32308 Real Estate Report Shows Falling Home Values

I am often asked if I will publish a housing report for a specific area or specific Tallahassee neighborhood, and perhaps the most requested is the 32308 real estate report.

The 32308 zip code is home to some very popular Tallahassee neighborhoods, such as Betton Hills, Park Charleston and Eastgate. The 32308 real estate report could well be classified as the heart of residential Tallahassee.

If you need to sell a home in the 32308 zip code, then I urge you to “hire the best,” and to price your home correctly. Falling values leaves failed home sellers with a home that will sell for less in the near future.

Home Prices In The 32308 Real Estate Report

Home prices in the 32308 real estate report are falling again. We know from past reports that often times the average price of homes in a certain area might be on the rise, even when property values are falling. That trend has ended in this area and prices have now joined values, and they are on the decline.

Home Prices In The 32308 Real Estate Report

Home Values In The 32308 Zip Code

Home values in the 32308 real estate report have dropped below an average of $105 per square foot, a level last seen in 2004. That means current values are consistent with values in late 2003, and we know that they will continue to fall as the glut of supply continues to pressure a market that is struggling to stimulate demand, due to the thousands of potential buyers who are current trapped in a home with more mortgage than value.

Home Values In The 32308 real estate report

Recent Home Sales In The 32308 Real Estate Report

Neighborhood Address SP Price/ SQF Closing Date Year Built SQF
Betton Place 2072 Trescott Drive $110,000 $49 2/14/2012 1968 2,233
Lucerne At Woodlands 3217 Rosa Ct $177,500 $98 2/10/2012 1991 1,811
Lafayette Oaks 2212 Napoleon Bonaparte $225,000 $100 2/3/2012 1978 2,256
Betton Hill 1531 Belleauwood Drive $237,000 $112 2/1/2012 1960 2,118
Park Charleston 3323 Harbor Club Dr. (Pch10B) $261,229 $136 1/31/2012 2011 1,920
Cottages Of Miccosukee 1627 Miccosukee Loop $140,000 $86 1/30/2012 2007 1,628
Woodgate 1509 Woodgate Way $175,000 $92 1/30/2012 1972 1,893
Park Charleston 1481 Harbor Club Dr $190,000 $108 1/25/2012 2006 1,760
Talaflo Terrace 418 Hillcrest Street $186,500 $131 1/17/2012 1940 1,419
Vieux Carre 1432 Vieux Carre $385,000 $171 1/17/2012 2001 2,248
Betton Hills 1532 Belleau Wood Drive $415,000 $147 1/13/2012 2007 2,827
Melrose Park 509 Martin Street $222,000 $145 1/13/2012 2011 1,530
Southern Oaks 4961 Southern Oaks Dr $400,000 $92 1/12/2012 1966 4,350
Betton Hills 2122 Jenette St $180,000 $147 1/10/2012 1955 1,225
Centerville Trace 3698 Corinth Drive $165,000 $101 1/6/2012 1990 1,635
Eastgate 2333 Eastgate Way $132,000 $104 12/30/2011 1977 1,270
Centerville Townhouses 1625 Centerville Rd $97,500 $75 12/29/2011 1973 1,292
Lafayette Park 702 Miccosukee Road $160,000 $111 12/27/2011 1951 1,445
Betton Hill 2261 Trescott Drive $235,000 $105 12/20/2011 1959 2,232
Ashton Woods 2716 Laurelwood Lane $140,000 $92 12/16/2011 2003 1,514
Ashton Woods 2490 Laurelwood Ct. $115,000 $76 12/15/2011 2003 1,514
Park Charleston 1524 Harbor Club Drive $185,000 $100 12/15/2011 2007 1,847
Meadowbrook 733 Lupine Ln. $135,000 $90 12/14/2011 1986 1,498
Park Charleston 1662 Osprey Pointe $217,500 $123 12/12/2011 2007 1,764
Betton Hills 2744 Everett  Lane $342,000 $93 12/9/2011 1979 3,659
Centre Pointe Village 1907 Mallory Square $160,000 $123 12/9/2011 2003 1,304
Forest Green 2060 White Ash Way $173,500 $106 12/6/2011 1984 1,641
Centre Court 2162 Kinsley Lane $134,000 $107 11/30/2011 2000 1,250
Chateau Lafayette 3394 Tansey Court $108,000 $80 11/30/2011 1994 1,344
Old Town 1201 Lucy Street $365,000 $131 11/30/2011 1958 2,797
Eastgate 2783 Raintree Circle $135,999 $106 11/30/2011 1976 1,280
Betton Hills 2125 Trescott Dr $285,000 $113 11/21/2011 1981 2,517
Park Charleston 1625 Harbor Club Drive $207,000 $101 11/18/2011 2006 2,054
Betton Hill 1520 Argonne Rd $282,000 $96 11/16/2011 1959 2,929
Kuhlacres 1518 Kuhlacres $168,000 $112 11/15/2011 1953 1,504
Magnolia Place 631 Chancey Lane $375,000 $90 11/9/2011 1941 4,181
None 4526 Maylor Road $165,000 $99 11/3/2011 1980 1,671
Park Charleston 3373 Shadowmoss Dr. (Pch14) $245,900 $128 11/2/2011 2011 1,920
Brookfield 465 Teal $105,000 $94 10/31/2011 1981 1,116
Residences At Whispering Pines 2731 Blairstone Road $23,000 $33 10/30/2011 1972 701
Betton Hills 2002 Ellicott Dr $200,000 $110 10/28/2011 1975 1,820
Eastgate 2017 Eastgate Way $145,000 $106 10/28/2011 1975 1,365
Betton Oaks 1769 Brown Street $220,000 $115 10/28/2011 1979 1,919
Shadowlawn 4746 Maylor Rd $140,000 $85 10/28/2011 1972 1,648
Eastgate 3004 Eastgate Ct $84,000 $72 10/26/2011 1981 1,165
Miccosukee Hills 1912 Brown Street $117,500 $92 10/24/2011 1971 1,281
Windsor Hills 1122 Buckingham Dr $116,000 $58 10/24/2011 1960 1,992
Betton Oaks 1801 Brown Street $189,000 $98 10/24/2011 1980 1,933
Premier Place 3031 Thomasville Road $375,000 $163 10/21/2011 2010 2,297
Betton Hill 2308 Armistead Road $180,000 $128 10/20/2011 1965 1,404
Eastgate 2540 Bedford $75,200 $45 10/19/2011 1974 1,661
Brockswood Park 1026 Mcclendon Drive $195,000 $102 10/19/2011 1951 1,919
Brockswood Park 1232 Devils Dip $105,000 $60 10/14/2011 1959 1,746
Melody Hills 2001 Lawson Road $150,000 $102 10/14/2011 1979 1,466
Park Charleston 3399 Shadowmoss Dr (Pch19) $229,550 $132 10/7/2011 2011 1,740
Betton Hills 2205 Armistead Road $165,000 $80 10/4/2011 1972 2,065
Hidden Valley 3301 Thomas Butler Road $90,000 $83 10/3/2011 1983 1,080
Betton Woods 2569 Noble Dr $425,000 $111 10/3/2011 1991 3,836
Legacy Park 3494 Chatelaine Court $115,000 $82 9/30/2011 1999 1,400
Brandt Hills 1213 Talbot Avenue $160,000 $104 9/30/2011 1970 1,540
None 3015 Thomasville Road $360,000 $104 9/30/2011 1950 3,461
Tallahassee Highlands 2481 Pennlyn Drive $127,000 $94 9/30/2011 2011 1,350
Forest Green 2054 Pepperidge Way $157,500 $104 9/29/2011 1985 1,521
Brandt Hills 1720 Dora Avenue $189,500 $72 9/28/2011 1963 2,619
Eastgate 2420 Ne Dundee Drive $100,000 $50 9/27/2011 1974 1,982
Ashton Woods 2462 Laurelwood Court $125,000 $86 9/26/2011 2003 1,451
Rose Hollow 3188 Brockton Way $136,900 $110 9/22/2011 1985 1,246
Lucerne At Woodlands 1419 Denholm Drive $198,000 $96 9/21/2011 1989 2,056
Clifford Hill Place 3859 Lana Circle $85,000 $52 9/16/2011 1974 1,640
Eastgate 2512 Bedford Way $161,900 $112 9/13/2011 1974 1,450
Briar Chase 2833 Alexis Lane $149,500 $100 9/12/2011 2003 1,495
Raintree 1952 Rain Valley Court $87,500 $91 9/9/2011 1986 960
Brandt Place Townhouses 992 Marys Drive $149,750 $93 9/9/2011 1981 1,610
Evening Rose 1626 Cottage Rose Lane $160,000 $100 9/2/2011 2007 1,601
Woodberry 2644 Fairmount Ln $143,000 $89 8/31/2011 2003 1,600
Betton Hills 2613 Marston Rd $284,500 $103 8/31/2011 1970 2,767
Capital Hills 929 Carraway Street $49,000 $61 8/30/2011 1962 800
Meadowbrook 2388 Wintergreen Road $168,000 $116 8/30/2011 1984 1,452
Centerville Trace 3029 Harpers Ferry Dr $220,000 $115 8/28/2011 1987 1,906
Hickory Ridge 2825 Pine Ridge Rd $250,000 $109 8/26/2011 1971 2,291
Lafayette Oaks 2205 Napoleon Bonaparte Drive $230,000 $72 8/26/2011 1982 3,214
Centerville Trace 3060 Bell Grove Drive $180,000 $93 8/25/2011 1991 1,928
Oak Park Properties 1012 Cherry Laurel St $45,000 $46 8/25/2011 1947 980
Ben-Mor Hills 806 Timberview Drive $160,000 $93 8/19/2011 1964 1,725
Melody Hills 2121 Ted Hines Drive $160,000 $114 8/19/2011 1986 1,407
Forsythe Park 4021 Forsythe Way $180,000 $102 8/16/2011 2000 1,766
Gramercy Place 3267 Gramercy Place $175,000 $102 8/15/2011 2008 1,720
Meadowbrook 2422 Beautyberry Court $195,000 $99 8/12/2011 1996 1,962
Marston Place Unrec 1750 Marston Place $385,000 $138 8/1/2011 1979 2,800
Betton Hill 2231 Trescott Drive $143,000 $78 7/29/2011 1958 1,824
Betton Hills 2132 Armistead Road $285,000 $127 7/29/2011 1970 2,247
Eastgate 2624 Bedford $112,000 $98 7/29/2011 1973 1,144
Eastgate 2136 Danshire $149,900 $106 7/29/2011 1978 1,418
Brockswood Park 1209 Claude Pichard Drive $363,000 $151 7/28/2011 2008 2,400
Betton Hills 2514 Harriman Cir $650,000 $174 7/27/2011 2006 3,728
Royal Oaks 2904 Brey Ct $206,500 $85 7/22/2011 1986 2,425
Melody Hills 1932 Lawson Road $145,000 $109 7/22/2011 1974 1,331
Windsor Oaks 2020 Windsor Oaks Street $197,500 $110 7/18/2011 2005 1,799
Chateau Lafayette 4127 Silkbay Court $105,000 $80 7/15/2011 1995 1,308
Eastgate 2724 Bedford Way $55,000 $38 7/15/2011 1974 1,456
Betton Hill 1522 Argonne Rd $250,000 $87 7/15/2011 1957 2,890
Betton Hill 1317 Lemond Street $218,000 $126 7/15/2011 1955 1,731
Betton Oaks 1558 Goodwood Drive $166,400 $106 7/15/2011 1976 1,575
Evening Rose 1667 Brush Hill Rd $340,000 $134 7/14/2011 2008 2,541
Brockswood Park 1101 Browning Drive $180,000 $123 7/11/2011 1954 1,464
Sandcastle Woodlands 2156 Pink Flamingo $185,000 $95 7/6/2011 1993 1,938
Woodgate 3112 Briarwood Drive $165,000 $106 7/5/2011 1973 1,550
Betton Hills 2223 Trescott Drive $263,000 $102 7/1/2011 1956 2,576

Thank you for checking out the 32308 real estate report, come back again for this and other zip codes in the Tallahassee real estate market.

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Last modified: September 6, 2013
About Joe Manausa

Joe Manausa, MBA is a 22+ year veteran of real estate brokerage in the State of Florida and has owned and managed his own company since 1992. He is a daily blogger with content that focuses on real estate analytics and providing his clients with a tactical advantage in today's challenging market.

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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the MLS.

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