As we continue our review of the hottest selling neighborhoods in Tallahassee, we discover that Ox Bottom Manor has seen house sales accelerate due to incredibly low home values.

We recently found in our Summerbrooke Home Sales Report that low home values were attracting buyers, and it appears the same is true for neighboring Ox Bottom Manor.

Ox Bottom House Sales

Currently, there are 17 homes for sale in Ox Bottom Manor, which at the current rate of sales means that sellers are getting sold faster than at any time in the past seven years.

In the real estate graph above, the average number of existing house sales each month is shown in blue, while the average number of arms length home sales are shown in green, and the average number of distressed home sales are shown in red.

Ox Bottom House Prices

There have been 28 houses sold in Ox Bottom Manor thus far in 2013, with an average sales price of $327,000. Buyers, buoyed by low mortgage interest rates are scooping up what they believe are great values, and our next graph shows them to be correct.

Ox Bottom House Values

House values in Ox Bottom Manor have not pushed off the market bottom yet, though the increased demand that we are seeing now will likely start to propel values higher. The average price per square foot of a home sold in Ox Bottom Manor this year is just $120, which is just slightly lower than its neighborhood to the North (Summerbrooke) which is at $122 per square foot.

Houses For Sale In Ox Bottom

The following map shows all of the homes for sale in Ox Bottom Manor. Simply hover over a marker and a picture of the home will appear, as well as limited information on the home. If you want to know more about the home, simply click on the picture and the entire detail page will be revealed.

Houses Sold In Ox Bottom