tallahassee neighborhood: Home Sales In The Gardens Of Killearn - 07/29/11 07:57 AM
The Gardens of Killearn is a popular Northeast Tallahassee neighborhood nestled in the southern section of Killearn Estates. Homes there where mostly built in the 1990s, and the average home is 3 or 4 bedrooms with about 2,400 square feet of living space.
Our company worked with several builders back in the mid 90s and helped sell a lot of these homes when they were brand new. It is interesting to watch them resell now, years later. Like much of the rest of the Tallahassee housing market though, values continue to fall in the Gardens of Killearn.
Home Prices … (0 comments)
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tallahassee neighborhood: Indian Head Acres: The Coolest Street Names In Tallahassee - 06/20/11 06:55 AM
If you want to discover a charming in-town place to live, then you might want to consider Indian Head Acres. This popular Tallahassee neighborhood is fighting through a difficult housing market in a far more successful manner than many others.
Before we get into the actual home sales report, you should know that Indian Head Acres has possibly the coolest street names of any neighborhood in Tallahassee. Do you know what a Nene is?
The streets were named using authentic Seminole Indian names, and “nene” is the word for trail.
Indian Head Acres Street Names And Meanings * Humpin Nene – … (0 comments)
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tallahassee neighborhood: What Do You Do When Your Home Drops $135K In Value? - 05/30/11 07:40 AM
Summerbrooke home sales appear to be slowing, and home values are dropping far faster than we have seen in the past. The Summerbrooke neighborhood is one that we have reported about often in the past, but today’s graphs are new.
Reminder: The Tallahassee Real Estate Newsletter goes out again today. With nearly 1,800 subscribers (and growing), it is the best FREE resource on real estate market information and can help you make better decisions whether you are buying, selling, or brokering!
Below, we see that the average home price in Summerbrooke has dropped from a high of $466K in 2006 down … (6 comments)
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tallahassee neighborhood: Are Home Values Affected By The Schools In The Area? - 05/26/11 01:14 PM
Are home values affected by the school zones in which they reside? Who’s to day, but today’s blog post will take a look at home values by school zone. This information has been pulled from the Tallahassee MLS and I will start with a caveat that the information is often sketchy at best. Real estate agents enter their listings in the multiple listing service as a means to promote the property to other real estate agents, and the information that is provided is not checked for accuracy.
I have included links to the maps of each school zone in the appropriate … (4 comments)
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tallahassee neighborhood: Weems Plantation Home Sellers: Sell Now, Sell Fast Or Wait 8 Years - 05/25/11 06:52 AM
Weems Plantation and the Gardens of Weems have been around since the late 1990s and these two Tallahassee neighborhoods are active due to their proximity (location, location, location) to the public schools that service their section of Tallahassee. With over 350 homes, the neighborhoods of Weems Plantation are a popular choice for families with school aged children who want to go to Moore Elementary, Swift Creek Middle School, or Lincoln High School.
Home sales in Weems Plantation have dropped with the market, and home values have declined like the rest of the Tallahassee housing market. The average price for a Weems … (0 comments)
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tallahassee neighborhood: Top 10 Real Estate Blog Posts May 2011 - 05/09/11 07:57 AM
Every so often, I like to see what (you) readers of the Tallahassee real estate blog are viewing most, as it provides me with the feedback that I need to guide the future real estate content that is most popular for the people that matter most. I am usually aware of the more popular topics and reports, but occasionally I am just blown away at the choices that our readers make.
The first article in the top ten list of real estate articles in Tallahassee is a case in point. I had several visitors ask me questions about the unique structure … (2 comments)
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tallahassee neighborhood: Where Are All The Failed Home Sales Going? - 02/07/11 09:32 AM
As one of the most active neighborhoods in Tallahassee, the Southwood Subdivision is important to monitor even if you do not live there. We always have to remember that the overall state of the Tallahassee housing market is influenced by all the homes for sale in our area.
Currently, there are 59 homes for sale in Southwood (listed in the Tallahassee MLS) and 9 of them are new construction and surprisingly “only” 20% of the homes listed are distressed properties. With all the lis pendens filed in Tallahassee in 2010, we are expecting significantly more than 20% of of our sales … (2 comments)
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tallahassee neighborhood: Resales Must Compete With Active New Construction Homes - 11/30/10 07:51 AM
Southwood home sales are reporting strong unit sales, though with 53% of the sales reported are new home construction, it might not be such good news if you already own a home in Southwood. You see, just like everywhere else in Tallahassee, the existing homes for sale in Southwood have too much competition and prices are falling.
Subscribers to the Tallahassee Real Estate Newsletter previously received this graph showing the make-up of home sales in Southwood. It shows the homes sold in 2010 broken down into two groups, new home sales versus existing home sales.
What this graph reports is … (14 comments)
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tallahassee neighborhood: What's Going On In Your Neighborhood? - 03/11/10 07:34 AM
Tallahassee Neighborhoods are enjoying the beginning of the market turn, with homes selling at a faster rate today than they were a year ago. The most active neighborhood in Tallahassee is Killearn Lakes, followed by Southwood, Killearn Estates and Killearn Acres.
The following real estate graph shows the top 3 Tallahassee neighborhoods represent a very large portion of the homes sold in Tallahassee. The blue vertical bars show the number of home sales in each neighborhood, while the red bars show the average price of homes that sold.
The following table lists all named subdivisions in Tallahassee that had an … (0 comments)
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tallahassee neighborhood: Neighborhood Report Shows Distressed Properties' Impact - 01/22/10 10:00 AM
Tallahassee has a lot of subdivisions for the number of homes in town. In 2009, there were home sales recorded in 806 of these Tallahassee neighborhoods (legally called Subdivisions). I decided to take a fairly quick look to see which neighborhoods were selling the most properties.
I went to the tax records for all of Leon County, Florida in order to determine the following:
How many homes sold in each Tallahassee subdivision. What was the average home price in each subdivision. What percent of home sales were not “arms length.” At what discount did non-arms length home sales trade to arms … (0 comments)
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tallahassee neighborhood: Tallahassee Neighborhoods And Non-Arms Length Sales - 09/17/09 08:48 AM
The time has come again to look at Tallahassee neighborhoods to see what is happening. We like to do this every month or so in order to identify the hottest selling subdivisions in Tallahassee, as well as see if any trends are occurring.
We compiled all of the existing home sales in Tallahassee (meaning no new home sales, only resales) and separated them by whether or not they were “arms length” sales or not. As a reminder, arms length sales are home transfers which are freely entered into by parties who don’t have a special relationship or control over one another.
… (0 comments)
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tallahassee neighborhood: See What Tallahassee Neighborhoods Are Selling - 05/18/09 07:18 PM
One question that pops up often at our CENTURY 21 office in Tallahassee is “where are homes selling in Tallahassee?” People are wondering if there are any movement trends and what Tallahassee subdivisions are experiencing sales at a greater pace then their competitors.
Every once in a while, we like to publish a list of Tallahassee neighborhoods to show what is happening in home sales around Tallahassee. You might be surprised at what subdivisions are hot, and which ones are not… [click to continue…]
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tallahassee neighborhood: Tallahassee's Highgrove Sees A Home Sale ... Finally! - 04/24/09 08:14 AM
The Highgrove Subdivision in Tallahassee just recorded its first home sale since December of 2007! This hit me like a ton of bricks when I started conducting my analysis of what many (including myself) feel is an incredibly desirable neighborhood on the northeast side of Tallahassee. Located on the west side of Thomasville Road, just north of Killearn Estates, Highgrove features large homes in a great location.
So what could be causing this significant drought in home sales in Highgrove? [click to continue…]
… (2 comments)
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tallahassee neighborhood: How To Pick The Right Neighborhood For Your Family - 02/24/09 06:06 AM
I received a question from a reader that I felt would make a terrific topic for a blog post. “Joyce M.” wrote
We will be looking to buy later this year sometime and don’t want to over-pay. Property taxes are not low in Tallahassee. What are the best neighborhoods [safety, value, upscale] for homes $300,000-$325,000 range built after 2000 with gas fireplace, and about 2000-2300 sq ft; thanks.
As you can tell, this is not a simple “quick answer” type of question, and it parallels a question I received recently from a long-time friend who wondered what area of Tallahassee … (2 comments)
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tallahassee neighborhood: Tallahassee, FL: Ox Bottom Manor Subdivision Report - 02/03/09 01:08 PM
One of the most often discussed neighborhoods in our office and in conversations with buyers and sellers is Ox Bottom Manor in the Northeast quadrant of the Tallahassee real estate market. This popular Tallahassee neighborhood features homes which are typically 4 bedrooms and run on average between 2,000 and 3,000 square feet.
The northeast side of town represents roughly 50% of the homes sold last year in the Tallahassee housing market, and Ox Bottom Manor is nestled right in the midst of the northeast. I find that doing a case-study on Ox Bottom is often a good snapshot of the … (0 comments)
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tallahassee neighborhood: Tallahassee, FL: Subdivision Home Sales Update - 01/10/09 03:00 PM
If you have been searching for a place to find out what is going on in your Tallahassee Neighborhood, then you stumbled upon the right spot! And you can thank our reader “Nick” for today’s post. In a recent comment, Nick wrote:
Joe,
Last fall I remember seeing a very detailed report on the Tallahassee housing market by neighborhood that included a lot of information including, among other things, the average $/sf of for-sale and sold properties, the number of properties for sale and the number sold, etc. and a column describing each neighborhood as a buyers or sellers market. … (0 comments)
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tallahassee neighborhood: Tallahassee, FL: Home Sales Report by Subdivision - 01/01/09 07:44 AM
While the Tallahassee Real Estate Blog usually analyzes information about the Tallahassee real estate market, we also can tell from our traffic reports that many of our readers like to see what is going on by subdivision (or neighborhood). Today’s blog is just a very large table of all sales, listed by total number of recorded sales per year, by subdivision in the Tallahassee real estate market. The real estate report shows all Tallahassee neighborhoods which have had a sale in the past five years (this year through November) and is sorted by the most sales per neighborhood in 2008.
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tallahassee neighborhood: Tallahassee, FL: The Top 200 Selling Residential Subdivisions - 12/30/08 04:27 AM
I was doing quite a bit of research this weekend and was focused on finding the top selling residential communities (subdivisions) in Tallahassee. With over 1,800 neighborhoods recorded in the Leon County Tax Appraisers office, there was quite a bit of information to be screened.
I pulled the top 200 selling neighborhoods in 2008 and used these as my group to study. Southwood home sales led all Tallahassee Subdivisions with 108 sales from January through November. In order to create a year over year study, I lopped off December sales from 2007, 2006 and 2005, thus making each year January … (2 comments)
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tallahassee neighborhood: Tallahassee, FL: Southwood Home Sales Information - 12/03/08 05:47 PM
Recently a reader left a comment (which I appreciate) indicating that he thought my data was incorrect for home sales in Southwood. In doing my research to validate the data, I figured I might as well turn it into a blog about current home sales in Southwood. The reader wrote:
Joe, I really enjoy reading your Blog, but I work in 2 of the communities that are in the top ten of your list, and I know that your figures are wrong!. Where did you get the figures for this list??
The sold numbers are nowhere near where you say … (0 comments)
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tallahassee neighborhood: Tallahassee, FL: Neighborhood Home Sales Report - 11/27/08 06:17 AM
Where are homes selling in Tallahassee? This is a question many of our homeowners are asking us as they consider putting their homes on the market. With buyer activity in the market slowing down to a 20+ year record low, many people feel as if their Tallahassee subdivision is the only one where homes are slow to sell. But that is not the case.
Here is a simple report showing the number of homes sold by Tallahassee subdivision over the pat twelve months (November 1, 2007 through October 31, 2008). This is the complete list as reported to the Leon … (0 comments)
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