Search Listings

Year Over Year Home Sales Surge 16% Higher in February

Home sales exploded in February, beating last year by 16%.

The following graph compares the number of homes sold each month with the same month from the prior year. When the column is green, it shows the year over year growth, while red columns demonstrate a year over year decline.

Year over year home sales report for the Tallahassee real estate market, conducted by Joe Manausa Real Estate

For our readers who subscribe to our Weekly Market Update (see form below if you'd like the most-current market analysis delivered to your email inbox on Monday mornings), you probably are aware that market growth had slowed.

Well, GOOD NEWS, the market continues to recover.

Get Our Free Market Update


Other buyers, sellers, lenders, and real estate agents have this critical information, and now you can too!

Get immediate access to our most recent newsletter.

Let nearly 30 years of experience work for you with charts, graphs, and analysis of the Tallahassee housing market.

Each Monday morning we send out a simple, one-page report that provides a snapshot of the Tallahassee housing market. It only takes 2 minutes to read, but it gives you better market intelligence than most real estate agents possess. Just tell us where to send it below!

Since September of 2014 (41 months), there have only been 9 months of declines during the Tallahassee real estate market recovery. While we have not come close to hitting the highs that were reported in 2006, the progressive recovery has been well received.

The market moved 16.1% higher in February, which means it is up 8.9% overall for the first two months of 2018 when compared to January and February of 2017.

If you would like to know how the market recovery has impacted (specifically) the value of your home, please give us a call at (850) 366-8917 or drop us a note and we'll be in touch right away. If you think we cover more in-depth information about Tallahassee and its most popular neighborhoods than any other real estate website, please be sure to recommend us to your friends!


#1 By George Fergusson at 3/28/2018 3:44 PM

This is an important question. My friend, 78, plans to sell his 40 year old home in Waverly Hills in the next year. He feels he can sell it as is, but I caution him that most homes sold in that neighborhood have been upgraded to show well on the internet sites. Would you advise upgrading or leave it to fate?

#2 By Joe Manausa at 3/28/2018 4:15 PM

Great question George. The short answer is 'it depends.' Too often, I see real estate agents recommend that homeowners do a lot of renovation/updates before they sell. I'd have to see the home and make recommendations based on what would actually create 'profit' for the seller. No need to spend $20K to get $10K more on the sale, right?

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (495) Blogging Real Estate (187) Distressed Property (32) Foreclosures (4) Glossary of Real Estate Terms (33) Government and Real Estate (31) Homes For Sale (156) Housing Market Conditions (1264) Housing Report (54) Lis Pendens (4) Main (1018) Mortgage / Finance (74) New Construction (19) Off Topic (87) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (26) Real Estate Opinion (3) REALTOR News (11) Tallahassee (90) Tallahassee Neighborhoods (628) Uncategorized (50)

Posts By Month

Blog Roll

Luxury Homes For Sale New Construction Homes For Sale Homes For Sale With Swimming Pools Homes For Sale On Acreage Homes For Sale In Golden Eagle Plantation Homes For Sale In Killearn Lakes Plantation Homes For Sale In Killearn Estates Homes For Sale In Southwood Homes For Sale In Killearn Acres Homes For Sale In Summerbrooke Homes For Sale In Piney Z Homes For Sale In Bull Run Homes For Sale In Betton Homes For Sale In The Ox Bottom Area

Tag Cloud

Grab Our RSS Feed

Tallahassee Home Searches

Contact Us

Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917