Tallahassee Real Estate | Real Estate Tallahassee Florida | Homes For Sale Tallahassee
Century 21 Manausa & Associates - Tallahassee Real Estate
The housing market recovery is well underway for homeowners in Killearn Lakes Plantation.
When we look at the graph above, we see that unit sales are growing, and 1 in 4 of them are coming from distressed home sales.
Currently, there are 49 homes for sale in Killearn Lakes Plantation, and many are priced at levels not seen in nearly 10 years.
Contrary to confusing reports that suggest otherwise, Tallahassee property depreciation continues as sellers still outnumber buyers in the housing market.
When real estate agents show reports of rising prices, they typically are looking at the average (or median) price in one time period and then comparing it to a previous time period.
And while it is important to know the average price of homes in each Tallahassee neighborhood, it simply is not a valid method to determine or measure Tallahassee property depreciation.
We get many questions relating to the most active Tallahassee neighborhoods, and 2012 produced no big surprises.
The northeast quadrant of the Tallahassee real estate market had the most active Tallahassee neighborhoods, with 52% of all home sales being recorded there. When you see what we have assembled, it is obvious where people are choosing to move to right now.
We did not see the recovery in Killearn Lakes Plantation return as nicely as what occurred in Killearn Estates.
The real estate graph on the right shows that distressed home sales increased in 2012, and the number of lis pendens filed over the past 12 months seems to ensure that this trend continues through 2013.
With all the turmoil of the Tallahassee real estate market over the past 10 years, a question on the mind of many people these days is “What is my house worth now?”
It is so tempting to refinance a home or make the leap into a larger home with interest rates below 3.5%, so I’m not really surprised when people ask me questions about the value of their home.
Since a single blog post cannot possibly begin to report an answer to everybody’s question specifically regarding “What is my house worth now,” I have chosen to work an example using a random home in the Killearn Lakes Plantation subdivision in Tallahassee.
One of the most active neighborhoods that we monitor is Killearn Lakes Plantation in Tallahassee, and this popular NE Tallahassee subdivision continues moving along in this bumpy real estate market.
With several thousand homes existing and a current inventory of 58 homes for sale in Killearn Lakes Plantation in Tallahassee, I expect we will see this remain a top 3 community in Tallahassee for many years to come.
As we see in the real estate graph above though, there are a lot of distressed homes for sale that have been working through the system. These will continue to create pricing pressure for home sellers.
Thus far in 2012, there have been 46 homes sold in Killearn Lakes Plantation in Tallahassee for an average price of $189,185. This is only marginally higher than last year, and represents a 25% decline in home prices since the market peak in 2007.
Home values have declined 29% since the peak of the market, and about 5% in 2012 versus 2011. These changes in home values in Killearn Lakes Plantation in Tallahassee are moving opposite of the rising average home price, which is something that we have seen in most areas of Tallahassee. This means that buyers have stronger buying capabilities (lower interest rates) and are choosing to buy larger houses.
If you are thinking about selling a home in Killearn Lakes Plantation in Tallahassee, we can help you use market intelligence in your favor to get top dollar at the closing table.
If you would like to see how our progressive home selling plan works to get you moving, just drop me a note and we can schedule a time to show you.
Birthday Notice: If you happen to run into “Mama Lou” today, wish her a “Happy Birthday!”
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 1781 Copperfield Circle | $225,000 | $109 | 7/27/2012 | 2005 | 2,059 | Arms Length |
| 3309 Micanopy | $228,000 | $123 | 7/27/2012 | 2004 | 1,848 | Arms Length |
| 8804 Edenrock Lane | $197,000 | $103 | 7/26/2012 | 1986 | 1,913 | Arms Length |
| 2237 Tuscavilla Rd | $162,000 | $113 | 7/20/2012 | 1990 | 1,433 | Arms Length |
| 2312 Haverhill Road | $225,000 | $117 | 7/20/2012 | 1988 | 1,918 | Arms Length |
| 9932 Beaver Ridge Trl | $150,000 | $85 | 7/13/2012 | 1991 | 1,772 | Distressed |
| 3329 Cherokee Ridge Trl | $170,000 | $114 | 7/12/2012 | 2004 | 1,490 | Arms Length |
| 11025 Wildlife Trl | $268,000 | $121 | 6/29/2012 | 2006 | 2,209 | Arms Length |
| 3492 Rosemont Ridge Rd | $165,000 | $111 | 6/22/2012 | 2009 | 1,487 | Arms Length |
| 1612 Chadwick Way | $250,000 | $105 | 6/18/2012 | 1992 | 2,376 | Arms Length |
| 1609 Chadwick Way | $245,000 | $88 | 6/15/2012 | 1990 | 2,772 | Distressed |
| 2433 Bass Bay Dr | $291,000 | $110 | 6/14/2012 | 1985 | 2,637 | Arms Length |
| 10412 Merribrook Ln | $205,000 | $108 | 6/11/2012 | 1996 | 1,897 | Arms Length |
| 3520 Larkspur Lane | $143,000 | $86 | 6/8/2012 | 1987 | 1,662 | Distressed |
| 8721 Minnow Creek Drive | $204,000 | $90 | 5/25/2012 | 1989 | 2,271 | Arms Length |
| 3516 Larkspur Ln | $145,000 | $65 | 5/24/2012 | 1985 | 2,234 | Distressed |
| 9929 Beaver Ridge Trail | $250,000 | $104 | 5/15/2012 | 1990 | 2,401 | Arms Length |
| 2988 Killearn Pointe Crt | $320,000 | $145 | 5/8/2012 | 1999 | 2,210 | Arms Length |
| 2249 Tuscavilla Road | $150,400 | $95 | 5/4/2012 | 1990 | 1,587 | Distressed |
| 3460 Rosemont Ridge | $155,000 | $111 | 4/30/2012 | 1982 | 1,402 | Arms Length |
| 9409 Buck Haven Trail | $215,000 | $99 | 4/30/2012 | 1994 | 2,172 | Arms Length |
| 1216 Pheasant Run | $173,000 | $94 | 4/23/2012 | 2000 | 1,841 | Distressed |
| 2989 Killearn Point Court | $245,000 | $127 | 4/16/2012 | 1999 | 1,935 | Arms Length |
| 8259 Chickasaw Trail | $121,500 | $67 | 4/12/2012 | 1986 | 1,810 | Distressed |
| 3432 Briar Branch Trail | $163,800 | $104 | 4/6/2012 | 1977 | 1,580 | Arms Length |
| 1583 Copperfield Circle | $215,000 | $98 | 4/5/2012 | 1991 | 2,198 | Distressed |
| 1801 Bridgemont Trail | $143,600 | $101 | 3/30/2012 | 1991 | 1,421 | Arms Length |
| 3439 Treaty Oak Trail | $215,000 | $113 | 3/30/2012 | 2008 | 1,896 | Arms Length |
| 10032 Leafwood Drive | $203,000 | $134 | 3/28/2012 | 1997 | 1,513 | Arms Length |
| 3463 Hawks Hill Trail | $175,000 | $109 | 3/22/2012 | 2005 | 1,600 | Arms Length |
| 8185 Blue Quill Trail | $205,300 | $70 | 3/20/2012 | 1987 | 2,938 | Distressed |
| 7733 Briarcreek Road | $105,500 | $84 | 3/14/2012 | 1984 | 1,256 | Distressed |
| 2231 Pine Landing Court | $105,000 | $71 | 3/6/2012 | 2000 | 1,478 | Distressed |
| 3205 Horseshoe Trail | $200,000 | $86 | 2/24/2012 | 1990 | 2,318 | Distressed |
| 11101 Wildlife Trl | $175,000 | $77 | 2/24/2012 | 1990 | 2,284 | Distressed |
| 11056 Wildlife Trail | $237,500 | $101 | 2/17/2012 | 1994 | 2,342 | Arms Length |
| 8716 Spring Shore Trl | $255,000 | $97 | 2/10/2012 | 1986 | 2,629 | Arms Length |
| 1830 Folkstone Rd | $149,000 | $102 | 2/3/2012 | 1990 | 1,468 | Arms Length |
| 8825 Minnow Creek Drive | $104,900 | $93 | 1/25/2012 | 1987 | 1,124 | Distressed |
| 3460 Rosemont Ridge Rd | $96,000 | $68 | 1/24/2012 | 1982 | 1,402 | Distressed |
| 9901 Turtle Dove Way | $157,500 | $108 | 1/23/2012 | 1990 | 1,460 | Arms Length |
| 1592 Copperfield Circle | $221,500 | $97 | 1/23/2012 | 1989 | 2,288 | Arms Length |
| 1604 Norwood Lane | $188,000 | $102 | 1/20/2012 | 1992 | 1,850 | Arms Length |
| 8137 Blue Quill Trl | $129,999 | $61 | 1/13/2012 | 1987 | 2,148 | Distressed |
| 1679 Folkstone Rd | $162,000 | $110 | 1/13/2012 | 1997 | 1,468 | Arms Length |
| 9300 Buck Haven Trail | $192,000 | $98 | 1/12/2012 | 1990 | 1,954 | Arms Length |
| 1827 Folkstone Rd | $94,000 | $62 | 12/30/2011 | 1992 | 1,505 | Distressed |
| 3423 Briar Branch Trail | $155,000 | $98 | 12/30/2011 | 1977 | 1,582 | Arms Length |
| 2965 Killearn Pointe Ct | $225,000 | $120 | 12/27/2011 | 1997 | 1,882 | Arms Length |
| 10112 Twisting Vine Court | $179,900 | $99 | 12/22/2011 | 2000 | 1,811 | Arms Length |
| 3554 Dogwood Valley | $172,500 | $120 | 12/19/2011 | 2003 | 1,435 | Arms Length |
| 7805 Thornhill Lane | $225,000 | $112 | 12/19/2011 | 1974 | 2,015 | Arms Length |
| 8308 Chickasaw Trail | $165,000 | $104 | 12/16/2011 | 1993 | 1,585 | Arms Length |
| 9112 Hickorynut | $157,500 | $112 | 12/15/2011 | 1992 | 1,412 | Arms Length |
| 3543 Rosemont Ridge Rd | $172,000 | $91 | 12/14/2011 | 1986 | 1,888 | Arms Length |
| 2261 Tuscavilla Road | $190,000 | $103 | 12/9/2011 | 1990 | 1,849 | Arms Length |
| 1805 Log Ridge Trail | $247,500 | $102 | 12/5/2011 | 1994 | 2,432 | Arms Length |
| 9500 Buck Haven Trail | $200,000 | $96 | 11/30/2011 | 1992 | 2,083 | Arms Length |
| 3316 Micanopy Trl | $145,000 | $114 | 11/29/2011 | 1985 | 1,274 | Arms Length |
| 8227 Hunters Ridge Trail | $151,000 | $108 | 11/28/2011 | 1993 | 1,404 | Arms Length |
| 8121 Blue Quill Trl | $235,500 | $101 | 11/23/2011 | 1988 | 2,332 | Arms Length |
| 7816 Briarcreek Road | $179,900 | $106 | 11/21/2011 | 2008 | 1,694 | Arms Length |
| 8130 Blue Quill Trl | $260,366 | $76 | 11/18/2011 | 1986 | 3,440 | Arms Length |
| 7825 Briarcreek Rd N | $220,000 | $120 | 11/14/2011 | 2000 | 1,830 | Arms Length |
| 3261 Lilburn Court | $215,000 | $110 | 11/1/2011 | 1999 | 1,956 | Arms Length |
| 2001 Morning Dove Road | $185,000 | $105 | 10/28/2011 | 1997 | 1,762 | Arms Length |
| 9888 Deer Lake N | $370,000 | $128 | 10/28/2011 | 2002 | 2,894 | Arms Length |
| 3309 Cherokee Ridge Trail | $155,000 | $103 | 10/27/2011 | 1983 | 1,508 | Distressed |
| 2230 Tuscavilla Road | $189,900 | $115 | 10/27/2011 | 1986 | 1,655 | Arms Length |
| 9912 Beaver Ridge Trail | $237,000 | $107 | 10/24/2011 | 1990 | 2,221 | Arms Length |
| 3411 Cherokee Ridge Trail | $116,000 | $105 | 10/21/2011 | 1984 | 1,110 | Arms Length |
| 7742 N Briarcreek | $142,500 | $107 | 10/18/2011 | 1984 | 1,337 | Arms Length |
| 1753 Copperfield Circle | $226,900 | $114 | 10/7/2011 | 1990 | 1,992 | Arms Length |
| 3480 Hawks Hill Trail | $150,000 | $115 | 9/30/2011 | 1997 | 1,300 | Distressed |
| 9804 Thunder Hill Trail | $222,500 | $115 | 9/28/2011 | 1990 | 1,930 | Arms Length |
| 7772 Briarcreek Rd N | $172,000 | $110 | 9/26/2011 | 1985 | 1,561 | Arms Length |
| 7741 N Briarcreek Road | $155,000 | $110 | 9/9/2011 | 1984 | 1,408 | Arms Length |
| 9112 Birch Run Lane | $177,000 | $110 | 8/26/2011 | 1987 | 1,614 | Arms Length |
| 2994 Killearn Pointe Court | $404,900 | $119 | 8/25/2011 | 2005 | 3,400 | Distressed |
| 9909 Beaver Ridge Trail | $165,900 | $100 | 8/18/2011 | 1991 | 1,661 | Distressed |
| 1507 Breamstone Ridge | $202,000 | $117 | 8/17/2011 | 2000 | 1,728 | Arms Length |
| 9381 Buck Haven Trail | $199,900 | $90 | 8/17/2011 | 1994 | 2,228 | Arms Length |
| 1883 Log Ridge Trail | $160,000 | $89 | 8/15/2011 | 1991 | 1,806 | Distressed |
| 3414 Treaty Oak | $214,000 | $126 | 8/8/2011 | 2011 | 1,701 | Arms Length |
| 9832 Thunder Hill Trail | $208,000 | $96 | 8/5/2011 | 1989 | 2,178 | Arms Length |
| 3359 Micanopy Trail | $167,000 | $104 | 8/5/2011 | 1985 | 1,603 | Arms Length |
Thank you for reviewing our Tallahassee neighborhood report for Killearn Lakes Plantation in Tallahassee, please don’t hesitate to provide feedback in the comments section below.
It’s time for another update on home sales in Golden Eagle Plantation in the 32312 zip code of Northeast Tallahassee.
Located in Killearn Lakes and home to the Tom Fazio designed Golden Eagle golf course, this popular NE Tallahassee neighborhood has beat the market in holding home values thus far.
Home sales are down well over 50% since the peak of the market, but you find that home sales in Golden Eagle Plantation have fared far better than most in terms of price and value.
Home sales in Golden Eagle Plantation reached the pricing peak back in 2007, when the average home sold for $565,000 (2009 was higher due but due to one very large sale). Thus far in 2012, the average price of home sales in Golden Eagle Plantation has been $450,000, which represents about a 20% decline. With the rest of the market well over 32%, this is good news for homeowners in Golden Eagle.
Home values are down as well, but only down 24% since the peak of the market. The average value of home sales in Golden Eagle Plantation in 2006 was $174 per square foot compared with $133 per square foot through May 2012. The real estate graph below shows that we have dropped another percent this year versus last year, and I would expect this margin to widen further before year’s end.
There are currently 60 homes for sale in Golden Eagle Plantation (nearly two years of supply) and we are starting to see asking prices drop. If you are thinking about selling a home in Golden Eagle, 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.
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 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 | Arms Length |
| 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 |
| 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 |
| 1643 Eagles Watch Way | $187,000 | $92 | 12/13/2011 | 2003 | 2,026 | Distressed |
| 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 East | $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 | Arms Length |
| 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 Court | $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 East | $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 | Arms Length |
| 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 |
Thank you for checking out our most recent Tallahassee neighborhood report. Please check back again for more reports including updates on home sales in Golden Eagle Plantation.
One question that out-of-town homebuyers always get around to asking is “what are the top neighborhoods in Tallahassee.”
Of course, my answer is always “it depends.” Everybody has their own wishes, wants and desires, so I would think the top neighborhoods in Tallahassee could be defined in different ways for different people.
For example, a young family might favor a neighborhood with a park, whereas a single professional might prefer access to restaurants. It all really comes down to the needs of the homebuyer.
But many of them also want to know where “everybody” is moving, so I show them this graph of the top neighborhoods in Tallahassee, based on the number of closed home sales each one has reported year to date.
Thus far in 2012, the usual suspects lead the top five, though a typical top six finisher (Killearn Acres) has dropped all the way to the number ten position.
Killearn Estates has started strong with 35 home sales through May, while Killearn Lakes follows close behind with 32.
Southwood, the previous year’s leader, has dropped to third and has recorded just 28 home sales through May. Bull Run and Golden Eagle Plantation round out the top five.
Our report makes it clear that perennial favorites continue to be the most active for home sales in Tallahassee. But that does not mean a wise buyer is only looking at homes in these limited locations.
The 17 top neighborhoods in Tallahassee, as shown in the real estate graph above, makes up only 40% of all home sales this year. In fact, there have been home sales in 1,236 other neighborhoods in Tallahassee thus far in 2012, and we are not even half way through the year.
So yes, you can find plenty of homes for sale in the more popular subdivisions, but there are even more in the lesser known neighborhoods.
So take some exploring all the wonderful communities around Tallahassee, then make your own choices for the top neighborhoods in Tallahassee.
Having started my Tallahassee real estate career with Killearn Lakes home sales, I find myself (nearly) speechless when observing the rapid rise of distressed properties in this wonderful Tallahassee neighborhood located in the 32312 zip code.
This was the final jewel in the crown of Killearn Properties, a neighborhood that was designed to be everything the successful Killearn Estates had been, with the addition of a world class Tom Fazio golf course located within the gates of Golden Eagle Plantation.
With everything this community has to offer, Killearn Lakes home sales still continue to decline in value, offering home buyers incredible deals at prices last seen in 2002.
When we take in all Killearn Lakes home sales, we find that the average sales price in 2012 thus far is $181,000, down 28% from the $252,000 recorded in 2007. With more foreclosure filings recently announced, I would expect this downward trend to continue.
More importantly, real estate depreciation for Killearn Lakes home sales has crested the 30% level. While this is lower than the average in Tallahassee, it still is wreaking havoc. The average value of a home sold in Killearn Lakes Plantation in 2012 has been $97 per square foot, a far cry from the $139 per square foot recorded in 2007.
With the end of the robo-signing scandal well behind us, it is not too surprising that Killearn Lakes home sales are taking their lumps like everybody else. The real estate graph below shows that 40% percent of all homes sold in Killearn Lakes Plantation in 2012 have been short sales, foreclosures, or bank owned properties.
If you own a home in Killearn Lakes Plantation and are trying to decide what to do, you could either read our free book “Should I Short Sale My Home?” or just go straight to the source.
You can drop me a note anytime in order to schedule a time to talk about your specific situation and needs. After speaking directly with over 250 homeowners in the past year about handling this tough housing market, I can tell you that you will feel much better knowing all of the options available to you today.
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 9929 Beaver Ridge Trail | $250,000 | $104 | 5/15/2012 | 1990 | 2,401 | Arms Length |
| 2988 Killearn Pointe Crt | $320,000 | $145 | 5/8/2012 | 1999 | 2,210 | Arms Length |
| 2249 Tuscavilla Road | $150,400 | $95 | 5/4/2012 | 1990 | 1,587 | Distressed |
| 3460 Rosemont Ridge | $155,000 | $111 | 4/30/2012 | 1982 | 1,402 | Arms Length |
| 9409 Buck Haven Trail | $215,000 | $99 | 4/30/2012 | 1994 | 2,172 | Arms Length |
| 1216 Pheasant Run | $173,000 | $94 | 4/23/2012 | 2000 | 1,841 | Distressed |
| 2989 Killearn Point Court | $245,000 | $127 | 4/16/2012 | 1999 | 1,935 | Arms Length |
| 8259 Chickasaw Trail | $121,500 | $67 | 4/12/2012 | 1986 | 1,810 | Distressed |
| 3432 Briar Branch Trail | $163,800 | $104 | 4/6/2012 | 1977 | 1,580 | Arms Length |
| 1583 Copperfield Circle | $215,000 | $98 | 4/5/2012 | 1991 | 2,198 | Distressed |
| 1801 Bridgemont Trail | $143,600 | $101 | 3/30/2012 | 1991 | 1,421 | Arms Length |
| 3439 Treaty Oak Trail | $215,000 | $113 | 3/30/2012 | 2008 | 1,896 | Arms Length |
| 10032 Leafwood Drive | $203,000 | $134 | 3/28/2012 | 1997 | 1,513 | Arms Length |
| 3463 Hawks Hill Trail | $175,000 | $109 | 3/22/2012 | 2005 | 1,600 | Arms Length |
| 8185 Blue Quill Trail | $205,300 | $70 | 3/20/2012 | 1987 | 2,938 | Distressed |
| 7733 Briarcreek Road | $105,500 | $84 | 3/14/2012 | 1984 | 1,256 | Distressed |
| 2231 Pine Landing Court | $105,000 | $71 | 3/6/2012 | 2000 | 1,478 | Distressed |
| 3205 Horseshoe Trail | $200,000 | $86 | 2/24/2012 | 1990 | 2,318 | Distressed |
| 11101 Wildlife Trl | $175,000 | $77 | 2/24/2012 | 1990 | 2,284 | Distressed |
| 11056 Wildlife Trail | $237,500 | $101 | 2/17/2012 | 1994 | 2,342 | Arms Length |
| 8716 Spring Shore Trl | $255,000 | $97 | 2/10/2012 | 1986 | 2,629 | Arms Length |
| 1830 Folkstone Rd | $149,000 | $102 | 2/3/2012 | 1990 | 1,468 | Arms Length |
| 8825 Minnow Creek Drive | $104,900 | $93 | 1/25/2012 | 1987 | 1,124 | Distressed |
| 3460 Rosemont Ridge Rd | $96,000 | $68 | 1/24/2012 | 1982 | 1,402 | Distressed |
| 9901 Turtle Dove Way | $157,500 | $108 | 1/23/2012 | 1990 | 1,460 | Arms Length |
| 1592 Copperfield Circle | $221,500 | $97 | 1/23/2012 | 1989 | 2,288 | Arms Length |
| 1604 Norwood Lane | $188,000 | $102 | 1/20/2012 | 1992 | 1,850 | Arms Length |
| 8137 Blue Quill Trl | $129,999 | $61 | 1/13/2012 | 1987 | 2,148 | Distressed |
| 1679 Folkstone Rd | $162,000 | $110 | 1/13/2012 | 1997 | 1,468 | Arms Length |
| 9300 Buck Haven Trail | $192,000 | $98 | 1/12/2012 | 1990 | 1,954 | Arms Length |
| 1827 Folkstone Rd | $94,000 | $62 | 12/30/2011 | 1992 | 1,505 | Distressed |
| 3423 Briar Branch Trail | $155,000 | $98 | 12/30/2011 | 1977 | 1,582 | Arms Length |
| 2965 Killearn Pointe Ct | $225,000 | $120 | 12/27/2011 | 1997 | 1,882 | Arms Length |
| 10112 Twisting Vine Court | $179,900 | $99 | 12/22/2011 | 2000 | 1,811 | Arms Length |
| 3554 Dogwood Valley | $172,500 | $120 | 12/19/2011 | 2003 | 1,435 | Arms Length |
| 7805 Thornhill Lane | $225,000 | $112 | 12/19/2011 | 1974 | 2,015 | Arms Length |
| 8308 Chickasaw Trail | $165,000 | $104 | 12/16/2011 | 1993 | 1,585 | Arms Length |
| 9112 Hickorynut | $157,500 | $112 | 12/15/2011 | 1992 | 1,412 | Arms Length |
| 3543 Rosemont Ridge Rd | $172,000 | $91 | 12/14/2011 | 1986 | 1,888 | Arms Length |
| 2261 Tuscavilla Road | $190,000 | $103 | 12/9/2011 | 1990 | 1,849 | Arms Length |
| 1805 Log Ridge Trail | $247,500 | $102 | 12/5/2011 | 1994 | 2,432 | Arms Length |
| 9500 Buck Haven Trail | $200,000 | $96 | 11/30/2011 | 1992 | 2,083 | Arms Length |
| 3316 Micanopy Trl | $145,000 | $114 | 11/29/2011 | 1985 | 1,274 | Arms Length |
| 8227 Hunters Ridge Trail | $151,000 | $108 | 11/28/2011 | 1993 | 1,404 | Arms Length |
| 8121 Blue Quill Trl | $235,500 | $101 | 11/23/2011 | 1988 | 2,332 | Arms Length |
| 7816 Briarcreek Road | $179,900 | $106 | 11/21/2011 | 2008 | 1,694 | Arms Length |
| 8130 Blue Quill Trl | $260,366 | $76 | 11/18/2011 | 1986 | 3,440 | Arms Length |
| 7825 Briarcreek Rd N | $220,000 | $120 | 11/14/2011 | 2000 | 1,830 | Arms Length |
| 3261 Lilburn Court | $215,000 | $110 | 11/1/2011 | 1999 | 1,956 | Arms Length |
| 2001 Morning Dove Road | $185,000 | $105 | 10/28/2011 | 1997 | 1,762 | Arms Length |
| 9888 Deer Lake N | $370,000 | $128 | 10/28/2011 | 2002 | 2,894 | Arms Length |
| 3309 Cherokee Ridge Trail | $155,000 | $103 | 10/27/2011 | 1983 | 1,508 | Distressed |
| 2230 Tuscavilla Road | $189,900 | $115 | 10/27/2011 | 1986 | 1,655 | Arms Length |
| 9912 Beaver Ridge Trail | $237,000 | $107 | 10/24/2011 | 1990 | 2,221 | Arms Length |
| 3411 Cherokee Ridge Trail | $116,000 | $105 | 10/21/2011 | 1984 | 1,110 | Arms Length |
| 7742 N Briarcreek | $142,500 | $107 | 10/18/2011 | 1984 | 1,337 | Arms Length |
| 1753 Copperfield Circle | $226,900 | $114 | 10/7/2011 | 1990 | 1,992 | Arms Length |
| 3480 Hawks Hill Trail | $150,000 | $115 | 9/30/2011 | 1997 | 1,300 | Distressed |
| 9804 Thunder Hill Trail | $222,500 | $115 | 9/28/2011 | 1990 | 1,930 | Arms Length |
| 7772 Briarcreek Rd N | $172,000 | $110 | 9/26/2011 | 1985 | 1,561 | Arms Length |
| 7741 N Briarcreek Road | $155,000 | $110 | 9/9/2011 | 1984 | 1,408 | Arms Length |
| 9112 Birch Run Lane | $177,000 | $110 | 8/26/2011 | 1987 | 1,614 | Arms Length |
| 2994 Killearn Pointe Court | $404,900 | $119 | 8/25/2011 | 2005 | 3,400 | Distressed |
| 9909 Beaver Ridge Trail | $165,900 | $100 | 8/18/2011 | 1991 | 1,661 | Distressed |
| 1507 Breamstone Ridge | $202,000 | $117 | 8/17/2011 | 2000 | 1,728 | Arms Length |
| 9381 Buck Haven Trail | $199,900 | $90 | 8/17/2011 | 1994 | 2,228 | Arms Length |
| 1883 Log Ridge Trail | $160,000 | $89 | 8/15/2011 | 1991 | 1,806 | Distressed |
| 3414 Treaty Oak | $214,000 | $126 | 8/8/2011 | 2011 | 1,701 | Arms Length |
| 9832 Thunder Hill Trail | $208,000 | $96 | 8/5/2011 | 1989 | 2,178 | Arms Length |
| 3359 Micanopy Trail | $167,000 | $104 | 8/5/2011 | 1985 | 1,603 | Arms Length |
| 1560 Copperfield Circle | $210,000 | $95 | 7/22/2011 | 1991 | 2,220 | Distressed |
| 9353 Buck Haven Trail | $156,000 | $82 | 7/12/2011 | 1991 | 1,898 | Distressed |
| 2205 Wood Duck Way | $120,000 | $77 | 7/11/2011 | 1990 | 1,552 | Distressed |
| 9481 Buck Haven Trail | $149,800 | $80 | 7/8/2011 | 1991 | 1,884 | Distressed |
| 2204 Ten Oaks Drive | $134,000 | $61 | 7/1/2011 | 1989 | 2,190 | Arms Length |
| 3557 Rosemont Ridge Rd. | $169,000 | $109 | 7/1/2011 | 2004 | 1,552 | Arms Length |
| 8201 Hunters Ridge Trail | $119,000 | $100 | 6/30/2011 | 1988 | 1,196 | Distressed |
| 10507 Blue Wing Court | $349,459 | $118 | 6/30/2011 | 1991 | 2,969 | Arms Length |
| 3425 Hawks Hill Trail | $155,000 | $110 | 6/30/2011 | 1984 | 1,404 | Arms Length |
| 1604 Chadwick Way | $274,900 | $115 | 6/30/2011 | 1993 | 2,387 | Arms Length |
| 8386 Chickasaw Trail | $135,000 | $99 | 6/28/2011 | 1985 | 1,369 | Arms Length |
| 8377 Hunters Ridge Trail | $86,000 | $86 | 6/27/2011 | 1993 | 1,000 | Distressed |
| 8026 Briarcreek | $135,500 | $102 | 6/22/2011 | 1983 | 1,330 | Arms Length |
| 7900 Briar Creek | $148,000 | $110 | 6/20/2011 | 1994 | 1,342 | Arms Length |
| 2212 Ten Oaks Drive | $638,000 | $131 | 6/20/2011 | 2003 | 4,879 | Arms Length |
| 3376 Barrow Hill Trail | $185,000 | $116 | 6/15/2011 | 2000 | 1,596 | Arms Length |
| 1702 Folkstone Road | $162,500 | $123 | 6/10/2011 | 1993 | 1,320 | Arms Length |
| 3508 Cherokee Ridge Trail | $145,000 | $99 | 6/10/2011 | 1984 | 1,460 | Arms Length |
| 1600 Folkstone Rd | $114,900 | $84 | 6/8/2011 | 1991 | 1,370 | Distressed |
| 8747 Minnow Creek Drive | $120,000 | $96 | 6/3/2011 | 1991 | 1,255 | Distressed |
| 12065 Cedar Bluff Trail | $315,000 | $116 | 6/3/2011 | 1990 | 2,720 | Arms Length |
| 1628 Chadwick Way | $250,000 | $108 | 6/3/2011 | 1996 | 2,323 | Arms Length |
| 8301 Chickasaw Trail | $173,000 | $118 | 6/2/2011 | 1987 | 1,463 | Arms Length |
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I hope this blog post gave you the information you were seeking on Killearn Lakes Home Sales, please come back again for other Tallahassee neighborhood reports and updates on Killearn Lakes Plantation.
In October of 2009, I warned about a tidal wave of distressed property sales coming our way, and it now appears as if they have arrived.
Thus far in April, 42% of all residential closings were distressed property sales, and the one year average is at 33%. Simply put, one in every three homes sold in Tallahassee over the past year has been a short sale, foreclosure, or bank owned property.
When we look at a graph of the rising trend, the analogy of the tidal wave is hard to overlook.
In the real estate graph below, we see arms length home sales plotted in green, while distressed property sales are shown in red. The monthly measurement of distressed properties as a percentage of all homes sold in Tallahassee is shown in red, and the one year average is shown in blue.
Now that the robo-signing scandal is behind us, don’t be surprised when we see that red line start popping above the 50% level. The market for short sales in Tallahassee is growing, as banks are reducing the time it takes to process a file. This can only be seen as a step in the right direction, though arms-length home sellers will be hard pressed to sell a home without competing on price.
| Neighborhood | Address | SP | Price/ SQF | Closing Date | Year Built | SQF |
| Forest Green | 2034 Sugar Maple Court | $127,000 | $82 | 4/20/2012 | 1985 | 1,550 |
| Villages At Wilson Green | 4206 Ridge Haven Rd | $71,400 | $56 | 4/20/2012 | 2007 | 1,286 |
| Emerald Acres | 2725 Gemstone Lane | $150,000 | $69 | 4/20/2012 | 1996 | 2,189 |
| Lake Cassie | 1825 Benado Lomas Drive | $225,000 | $93 | 4/19/2012 | 2004 | 2,412 |
| Twin Lakes Community | 1518 Twin Lakes Circle | $78,600 | $68 | 4/19/2012 | 1982 | 1,152 |
| Woodbriar | 3298 Sawtooth Drive | $67,000 | $50 | 4/18/2012 | 2005 | 1,328 |
| Woodrun Garden Homes | 2563 Chandalar Lane | $114,000 | $72 | 4/18/2012 | 2007 | 1,579 |
| Mission Manor | 6144 Greenon Lane | $49,900 | $44 | 4/18/2012 | 1981 | 1,126 |
| Mallard Pond | 5269 Quail Valley Road | $490,000 | $105 | 4/18/2012 | 2002 | 4,671 |
| Chase’s Run | 2740 W Tharpe Street | $61,380 | $51 | 4/17/2012 | 2005 | 1,212 |
| Woodbriar | 3285 Sawtooth Drive | $67,000 | $50 | 4/17/2012 | 2005 | 1,328 |
| Adams Place Condominiums | 3000 S Adams Street | $57,000 | $45 | 4/16/2012 | 2005 | 1,264 |
| Mystic Woods Condominiums | 317-213 Mabry Street | $32,500 | $40 | 4/16/2012 | 1984 | 808 |
| Dry Creek Run | 3571 Clear Creek Dr | $92,500 | $66 | 4/16/2012 | 2005 | 1,399 |
| Pebble Brooke | 782 Brooke Manor Dr | $105,000 | $76 | 4/13/2012 | 2007 | 1,377 |
| Merry Oaks Townhomes | 1535 Merry Oaks Court | $55,000 | $57 | 4/13/2012 | 1988 | 960 |
| Woodbriar | 3337 Woodbriar Lane | $120,000 | $75 | 4/13/2012 | 2006 | 1,610 |
| Village Square Townhomes | 1515-34C Paul Russell Rd | $38,700 | $26 | 4/13/2012 | 1975 | 1,475 |
| Dry Creek Run | 901 Saddle Creek Run | $76,000 | $61 | 4/13/2012 | 2005 | 1,249 |
| John Davis Prop Unrec | 1702 Ferndale Place | $153,000 | $84 | 4/13/2012 | 1981 | 1,811 |
| Wolf Creek | 1941 Nena Hills Drive | $72,000 | $54 | 4/13/2012 | 2005 | 1,344 |
| Jacksons Gap | 5620 Jacksons Gap Road | $199,900 | $123 | 4/12/2012 | 2010 | 1,630 |
| Killearn Lakes | 8259 Chickasaw Trail | $121,500 | $67 | 4/12/2012 | 1986 | 1,810 |
| Bluffs At Deerpointe | 6714 Walden Circle | $162,000 | $80 | 4/12/2012 | 1988 | 2,024 |
| Oak Ridge South | 279 Oakview Drive | $24,000 | $19 | 4/12/2012 | 1977 | 1,276 |
| Harbinwood Estates | 2138 Faulk Drive | $125,000 | $85 | 4/10/2012 | 1979 | 1,479 |
| Miccosukee Hills | 1508 Coombs Dr | $122,000 | $76 | 4/9/2012 | 1959 | 1,597 |
| Griffin College Heights | 1002 Clay St | $20,000 | $20 | 4/9/2012 | 1959 | 1,008 |
| None | 921 Splendor Road | $87,000 | $73 | 4/9/2012 | 2006 | 1,196 |
| Hampton Creek | 5582 Hampton Hill Cir | $140,000 | $89 | 4/8/2012 | 2006 | 1,571 |
| Southwood | 3558 Four Oaks Blvd | $157,000 | $89 | 4/6/2012 | 2005 | 1,760 |
| Summerbrooke | 1001 Summerbrooke Drive | $365,000 | $81 | 4/6/2012 | 1995 | 4,500 |
| Killearn Lakes | 1583 Copperfield Circle | $215,000 | $98 | 4/5/2012 | 1991 | 2,198 |
| Eastgate | 2724 Bedford Way | $113,000 | $74 | 4/5/2012 | 1974 | 1,528 |
| Lakeshore Estates | 280 Timberlane Road | $135,000 | $86 | 4/5/2012 | 1993 | 1,564 |
| Indianhead Acres | 1605 Wekewa Nene | $69,000 | $45 | 4/5/2012 | 1969 | 1,522 |
| Talco Hills | 2441-C Talco Hills Drive | $39,500 | $44 | 4/4/2012 | 1983 | 896 |
| Wren Hollow Unrecorded | 2478-B Wren Hollow Drive | $32,500 | $39 | 4/3/2012 | 1981 | 828 |
| Baker Place | 6934 Grenville Road | $410,000 | $119 | 4/3/2012 | 2000 | 3,443 |
| Brighton Place Condos | 1575 Paul Russell | $103,000 | $59 | 4/2/2012 | 2006 | 1,740 |
| Richview Park Unrec | 452 Richview Park Circle West | $79,900 | $85 | 4/2/2012 | 1991 | 936 |
| Village Square Townhomes | 1515 Paul Russell | $30,000 | $20 | 4/2/2012 | 1975 | 1,511 |
| Woodbriar | 3252 Sugar Berry | $65,000 | $49 | 4/2/2012 | 2005 | 1,338 |
| Talco Hills | 2441-A Talco Hills | $38,830 | $35 | 4/2/2012 | 1984 | 1,100 |
| Chase’s Ridge | 1143 Brafforton Drive | $79,000 | $78 | 3/30/2012 | 1990 | 1,008 |
| Tyson Green | 3693 Tyson Way | $60,000 | $48 | 3/30/2012 | 2008 | 1,260 |
| Killearn Acres | 6483 Joe Cotton | $70,133 | $52 | 3/30/2012 | 1982 | 1,356 |
| Bloxham Heights Unrec | 1606 Levy Ave | $22,000 | $21 | 3/30/2012 | 1963 | 1,072 |
| Wolf Creek | 1684 Corey Wood Cir | $62,000 | $50 | 3/30/2012 | 2006 | 1,242 |
| Chase’s Run | 2740 W Tharpe Street | $55,000 | $45 | 3/30/2012 | 2005 | 1,212 |
| Lakeside | 4350 Cool View | $135,000 | $85 | 3/30/2012 | 1997 | 1,587 |
| Adams Place Condominiums | 3000 S Adams Street | $48,300 | $47 | 3/30/2012 | 2006 | 1,037 |
| None | 511 Lynndale Drive | $28,630 | $34 | 3/30/2012 | 1955 | 850 |
| Villa Mitchell | 770 Sw Wailes Street | $40,000 | $40 | 3/30/2012 | 2006 | 988 |
| Carolina Oaks |