It depends on who is measuring. Everyone's method is a little different in terms of timing and what houses are included and how the index is computed.
According to OFHEO, a government agency, single-family homes appreciated on average 5.29% in the 12-month period between the 2nd quarter of 2006 and the 2nd quarter of 2007.
According to the National Assocation of Realtors, the median sale price increased 3.5% over the same period.
Zillow.com shows Tallahassee prices decreased 0.3% in the past 12 months. They have a lot of cool information at the level of specific homes too.What is the real estate appreciation rate of Tallahassee, FL?
Read the business news, FL is in a state of depreciating values, large depreciation, topped only by CA, NV and MI
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