Distressed Home Sales Pressure Home Values In Harbinwood Estates
Located just to the south of Lake Jackson, one can find perennially popular Harbinwood Estates, with roughly 250 homes that have been consistent performers among the top selling neighborhoods in the Tallahassee real estate market.
While not producing high sales numbers like the top 5 subdivisions (Southwood, Golden Eagle Plantation, Killearn Estates, Killearn Lakes Plantation and Bull Run), Harbinwood Estates does see enough home sales to often times drop into the top 40 most active neighborhoods in the Tallahassee MLS.
Thus far in 2014, Harbinwood Estates ranks tied for #11 based upon 5 home sales with an average sales price of $194,900 and a value of $73 per square foot.
Does that means you are getting a 2,676 square foot home for just under $195K right next to popular Lake Jackson?
Currently, there are 4 homes for sale in Harbinwood Estates, 2 of which are already under contract.1 April 2014