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Where To Spend $300,000 In Tallahassee

By
Real Estate Agent with Joe Manausa Real Estate 8508880888

It might be premature, but we might be seeing signs that the housing market recovery in the32312 zip code might be pausing for a breather.

House sales in the 32312 zip code have been accelerating since the beginning of 2011 (up 30%), but the past two months have shown year over year declines in the Tallahassee MLS.

While I doubt this will prove to be more than a mere "blip" in the continued return of homebuyers, we continue to keep a diligent watch so that we can provide the most accurate guidance for home valuations in the 32312 zip code.

House Sales In The 32312 Zip Code

Currently, there are 345 homes for sale in the 32312 zip code. Thus far in 2013 (through late September), there have been 439 homes sold in the 32312 zip code at an average price of $287,137 (which is an average home value of $121 per square foot. The average home size of those sold in the 32312 zip code this year is 2,378 square feet.

Tallahassee Real Estate 32312 Zip Code Sales

House Prices In The 32312 Zip Code

The average price of a house in the 32312 zip code continues to rise, and the current trend looks to take arms length house prices above $300,000 soon.

Tallahassee Real Estate Prices 32312 Zip Code

House Values In The 32312 Zip Code

The average arms length house value in the 32312 zip code is $125 per square foot, which is up 4 percent from the "floor" that we've seen for the past few years of $120 per square foot.

Tallahassee Real Estate Values 32312 Zip Code

Houses For Sale In The 32312 Zip Code

The following map shows all of the houses for sale in the 32312 zip code. Simply hover over a marker and a picture of the home will appear, as well as limited information on the home. If you want to know more about the home, simply click on the picture and the entire detail page will be revealed.

Houses Sold In The 32312 Zip Code

 

I hope you were able to learn something from this 32312 Zip Code House Sales Report, please drop me a note if you have any other questions or concerns that I can help you with.

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917

Comments(2)

Andrew Payne Realtor® Richmond VA Homes For Sale~804-938-5257~
Piedmont Real Estate - Richmond, VA
Richmond, VA, Real Estate, SRES®, NAR Green

It's good marketing that you focused on a particular zip code in your area.  That's a great idea for the rest of us to pick our own respective local zip codes to market!

Sep 25, 2013 11:31 PM
Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you Andrew. I'll be following this up with a few other zips in my market.

Sep 25, 2013 11:33 PM