tallahassee average home prices: How To Figure A Value On Your Home - 09/30/10 09:39 AM
How do you figure a value on your home? Is it difficult to determine housing values in the tumultuous real estate market in which we are battling right now? Is there a science or method that works the best?
Anybody who knows me has heard me often say “I am long-term bullish on home values.” Of course, anybody who reads what I write will tell you that I am confident home values are dropping, and home values will continue to drop for the next several years. There is too much evidence of unwanted supply to believe we will see real … (0 comments)
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tallahassee average home prices: Average Home Prices Similar To 2004 - 04/15/10 07:38 AM
Average real estate prices in Tallahassee continue to fall, with price levels consistent with the later months of 2004. The following real estate graph shows that the average price of the collection of single family detached homes, condominiums and townhouses is still dropping, and local builders have figured this out.
The blue line in the graph above shows that for the past year+, new construction prices have been lower, on average, than resales. This means that builders are building less expensive homes in order to satisfy the demand of today’s buyer. When we look back over 20 years, this is the … (2 comments)
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tallahassee average home prices: Tallahassee Single Family Detached Home Prices Dropping - 03/30/10 05:31 AM
Single family detached average home prices continue to fall in Tallahassee, with the impact of the homebuyer tax credit impacting even the costlier section of the Tallahassee housing market. Average prices of single family detached homes in Tallahassee dropped below $190,000 for the first time since mid 2005.
Tallahassee Real Estate Links Do you want to know more about the Tallahassee real estate market? It is not as hard as you might think keeping up with the movements in the housing market, you just have to know where to look. The following are some of the best resources that you … (0 comments)
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tallahassee average home prices: Average Home Prices Continue To Fall - 03/21/10 08:03 AM
Average home prices continue to fall in Tallahassee, perhaps a sign that the Homebuyer Tax Credit is stimulating the market more actively in median price homes than in the higher price ranges. Through February, the average price of a home sold was $164K, which is $2000 less than the average home price in 2004!
In the real estate graph above, the green bars represent the overall average residential sales prices each year in Tallahassee, while the red bars represent average existing home sales prices, and the blue bars are for new home sales. It is interesting to see that builders … (0 comments)
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tallahassee average home prices: Home Pricing Strategy Has Changed - 03/12/10 06:33 AM
If you have to sell a home, I have an important tip that is crucial for you to understand. The internet has created many changes and opportunities in the real estate market, and home sellers who do not understand the evolution in pricing strategy will find that they are chasing away homebuyers.
One big questions that home sellers always want to ask is how much “negotiating room” should they include in their asking price for a home. I’m sure Google has seen the following more than once!
To Sell A Home – Think About How To Buy A Home The … (27 comments)
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tallahassee average home prices: Average Real Estate Prices Fall In Tallahassee - 08/17/09 10:09 AM
Just a reminder, the Tallahassee Real Estate Newsletter goes out again today. If you are a subscriber, then the email and link are either in your inbox or your spam filter. If you are not a subscriber, you can subscribe very easily in the link above or the graphic at the end of this post.
Average real estate prices continue to drop in the Tallahassee real estate market, with the exception of condos/townhouses. One has to remember that the drop in average prices does not absolutely represent depreciation, rather it represents the prices that buyers are currently buying. One has to … (2 comments)
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tallahassee average home prices: What Has Happened To The 3000 Square Foot Home Values? - 07/19/08 11:38 AM
We do a lot of work in the relocation industry (corporate moves and affinity relationships) and recently we were sent a request for information that I felt would make a great basis for a real estate blog for Tallahassee housing. We are the principal broker for the Cartus Relocation Network in Tallahassee and they refer a lot of business to our residential office. They informed us that a customer is moving an employee from Pennsylvania to Tallahassee and was curious about price movements in the Tallahassee real estate market. Here is the message that we received:
“In an effort to offset … (45 comments)
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tallahassee average home prices: Tallahassee Area Real Estate - Home and Lot Price Trends - 07/07/08 02:16 PM
Readers asked for it, and Century 21 First Realty is delivering the goods. I have received numerous requests to give reports on the surrounding counties that are included in the Tallahassee real estate market.
Lot prices in the four-county area of the Tallahassee real estate market have risen quite a bit. The blue line (Jefferson County) is off the chart due to a very expensive land deal in January of 2008. The trend line for Jefferson County will normalize once January 2009 is posted.
Jefferson County seems to have the least amount of activity going on in the Tallahassee … (0 comments)
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tallahassee average home prices: Using Video For The First Time - 07/01/08 03:59 PM
Well the year is half-way over and we’ll be gathering a whole lot of data over the next three weeks to help us create the mid-year report for the Tallahassee real estate market. We’ve been playing around with some new technologies and need your help. So, just to make sure this point does not go un-noticed….
HELP Many of our readers have had questions regarding some of our charts, graphs and analysis of the Tallahassee real estate market. In order to make our regular, re-occurring real estate market reports better understood, we are experimenting with video files to explain the real … (6 comments)
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tallahassee average home prices: Free Real Estate Report - 05/30/08 08:22 AM
This is our third consecutive month of offering our free Tallahassee Housing Report. The purpose is to provide useful information about Tallahassee Housing by showing supply and demand across all price ranges in Leon County. This is the most comprehensive report that you will find on supply and demand in Tallahassee because it brings in more sources than just the Tallahassee Board of Realtors Multiple Listing Service (MLS).
So here it is again. This month, we have simplified the Tallahassee Housing Report by removing a column of information that readers found to be “too busy.” We hope you continue to provide … (0 comments)
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tallahassee average home prices: Shocking Discovery Rocks Tallahassee Market - 04/02/08 06:05 PM
With all the major real estate reporting centers claiming that the Tallahassee real estate market is seeing appreciation, I felt it might be a good time to explain the difference between higher spending and appreciation.As we look at this first graph, we can see that the average home price in Tallahassee appears to be higher (through February) than it has been in years past.
While this is good and accurate information, I suspect that many people are using this information to declare that home prices are rising in the Tallahassee real estate market. I think that lower mortgage interest rates in … (6 comments)
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