Four bedroom homes do not stay on the market long either. Of the 88 four bedroom homes for sale under $300,000 in the northeast section of Tallahassee, over 40% of them are already under contract. That is a remarkable rate! As with all homes in today's market, the most move-in ready homes are the most sought-after by homebuyers.
While most of the market has leveled off, and continues to slowing grow, the demand for nice four bedroom homes has greatly increased, helping their home values to increase faster than the rest of the market. For January and February of this year, the median sale price of four bedroom homes increased by 10% over the same period last year.
Four bedroom homes do not stay on the market long either. Of the 88 four bedroom homes for sale under $300,000 in the northeast section of Tallahassee, over 40% of them are already under contract. That is a remarkable rate! As with all homes in today's market, the most move-in ready homes are the most sought-after by homebuyers.
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Keenan Preferred Real Estate
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November 2016
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