Bull Run Home Value Update

Tallahassee's Bull Run neighborhood continues to do well in home sales.  During the January through April period of 2015, there was $6.2 million in home sales volume, up significantly over the $5.1 million in 2014.  The median sales price in 2015 stands at $302,950. The median price in 2014 for the same period was $284,900. Supporting the scenario for higher home values is the fact that the median price-per-square-foot in 2015 is up to $155, much higher than the $144 price in 2014.  With the improving economy, we should continue to see a rise in Tallahassee home values, especially in desired neighborhoods such as Bull Run.