Market Conditions in Piney Z>Question Details

Anessa, Home Buyer in Tallahassee, FL

What is the average price per square foot in piney z right now?

Asked by Anessa, Tallahassee, FL Thu Dec 6, 2012

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Dear Anessa,

Here are some Piney Z stats for the past 6 months as of December 18th, 2012:

- 1,300-1,600 sq. ft. homes:
5 Active: $112-125/sq. f.t, averaging at $118/sq. ft. & $176,000 list price
9 Sold: $98-116/sq. ft., averaging at $107/sq. ft. & $156,000 sales price

- 1,601-2,000 sq. ft. homes:
2 Active: $108-126/sq. f.t, averaging at $11/sq. ft. & $195,000 list price
8 Sold: $86-116/sq. ft., averaging at $100/sq. ft. & $177,000 sales price

- 2,001-2,500 sq. ft. homes:
6 Active: $100-131/sq. f.t, averaging at $116/sq. ft. & $253,000 list price
1 Pending: $95/sq. ft., & $265,000 list price
Sold: $91-125/sq. ft., averaging at $106/sq. ft. & $254,000 sales price

- 2,501-2,900 sq. ft. homes:
3 Active: $91-126/sq. f.t, averaging at $105/sq. ft. & $293,000 list price
1 Pending: $111/sq. ft., & $245,000 list price
2 Sold: $94-1114/sq. ft., averaging at $104/sq. ft. & $290,000 sales price

There is something to be said about the difference in the condition, caliber of finishes and location within Piney Z between the properties that go for top dollar and the the ones listed below $100/sq. ft. ;-).

I hope you find this info helpful! If you have any other questions about Piney Z or other Tallahassee area communities, I will be happy to assist you!

Merry Christmas & Happy New Year to You and your loved ones!

With service in mind,

Lena Seiler
Realtor
Advanced Realty Group
0 votes Thank Flag Link Tue Dec 18, 2012
Keep in mind that square footage costs do vary, and don't account for exact location and other considerations; therefore, it's really in your best interest to also review closed recently sold similar properties in the immediate area, and their final sales price...
0 votes Thank Flag Link Thu Dec 6, 2012
Hi. Piney Z is a lovely area with lots of amenities...club house, pool, walking trails, lakes. There are several different units in the neighborhood..and the size of the homes varies greatly. Homes with less than 2000 SF: sold: $102, listed for sale: $119. Homes with more than 2000 SF: sold $107, listed $113. That's a good guide for the last 6 months. However there are so many factors: condition, age, size, pools, screened porches, lot size & configuration & very important...distressed sales.
Are you aware that Piney Z also has a CDD...a community development fee which is paid very much like taxes? In some cases the homeowners have paid it off, if not it can add a rather substantial amount to annual dues. If you have additional questions or would like me to email you a Market Study on a particular home I'd be happy to do so.
If you want to look at homes in Piney Z or elsewhere I'd be happy to arrange that for you and of course if you or anyone you know needs to sell a home I'd welcome the opportunity to do a presentation. I provide a Guarantee of Service and a "Smooth Move" program too. And I have over 30 years of experience in selling homes in Tallahassee!
Hope this has been helpful to you.
Thanks, Ann
Ann Fisher, ABR, CRS, GRI
Broker/Owner, Ann Fisher Realty, Inc.
850-545-7275
0 votes Thank Flag Link Thu Dec 6, 2012
Hi Anessa,

The average price per square foot of all of the properties in Piney-Z that have sold within the last 6 months is $102.87. The average price per square foot of all of the properties in Piney Z that are currently listed for sale is $115.09.

When considering making an offer on a property, it's good to know the general information for the prices in the neighborhood, however, I would narrow it down a little bit by being more specific on the housing criteria such as number of bedrooms, bathrooms, square footage, lot size ect... This way you will get a more accurate value for the house you are interested in.

If you have a certain house in Piney Z in mind that you are interested in or if you have certain criteria that you are looking for in a house, I would be glad to talk to you and see if I can get you a more specific value for the type of home you are looking for in Piney Z.

Bobby Nahoom
(850) 567-0037
nahoom1171@yahoo.com
http://www.bobbynahoom.com
http://www.facebook.com/bobbynahoomrealestate
0 votes Thank Flag Link Thu Dec 6, 2012
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