Some Neighborhoods Are The Perfect Bell Weather For An Area

Homes in Tallahassee neighborhood Killearn Lakes have dropped in value by more than a third since the peak of the housing market.

As one of the most popular neighborhoods in Tallahassee, Killearn Lakes offers a great representative view of homes in Tallahassee, and currently there are 42 homes for sale in Killearn Lakes Plantation.

In the graph on the right, the green vertical bars show the number of arms length home sales each year, the red shows the number of distressed home sales each year, while the brown line measures the average price of homes in Tallahassee neighborhood Killearn Lakes that were sold each year.

The number of distressed homes in Tallahassee in Killearn Lakes Plantation is rising, while the average price is falling.

Killearn Lakes Is A Bell Weather

When we assemble a graph of average home prices in Killearn Lakes, we find a continuous slide of real estate depreciation which has reach 35% for homes in Tallahassee (Killearn Lakes).

This seems fairly consistent with the rest of the Tallahassee real estate market, and it means that most of us have lost about 1/3rd of the the value of our homes since 2007.

In the real estate graph on the left, the blue bars measure the total number of sales each year, while the red line plots the average value of homes in Tallahassee neighborhood Killearn Lakes.

Recent Home Sales In Killearn Lakes Plantation

The following map shows the recent sales of homes in Tallahassee neighborhood Killearn Lakes Plantation.

For the map to show correctly, you have to click through to visit the Tallahassee Real Estate Blog, then you will find the interactive map where each point tells you the home address, price, location and value.

Recent Sale Of Homes In Tallahassee Killearn Lakes