Housing reports are a great way to generate traffic for both home sellers and home buyers. All you have to do is combine your knowledge of the neighborhood with some idx and market information to give them more than they can find through the larger (non-local) web portals.
Here is an example of a popular NE Tallahassee golf course community which often posts enough house sales annually to be counted among the top 15 neighborhood in our market area.
Buyers tell us they are attracted to the benefits of owning executive houses in an affordable golf course community situated within the heart of the popular 32312 zip code (and its A-Rated schools).
In this report, we will look at average house prices, house value trends, and house size trends in Summerbrooke, as well as all current listings in the Tallahassee MLS and all closed house sales going back to 1991.
For the three real estate graphs found below, you will find the number of closed house sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis).
It is important to note that the narrative contained below is for sales through December for all previous years, but through October in 2015. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of houses in the Summerbrooke).
Summerbrooke Property Prices
The average recorded house price for Summerbrooke in 2015 thus far has been $346,750, which is about 3% lower than what we reported for the year through July.
Falling prices are attracting buyers, and I expect to see continued growth in the number of houses that are being bought and sold here. Through the writing of this report, there were 37 closed house sales in Summerbrooke.
Summerbrooke Property Values
Average house values in Summerbrooke are the same now as they were last year. In our last report, we showed values marginally higher, but they have since settled back down to 2014 levels.
The fact is that house values have not moved much in Summerbrooke since 2010, though they fell in 2012 and have returned to about 1/2% below levels in 2010. While sales are brisk, overpriced properties have been sitting around and not selling.
Buyers, you have to know that values will not stay down forever. If you've been thinking about buying a house in a golf course community, this is an excellent time to find a great value in and near Summerbrooke.
Through October of 2015, the average value of a house sold in Summerbrooke has been $125 per square foot.
Summerbrooke Property Sizes
The average house size sold in Summerbrooke typically falls in a range of 2,600 to 3,200 square feet.
The 37 house sales in 2015 have averaged 2,765 square feet, meaning buyers are choosing houses below the middle of this range.
Homes For Sale In Summerbrooke
The following list of houses are the most recent listings in Summerbrooke. Simply click on any image and you will be taken to the full-details of that property.
Summerbrooke Property Sales
The following list shows more than 1,100 house sales in Summerbrooke going back to 1991.
I hope you enjoyed our November 2015 update on house sales in Summerbrooke, please feel free to drop me a note if you have questions not covered in this report.
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