Southwood, a planned community in Southeast (SE) Tallahassee, FL, had 115 sales in the last 12 months - the largest number of sales in any Tallahassee subdivision. This is a very well planned community that has something for everyone.
In addition to many types of housing options (large estate homes, mid-size homes, townhomes), Southwood has many recreational opportunities, parks, state offices, schools, and shopping.
Of the 115 sales, 24 were townhomes with an average sale price of $147,448; 91 were detached homes with an average sale price of 289,164.
Large estate homes in Southwood
Townhomes in Southwood
2011 Parade of Homes winner in Southwood
Many southwood neighborhoods overlook small lakes
Here are some additional statistics:
Southwood average sale price 2011 (Jan-Aug) $269,189 vs last year $267,402
Average sale price SE Tallahassee 2011 (Jan-Aug) $147,133 vs last year $163,951
Average sale price Tallahassee 2011 (Jan-Aug) $170,619 vs last year $181,664
Southwood Currently Active Inventory: 70 homes
Southwood Absorption rate: 9.3 sales/month
Southwood Mos. of inventory: 7.3 (still a buyer’s market, but approaching a balanced market for this subdivision)
It's easy to see why Southwood is a popular choice with Tallahassee buyers.
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