Inventory is still low in the 32309 area code of Northeast Tallahassee. As a result, sales figures are lower but home values are on the rise. This is great news for sellers. Those looking to put their Killearn Lakes, Killearn Estates, Killearn Acres, Bull Run, or Arbor Hill home will have to face less competition and list their home for a more favorable price.
While home values continue to rise, home sales have slowed down in Tallahassee’s northeast side. Homes located in 32309, have experienced a more than 50 percent decrease in sales this month. However, this drop off in sales comes on the heels of months of decreased inventory. In other words, the market may finally be leveling off.
This Saturday, accompanied by a Junior REALTOR®, I set out to tour the farm at 13800 Moccasin Gap Road. The farm located along a picturesque Tallahassee canopy road, is only a short drive from the more suburban North and Eastern quadrants of Tallahassee. However, there is nothing suburban about Moccasin Gap. Despite its convenience to the North and Eastern portions of town, it is set back in a rural world all its own.
If the most recent market update for 32309 tells us anything it’s that home sales are down because less homes are entering the market. Additionally, home values are continuing to rise. For sellers, this means that it is a great time to sell.
The Tallahassee real estate market is strong. Homes are selling quickly and home values continue to rise. A true seller’s market; this is a great time to sell your home in Tallahassee. Currently, homes and properties in the northeast corridor of Tallahassee are especially popular. Those selling your home in Killearn Estates, Killearn Acres, or Arbor Hills can rely on the Property Finders Team to sell your home quickly and for top-dollar. Recently, one of our listings in 32309 sold after only one week on the market!
Things are really heating up in the 32309 area code. The Killearn area real estate market is really hot these days. In fact, the average 32309 listing is only on the market for two months. Buyers who are looking in the area need to act fast.