Summerbrooke Home Sales: Avoid Emotional Baggage To Sell Home Fast

Over the past year, I had the opportunity to meet with two different homeowners to discuss Summerbrooke home sales.

Their stories were similar and their needs were similar, and each felt that their individual home was worth more than I felt the market would bear.

Now understand that these are highly educated people and they were presented with what I feel is solid market feedback about Summerbrooke home sales and home values. This is just more anecdotal evidence that the emotion of selling a home is often far more powerful than any level of formal education.

Ultimately, one followed my advice (sell fast to get the highest price in a declining market), while the other chose to work with a real estate company who was willing to market the home at a price higher than what buyers are willing to pay.

Both no longer live in Summerbrooke, yet one still owns a home there.

My clients received an offer on their home and closed on it within three months of our first meeting, while the other home still remains un-sold. The sale for our client remains as one of the highest values received in Summerbrooke for more than a year (meaning they did not “give the home away“).

Since the first meeting, Summerbrooke home sales have continued to slide, and values have dropped even more. I no longer would be able to sell either home at the values I presented to them in the past.

Smart Idea - Contact Joe Manausa In Tallahassee, FloridaThere are currently 33 homes for sale in Summerbrooke (nearly two years of supply) and we continue to see asking prices drop. If you are thinking about selling a home in Summerbrooke, waiting could be very costly. If you want to analyze your situation and review smart courses of action, simply contact me today and we can schedule a time to discuss your specific needs.

If you are thinking about moving and need to sell a home, take a lesson from these two different homeowners.

One chose the harder, correct path and solved his problem. The other continues to live in denial and hope that the market will change for the better. I find it sad that people allow their homes to own them, when in many cases it just doesn’t have to be this way.

Summerbrooke Home Sales Prices

The average Summerbrooke home sales price has dropped from $466,000 in 2006 to just $332,000 in 2012. In 2006, $466K would buy you a 2,894 square foot home, whereas today the $322K would buy you a larger home (currently averaging 2,962 square feet).

As you can see from the vertical bars in the real estate graph below, nearly 1/2 of all Summerbrooke home sales this year have been short sales, foreclosures, or bank owned properties.

Summerbrooke Home Sales Prices CENTURY 21 Manausa and Associates 1140 Capital Circle SE #12A Tallahassee, FL 32301 (850) 366-8917 www.manausa.com

Summerbrooke Home Sales Values

Summerbrooke home sales have recorded value declines of 30% since the peak of the market, which is just below market average. But when we compare Summerbrooke with it’s closest Golf Course Community neighbor, Golden Eagle home values have only declined 24%.

Summerbrooke Home Sales Values CENTURY 21 Manausa and Associates 1140 Capital Circle SE #12A Tallahassee, FL 32301 (850) 366-8917 www.manausa.com

YTD Summerbrooke Home Sales

This next graph looks at Summerbrooke home sales each year from January through May. This means that zero seasonal affects are registered in the graph, and a picture is truly worth a thousand words.

YTD Summerbrooke Home Sales

Past Summerbrooke Home Sales

The following is a list of closed Summerbrooke home sales recorded in the Tallahassee MLS.

Address Sales Price Price/SQF Closing Date Year Built SQF Type
7798 Cricklewood Drive $279,900 $115 6/15/2012 1999 2,432 Distressed
8097 Preservation Road $351,000 $137 5/1/2012 1998 2,561 Arms Length
1154 Ronds Pointe W Drive $305,000 $131 4/30/2012 2000 2,335 Arms Length
1001 Summerbrooke Drive $365,000 $81 4/6/2012 1995 4,500 Distressed
1387 Conservancy Dr E $245,000 $91 3/16/2012 1998 2,690 Distressed
317 Summerbrooke Drive $349,000 $118 3/15/2012 1990 2,966 Arms Length
1220 Greensward Drive $431,000 $133 1/12/2012 2001 3,250 Arms Length
1017 Summerbrooke Drive $375,000 $141 12/6/2011 1993 2,651 Arms Length
1224 Conservancy Drive $313,000 $117 10/21/2011 1998 2,683 Distressed
1179 W Conservancy Drive $285,000 $107 10/21/2011 2001 2,671 Arms Length
7749 Cricklewood Dr $391,500 $121 10/17/2011 2000 3,248 Arms Length
926 Hill Roost Road $377,188 $111 9/8/2011 1993 3,410 Arms Length
1148 Greensward Drive $319,500 $125 9/1/2011 1999 2,548 Arms Length
7862 Preservation Road $305,000 $127 8/10/2011 1996 2,408 Arms Length
7083 Spicewood Lane $282,000 $132 8/10/2011 2001 2,133 Arms Length
8073 Preservation Rd $285,000 $120 7/29/2011 2002 2,374 Arms Length
1017 Summerbrooke Drive $407,500 $154 7/15/2011 1993 2,651 Arms Length
850 Hill Roost Road $369,000 $106 6/30/2011 1994 3,482 Arms Length
7977 Preservation Road $326,000 $127 6/3/2011 2000 2,562 Arms Length
7036 Heritage Ridge Road $425,000 $133 5/31/2011 1994 3,187 Arms Length
7741 Cricklewood Dr $390,000 $137 5/27/2011 1999 2,856 Arms Length
7886 Rael Court $420,000 $126 5/20/2011 1999 3,338 Arms Length
7551 Preservation Road $350,000 $105 4/29/2011 2004 3,332 Distressed
7130 Nesters Drive $289,000 $95 4/27/2011 1995 3,027 Distressed
3478 Hyde Park Way $258,000 $119 1/31/2011 1994 2,161 Arms Length
3029 Obrien Drive $323,500 $124 1/13/2011 1992 2,613 Arms Length
8143 Bloys Ct $335,000 $131 1/12/2011 2001 2,566 Arms Length
1152 Greensward Ct $350,000 $133 1/6/2011 2000 2,622 Arms Length
7115 Nesters Drive $475,000 $149 12/23/2010 2003 3,180 Distressed
8061 Preservation $385,000 $126 12/20/2010 2005 3,050 Arms Length
8135 Viburnum Ct $325,000 $133 12/17/2010 2005 2,444 Arms Length
531 Summerbrooke Drive $339,000 $118 11/22/2010 1990 2,868 Arms Length
7131 Nesters Drive $570,000 $123 11/18/2010 2005 4,639 Arms Length
7532 Preservation Rd $350,000 $138 11/18/2010 2003 2,528 Arms Length
7960 Downs Court $375,000 $132 10/29/2010 1999 2,849 Arms Length
6873 Spicewood Ln $310,000 $103 10/29/2010 2000 3,004 Arms Length
8169 Parterre Court $331,100 $140 10/28/2010 2003 2,360 Arms Length
7140 Heritage Ridge $350,000 $113 10/27/2010 1993 3,089 Arms Length
7032 Spicewood Lane $315,000 $117 9/30/2010 2003 2,683 Arms Length
7757 Cricklewood Drive $348,500 $130 9/17/2010 1997 2,678 Arms Length
7109 Heritage Ridge Road $300,000 $112 9/15/2010 1991 2,668 Distressed
1239 Conservancy Drive $343,000 $136 9/10/2010 2000 2,517 Distressed
8117 Blenheim Lane $270,000 $126 8/31/2010 2003 2,136 Arms Length
8123 Viburnum Court $304,000 $116 8/26/2010 2000 2,614 Distressed
7504 Preservation Road $370,000 $138 8/20/2010 1999 2,676 Distressed
7140 Wooded Gorge Road $376,000 $141 8/4/2010 2001 2,673 Distressed
8162 Parterre Court $230,000 $105 7/23/2010 2005 2,198 Arms Length
1351 E Conservancy Drive $325,000 $116 6/29/2010 2000 2,792 Distressed
7083 Spicewood Lane $282,500 $132 6/28/2010 2001 2,133 Arms Length
1220 E Conservancy $317,000 $103 6/23/2010 1995 3,083 Arms Length
7765 Cricklewood $410,000 $136 6/15/2010 2000 3,008 Arms Length
8089 Longmeadow Lane $537,500 $132 5/28/2010 2008 4,062 Arms Length
1275 Conservancy Dr E $312,000 $132 5/27/2010 1996 2,361 Distressed
1033 Summerbrooke Drive $465,000 $164 5/20/2010 2003 2,837 Arms Length
1418 Stourhead Court $330,000 $114 5/11/2010 1999 2,900 Distressed
8067 Preservation Road $338,000 $138 5/10/2010 2003 2,446 Arms Length
933 Summerbrooke Drive $404,000 $101 5/7/2010 1994 4,018 Arms Length
1420 Stourhead Court $409,000 $110 5/6/2010 1997 3,733 Distressed
300 Summerbrooke Drive $465,000 $159 4/30/2010 1991 2,920 Arms Length
1176 Greensward Drive $362,500 $118 4/16/2010 2001 3,084 Arms Length
1216 E Conservancy Drive $360,000 $131 3/18/2010 2000 2,750 Arms Length
1341 Conservancy Drive $375,000 $140 3/11/2010 1999 2,688 Arms Length
7983 Lochknoll Lane $392,000 $130 3/1/2010 2000 3,013 Distressed
7924 Preservation Road $350,000 $141 12/30/2009 1996 2,478 Arms Length
8060 Preservation Rd $330,000 $114 12/18/2009 2004 2,901 Arms Length
1404 E Conservancy Drive $320,000 $120 12/8/2009 1998 2,657 Distressed
317 Summerbrooke Drive $299,000 $98 11/6/2009 1990 3,066 Arms Length
8150 Parterre Court $290,000 $125 11/3/2009 2001 2,314 Arms Length
932 Summerbrooke Drive $375,000 $122 10/30/2009 1993 3,084 Arms Length
1160 W Conservancy Drive $358,000 $122 10/29/2009 1996 2,944 Arms Length
1200 Greensward Drive $343,500 $139 10/27/2009 2000 2,476 Arms Length
924 Summerbrooke Drive $360,000 $145 8/31/2009 1996 2,479 Arms Length
1276 Conservancy Dr $395,000 $143 8/13/2009 2001 2,766 Distressed
1044 Summerbrooke Dr $380,000 $114 8/11/2009 1994 3,329 Arms Length
893 Summerbrooke Drive $309,000 $108 8/10/2009 1994 2,850 Arms Length
1136 Greensward $383,000 $153 8/10/2009 1999 2,502 Arms Length
1009 Summerbrooke Drive $412,500 $166 8/7/2009 2005 2,483 Arms Length
637 Summerbrooke Dr $374,000 $127 8/4/2009 1991 2,956 Arms Length
7874 Preservation Road $325,000 $138 7/24/2009 1997 2,363 Arms Length
7734 Cricklewood Drive $400,000 $120 7/10/2009 2001 3,326 Arms Length
1337 Conservancy Drive E $335,000 $136 6/29/2009 2000 2,470 Arms Length
7912 Preservation Road $315,000 $141 5/22/2009 2000 2,239 Arms Length
1359 Conservancy Court $277,500 $129 5/7/2009 2001 2,153 Arms Length
7110 Heritage Ridge Road $369,000 $135 5/6/2009 1992 2,731 Arms Length
7510 Preservation Road $485,000 $169 5/6/2009 2000 2,875 Arms Length
7516 Preservation Road $376,000 $153 4/24/2009 1995 2,450 Arms Length
1228 Greensward Drive $460,000 $152 4/3/2009 2001 3,032 Arms Length
1346 E Conservancy Drive $385,000 $131 4/3/2009 2001 2,940 Arms Length
7845 Preservation Road $240,000 $112 3/16/2009 1995 2,151 Arms Length
6520 Spicewood Ln $325,000 $133 2/26/2009 1997 2,436 Arms Length
8086 Ronds Pointe Court $370,000 $151 1/12/2009 2002 2,448 Arms Length
7477 Preservation Road $550,000 $151 12/10/2008 2003 3,641 Arms Length
7708 Preservation Rd $410,000 $141 12/5/2008 1995 2,910 Arms Length
1144 Greensward $365,000 $120 12/2/2008 1999 3,050 Arms Length
1383 Conservancy Dr E $360,000 $132 11/24/2008 1997 2,725 Arms Length
8116 Blenheim Lane $342,900 $140 11/21/2008 2003 2,448 Arms Length
1435 Conservancy Drive East $439,000 $144 10/31/2008 2000 3,048 Arms Length
8129 Viburnum Court $390,000 $135 10/27/2008 2002 2,899 Arms Length
7585 Preservation Rd $440,000 $144 9/12/2008 2000 3,045 Arms Length
917 Summerbrooke Drive $535,000 $177 9/5/2008 1993 3,018 Arms Length
7133 Wooded Gorge Road $440,000 $121 8/1/2008 1995 3,622 Arms Length
1108 Greensward Drive $452,500 $141 7/30/2008 1998 3,203 Arms Length
1209 E Conservancy Drive $315,000 $136 7/9/2008 2001 2,318 Arms Length
512 Summerbrooke Drive $450,000 $170 7/1/2008 1990 2,642 Arms Length
1224 Greensward Dr $540,000 $159 6/30/2008 2003 3,401 Arms Length
1378 Conservancy Dr E $415,000 $156 6/20/2008 1999 2,661 Arms Length
1060 Summerbrooke Drive $460,000 $153 6/10/2008 2002 3,006 Arms Length
8136 Viburnum Court $380,000 $137 5/30/2008 2003 2,768 Arms Length
1400 Conservancy Drive E $380,000 $148 5/15/2008 1999 2,573 Arms Length
1304 Conservancy Drive $435,000 $155 5/2/2008 1998 2,813 Arms Length
1112 Lochknoll $630,000 $169 4/25/2008 2000 3,717 Arms Length
883 Hill Roost Road $319,250 $146 3/21/2008 1992 2,189 Arms Length
874 Hill Roost Road $489,900 $155 3/21/2008 2000 3,159 Arms Length
1391 Conservancy Drive East $365,000 $150 3/5/2008 1999 2,437 Arms Length
7083 Spicewood Lane $315,000 $145 1/31/2008 2001 2,175 Arms Length
7540 Preservation Road $465,000 $167 1/18/2008 2000 2,783 Arms Length
1113 Lochknoll Court $687,000 $157 1/14/2008 1997 4,381 Arms Length
7695 Willow Bastic Ct $365,000 $146 1/9/2008 1994 2,501 Arms Length
7116 Wooded Gorge Rd $390,000 $160 1/7/2008 1996 2,436 Arms Length

Thanks for stopping by and viewing another Tallahassee neighborhood report. Please check back from time to time as we analyze other subdivisions in Tallahassee (including updates on Summerbrooke home sales).

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Last modified: September 11, 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.

This IDX solution is (c) Diverse Solutions 2014.