Falling Tallahassee Home Values Force Sellers Hand

Tallahassee home values continue to fall, and the window is closing for sellers who hoped to take advantage of the Summer selling season.

Historically, the surge of home sales that occurs prior to the launch of a new school year slows when it is no longer possible to buy a home and move in before the start of the school year. It is just prior to that point that we typically see sellers get their highest Tallahassee home values.

Using a little backwards planning, that magic date this year should occur near the end of June. Most people want to be in at least 1 week prior to the August 20th first day of school, and the average length of time it takes to go from contract to closing is between 40 and 50 days. That means we are only days away from that historical peak.

Smart Idea - Contact Joe Manausa In Tallahassee, FloridaIf you want to get your home sold at its highest price possible this year, you need to be employing an aggressive internet marketing plan RIGHT NOW. If you want to see what our Targeted Home Selling Plan can do for you, simply drop me a note and we can schedule a time to demonstrate how we will sell your home before the start of the new school year.

Tallahassee Home Values Continue To Decline

The real estate graph below shows that real estate depreciation in Tallahassee has not ceased. Average Tallahassee home values are approaching the $90 per square foot level, and everything points to a continuation of the 5+ year trend. If you want to sell a home, you are racing the clock.

Tallahassee Home Values CENTURY 21 Manausa and Associates 1140 Capital Circle SE #12A Tallahassee, FL 32301 (850) 366-8917 www.manausa.com

Sellers must understand that there are more sellers than buyers in the market, and a rush of foreclosures, short sales, and bank owned properties are moving towards the market. Tallahassee home values are higher now than they will be next year!

Tallahassee Home Values Versus Prices

Often times, we receive reports on the average home price in Tallahassee and make the mistake of believing it has something to do with Tallahassee home values.

Tallahassee Home Values And Prices CENTURY 21 Manausa and Associates 1140 Capital Circle SE #12A Tallahassee, FL 32301 (850) 366-8917 www.manausa.com

Prices are what buyers can spend right now (think low interest rates = higher price), whereas Tallahassee home values show what they can get for their money. Over the long-term, they generally move in the same direction, but they can oppose each other in the short term (as we are seeing now).

If you want to take advantage of the hottest time of year to sell your home (with the top Tallahassee home values), just contact me today for a free real estate strategy session.

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Last modified: September 11, 2013
About Joe Manausa

Joe Manausa, MBA is a 22+ year veteran of real estate brokerage in the State of Florida and has owned and managed his own company since 1992. He is a daily blogger with content that focuses on real estate analytics and providing his clients with a tactical advantage in today's challenging market.

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