tallahassee subdivision: What You Should Know About The Hottest Neighborhoods In 2014
- 11/27/14 11:21 PM
One of the first questions we get from relocating homebuyers concerns the house prices in the most popular subdivisions in Tallahassee. They want to know what they can expect to find and what they should expect to pay in the areas that are most active in the Tallahassee real estate market. From Killearn Lakes Plantation in the North to Southwood in the South, each community offers different house styles and they come at differing costs. Today's report features the top subdivisions in Tallahassee, and it includes graphs featuring the average existing house prices and values, along with the number of homes sold for each. Top … (2 comments)
tallahassee subdivision: Younger Neighborhoods Fighting Hard To Retain Fleeing Homeowners
- 02/15/12 02:19 AM
Weems Plantation is a popular Northeast Tallahassee neighborhood that is undergoing some turmoil related to the age of the community, as are all newer neighborhoods around Tallahassee. With home sales happening at half of our historical rate, we know that a shadow inventory of pent-up supply is growing, and thus so too will the list of homes for sale in Weems Plantation. People who want to move, but know they owe more on their homes than what is worth, are growing in number. They want to flee, but do not know how. The impact that this is having on neighborhoods in … (10 comments)
tallahassee subdivision: Computerized Home Valuations Are Skewed By Premium Homesites And Amenities
- 05/04/11 02:01 AM
Home sales in Golden Eagle Plantation are selling at a pace between two and three sales per month over the past five years. As one of the upper-end neighborhoods in Tallahassee, Golden Eagle features a Tom Fazio golf course and a private country club, and has seen some of the more expensive home sales in Tallahassee since it opened in the late 1980s. Sales boomed in Golden Eagle during the peak of the market, fueled by the new loan programs that offered low interest rates, no principal payments for up to 7 years, and little or no down payment. Currently, we … (22 comments)
tallahassee subdivision: High End Home Sales Report
- 12/28/10 01:20 AM
I received a lot of feedback from yesterday’s blog about turnover rates in Tallahassee neighborhoods. The most common question related to subdivisions that were not listed in the post, such as this question from Gene Ward who wrote Why wasn’t Highgrove included in this survey? Since there are over 1,300 subdivisions in Tallahassee, my reports will usually only contain a subset of them in order to remain relatively short. Yesterday’s list of home sales in Tallahassee only included subdivisions that had four or more home sales thus far in 2010, so Highgrove and many others were not included. So today I … (0 comments)
tallahassee subdivision: Resales Must Compete With Active New Construction Homes
- 11/29/10 11:51 PM
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 … (21 comments)
tallahassee subdivision: Neighborhood Report Shows Distressed Properties' Impact
- 01/22/10 02:00 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)
tallahassee subdivision: A "No Bull" Approach To Real Estate Trends
- 10/20/09 10:29 PM
One reader provided an interesting observation about our graphing and charting techniques here on the Tallahassee Real Estate Web Site. This reader wanted to know why we relied so heavily on real estate one-year trend charts, as opposed to non-trended data graphs. Specifically, the reader asked So much of your data focuses on 365-day analysis. Given the dynamics of real estate today, it would be nice to have monthly information as well. I understand seasonality makes it hard to compare between months. But sometimes it’s just nice to know what is actually selling and what isn’t in the current market. I … (10 comments)
tallahassee subdivision: Tallahassee Neighborhoods And Non-Arms Length Sales
- 09/17/09 01:48 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)
tallahassee subdivision: See What Tallahassee Neighborhoods Are Selling
- 05/18/09 12:18 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…] … (0 comments)
tallahassee subdivision: Tallahassee's Highgrove Sees A Home Sale ... Finally!
- 04/24/09 01:14 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)
One of the first questions we get from relocating homebuyers concerns the house prices in the most popular subdivisions in Tallahassee.
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