Low Prices Tempt Buyers To Choose A Golden Eagle House

If you are looking for a Golden Eagle house, then prepare to be blown away with the values that you will find today.

Currently, there are 41 MLS listings featuring a Golden Eagle house, and you can have your choice of lakefront, golf course frontage, or a home on an interior lot.

Distressed Property Competition For Every Golden Eagle House

Golden Eagle House ListingThe number of distressed homes for sale in Tallahassee is rising, and Golden Eagle house sales have certainly been impacted.

Looking at the real estate graph below, the red line measures the percentage of homes sold that were done so under conditions of distress (short sales, foreclosures, pre-foreclosures, and bank owned properties).

Through November 2012, roughly 30% of all Golden Eagle house sales have been distressed sales.

Golden Eagle House Short Sale

Average Value Of A Golden Eagle House

Golden Eagle house values have been falling steadily since 2006 (the blip in 2009 is due to a singular $4.25M home + property sale that skewed the data). The increased competition from distressed home sellers is evident when we look at the market in segments.

Golden Eagle House Sales Values

In the real estate graph above, arms length home sales are shown in green, while distressed home sales are shown in red.

Thus far in 2012, the average value of a non-distressed Golden Eagle house has trended down to $133 per square foot, down 24% since 2006.

The follow list shows all Golden Eagle house sales in the Tallahassee MLS, going back a few years. Note how far down recent prices have come! Is it time for you to buy one?

Recent Sales Golden Eagle Houses

Address Sales Price Price/SQF Closing Date Year Built SQF Type
9184 Shoal Creek Drive $315,000 $119 10/31/2012 2004 2,646 Arms Length
8551 Heathcliff $350,000 $119 10/31/2012 2000 2,941 Distressed
9194 Shoal Creek Drive $282,500 $104 10/31/2012 2004 2,725 Distressed
2322 Cobb Drive $289,900 $116 10/31/2012 1999 2,506 Arms Length
3200 Pablo Creek Way $480,000 $133 10/12/2012 2005 3,621 Arms Length
8999 Winged Foot Drive $875,000 $177 10/1/2012 1990 4,950 Arms Length
3225 Pablo Creek Way $480,000 $147 8/23/2012 2005 3,263 Arms Length
8314 Inverness Drive $418,000 $144 8/17/2012 2000 2,898 Arms Length
2619 Wharton Circle $370,000 $141 8/14/2012 2001 2,620 Arms Length
8983 Winged Foot Drive $452,500 $107 8/13/2012 1989 4,226 Arms Length
2968 Medinah $350,000 $124 8/10/2012 2001 2,826 Arms Length
2146 W Golden Eagle $687,500 $164 7/27/2012 2001 4,197 Arms Length
9013 Shoal Creek Dr $450,000 $145 7/27/2012 1997 3,104 Arms Length
2173 Gates Dr $325,000 $121 7/20/2012 2000 2,693 Arms Length
2138 Amanda Mae Ct $440,000 $118 7/17/2012 1996 3,718 Distressed
9569 Deer Valley  Drive $399,975 $118 6/29/2012 2004 3,387 Distressed
8522 Congressional Dr $240,000 $71 6/29/2012 1990 3,359 Distressed
9711 Prestancia Way $382,500 $102 6/29/2012 2008 3,741 Arms Length
2713 Waterford Glen Ct $335,000 $124 6/15/2012 1996 2,707 Distressed
2582 Bishops Green Trail $390,000 $118 6/8/2012 1998 3,313 Arms Length
8524 Heathcliff Ct $350,000 $125 6/1/2012 2000 2,806 Arms Length
9211 Hampton Glen Ct $475,000 $151 5/31/2012 2000 3,136 Distressed
8970 Winged Foot Dr $295,000 $124 5/3/2012 1988 2,388 Arms Length
9703 Prestancia Way $460,000 $135 4/30/2012 2005 3,395 Arms Length
8155 Glenmore Drive $560,000 $152 3/30/2012 1997 3,674 Arms Length
2507 Double Eagle Ct $740,000 $150 3/29/2012 2002 4,922 Arms Length
3406 Osprey Ridge $465,000 $135 3/15/2012 2004 3,452 Arms Length
8869 Blackheath Way $280,000 $106 3/9/2012 1995 2,630 Distressed
9233 Shoal Creek Dr $325,000 $124 3/8/2012 2007 2,628 Distressed
9010 Winged Foot Drive $287,000 $84 2/7/2012 1993 3,417 Arms Length
3014 Golden Eagle Dr East $640,000 $154 2/6/2012 1999 4,152 Arms Length
2124 Doral Dr $370,000 $133 1/31/2012 1997 2,776 Arms Length
3242 Pablo Creek Way $400,000 $143 1/13/2012 2005 2,795 Distressed
2132 Amanda Mae Court $538,000 $111 1/6/2012 1999 4,847 Arms Length
8881 Winged Foot Dr $414,000 $136 12/29/2011 2001 3,049 Arms Length
2903 Royal Isle Drive $750,000 $135 10/14/2011 2005 5,549 Distressed
8969 Winged Foot Drive $400,000 $134 10/13/2011 1993 2,986 Arms Length
2220 Genevieve Court $750,000 $198 9/28/2011 2005 3,786 Arms Length
9252 Shoal Creek $450,000 $145 9/28/2011 2004 3,100 Arms Length
2147 W Golden Eagle Drive $1,200,000 $159 9/12/2011 2002 7,560 Arms Length
8362 Inverness Drive $345,000 $123 8/31/2011 1999 2,800 Arms Length
2307 Gates Drive $380,000 $121 8/19/2011 1999 3,142 Arms Length
2887 Royal Isle $378,000 $144 8/9/2011 2011 2,623 Arms Length
8198 Glenmore Drive $440,000 $129 7/27/2011 1999 3,422 Arms Length
9054 Shoal Creek Drive $750,000 $165 7/15/2011 2000 4,553 Arms Length
3070 St Andrews Way $385,000 $129 7/6/2011 2005 2,978 Arms Length
8889 Glen Abby Dr $565,000 $174 7/5/2011 1997 3,238 Arms Length
9031 Winged Foot Dr $450,000 $124 6/30/2011 2000 3,626 Distressed
9059 Eagles Ridge Dr $355,000 $131 6/30/2011 2003 2,720 Arms Length
2299 Cobb Drive $400,000 $126 6/15/2011 2000 3,180 Arms Length
Lot 5 Shoal Creek $431,532 $154 6/15/2011 2011 2,801 Arms Length
9203 Shoal Creek Dr $515,000 $140 5/27/2011 2004 3,676 Arms Length
2024 Herb Court $359,000 $108 5/23/2011 1999 3,325 Arms Length
2945 Golden Eagle Drive E $415,000 $127 4/29/2011 1991 3,267 Arms Length
8986 Winged Foot Drive $647,500 $134 4/29/2011 1988 4,850 Arms Length
2558 Bishops Green Trail $441,500 $142 4/27/2011 1998 3,114 Arms Length
9149 Shoal Creek Drive $354,900 $121 4/15/2011 1996 2,932 Distressed
2961 Golden Eagle Dr E $450,000 $102 4/8/2011 1987 4,411 Arms Length
9006 Shoal Creek Drive $383,000 $105 4/8/2011 1997 3,651 Arms Length
9635 Deer Valley Dr $545,000 $143 3/31/2011 2005 3,805 Arms Length
2262 Cobb Drive $450,000 $130 3/24/2011 2006 3,471 Arms Length
1646 Eagles Watch Way $200,000 $101 3/22/2011 2001 1,971 Arms Length
8155 Glenmore Drive $560,000 $153 3/18/2011 1997 3,664 Arms Length
2869 Royal Isle Drive $345,000 $114 3/2/2011 2003 3,036 Arms Length
9221 Shoal Creek Drive $411,000 $127 2/8/2011 2005 3,249 Distressed
8997 Bob O Link Court $375,000 $107 1/28/2011 1990 3,492 Arms Length
2286 Cobb Drive $386,000 $122 1/27/2011 2002 3,156 Distressed
2606 Wharton Cir $395,000 $138 12/16/2010 2001 2,860 Arms Length
9692 Prestancia Way $370,000 $135 12/3/2010 2006 2,738 Distressed
2722 Waterford Glen Ct $430,000 $114 11/30/2010 1996 3,780 Distressed
2684 Wharton Circle $419,300 $140 11/15/2010 1998 2,995 Arms Length
9015 Winged Foot Dr $745,000 $188 11/1/2010 2002 3,955 Arms Length
8893 Saltcoates Court $329,000 $141 10/4/2010 1994 2,338 Arms Length
2987 St Stevens Drive $327,000 $125 9/16/2010 1994 2,615 Arms Length
8881 Blackheath Way $340,000 $145 9/13/2010 1997 2,338 Arms Length
9688 Deer Valley Drive $575,000 $167 9/9/2010 2003 3,443 Arms Length
2320 Gates Drive $382,000 $133 8/16/2010 1999 2,866 Arms Length
8823 Winged Foot Drive $354,000 $140 8/11/2010 1997 2,531 Arms Length
2702 Wharton Circle $340,000 $120 7/16/2010 1999 2,844 Arms Length
3027 Golden Eagle Drive E $760,000 $178 7/1/2010 2005 4,261 Distressed
3233 Pinebrook Ct $670,000 $158 7/1/2010 2006 4,245 Arms Length
9030 Shoal Creek Dr $625,000 $157 6/15/2010 1996 3,983 Arms Length
8533 Heathcliff Court $335,000 $135 5/14/2010 1999 2,485 Arms Length
8499 Congressional Dr $720,000 $127 5/14/2010 1991 5,662 Arms Length
9640 Deer Valley $750,000 $189 5/3/2010 2007 3,977 Arms Length
2274 Cobb Drive $423,000 $129 4/30/2010 2003 3,275 Distressed
2845 Royal Isle Drive $369,000 $138 4/22/2010 1998 2,675 Arms Length
2558 Bishops Green Trail $435,000 $140 4/12/2010 1998 3,114 Arms Length
9694 Dancing Rabbit Way $345,000 $120 3/18/2010 2004 2,868 Distressed
9227 Shoal Creek Drive $390,000 $128 3/12/2010 2006 3,039 Distressed
2968 Medinah Ct. $390,000 $138 2/25/2010 2001 2,826 Arms Length
3059 St Andrews $435,000 $139 2/17/2010 2005 3,132 Arms Length
9211 Hampton Glen Ct $458,000 $154 1/6/2010 2000 2,982 Arms Length

If you want the best insight and assistance for buying or selling a Golden Eagle house, just drop me a note and we can schedule a time to meet and discuss your desired objectives, you’ll be glad you did!

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About Joe Manausa, MBA

Joe Manausa, MBA is a 23+ 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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