Experts Say Tallahassee is Best City in Florida for Real Estate

By: Jennifer Milton Email
By: Jennifer Milton Email

Tallahassee is at the top of the list when it comes to real estate in Florida.

That's according to local real estate analysts who say based on statewide and national data, Florida's capital city has the best market in the sunshine state.

In 2004, 96% of houses for sale were actually sold in Leon County, whereas in 2010, only 9% were sold.

But, at the end of last year, a higher increase of sales indicates our local housing market is improving.

Experts say if you are looking to purchase a home, now is the best time to buy.

"There's a good supply of homes out there, a lot to choose from, but you need to consider another impact, and that is the interest rates. A lot of you have been sitting by the sides, and waiting. Well, interest rates are creeping up so you need to get out there and start getting a home now before it goes up higher," said Tallahassee Real Estate Analyst Don Pickett.

Florida Real Estate experts say some of the worst markets in the state include Orlando and other areas of south Florida.

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  • by PrezNixon Location: tally on Feb 7, 2011 at 12:12 PM
    Yeah right, try selling your house in Tallahassee for a decent price.
  • by Joe Location: Lake Jackson on Feb 7, 2011 at 11:45 AM
    I say these experts are WRONG WRONG WRONG
  • by TALLY Location: HERE on Feb 7, 2011 at 11:44 AM
    HaHaHa who wants to buy in Tallahassee now, this place has gone mad, people killing each other just about every other day and places getting robbed, cannot wait for the day I can move away from here, been in Tallahassee for nearly 26 years and its so scary here now
  • by Master Blaster Location: Tally on Feb 7, 2011 at 10:27 AM
    The market is best for who, buyers or sellers?? For the record, the ONLY reason real estate didn't tank in Tally like it did in the rest of the state is because of the large percentage of residents here who are insulated from the real world because they work for the state. The people in South FL (you know, the ones who actually generate any money for the state) suffered like the rest of the nation.
  • by rj Location: leon county on Feb 7, 2011 at 09:38 AM
    Times must be really bad if Tallahassee is the best city for real estate.
  • by Kevin aka Reality Location: Monticello on Feb 7, 2011 at 06:05 AM
    Even better ...with most Educated , EEO "Undesirable" folks Un employed , this is a Great Opportunity for Section 8 people , New Yorkers , and Foreigners. Buy em up!!!
  • by Anonymous on Feb 7, 2011 at 04:47 AM
    gravelyconcern, Have you looked at the real estate market in Tallahassee. There are some overpriced areas, but prices have dropped all over town. I don't think you really know what you are talking about.
  • by gravelyconcern Location: S.FL on Feb 6, 2011 at 06:44 PM
    Tallahassee is the best city in FL real estate with so many houses for sale because the prices in that area never dropped much. You can purchase a fairly new 2,000sq.ft. house in central and south FL for about $110,000 in a gated community; whereas in Tallahassee that same house will be no less than $250,000. Tallahassee will probabaly be the Best City in FL for real estate until they bring the prices down to a reasonable today's price. If not, then you guys will continue to have an abundance of empty houses up there for sale.
  • by tom Location: madison on Feb 6, 2011 at 05:40 PM
    Washington DC is also booming......the government steals money from its subjects and spreads it out around it's castle.....can we rename Tallahassee Little D.C.?
  • by Reality aka Kevin Location: Monticello on Feb 6, 2011 at 05:18 PM
    Wonderful , now a Bunch of Northern Liberals can buy it all up and squeeze out Hard working , broke Southern American , Pro Flag folks. Just Great , another Miami .
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