205,000	$203	2022-01-14	2006	1,009	Resale
121 N Monroe St 1001	$400,000	$227	2022-01-11	2006	1,765	Resale
121 N Monroe Street	$280,000	$217	2021-12-30	2006	1,289	Resale
121 N Monroe Street	$277,500	$215	2021-11-17	2006	1,289	Resale
121 N Monroe St 6008	$269,450	$209	2021-10-28	2006	1,289	Resale
121 N Monroe St Ph 3	$725,000	$319	2021-10-21	2006	2,275	Resale
121 N Monroe St 7005	$268,000	$208	2021-09-27	2006	1,289	Resale
121 N Monroe St 7008	$286,000	$221	2021-09-24	2006	1,289	Resale
121 N Monroe St 9006	$315,000	$244	2021-09-24	2006	1,289	Resale
121 N Monroe St Ph 2	$685,000	$299	2021-09-10	2006	2,291	Resale
121 N Monroe Street	$292,000	$227	2021-08-11	2006	1,289	Resale
121 N Monroe St 5004	$170,000	$190	2021-08-06	2006	896	Resale
121 N Monroe St 7007	$275,000	$213	2021-08-02	2006	1,289	Resale
121 N Monroe St 7002	$170,000	$190	2021-07-23	2006	896	Resale
121 N Monroe St 9010	$292,500	$225	2021-07-07	2006	1,300	Resale
121 N Monroe St 8001	$390,000	$221	2021-06-22	2006	1,765	Resale
121 N Monroe St 1009	$329,000	$253	2021-06-18	2006	1,300	Resale
121 N Monroe St 1403	$215,000	$213	2021-05-10	2006	1,009	Resale
121 N Monroe St 8009	$290,200	$223	2021-05-10	2006	1,300	Resale
121 N Monroe St 1002	$166,000	$185	2021-04-19	2006	896	Resale
121 N Monroe Street	$165,000	$184	2021-02-16	2006	896	Resale
121 N Monroe Street	$263,000	$202	2021-01-29	2006	1,300	Resale
121 N Monroe - Unit 6005 Street	$245,000	$190	2020-12-23	2006	1,289	Resale
121 North Monroe Street	$280,000	$217	2020-12-10	2006	1,289	Resale
121 N Monroe Street	$287,000	$223	2020-11-06	2006	1,289	Resale
121 N Monroe Street	$185,000	$206	2020-08-31	2006	896	Resale
121 N Monroe Street	$325,000	$250	2020-07-09	2006	1,300	Resale
121 N Monroe Street	$268,000	$208	2020-03-30	2006	1,289	Resale
121 N Monroe #1102	$453,500	$252	2020-01-10	2006	1,797	Resale
121 N Monroe St 9001	$325,000	$184	2019-12-10	2006	1,765	Resale
121 N Monroe St. #1405	$285,500	$221	2019-12-06	2006	1,289	Resale
121 N Monroe St 1101	$420,000	$237	2019-09-18	2006	1,765	Resale
121 N Monroe Street #8010	$278,000	$214	2019-09-10	2006	1,300	Resale
121 N Monroe St 1210	$260,000	$200	2019-08-05	2006	1,300	Resale
121 N Monroe St 1005	$295,000	$229	2019-07-16	2006	1,289	Resale
121 N Monroe Street	$303,000	$233	2019-05-31	2006	1,300	Resale
121 N Monroe Street #1103	$197,500	$196	2019-05-23	2006	1,009	Resale
121 N Monroe St Ph 3	$590,000	$259	2019-02-28	2006	2,275	Resale
121 N Monroe St. #5006	$280,000	$217	2019-02-07	2006	1,289	Resale
121 N Monroe St #6003	$212,000	$210	2018-09-13	2006	1,009	Resale
121 N. Monroe St. #7004	$170,000	$190	2018-09-13	2006	896	Resale
121 N Monroe St. #1403	$240,000	$238	2018-07-25	2006	1,009	Resale
121 N Monroe Unit 6002	$200,000	$223	2018-05-09	2006	896	Resale
121 N Monroe St	$273,000	$211	2018-03-20	2006	1,289	Resale
121 N Monroe St #1008	$273,450	$212	2018-02-27	2006	1,289	Resale
121 N Monroe St	$156,000	$174	2017-10-12	2006	896	Resale
121 N Monroe Street #9006	$260,000	$202	2017-08-04	2006	1,289	Resale
121 N Monroe St Unit 1209	$305,000	$235	2017-05-15	2006	1,300	Resale
121 N Monroe Street	$325,000	$250	2017-05-03	2006	1,300	Resale
121 N Monroe #5010	$230,000	$177	2017-03-10	2006	1,300	Resale
121 N Monroe Street Unit 6005	$235,000	$182	2016-12-09	2006	1,289	Resale
121 Monroe St. #1009	$280,000	$215	2016-11-18	2006	1,300	Resale
121 N Monroe St. Unit 6003	$200,000	$198	2016-10-18	2006	1,009	Resale
121 - 5008 N Monroe St	$265,000	$206	2016-08-30	2006	1,289	Resale
121 N Monroe St	$265,000	$206	2016-08-29	2006	1,289	Resale
121 N Monroe Street	$840,000	$376	2016-07-08	2006	2,237	Resale
121 N Monroe Street	$180,000	$201	2016-03-23	2006	896	Resale
121 N Monroe Street	$315,000	$244	2016-02-28	2006	1,289	Resale
121 N Monroe St Unit #1210	$300,000	$231	2015-10-30	2006	1,300	Resale
121 N Monroe Street, Unit #8005	$265,000	$206	2015-08-04	2006	1,289	Resale
121 N Monroe Unit 1107	$281,000	$218	2015-06-24	2006	1,289	Resale
121 N. Monroe St. Unit #7008	$251,000	$195	2015-06-22	2006	1,289	Resale
121 N Monroe St	$227,500	$176	2015-06-15	2006	1,289	Resale
121 N Monroe St	$846,000	$308	2015-05-04	2006	2,750	Resale
121 N Monroe St. Unit #1003	$165,000	$164	2015-04-21	2006	1,009	Resale
121 N Monroe Street #6007	$256,000	$199	2015-04-15	2006	1,289	Resale
121 N Monroe St Unit 1103	$200,000	$198	2015-04-03	2006	1,009	Resale
121 N Monroe St #1008	$250,500	$194	2015-04-03	2006	1,289	Resale
121 North Monroe Street	$265,000	$206	2015-02-13	2006	1,289	Resale
121 N Monroe St	$265,000	$206	2015-02-13	2006	1,289	Resale
121 N Monroe St	$245,000	$188	2015-01-22	2006	1,300	Resale
121 N Monroe St	$235,000	$181	2015-01-09	2006	1,300	Resale
121 N Monroe St	$415,000	$235	2014-12-02	2006	1,765	Resale
121 N Monroe St	$140,000	$156	2014-07-17	2006	896	Resale
121 N Monroe St	$285,000	$221	2014-01-31	2006	1,289	Resale
121 N Monroe St	$265,000	$206	2014-01-17	2006	1,289	Resale
121 N Monroe St	$200,000	$155	2014-01-15	2006	1,289	Resale
121 N Monroe St	$245,000	$190	2013-12-13	2006	1,289	Resale
121 N Monroe St	$270,000	$209	2013-12-13	2006	1,289	Resale
121 N Monroe St	$299,900	$170	2013-09-05	2006	1,765	Resale
121 N Monroe St	$227,500	$176	2013-08-22	2006	1,289	Resale
121 N Monroe St	$325,000	$250	2013-07-29	2006	1,300	Resale
121 N Monroe St	$169,900	$168	2013-03-22	2006	1,009	Resale
121 N Monroe St	$360,000	$200	2013-02-14	2006	1,797	Resale
121 N Monroe St	$156,000	$155	2012-11-19	2006	1,009	Resale
121 N Monroe St	$204,000	$158	2012-11-14	2006	1,289	Resale
121 N Monroe St	$201,900	$157	2012-10-02	2006	1,289	Resale
121 N Monroe St	$210,000	$163	2012-09-25	2006	1,289	Resale
121 N Monroe St	$275,000	$213	2012-08-14	2006	1,289	Resale
121 N Monroe St	$159,000	$177	2012-06-25	2006	896	Resale
121 N Monroe St	$140,000	$139	2012-03-23	2006	1,009	Resale
121 N Monroe St	$329,900	$187	2012-03-22	2006	1,765	Resale
121 N Monroe St	$160,000	$179	2011-12-30	2006	896	Resale
121 N Monroe St	$250,000	$194	2011-10-25	2006	1,289	Resale
121 N Monroe St	$267,500	$208	2011-09-30	2006	1,289	Resale
121 N Monroe St	$180,000	$140	2011-07-13	2006	1,289	Resale
121 N Monroe St	$198,800	$154	2011-05-23	2006	1,289	Resale
121 N Monroe St	$438,000	$196	2011-05-03	2006	2,237	New
121 N Monroe St	$520,000	$239	2011-05-03	2006	2,179	Resale
121 N Monroe St	$687,500	$250	2011-03-31	2006	2,750	Resale
121 N Monroe St	$145,000	$162	2011-03-22	2006	896	Resale
121 N Monroe St	$365,000	$207	2010-12-22	2006	1,765	Resale
121 N Monroe St	$225,000	$175	2010-10-29	2006	1,289	Resale
121 N Monroe St	$252,500	$196	2010-09-17	2006	1,289	Resale
121 N Monroe St	$500,000	$229	2010-07-07	2006	2,179	Resale
121 N Monroe St	$127,500	$142	2010-06-04	2006	896	Resale
121 N Monroe St	$250,000	$192	2010-05-14	2006	1,300	Resale
121 N Monroe St	$250,000	$194	2010-01-21	2006	1,289	New
121 N Monroe St	$275,000	$213	2009-12-22	2006	1,289	Resale
121 N Monroe St	$253,000	$196	2009-10-29	2006	1,289	Resale
121 N Monroe St	$116,000	$89	2009-07-23	2006	1,300	Resale
121 N Monroe St	$250,000	$194	2008-12-12	2006	1,289	Resale
121 N Monroe St	$301,000	$232	2008-12-09	2006	1,300	New
121 N Monroe St	$319,900	$357	2007-11-20	2006	896	Resale
121 N Monroe St	$357,600	$399	2007-07-31	2006	896	Resale
121 N Monroe St	$490,000	$547	2007-04-24	2006	896	New
121 N Monroe St	$459,900	$513	2007-02-07	2006	896	New
121 N Monroe St	$514,500	$574	2007-01-03	2006	896	New
121 N Monroe St	$315,000	$352	2006-12-20	2006	896	Resale
121 N Monroe St	$340,000	$379	2006-12-15	2006	896	Resale
121 N Monroe St	$346,000	$386	2006-12-07	2006	896	Resale
121 N Monroe St	$384,900	$430	2006-11-17	2006	896	Resale
121 N Monroe St	$719,900	$803	2006-10-27	2006	896	New
121 N Monroe St	$1,000,000	$1,116	2006-10-06	2006	896	New
121 N Monroe St	$350,000	$391	2006-09-29	2006	896	New
121 N Monroe St	$914,900	$1,021	2006-08-31	2006	896	New
121 N Monroe St	$649,900	$725	2006-08-29	2006	896	New
121 N Monroe St	$365,000	$407	2006-08-18	2006	896	New
121 N Monroe St	$327,900	$366	2006-07-31	2006	896	New
121 N Monroe St	$350,000	$391	2006-07-28	2006	896	New
121 N Monroe St	$231,900	$259	2006-07-27	2006	896	New
121 N Monroe St	$366,700	$409	2006-07-24	2006	896	New
121 N Monroe St	$307,100	$343	2006-07-12	2006	896	New
121 N Monroe St	$361,800	$404	2006-07-10	2006	896	New
121 N Monroe St	$435,900	$486	2006-07-10	2006	896	New
121 N Monroe St	$297,900	$332	2006-06-30	2006	896	New
121 N Monroe St	$229,500	$256	2006-06-28	2006	896	New
121 N Monroe St	$350,900	$392	2006-06-28	2006	896	New
121 N Monroe St	$221,900	$248	2006-06-26	2006	896	New
121 N Monroe St	$279,900	$312	2006-06-26	2006	896	New
121 N Monroe St	$342,900	$383	2006-06-26	2006	896	New
121 N Monroe St	$492,200	$549	2006-06-26	2006	896	New
121 N Monroe St	$328,800	$367	2006-06-20	2006	896	New
121 N Monroe St	$328,800	$367	2006-06-20	2006	896	New
121 N Monroe St	$269,900	$301	2006-06-16	2006	896	New
121 N Monroe St	$329,900	$368	2006-06-16	2006	896	New
121 N Monroe St	$424,900	$474	2006-06-15	2006	896	New
121 N Monroe St	$472,900	$528	2006-06-15	2006	896	New
121 N Monroe St	$269,900	$301	2006-06-14	2006	896	New
121 N Monroe St	$254,900	$284	2006-06-13	2006	896	New
121 N Monroe St	$399,900	$446	2006-06-13	2006	896	New
121 N Monroe St	$550,000	$614	2006-06-10	2006	896	New
121 N Monroe St	$209,900	$234	2006-06-09	2006	896	New
121 N Monroe St	$325,000	$363	2006-06-09	2006	896	New
121 N Monroe St	$337,200	$376	2006-06-09	2006	896	New
121 N Monroe St	$380,900	$425	2006-06-09	2006	896	New
121 N Monroe St	$237,800	$265	2006-06-08	2006	896	New
121 N Monroe St	$350,900	$392	2006-06-07	2006	896	New
121 N Monroe St	$320,900	$358	2006-06-06	2006	896	New
121 N Monroe St	$284,900	$318	2006-06-02	2006	896	New
121 N Monroe St	$292,900	$327	2006-06-02	2006	896	New
121 N Monroe St	$335,900	$375	2006-06-02	2006	896	New
121 N Monroe St	$279,900	$312	2006-06-01	2006	896	New
121 N Monroe St	$302,100	$337	2006-06-01	2006	896	New
121 N Monroe St	$347,600	$388	2006-06-01	2006	896	New
121 N Monroe St	$224,100	$250	2006-05-31	2006	896	New
121 N Monroe St	$279,900	$312	2006-05-31	2006	896	New
121 N Monroe St	$600,000	$670	2006-05-31	2006	896	New
121 N Monroe St	$289,900	$223	2006-05-30	2006	1,300	New
121 N Monroe St	$214,900	$240	2006-05-30	2006	896	New
121 N Monroe St	$244,900	$273	2006-05-30	2006	896	New
121 N Monroe St	$287,900	$321	2006-05-30	2006	896	New
121 N Monroe St	$292,100	$326	2006-05-26	2006	896	New
121 N Monroe St	$359,900	$402	2006-05-26	2006	896	New
121 N Monroe St	$465,900	$520	2006-05-26	2006	896	New
121 N Monroe St	$348,000	$388	2006-05-25	2006	896	New
121 N Monroe St	$348,100	$389	2006-05-25	2006	896	New
121 N Monroe St	$229,900	$257	2006-05-24	2006	896	New
121 N Monroe St	$292,300	$326	2006-05-24	2006	896	New
121 N Monroe St	$307,200	$343	2006-05-24	2006	896	New
121 N Monroe St	$315,900	$353	2006-05-24	2006	896	New
121 N Monroe St	$390,900	$436	2006-05-24	2006	896	New
121 N Monroe St	$271,900	$303	2006-05-23	2006	896	New
121 N Monroe St	$359,900	$402	2006-05-22	2006	896	New
121 N Monroe St	$295,000	$329	2006-05-19	2006	896	New
121 N Monroe St	$231,200	$258	2006-05-18	2006	896	New
121 N Monroe St	$322,200	$360	2006-05-18	2006	896	New
121 N Monroe St	$437,200	$488	2006-05-18	2006	896	New
121 N Monroe St	$358,400	$400	2006-05-16	2006	896	New
121 N Monroe St	$360,900	$403	2006-05-16	2006	896	New
121 N Monroe St	$400,000	$446	2006-05-16	2006	896	New
121 N Monroe St	$368,000	$411	2006-05-12	2006	896	New
121 N Monroe St	$377,600	$421	2006-05-11	2006	896	New
121 N Monroe St	$332,000	$371	2006-05-10	2006	896	New
121 N Monroe St	$340,900	$380	2006-05-10	2006	896	New
121 N Monroe St	$459,000	$512	2006-05-09	2006	896	New
121 N Monroe St	$290,900	$325	2006-05-08	2006	896	New
121 N Monroe St	$322,900	$360	2006-05-08	2006	896	New
121 N Monroe St	$239,900	$268	2006-05-05	2006	896	New
121 N Monroe St	$360,500	$402	2006-05-05	2006	896	New
121 N Monroe St	$365,000	$407	2006-05-05	2006	896	New
121 N Monroe St	$394,900	$441	2006-05-02	2006	896	New
121 N Monroe St	$206,900	$231	2006-04-28	2006	896	New
121 N Monroe St	$544,400	$608	2006-04-26	2006	896	New
121 N Monroe St	$242,600	$240	2006-02-06	2006	1,009	Resale

This concludes our June 2019 update on condo sales in The Tennyson, please give us a call at (850) 366-8917 or drop us a note if you have questions about making the right choice in downtown living.

As someone born and raised in Tallahassee with a focus on customer service, I promise you'll find great success when working with Joe Manausa Real Estate, just as have our past customers. You can read thousands of their reviews reported on Google, Facebook and Zillow right here: Real Estate Agent Reviews Tallahassee.

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I was recently asked "How much margin for negotiation should I include in my asking price?" This is a common question from experienced home sellers. They have sold homes in the past and understand the negotiation process involves a game of give and take, so doesn’t it make good sense to start with a little wiggle room in your price so that you can give it to the buyer to secure a sale? Here's what you should know. I explain EXACTLY how much margin for negotiation you should add to the price of your home t

How Long Does It Take To Sell A Home In 2020?

How long does it take a home to sell in 2020? I've been asked this question a lot recently, and it made me realize a full explanation was in order. Why? Because if you understood how to sell a home for top dollar, you would know that it is a trick question. Trust me on this. Invest the few minutes it takes to watch the video and you'll have a better understanding of selling a home than do most people in the real estate industry (and I'll prove it!).

How Many Times Will A Home Seller Counter Offer?

This real estate frequently asked question is from a recent home buyer. If you are about to buy a home in Tallahassee Florida or beyond and you’re trying to better understand how the real estate negotiation process will work, then understanding how to better control the negotiation is going to keep some of your hard-earned money in your pocket!

What Is A Swimming Pool Worth?

What Is A Swimming Pool Worth? Recently, a customer buying a home asked me a simple question. She inquired “how much does a pool add to the value of a home?” Pretty simple question, right? Well, by the end of this short video, you’ll know the not-so-simple answer (and why this is so important).

How Digital Has Changed How We Sell A Home Today

Time to sell a home? The digital age has had a huge impact on what homeowners must do to get top dollar when selling their home. In this video, Joe Manausa explains why and how things have changed, and then lays out the plan for what home sellers must do.

What Is Pre Marketing In Real Estate When Selling A Home?

What is pre-marketing in real estate when selling a home? When your home hits the market and it "goes live," how many buyers will be standing in line to get in? Will it look like an Apple store on the day the new iPhone is released? If not, why not? ... it's all in the video ??????

How To Subscribe To The Joe Manausa Real Estate Channel On YouTube

Have you subscribed to the Joe Manausa Real Estate Channel on YouTube? It's a "must" for people who are planning to sell or buy a home in the near future. Just click subscribe to get started, and the bell icon, so that you never miss anything!

Who is responsible for determining the value of the home you want to buy?

If you are planning on buying a home now, or within the next three to six months, you are going to have all sorts of questions pop up for which you’ll want answers. Among the most important of these will have to do with figuring out what a home is worth. As a matter of fact, I was recently asked this question “Who is primarily responsible for determining the market value of the home you want to buy?” Questions about valuation are very common from buyers of all experience levels because nobody wants to overp

Home Selling Tip: Don't Price Your Home On The 9s!

One of the most important steps in your marketing strategy when selling a home is setting the initial asking price for the home. While I have discussed this in previous videos, today I’m going to discuss a technique that I refer to as pricing on the 9s. It works to reduce the buyer pool for the home seller and reduce’s the seller’s chances of getting top dollar for the home. It is a terrible tactic and works against the seller. If you watch this short video, you’ll understand exactly why it hurts home selle

Video Housing Market Reports

Is The Housing Market Too Hot To Sustain?

The real estate market September 2020 continues to be hot, despite no end in sight for the COVID-19 pandemic. I was wondering, "is the housing market too hot?" Is the current rate of sales sustainable? Are we seeing 2003 through 2006 conditions happening again? This housing market report starts with a look at the big picture, the US housing market, and then drills down to Tallahassee housing market, and finally to zip code level in the Tallahassee real estate market. Sit back, relax, grab a cold drink, and

Foreclosures 2020: The Coming Coronavirus Foreclosure Crisis

Is there a foreclosure crisis or is it fake news? I’m seeing a lot of videos and articles about the impending doom of the housing market. A tsunami of foreclosures? Evictions by the millions? Home prices dropping by 40%! There are a lot of doomsayers getting a lot of attention these days. Wouldn’t it be interesting to take a fact-based look at the housing market instead? Sit back, relax, and watch our Housing Market 2020 Forecast, and you'll discover the real deal about the impending foreclosure crisis in

September 2020 Housing Market Report Using Quartiles

Our early September 2020 housing market report quartiles home prices in the real estate market through last month. What’s a quartile you say? A quartile housing report is like a median housing report on steroids, it gives you 3 times the information about what people are spending on homes. If you are new to reports using quartiles, stick around to the end of this short video and you’ll see how we glean quality information using the quartile function. Sit back, relax, kick your feet up, and prepare for a dif

The Difference Between New Home Sales And Existing Home Sales

The Tallahassee real estate market continues to suffer from a decimated inventory that forces multiple buyers into bidding wars over each new listing that hits the market. Hands down, bar none, this is the best time to sell a home that I’ve ever seen in my near 30 years experience selling homes in Tallahassee. There simply are not enough homes for sale for our normal market demand. That’s right. Demand is not the highest I’ve ever seen, but supply is the lowest on record. The reduced supply of homes is due

Housing Market August 2020 Update

This video provides an analysis of the Tallahassee real estate market in early August of 2020. If you own a home in Tallahassee, this will give you insight into how your largest asset is doing and let you know where you stand if you would like to move now or in the near future. If you do not live in Tallahassee, this report is likely to reveal market conditions very similar to your own, though the price-points might be higher or lower.

The Difference Between New Home Sales And Existing Home Sales

Pending Home Sales Report August 2020

The Pending Home Sales is a leading indicator for the housing market, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing. Most housing market analyses identify home sales after they close, but a study of pending home sales give us real estate market information nearly two full months earlier than do closed sales reports. The August pending home sal

Luxury Homes Market Report July 2020

If you are selling your Tallahassee luxury home in the next 3-6 months, you naturally may be asking yourself if this is a good time to sell due to COVID-19. This is one of the most common questions I’m getting from friends and clients right now. If you’re going to sell, you obviously want to sell for every dollar you can get. So is it possible to sell a luxury home in Tallahassee for top dollar right now?

July 2020 Housing Market Report

The Housing Market July 2020 Report is a comprehensive analysis of the Tallahassee real estate market at the half-way point in 2020. If you own a home in Tallahassee, this will give you insight into how your largest asset is doing and let you know where you stand if you would like to move now or in the near future. If you do not live in Tallahassee, this report is likely to reveal market conditions very similar to your own, though the price-points might be higher or lower.

3 Market Forces Helping Home Sellers

Where Have All The Houses Gone?

Your Local Expert In Tallahassee

When moving to, in, or from Tallahassee, you will fare better if you work with a local expert. We are here to help. If you have further questions on the Tallahassee real estate market, you can leave a comment below, give us a call at (850) 366-8917, or drop us a note and we'll give you the local information needed to ensure a successful, smooth transaction.

As a local born and raised in Tallahassee with a focus on customer service, I promise you'll find great success when working with Joe Manausa Real Estate, just as have our past customers. You can read thousands of their reviews reported on Google, Facebook and Zillow right here: Real Estate Agent Reviews Tallahassee.

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