Lafayette Oaks Tallahassee • Listings & Real Estate Report July 2019

0
30
Lafayette Oaks Tallahassee • Listings & Real Estate Report July 2019
Lafayette Oaks Tallahassee • Listings Real Estate Report July


Lafayette Oaks Schools

The Leon County Public Schools servicing Lafayette Oaks include:

In this article, we have created 3 graphs which identify average home prices, average home values, and average home sizes in Lafayette Oaks, as well as included a table of all closed home sales going back to 1991.

For all of the graphs in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis).

It is important to note that the narrative contained below is for sales through December for all previous years, but through three weeks in July in 2019. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of homes in the Lafayette Oaks).

Lafayette Oaks Average Home Prices

The average home price in Lafayette Oaks moved nearly 8% higher in 2019, the fourth consecutive year of rising prices.

The current average home price in Lafayette Oaks is $383,500, nearly 7% higher than home prices reached during the peak of its housing market back in 2008.

Home sales activity in Lafayette Oaks remains super hot. Currently, there a three homes for sale in Lafayette Oaks, and two are under contract (the two Joe Manausa Real Estate were hired to sell).

Lafayette Oaks Average Home Values

Unlike most Tallahassee neighborhoods, Lafayette Oaks home values have hit a record high and continue to rise. With the roadwork finally completed on Mahan Drive, buyers are flocking to this gated community in a great location.

The average value of a home sold in Lafayette Oaks in 2019 is $145 per square foot, up nearly 6% from the 2018 average.





Source link