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Summerbrooke Home Values Cool Off in 2014

8/24/2014

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Summerbrooke Home Values Cool Off in 2014 as the number of sales in Summerbrooke, and all of Tallahassee dips slightly.  For 2014 months January through July, there were 22 home sales, down from 31 sales during the same period in 2013.

Summerbrooke home values also appear to have decreased slightly.  So far in 2014, the average selling price is $334,309.  In 2013, the price was 361,661.  Prices can be skewed by the size and quality of the homes sold, so we can look at the average price per square foot sold to compensate for different size homes.  In 2014 the average price per square foot was $120, down slightly from $122 in 2013.  These factors would tend to indicate that Summerbrooke home values have dipped slightly, or remained flat at best during 2014. 

Summerbrooke Home Values 2014
Home Sales              22
Average Sale Price   $334,309
Median Sale Price     $332,500
$/square foot           $120

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