market report: Tallahassee, FL - Market Report for Largest Selling Subdivision - 09/30/11 10:12 PM
Southwood, a planned community in Southeast (SE) Tallahassee, FL, had 115 sales in the last 12 months - the largest number of sales in any Tallahassee subdivision. This is a very well planned community that has something for everyone.
In addition to many types of housing options (large estate homes, mid-size homes, townhomes), Southwood has many recreational opportunities, parks, state offices, schools, and shopping.
Of the 115 sales, 24 were townhomes with an average sale price of $147,448; 91 were detached homes with an average sale price of 289,164.
Large estate homes in Southwood
Townhomes in Southwood
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market report: Tallahassee, FL Market Report by Quadrants Sep 2011 - 09/30/11 05:48 PM
For real estate purposes, Tallahassee is divided into geographical quadrants, (Northeast, Northwest, Southeast, Southwest) each with its own characteristics and market conditions. The North-South dividing line is Meridian Rd that runs south into Monroe St; the east-west dividing line is Apalachee Pkwy which runs west into Pensacola St.
Here is a breakdown of sales from Jan-Aug 2011:
The chart above shows that for 2011 YTD, the Northeast (NE) has almost half of all sales in Tallahassee.
Northeast (NE) Tallahassee is in great demand by families since it has the most A-rated K-12 schools. Homes are generally more expensive with … (0 comments)
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market report: Tallahassee, FL Market report Sep 7, 2011 - 09/07/11 04:34 PM
Tallahassee, like most of FL, has been impacted by the poor US economy, but not hurt as much as south FL. As the line shows on the chart below, sales have been steadily decreasing since 2005, although the chart also indicates that sales may have started to level off.
The bars in the chart above show the average sale price in Tallahassee since 2003. By the end of last year, values had fallen to 2004 prices, with the average sale price in Tallahassee at $180K. Prices are still falling and the current average sale price is $170K.
The … (1 comments)
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