Tough Times In The Ox Bottom Neighborhoods

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Homeowners in the Ox Bottom neighborhoods are seeing a lower and slower housing market when compared to many of the other NE Tallahassee neighborhoods. This collection of traditionally very popular subdivisions has seen home sales slow faster than the rest of Tallahassee, and home values have dropped at a faster rate as well. Currently, there are 26 homes for sale in Ox Bottom, which includes the Deerwood At Ox Bottom Manor, Ox Bottom, Ox Bottom Gardens, Ox Bottom Manor, and Ox Bottom Reserve.

Home Sales In Ox Bottom Neighborhoods

Home sales in the Ox Bottom Neighborhoods have picked-up slightly over last year’s “worst-ever” performance, but they still are well below one-half the rate these communities would expect to see in normal years. Based upon this current rate of sales, the relative supply of homes for sale in the Ox Bottom neighborhoods is right around 12 months of supply.

Ox Bottom Neighborhoods

Home Prices In Ox Bottom Neighborhoods

The average price of a home sold in the Ox Bottom Neighborhoods this year is $287K, which is down 36% from the $450K average home sales price that was recorded in 2006. The real estate graph below shows that home prices are right back where they were in 2003, and the trend is still declining.

Ox Bottom Home Prices

Home Values In Ox Bottom Neighborhoods

More importantly, the Ox Bottom neighborhoods have seen home values decline 31% from $169 per square foot in 2006 to just $117 per square foot through November in 2011. The real estate graph below shows that this trend is still on a downward path, so home seller’s should expect to get less money for their homes next year than they would have received in 2011. This means that homeowners who are thinking about selling a home in Ox Bottom should either plan to hold onto the home for many more years, or sell it as fast as possible to get the top dollar in a declining real estate market.

Ox Bottom Home Values

Recent Home Sales In Ox Bottom Neighborhoods

Neighborhood Address SP Price/ SQF Closing Date Year Built SQF
Ox Bottom Manor 355 Milestone Drive $255,000 $108 11/30/2011 1994 2,357
Ox Bottom Manor 205 Hawk Meadow Dr $341,700 $107 11/8/2011 1990 3,185
Ox Bottom Manor 6392 Belgrand Drive $299,900 $131 9/9/2011 1995 2,283
Ox Bottom Manor 489 Meadow Ridge Drive $345,000 $114 8/29/2011 1997 3,017
Ox Bottom Manor 511 Meadow Ridge Court $280,000 $127 8/26/2011 1997 2,205
Ox Bottom Reserve 2104 Dewberry Court $275,000 $104 8/25/2011 2004 2,634
Ox Bottom Manor 6030 Quail Ridge $265,000 $98 8/24/2011 1992 2,715
Ox Bottom Manor 6266 Hines Hill Circle $270,000 $127 8/19/2011 1992 2,123
Ox Bottom 250 Thornberg Dr $310,000 $120 8/15/2011 1997 2,585
Ox Bottom 7075 Ox Bow Road $487,400 $128 7/30/2011 1994 3,796
Ox Bottom 7339 Ox Bow Circle $530,000 $146 7/15/2011 1999 3,627
Ox Bottom Manor 6121 Borderline Drive $313,500 $127 7/1/2011 1993 2,475
Ox Bottom Manor 342 Milestone Drive $296,500 $124 6/15/2011 1989 2,400
Ox Bottom Manor 292 Thornberg Drive $275,000 $128 6/15/2011 1996 2,145
Ox Bottom Manor 6260 Hines Hill Circle $230,500 $107 6/15/2011 1993 2,159
Ox Bottom Gardens 176 Sugar Plum Drive $213,000 $119 5/6/2011 1996 1,787
Deerwood At Ox Bottom Manor 6243 Buck Run Circle $192,500 $76 3/28/2011 2008 2,520
Ox Bottom Gardens 125 Love Ridge Court $165,000 $104 3/28/2011 1995 1,592
Ox Bottom Manor 6266 Hines Hill Circle $240,500 $113 3/8/2011 1992 2,123
Ox Bottom Gardens 128 Sugar Plum Drive $190,000 $109 2/17/2011 1996 1,751
Ox Bottom Manor 6272 Whittondale Drive $255,000 $114 2/9/2011 1998 2,241
Ox Bottom Manor 6355 Belgrand Drive $215,000 $107 2/4/2011 1998 2,008
Ox Bottom Manor 6332 Glasgow Dr $315,000 $115 1/28/2011 1996 2,750
Ox Bottom Manor 6321 Sinkola Drive $330,000 $131 1/11/2011 2007 2,516
Ox Bottom Manor 107 Hawkmeadow Drive $255,000 $117 12/30/2010 1993 2,179
Ox Bottom Manor 6416 Mallard Trace Drive $290,000 $135 12/23/2010 1997 2,153
Ox Bottom Manor 335 Milestone Dr $365,000 $114 12/17/2010 1991 3,196
Ox Bottom Manor 515 Meadow Ridge Court $292,500 $123 11/16/2010 1996 2,378
Ox Bottom 6378 Ox Bow Run $570,907 $113 11/12/2010 2005 5,039
Ox Bottom Manor 521 Meadow Ridge Court $316,000 $118 10/15/2010 2001 2,676
Ox Bottom Manor 322 Thornberg Drive $322,000 $121 9/24/2010 1996 2,663
Ox Bottom Gardens 132 Love Ridge $195,000 $119 9/17/2010 1996 1,638
Ox Bottom 6110 Borderline $299,000 $146 8/20/2010 1991 2,048
Ox Bottom 275 Thornberg Dr $300,000 $130 8/13/2010 1997 2,301
Ox Bottom Manor 6108 Ox Bottom Manor Drive $325,000 $117 8/5/2010 1990 2,770
Ox Bottom 6330 Coach House Court $247,000 $114 6/25/2010 1993 2,169
Ox Bottom Manor 6115 Ox Bottom Manor Drive $335,000 $121 6/24/2010 1989 2,768
Ox Bottom Manor 143 Thistlewood Court $283,000 $136 6/7/2010 1997 2,074
Ox Bottom Manor 6335 Belgrand Drive $295,000 $136 6/1/2010 2001 2,174
Ox Bottom Manor 6259 Hines Hill Circle $265,000 $125 4/20/2010 1993 2,116
Ox Bottom Manor 6011 Quail Ridge Lane $312,500 $124 3/31/2010 1995 2,512
Ox Bottom 518 Meadow Ridge Drive $337,000 $131 3/15/2010 1996 2,575
Ox Bottom Manor 6114 Borderline Dr $390,000 $114 3/9/2010 1991 3,426
Ox Bottom Manor 209 Thornberg Dr. $350,000 $123 3/1/2010 1999 2,853
Ox Bottom Manor 365 Meadow Ridge Drive $392,000 $107 2/26/2010 1995 3,657
Ox Bottom Manor 6011 Ox Bottom Manor Drive $280,000 $132 2/12/2010 1992 2,128
Ox Bottom Manor 6211 Buck Run Cir $335,000 $136 12/18/2009 2007 2,472
Ox Bottom Manor 421 Meadow Ridge Drive $387,500 $136 12/2/2009 1999 2,855
Ox Bottom Reserve 2101 Dewberry Court $350,000 $140 11/30/2009 2005 2,495
Ox Bottom Manor 398 Meadow Ridge Drive $265,000 $101 11/25/2009 1996 2,634
Ox Bottom Manor 6344 Glasgow Drive $437,500 $130 11/24/2009 1996 3,361
Ox Bottom Manor 6328 Mallard Trace $270,000 $137 11/18/2009 1993 1,971
Ox Bottom Gardens 6004 Love Ridge Rd $211,000 $125 10/30/2009 1995 1,689
Deerwood At Ox Bottom Manor 501 Rogers Lane $488,000 $159 9/28/2009 2006 3,073
Ox Bottom Manor 147 Cotillion Circle $325,000 $128 9/18/2009 1995 2,533
Ox Bottom Manor 6318 Coach House Court $340,000 $150 8/31/2009 2001 2,268
Ox Bottom Gardens 6007 Love Ridge Drive $260,000 $131 8/28/2009 1994 1,985
Ox Bottom Manor 442 Meadow Ridge Drive $340,000 $128 8/21/2009 1998 2,661
Ox Bottom Manor 6333 Sinkola Dr $325,000 $135 7/31/2009 1996 2,400
Ox Bottom Manor 6261 Buck Run Circle $424,000 $146 6/30/2009 2009 2,908
Ox Bottom Manor 6392 Belgrand Drive $335,000 $147 6/29/2009 1995 2,277
Ox Bottom Manor 509 Meadow Ridge Drive $285,000 $127 6/26/2009 2000 2,249
Ox Bottom 522 Meadow Ridge Drive $399,900 $136 5/29/2009 1996 2,934
Ox Bottom Manor 526 Meadow Ridge Dr $335,000 $126 5/29/2009 1995 2,656
Ox Bottom Manor 454 San Martin Drive $400,000 $140 5/15/2009 1996 2,860
Ox Bottom Gardens 160 Sugar Plum Dr $228,000 $128 5/15/2009 1995 1,782
Ox Bottom 1809 Morning Star Lane $510,000 $112 4/30/2009 1988 4,568
Ox Bottom 6000 Boynton Homestead $555,000 $130 4/28/2009 1990 4,255
Ox Bottom Manor 6115 Ox Bottom Manor Drive $339,000 $122 4/27/2009 1989 2,768
Ox Bottom Manor 6143 Borderline Dr $300,000 $136 3/26/2009 1991 2,208
Ox Bottom Manor 6305 Coach House Court $294,500 $108 3/17/2009 1992 2,737
Ox Bottom Manor 6393 Mallard Trace Drive $250,000 $112 2/25/2009 1995 2,237
Ox Bottom Manor 558 Meadow Ridge Dr $441,000 $158 12/4/2008 1995 2,800
Ox Bottom Manor 6320 Glasgow Drive $415,000 $136 9/29/2008 1997 3,061
Ox Bottom Manor 421 Meadow Ridge Drive $412,500 $144 9/25/2008 1999 2,855
Ox Bottom Manor 211 Meadow Ridge Dr $465,000 $137 9/18/2008 1991 3,400
Ox Bottom 6000 Boynton Homestead $539,000 $127 9/17/2008 1990 4,255
Ox Bottom Manor 6359 San Martin Court $324,000 $145 8/21/2008 1997 2,238
Ox Bottom Manor 6018 Quail Ridge Dr $340,000 $139 8/8/2008 1989 2,442
Ox Bottom Manor 187 Meadow Ridge Drive $345,000 $142 7/28/2008 1993 2,433
Ox Bottom Manor 363 Milestone Drive $310,000 $131 7/28/2008 1992 2,361
Ox Bottom Manor 6256 Hines Hill Cir $355,000 $138 7/16/2008 1993 2,569
Ox Bottom Gardens 200 Sugar Plum Drive $275,000 $129 7/15/2008 1995 2,131
Ox Bottom Manor 6012 Ox Bottom Manor Dr $400,000 $141 7/3/2008 1992 2,843
Ox Bottom Manor 6421 Mallard Trace Dr $387,500 $150 6/30/2008 1994 2,580
Ox Bottom Manor 347 Thornberg Drive $364,900 $140 6/23/2008 1996 2,608
Ox Bottom Manor 417 Meadow Ridge Drive $449,000 $140 6/9/2008 1997 3,202
Ox Bottom Manor 352 Meadow Ridge Dr $340,000 $127 6/5/2008 1995 2,684
Ox Bottom Manor 341 Meadow Ridge Drive $400,000 $154 5/29/2008 1994 2,603
Ox Bottom Manor 6369 Mallard Trace Drive $380,000 $130 5/23/2008 1998 2,917
Ox Bottom 2031 Chimney Swift Hollow $590,000 $168 5/14/2008 1979 3,513
Ox Bottom 6000 Boynton Homestead $500,000 $118 5/14/2008 1990 4,255
Ox Bottom 2092 Ox Bottom Road $400,000 $147 5/1/2008 1988 2,728
Ox Bottom 8015 Evening Star $437,400 $146 4/9/2008 1990 3,006
Ox Bottom 7956 Evening Star $1,095,000 $260 3/31/2008 2008 4,208
Ox Bottom Manor 6330 Belgrand Drive $490,000 $166 3/28/2008 1997 2,953
Ox Bottom Manor 6309 Pickney Hill Road $407,500 $151 2/5/2008 1995 2,692
Ox Bottom Manor 6018 Quail Ridge Dr $323,900 $133 1/10/2008 1989 2,442
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About Joe Manausa, MBA

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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