Weekly Special | April 23, 2017

Statistics Reveal Home Buying Opportunities

While you should not buy a home based upon statistics alone, we can use them to help us decide when we find several different homes or areas where we think we might want to live.

Column chart of homes sold and current values versus five-year averages for 12 top Tallahassee neighborhoods in 2017, led by Killearn Estates with 58 sales.

The graph above shows the top 12 selling neighborhoods thus far in 2017 based upon the number of homes that have sold (blue bars from left to right, measured on the left vertical axis). As of the writing of this report, Killearn Estates leads all other neighborhoods with 58 homes sold in the Tallahassee MLS.

Behind each blue bar is a red bar that compares this year’s average value with the average value over the past five years.

Right now, values in Arbor Hill have exploded and leads all others, though Killearn Lakes is a very close second.

Plantation Woods is actually down 1% this year versus the past five years average, indicating good times have not yet made it there. Is this be a sign that you can steal a home in Plantation Woods and watch it appreciate at a far greater rate than the rest of the market?

A good buyer’s agent will know!

This issue went with a longer report on our blog: read the full blog post. The original one-page Weekly Special PDF is still available.

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