Sell your Tallahassee home
You're a few seconds away from getting an offer for your Tallahassee home.
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You're a few seconds away from getting an offer for your Tallahassee home.
The Tallahassee housing market is somewhat competitive. Homes in Tallahassee receive 2 offers on average and sell in around 65 days. The median sale price of a home in Tallahassee was $294K last month, +14.0% since last year.
Even though the market has shifted across the U.S., Tallahassee is still a good market to sell your home.
In the last 30 days, homes for sale in Tallahassee, FL sold for a median price of $294K, +14.0% compared to the same period last year. The median price per square foot was $190, +4.4% year-over-year. There were 156 homes sold, down from 642 last year. Homes typically received 2 offers and stayed on the market for around 65 days.
Andy will help you get the best offer in Tallahassee with no repairs or showings.
Selling a home can be both exciting and daunting, especially if you're aiming to get the best price possible in Tallahassee’s real estate market. With the average days on market at 65 days, and the median sale price reaching $294,000, your strategy matters. Whether you're considering a few tweaks or pondering a major remodel, understanding current trends and buyer expectations can significantly impact your selling price. Here’s how you can boost your home's value and appeal.
Tallahassee’s housing market is on a steady climb, with a 14% year-over-year increase in median sale price. Demand continues to outstrip supply, with only 642 homes on the market compared to 156 sold recently. These figures suggest a favorable climate for sellers but also highlight the need for strategic positioning to stand out.
While you might be tempted to overhaul every corner of your home, focus on renovations that promise the highest return on investment (ROI). Here are the top choices:
Buyers today are more cautious and budget-conscious due to rising mortgage rates. With an average down payment hovering around 20%, there's a push towards affordability. Keeping your home at a competitive median list price of $269,000 or about $187 per square foot can attract more offers, currently averaging two per sale.
If major renovations feel overwhelming or beyond your budget, consider selling directly to Frontdoor. This option allows you to bypass time-consuming and costly renovations, offering a streamlined selling process.
Tallahassee’s robust local economy, driven by public administration and education, supports a steady demand for housing. Understanding these economic drivers can help you position your home as a desirable option for potential buyers who value proximity to employment centers.
While the market continues on its growth trajectory, future interest rate changes and economic uncertainties could affect demand. Staying informed through local real estate sources and partner agencies will arm you with the latest insights and strategic advice needed to make informed selling decisions.
Embarking on the journey of selling your home in Tallahassee doesn’t have to be overwhelming. With the right mix of market insight and strategic renovation, you can enhance your home’s appeal and ensure a smooth and profitable sale. Happy selling!
Start by listing all the special features and upgrades in your home. Highlight unique aspects like a new roof, remodeled kitchen, or a large backyard. Make your home stand out to get better offers.
Look at recent sales in your area to understand how your home stacks up. Check the size, age, and condition of nearby homes. This helps you set a competitive price and understand the local market trends.
Consult with a local real estate expert who knows the Tallahassee market inside and out. They can provide insights on pricing strategies and help you make informed decisions.
