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Median House Price Is On The Rise
Both median house prices and median house values continue to improve in Tallahassee.
While this might not seem like a huge revelation, it remains newsworthy as our housing market saw declining median prices and values from 2006 through 2012.
As somebody "in the business," I can attest to that being a very long period of time.
But the news is better today, and we'll show you with a simple trend graph where prices and values are today relative to where they have been in the past.
Tallahassee Median House Price And ValueThe graph below is “busy” with a lot of information, but everything falls into one of two groups.
Orange is associated with median house prices, while green references median house values (price per square foot).
The orange area plots median house prices each month, while the light orange colored line shows the 12 month trend of median house prices.
The jagged green line shows median values each month, while the smooth green line shows the one-year trend of house values.
The dashed lines move from right to left, and they track today’s prices and values and show:
 Median house prices are the same today as they were at the beginning of 2006.  Median house values are the same today as they were ... more

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