Tallahassee Southwood • Listings & Housing Report May 2022

Southwood Educational facilities

Southwood is property to two extremely preferred faculties, Florida Higher and John Paul II (Catholic Superior School), although the Leon County colleges that provider Southwood consists of:

In this report, we will glimpse at average residence rates, residence values, and dwelling sizes in Southwood, as well as a desk of the most new just one thousand closed residence profits in Southwood.

For the actual estate graphs located in this report, you will locate the range of closed house product sales for each and every yr (purple columns, calculated on the still left vertical axis), and an important actual estate statistic revealed in blue (calculated on the proper vertical axis).

It is crucial to note that the narrative contained down below is for income by means of December for all earlier many years, but via the initial 4 months of April in 2022. The graphs and the closed sales table will be consistently up-to-date into the upcoming (that means bookmark the Southwood Neighborhood Web page if you often want to know the recent status of properties in Southwood).

Southwood Home Price ranges

The common property selling price in Southwood has risen nearly 12% in 2022 when when compared to last year’s ordinary.

Consequently significantly in 2022, the typical price of the houses sold in Southwood has risen to $463K, a new all-time significant once-a-year common that is swiftly approaching $500K!

Need for Southwood stays considerably solid. At this time, there are 31 homes for sale in Southwood and 25 (81%) households are presently below deal with customers.

Southwood Home Values

With roughly 10% of this year’s income becoming new design, the average home benefit in Southwood is skewed a bit greater and should be adjusted when working to come across the benefit of an existing residence. However, property values in Southwood are soaring, up additional than 9% currently in 2022.

For the fourth yr in a row, Southwood has set a new all-time higher yearly normal house benefit at $201 for every sq. foot.