As I was helping a great Tallahassee real estate agent prepare an offer for a buyer on a home for sale in Southwood, I pulled a lot of data from the Tallahassee Board of REALTORS Multiple Listing Service (MLS) and summarized it for quick analysis. I figured the information would make for a quick “Southwood Real Estate Market Update.”

But I also received a comment on the Tallahassee Real Estate Blog asking the following:

Joe,

I’d love to see a break down between single family homes and condo (townhomes) for Southwood, since a lot of neighborhoods only have one or the other. Also the breakdown on new construction verses existing, again since some neighborhoods don’t have both. Also there is the factor that David Weekly was dumping their homes to exit the market and Beazer was pricing their product to help company cash flow.

Thanks, Doug S.

Well Doug, How do we explain the difference between resale pricing and new home pricing? [click to continue…]