condominium: What Will You Say 20 Years From Now About Today's Condominium Sales?
- 05/10/13 12:06 AM
Everybody loves a sale, so why not a Tallahassee condominium sale featuring some of the best buys on downtown condominium units that we might ever see? The "attached" housing market is beginning to recover nicely, and since the market bottom is likely behind us for good, homebuyers should be scouring the market for some great deals. Tallahassee Condominium Sale Includes Townhomes For the purpose of our Tallahassee condos sale, I have to include townhouses as well, even though there are differences between the ownership of these two types of properties. For the sake of simplicity though, our Tallahassee condominium sale is really … (8 comments)
condominium: November Real Estate Trends Report
- 12/08/11 01:09 AM
Most of the real estate reports that we compile here come from data pulled from the Tallahassee MLS, but occasionally we go "all out" and get all the information on home sales in Tallahassee from the Leon County Property Tax Appraiser. I believe it is important to do this from time to time to ensure that our MLS information is accurately portraying real estate sales trends in Tallahassee. Real Estate Sales Trends Through November In this first real estate graph, we simply plot home sales information from both the property tax appraiser and the Tallahassee MLS in order to see how … (4 comments)
condominium: What Caused The 50% Decline In Condo And Townhouse Prices?
- 08/20/11 01:00 AM
Tallahassee condominium and townhouse prices have finally joined single family detached homes with a dramatic drop in their average prices, according to the newest information recorded at the Leon County Property Appraisers office.
The sales of condominiums in downtown Tallahassee, which are relatively new to the Tallahassee market, were bolstering the average sales price of condos and townhouses for the past several years. Even though we were measuring depreciation at very similar numbers as single family detached homes, the actual average price was remaining stable as expensive condos downtown were keeping the average up. But downtown sales have stopped and … (4 comments)
condominium: Graphs Are Windows Into The Real Estate Market
- 03/11/11 12:07 AM
You can learn a lot about the housing market when you study real estate graphs. The prudent investor knows that no singular graph portrays a complete picture of the market, and that is why the Tallahassee Real Estate Blog regularly tracks and publishes over 120 of these "windows" into the market. Today, we feature and review six of our most popular real estate graphs to find out the current view of the housing market in Tallahassee. Let me know if you are seeing any trend or activity that I fail to mention. Pending Home Sales Graph Recent activity in new contracts … (0 comments)
condominium: Conflicting Reports On Tallahassee Condos?
- 06/29/10 02:13 AM
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. … (0 comments)
condominium: Condo Market Shows Volatility
- 03/14/10 10:05 PM
We are finally starting to see some volatility in the housing market when looking at condominiums and townhouse construction. The average price of a newly built condo and townhouse has dropped over $100,000, but the monthly unit sales have doubled. I believe the trend in prices is due to a slow-down of condo sales in downtown Tallahassee, while the increase in sales has been heavily influenced by the home buyer tax credit.
There are plenty of options for new condos and new townhouses in Tallahassee, so interested buyers should make a complete search of the Tallahassee MLS as well as … (2 comments)
condominium: Condo Sales Return To Pre-Boom Consumption Levels
- 01/31/09 09:12 AM
The Florida Association Of Realtors released reports this week showing the Florida condominium market is still struggling. The end of year numbers for condos showed a statewide drop of 10% in condo unit sales and a 20% drop in median condo sales prices. Seeing this report made me wonder how condo sales in Tallahassee have done. For the purpose of study, I’ve lumped condominiums and townhouses together (attached units) as I feel that they are perceived to be the same by buyers and sellers, therefore creating one market (single-family, attached homes). What I found was truly amazing. Tallahassee Condo Sales Back To Normal … (0 comments)
Everybody loves a sale, so why not a Tallahassee condominium sale featuring some of the best buys on downtown condominium units that we might ever see?
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