32311 (Tallahassee, FL)
By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Southeast Tallahassee is the third most active quadrant in the Tallahassee real estate market, having posted just 16% of the home sales in 2014. But two of the neighborhoods in the 32311 zip code rank among the top Tallahassee neighborhoods based upon home selling activity in the past year. As we saw with our four previous reports on the 32312 zip code, the 32309 zip code, the 32308 zip code, and the 32317 zip code, the home sales are distributed across many different neighborhoods. Today's report covers home sales in the 32311 neighborhoods from January 1, 2014 through January 25, 2015, and shows key information for both home sellers and home buyers alike. Most Active 32311 Subdivisions The following real estate graph ranks the top 32311 neighborhoods, from left to right, based upon th...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
At the close of the third quarter of 2013, it is great to report that home sales in the 32311 zip code continue to rise. 32311 house sales have been accelerating since the the middle of 2011 (up 56%), and the number of distressed house sales reported have shown declines in the Tallahassee MLS. While both of these statistics are excellent news, we continue to keep a diligent watch so that we can provide the most accurate guidance for home valuations in 32311. House Sales In 32311 Currently, there are 220 houses for sale in 32311. Thus far in 2013 (through late September), there have been 263 homes sold in 32311 at an average price of $207,000 (which is an average home value of $116 per square foot. The average home size of those sold in 32311 this year is 1,779 square feet. House Prices ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
I was reviewing 32311 house sales this morning for a client who wants to sell a house. She asked if I would prepare a zip code report like the recent ones for 32308, 32309, and 32312. Additionally, she asked me what she should expect in terms of value and time to sell. The good news is that there are plenty of 32311 house sales happening, so we have the real estate liquidity required to give her an accurate assessment of her house value. Currently, there are 251 houses for sale in the 32311 zip code. Additionally, due to the nature of the current market trends, we told her to expect a contract within the first two weeks (more on that later). But house value trends are another story altogether. The real estate graph above shows that 32311 house sales are exhibiting the same size trends a...
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