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Conflicting Reports On Tallahassee Condos?
It has been quite some time since we have reported on Tallahassee Condo and Townhouses, so today will serve as an update on this ever-growing segment of the Tallahassee real estate market.
If you are in the market to buy a Tallahassee Condo, you need to understand the diversity of what you will find and the basis of value around town. You need to decide if you are looking for a student condo (condo and townhouse will be used interchangeably for the purpose of this report), a downtown Tallahassee Condo, or if you are just looking for great affordable living space.
Condominium And Townhouse Sales Report When we plot the one-year trend of condominium and townhouse sales, we see rising average price trends and rising unit sales trends. In the graph below, the blue line represents the average sales price trend while the purple vertical bars measure the trend of average monthly unit sales.

Before we can come to any conclusions, we also need to see what is going on with new construction for condominiums and townhouses in Tallahassee. The next graph is similar to the one above, but it measures new construction only.
New Construction Condominiums And Townhouses When ... more

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