Wakulla County real estate reporting is sporadic at best here at the Tallahassee Real Estate Blog. I focus my efforts on Leon County, as it is truly the heart of my market area. But every once in a while, I think it is important to see how our surrounding counties are performing in home sales.
This Wakulla County real estate report is happening today because I received a tip through our real estate survey asking that we keep reporting about Wakulla County on a regular basis. I mention this to point out how important your feedback is to determining the direction of what we address in this real estate blog.
So, if you have not taken the opportunity to take our five question real estate survey, please do it now. It takes less than a minute and you can have an impact on what is written about and how our future real estate site looks.
Wakulla County Home Sales Drop 65% From Market Peak
Wakulla County real estate sales appear to be mirroring those in the Tallahassee real estate market. The number of homes sold has dropped 65% since the peak of the market in 2006. Additionally, foreclosures are also on the rise.
This real estate graph shows us that sales (blue line) are falling, while foreclosures (red area) is rising. For a county that has very few foreclosures occurring in the past, we see the Wakulla County real estate market really starting to get active with foreclosures. The increased foreclosure activity is not surprising, as everywhere else in the State and in the Country is experiencing the same thing.
Wakulla County Average Real Estate Prices Continue To Fall
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