A hugely popular Northeast Tallahassee neighborhood in the 32309 zip code is Killearn Acres.
It can often be said, as goes Killearn Acres, so too goes the Tallahassee real estate market. This is especially true today.
Currently, there are 23 homes for sale in Killearn Acres, and buyers will be pleasantly greeted by 2002 home valuations. You can find homes priced from $109,900 all the way up to $225,000, but the current average sales price is just over $132,000.
Imagine, it’s like going back 10 years to buy a home, accept this time you get incredibly low interest rates.
Killearn Acres Home Prices
Our first real estate graph shows that average home prices in Killearn Acres have fallen 38% since the peak of the housing market.
Also, note the rate of growth of distressed property sales (4 out of 6 sales this year) as a percentage of the market (red is distressed, green is arms length).
Killearn Acres Home Values
Home values have declined in a similar manner. Though we don’t have specific data for 2002, it is obvious that values have dropped back to 2002 or even prior.
The key will be to monitor new lis pendens filings and foreclosure activity in Killearn Acres. If we see a continued rise in activity, we will know that pricing pressure will remain a constant for the foreseeable future.
As with any other neighborhood in Tallahassee, home sellers need to utilize a smart plan of action to ensure that they get top dollar in this declining market.
Recent Home Sales In Killearn Acres
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 6483 Joe Cotton | $70,133 | $52 | 3/30/2012 | 1982 | 1,356 | Distressed |
| 6705 Tim Tam Trl | $189,000 | $116 | 3/28/2012 | 1983 | 1,636 | Arms Length |
| 3135 Swaps Trail | $90,000 | $72 | 3/22/2012 | 1981 | 1,248 | Distressed |
| 3129 Swaps Trail | $145,000 | $119 | 3/7/2012 | 1981 | 1,220 | Distressed |
| 6539 Kingman Trail | $130,000 | $79 | 2/24/2012 | 1979 | 1,654 | Arms Length |
| 6433 Jet Pilot | $172,100 | $84 | 2/17/2012 | 1983 | 2,054 | Distressed |
| 6301 Count Fleet Trl. | $415,000 | $195 | 12/22/2011 | 2011 | 2,130 | Arms Length |
| 6720 Kauai King Trl | $192,000 | $99 | 12/21/2011 | 1988 | 1,940 | Arms Length |
| 6751 Johnstown Loop | $163,000 | $112 | 12/5/2011 | 1990 | 1,452 | Arms Length |
| 3128 Swaps Trail | $138,000 | $93 | 11/17/2011 | 1986 | 1,479 | Arms Length |
| 6448 Joe Cotton Trail | $150,000 | $75 | 11/10/2011 | 1982 | 1,996 | Arms Length |
| 6409 Forward Pass Trail | $77,500 | $50 | 10/24/2011 | 1990 | 1,560 | Distressed |
| 6721 Tim Tam Tr | $179,000 | $117 | 10/17/2011 | 2005 | 1,526 | Distressed |
| 6420 Count Turf Trail | $176,000 | $123 | 10/14/2011 | 1982 | 1,434 | Arms Length |
| 3109 Elwood Trail | $145,000 | $95 | 9/30/2011 | 1984 | 1,532 | Arms Length |
| 6618 Man O’ War Trail | $126,500 | $82 | 9/22/2011 | 1983 | 1,547 | Distressed |
| 6464 Cavalcade Trail | $155,000 | $112 | 9/22/2011 | 1998 | 1,380 | Arms Length |
| 6405 Cavalcade Trail | $163,000 | $99 | 9/14/2011 | 1983 | 1,653 | Arms Length |
| 5328 Ben Brush Trail | $210,000 | $94 | 9/9/2011 | 1983 | 2,236 | Arms Length |
| 6724 Johnstown Loop | $170,000 | $86 | 8/31/2011 | 1979 | 1,970 | Distressed |
| 6436 Joe Cotton Trail | $136,500 | $89 | 8/29/2011 | 1988 | 1,530 | Distressed |
| 3141 Whirlaway Trail | $200,000 | $66 | 7/29/2011 | 1978 | 3,035 | Arms Length |
| 3310 Lord Murphy Trail | $177,750 | $93 | 7/29/2011 | 1996 | 1,904 | Arms Length |
| 6500 Carry Back | $160,000 | $118 | 7/25/2011 | 1985 | 1,354 | Arms Length |
| 6524 Kingman Trail | $155,000 | $97 | 7/20/2011 | 1990 | 1,590 | Arms Length |
| 6447 Bold Venture Trail | $125,000 | $87 | 7/7/2011 | 1984 | 1,440 | Arms Length |
| 6423 Joe Cotton Trail | $150,000 | $113 | 7/7/2011 | 1984 | 1,329 | Arms Length |
| 6636 Kingman Trail | $175,000 | $92 | 6/30/2011 | 1984 | 1,900 | Arms Length |
| 6475 Joe Cotton Trail | $163,000 | $122 | 6/30/2011 | 1987 | 1,335 | Arms Length |
| 6428 Bold Venture Trail | $110,000 | $91 | 6/28/2011 | 1984 | 1,207 | Distressed |
| 6531 Man O War Trail | $159,900 | $99 | 5/31/2011 | 1980 | 1,617 | Arms Length |
| 4909 Pimlico Dr | $169,450 | $111 | 5/27/2011 | 1986 | 1,523 | Arms Length |
| 3131 Lookout Trl | $180,000 | $100 | 5/17/2011 | 1983 | 1,797 | Arms Length |
| 3136 Lookout Trail | $182,000 | $98 | 5/10/2011 | 1987 | 1,864 | Arms Length |
| 3241 Majestic Prince Trail | $183,000 | $89 | 5/4/2011 | 1982 | 2,055 | Arms Length |
| 4736 Pimlico Drive | $145,000 | $71 | 4/15/2011 | 1984 | 2,042 | Distressed |
| 3237 Majestic Prince Trail | $167,000 | $96 | 3/31/2011 | 1979 | 1,748 | Arms Length |
| 6408 Kingman Trl | $170,000 | $127 | 3/23/2011 | 1989 | 1,339 | Arms Length |
| 6719 Johnstown Loop | $136,000 | $95 | 3/17/2011 | 1979 | 1,429 | Distressed |
| 3400 Gallant Fox Trl | $95,000 | $50 | 2/28/2011 | 1980 | 1,885 | Distressed |
| 3239 Lord Murphy Trl | $169,000 | $118 | 2/18/2011 | 1988 | 1,435 | Arms Length |
| 6720 Apollo Trail | $160,000 | $79 | 1/31/2011 | 1985 | 2,032 | Arms Length |
| 3023 Whirlaway Trail | $150,000 | $101 | 1/31/2011 | 1987 | 1,482 | Arms Length |
| 3176 Whirlaway Trail | $195,000 | $75 | 12/20/2010 | 2008 | 2,600 | Distressed |
| 3324 Gallant Fox Trail | $167,000 | $110 | 12/1/2010 | 1977 | 1,516 | Arms Length |
| 6510 Omaha Trail | $167,765 | $105 | 11/15/2010 | 1981 | 1,591 | Arms Length |
| 6834 Hill Gail Trail | $122,500 | $83 | 11/1/2010 | 1984 | 1,470 | Distressed |
| 6711 Alan A Dale Trail | $89,900 | $66 | 10/25/2010 | 1983 | 1,360 | Distressed |
| 6809 Donerail Trail | $175,000 | $82 | 10/22/2010 | 1988 | 2,140 | Arms Length |
| 6435 Count Turf Trl | $196,000 | $126 | 10/15/2010 | 1977 | 1,552 | Arms Length |
| 6712 Donerail Trail | $175,000 | $86 | 10/12/2010 | 1980 | 2,040 | Arms Length |
| 6435 Stone Street Trail | $182,000 | $117 | 9/30/2010 | 1993 | 1,556 | Arms Length |
| 6726 Alan A Dale Trail | $172,000 | $91 | 9/23/2010 | 1984 | 1,882 | Distressed |
| 6439 Count Turf Trail | $185,000 | $120 | 9/3/2010 | 1977 | 1,539 | Arms Length |
| 6500 War Admiral Trail | $215,900 | $95 | 9/3/2010 | 1984 | 2,263 | Arms Length |
| 6700 Tomy Lee Trail | $149,900 | $123 | 8/27/2010 | 1985 | 1,220 | Arms Length |
| 3000 Venetian Ct | $163,000 | $102 | 8/26/2010 | 1984 | 1,600 | Arms Length |
| 3160 Lookout Trail | $195,000 | $104 | 8/13/2010 | 1998 | 1,879 | Distressed |
| 2935 Whirlaway Trail | $148,000 | $103 | 7/30/2010 | 1984 | 1,435 | Arms Length |
| 6420 Bold Venture Trl | $162,000 | $107 | 7/8/2010 | 1978 | 1,517 | Arms Length |
| 6840 Tomy Lee Trail | $166,000 | $115 | 7/8/2010 | 1990 | 1,447 | Arms Length |
| 6850 Hill Gail Trail | $135,000 | $108 | 7/1/2010 | 1981 | 1,253 | Arms Length |
| 3125 Elwood Trail | $149,900 | $101 | 6/17/2010 | 1990 | 1,479 | Arms Length |
| 3207 Proud Clarion Trail | $153,000 | $86 | 6/15/2010 | 1979 | 1,772 | Arms Length |
| 6512 Man O War Trl | $213,000 | $97 | 6/10/2010 | 1979 | 2,200 | Arms Length |
| 6624 Tomy Lee Trail | $150,000 | $111 | 6/4/2010 | 1985 | 1,347 | Arms Length |
| 6463 Bold Venture Trl | $169,000 | $101 | 6/4/2010 | 1978 | 1,666 | Arms Length |
| 6620 Reigh Count Trail | $158,000 | $118 | 5/21/2010 | 1988 | 1,336 | Distressed |
| 3328 Gallant Fox Trail | $165,000 | $125 | 5/21/2010 | 1979 | 1,324 | Arms Length |
| 6423 Stone Street Trail | $199,900 | $119 | 5/14/2010 | 1979 | 1,685 | Arms Length |
| 6409 Cavalcade Trail | $183,000 | $120 | 5/10/2010 | 1979 | 1,521 | Arms Length |
| 6732 Alan A Dale Trail | $179,000 | $126 | 4/30/2010 | 1989 | 1,424 | Arms Length |
| 3208 Lord Murphy Trail | $224,000 | $127 | 4/23/2010 | 2004 | 1,759 | Arms Length |
| 3241 Apollo Trail | $217,000 | $124 | 4/15/2010 | 1995 | 1,746 | Arms Length |
| 6517 Alan A Dale Trl | $139,000 | $56 | 4/9/2010 | 1983 | 2,468 | Distressed |
| 5306 Pimlico Drive | $376,900 | $127 | 2/19/2010 | 2001 | 2,975 | Arms Length |
| 6733 Donerail Trail | $201,000 | $119 | 2/5/2010 | 1997 | 1,691 | Arms Length |
| 6708 Alan A Dale Trail | $229,500 | $137 | 2/2/2010 | 2010 | 1,671 | Arms Length |
If you need to sell a home in Killearn Acres, just drop me a note and we can review your options and expectations.
About Joe Manausa, MBA
