Lakeshore Estates Tallahassee • Listings And Sales Feb 2020
Lakeshore Estates Tallahassee • Listings And Sales Feb

Lakeshore Estates Schools

The Leon County public schools serving the residents of Lakeshore Estates include:

In this report, we will look at average home price trends, average home value trends, and average home sizes in Lakeshore Estates, as well as show current listings in the Tallahassee MLS and 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 the first few days of February in 2020. 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 Lakeshore Estates).

Lakeshore Estates Average Home Prices

Average home prices in Lakeshore Estates have dropped this year after also dropping last year. Does this mean buyers should expect prices to keep coming down?

Absolutely not. Average home prices in Lakesure Estate, like almost all of the Tallahassee real estate market, will see rapidly rising prices due to appreciation this year. Before you think that this neighborhood is bucking the local trend, check out the following two graphs to see what is really going on.

Home sales activity is very good in Lakeshore Estates. Currently, there are three homes for sale in Lakeshore Estates and one of them is already under contract. In the not-so-distant future, we will look back at these home prices with disbelief. Lakeshore Estates UNDER $200K is a steal!

Lakeshore Estates Average Home Values

Average home values in Lakeshore have soared 10% higher early in 2020, with an average value of $132 per square foot.

The average home value in Lakeshore Estates in 2020, after just two small home sales, is not something we can consider to accurately reflect market values. As you’ll see in the following graph, smaller than average homes have sold thus far. When all other things are equal, smaller homes sell for a higher dollar per square foot than do larger homes.

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