If you want a simple and singular bellwether for the Tallahassee real estate market, you can use Killearn Estates home sales as a guide to the housing market recovery for most areas.
As one of the most active neighborhoods in Tallahassee, there are 46 homes for sale in Killearn Estates and they are starting to see the number of sales increase.
The graph above shows that both arms length home sales and distressed home sales are rising (where roughly 1 in every 6 Killearn Estates home sales is a short sale, foreclosure or bank owned property).











