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Lower Values Brings Homebuyers To Royal Oaks
If you are looking to spend around $200,000 to live within the highly sought-after Thomasville Road corridor in Tallahassee, perhaps you should consider Royal Oaks.
As the name suggests, you'll find majestic oak trees that hide larger than average homes.
With house prices low and mortgage interest rates low, this might be the ideal time to move up to Royal Oaks without putting a big dent on your cost of living.
In this report, we will look at prices, values, and sizes of houses in Royal Oaks, as well as show current listings in the Tallahassee MLS and all closed house sales going back to 2002.
Royal Oaks House Prices For each of the three housing graphs found below, you will find the number of closed house sales for each year (blue columns, measured on the left vertical axis), and an important real estate statistic shown in red (measured on the right vertical axis.
House prices fell last year, after having risen nicely in 2013. In fact, the average recorded house sales price of $193,900 in 2014 established a new 11 year low.

Fortunately, the 12 houses sold in 2014 was higher than all previous years going back to 2006 (a 9 year high!).
Royal Oaks House Values Average house values in Royal ... more

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