For all its problems as a search engine Trulia has some great
statistics and interactive maps.
They just released their “Price Reductions Map”
In 32308, a representative Tallahassee zip code, the average listing
is on the market 81 days before an average 8% price reduction. And
there is a 38% chance of a second reduction.
Good information for buyers and sellers. Buyers- look for listings
that have been on the market for a few months. Sellers- Price your
See the full map here:
Barry Bevis, Broker/Realtor