pineyz tallahassee: Measuring Real Estate Depreciation In A Neighborhood - 03/18/10 06:36 AM
From time to time, we like to take a close look at home sales in Piney-Z in Tallahassee. Today, we’ll take exert some extra effort in the pursuit of quantifying the amount of depreciation that has occurred in Piney-Z, as well as studying the average sales price of homes that have recently sold there. Of course, if you are interested in seeing homes for sale in Piney-Z, we also can send you there.
The real estate graph above shows each home sale in Piney-Z over the past twelve months, with the most recent on the left. The red bars measure … (4 comments)
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pineyz tallahassee: Tallahassee, FL: Piney Z Sees More Falling Prices - 10/29/09 06:21 AM
Every time I do a Tallahassee neighborhood report featuring Piney-Z, it seems like my comments and email go from positive to negative. I have even been accused of “bashing” the Piney Z Subdivision (as if I hold a grudge against a community???).
Certainly, that is not the case. Piney Z is a very desirable neighborhood located in Northeast Tallahassee, with home prices about 20% above the median for our county. I try to do regularly updates for many of the more active neighborhoods in Tallahassee, and Piney Z falls into this category.
Monthly Resales Stabilizing In Piney Z This first … (0 comments)
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pineyz tallahassee: Beware: Homeowners Might Shoot The Messenger Delivering Housing Report - 04/11/09 08:40 AM
Please don’t shoot the messenger! We’ve all heard this euphamism used when somebody reacts to bad news by blaming the reporting person or agency, which is exactly what happened in yesterday’s Tallahassee Real Estate Blog about Piney-Z home sales.
I wrote an article with updated facts about the Piney-Z neighborhood in Tallahassee. The reader was obviously very upset that home sales in Piney-Z have fallen, both in the number of homes sold as well as in the average sales price, and left a long rant in response.
As this is a daily blog, written at “O-dark hundred” in the morning … (2 comments)
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pineyz tallahassee: Home Sales Dwindling In Favored Tallahassee Neighborhood Of Piney-Z - 04/11/09 08:36 AM
Another great Tallahassee neighborhood is seeing tough times in the Tallahassee real estate market. Piney-Z, a great in-town neighborhood, has seen average home prices dropping nearly 27% and unit sales dropping a staggering 83% over the past three years!
I have seen some blogs and even a recent article in the Tallahassee Democrat that claim that Tallahassee has not seen significant drops in either home sales or home prices, and of course they do not provide any data or basis other than opinion to support these claims. I would encourage these authors to talk to people trying to sell a home … (0 comments)
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