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For the last two years, the number of home sales in Piney Z has been continuously increasing every month and it includes the home value and home prices which has been nicely moved up considering that it is the bottom established by the end of 2012.
As one of the top selling neighborhoods in Tallahassee (along with Southwood, Killearn Lakes Plantation, Killearn Estates, and Bull Run), we keep a close eye on Piney Z Plantation to gain insight on changing trends for the entire Tallahassee real estate market.
By the end of 2013, it has been recorded that Piney Z has sold 51 homes with an average sales price of $212,500 and the price per square foot has a value of $112. Which means, if you have over $210K, you can already avail a house which has a size of 1,899 square foot, knowing that it is highly desirable in the Tallahassee neighborhood.
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In Piney Z, those houses which are well priced and well marketed sold quickly and as of now, there are 17 homes which are for sale in Piney Z.
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Piney Z’s sales has been continuously rising, they can now sell over 4 home sales per month, knowing that back in 2012 they hit very low in the market because they can only sell over 2 home sales every month.
Even though the Piney Z has hit the market low last December, the home value still continues to increase. Knowing that the anguished properties has declined big time, arms length homes in order to gain more traction in the market.
Knowing that the home prices are found to be in the bottom back in January of 2013, the home prices continue their recovery. As of December of 2013, the average length sales price of homes in Piney Z is approximately $214,000, however, the homes which are slightly distressed are sold for an average of $199,000.
With the falling number of distressed properties available in Piney Z, their impact on the “average” will be greatly reduced, likely allowing prices to go higher in 2014.
All of the information given are for either the consumer’s personal use or non-commercial use and it can even identify prospective properties consumers who are interested in buying. The data is deemed reliable but is not guaranteed accurate by the MLS.
We are hoping that you gained a lot of information in this Piney Z home report and we are hoping that this article could help you buy a property in Piney Z.
Joe Manausa has been known to be a real estate broker veteran because he has been working on his company and he has managed it very well since 1992. Joe Manausa is also a blogger wherein his blogs provide contents which is all about real estate analytics thus, providing all his clients an advantage on what is happening to the market.