The trend for falling Weems Plantation home values continues, as this “newish” NE Tallahassee neighborhood fights to keep from being overrun by distressed property sales.
Like in many other neighborhoods born just before or during the boom of the housing market, Weems Plantation home owners are likely to find themselves on a similar move-cycle as their neighbors, which isn’t good during a buyers market.
Currently, there are only 3 homes for sale in Weems Plantation, but I would be concerned about more coming onto the market.
As we see in the real estate graph above, distressed property sales are on the rise, and this is driving down home values.
YTD Weems Plantation Home Sales
Thus far in 2012, the number of Weems Plantation home sales seems to be consistent with the past few years, but only a fraction of the pace of what we saw at the boom of the housing market. What is going to happen when that large group of people decide to move?
Weems Plantation Home Prices
The average sales price of a Weems Plantation home in 2012 has been $158,600, down about 24% since the peak of the housing market. While it looks like prices might be on the mend, the reality is that the average size of homes sold in Weems Plantation this year is 10% larger than any previous year. This means buyers can spend more, but demand more for their money.
Weems Plantation Home Values
The average Weems Plantation home value thus far in 2012 is $105 per square foot, down 30% from the $149 per square foot attained in 2007. Values thus far are down 8% in 2012 versus the 2011 average, so home owners need to understand what it takes to get moved.
If you are thinking of selling a Weems Plantation home, I can help you find the best possible value in today’s tough housing market. If you would like to see how, just drop me a note and we can schedule at time to see how our plan will work for you..
Recent Weems Plantation Home Sales
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 3525 Lands End Lane | $147,000 | $114 | 7/30/2012 | 2003 | 1,285 | Arms Length |
| 3308 Dartmouth Drive | $188,000 | $105 | 6/29/2012 | 2004 | 1,799 | Arms Length |
| 3468 Gentle Wind Way | $175,000 | $100 | 6/15/2012 | 1999 | 1,751 | Arms Length |
| 3520 Barnstaple Drive | $160,000 | $103 | 5/4/2012 | 2004 | 1,557 | Distressed |
| 3468 Gentle Wind Way | $140,000 | $97 | 4/19/2012 | 1999 | 1,448 | Arms Length |
| 3200 Emerson Lane | $152,000 | $122 | 3/30/2012 | 2000 | 1,246 | Arms Length |
| 3497 Barnstaple Drive | $143,200 | $82 | 3/23/2012 | 2004 | 1,749 | Distressed |
| 3300 Dartmouth Drive | $176,000 | $106 | 3/16/2012 | 2001 | 1,661 | Arms Length |
| 3263 Emerson Ln | $140,000 | $109 | 3/6/2012 | 2002 | 1,280 | Arms Length |
| 3330 Dartmouth Dr | $134,500 | $94 | 2/29/2012 | 2002 | 1,432 | Distressed |
| 3232 Bodmin Moor Drive | $180,000 | $128 | 2/17/2012 | 2001 | 1,411 | Arms Length |
| 3480 Barnstaple Dr. | $167,500 | $112 | 1/25/2012 | 2003 | 1,502 | Arms Length |
| 3522 Lands End Lane | $145,000 | $108 | 12/21/2011 | 2003 | 1,345 | Arms Length |
| 3484 Barnstaple Drive | $178,000 | $111 | 11/22/2011 | 2003 | 1,609 | Arms Length |
| 3541 Norcross Lane | $145,000 | $113 | 10/21/2011 | 2001 | 1,280 | Distressed |
| 3469 Exmouth Ln. | $163,300 | $119 | 10/14/2011 | 1999 | 1,368 | Distressed |
| 3481 Barnstaple Drive | $158,000 | $107 | 10/7/2011 | 2004 | 1,471 | Distressed |
| 3264 Addison Lane | $145,000 | $115 | 8/18/2011 | 2001 | 1,258 | Arms Length |
| 3468 Barnstaple Dr. | $170,000 | $120 | 7/29/2011 | 2003 | 1,412 | Arms Length |
| 3227 Emerson Lane | $155,000 | $121 | 6/30/2011 | 2002 | 1,280 | Arms Length |
| 3464 Falmouth Court | $175,000 | $122 | 6/10/2011 | 2004 | 1,440 | Arms Length |
| 3339 Bodmin Moor Drive | $180,000 | $130 | 3/31/2011 | 2002 | 1,384 | Arms Length |
| 3201 Addison Lane | $129,000 | $85 | 3/28/2011 | 2000 | 1,517 | Distressed |
| 3458 Torrington Way | $171,500 | $120 | 3/21/2011 | 2001 | 1,432 | Arms Length |
| 3517 Torrington Way | $140,000 | $111 | 2/17/2011 | 2003 | 1,261 | Arms Length |
| 3427 Barnstaple Dr | $155,000 | $126 | 2/14/2011 | 2003 | 1,234 | Arms Length |
| 3469 Barnstaple Drive | $157,000 | $101 | 12/28/2010 | 2004 | 1,557 | Distressed |
| 3462 Saltash Ln | $175,000 | $123 | 12/28/2010 | 2000 | 1,428 | Arms Length |
| 3519 Barnstaple Dr. | $165,000 | $119 | 12/23/2010 | 2003 | 1,392 | Arms Length |
| 3333 Bodmin Moor Dr. | $190,000 | $113 | 11/19/2010 | 2003 | 1,682 | Arms Length |
| 3292 Emerson Lane | $142,000 | $112 | 11/10/2010 | 2002 | 1,266 | Arms Length |
| 3450 Saltash Lane | $182,500 | $109 | 11/1/2010 | 1999 | 1,682 | Arms Length |
| 3220 Bodmin Moor Drive | $200,000 | $104 | 8/5/2010 | 1999 | 1,926 | Arms Length |
| 3221 Addison Lane | $154,000 | $124 | 7/30/2010 | 2000 | 1,246 | Arms Length |
| 3277 Bodmin Moor Drive | $180,000 | $132 | 7/27/2010 | 1999 | 1,368 | Arms Length |
| 3488 Barnstaple Drive | $135,000 | $92 | 7/13/2010 | 2004 | 1,462 | Distressed |
| 3465 Barnstaple Dr. | $165,000 | $119 | 6/30/2010 | 2003 | 1,382 | Arms Length |
| 3299 Bodmin Moor Dr. | $207,500 | $121 | 6/16/2010 | 2000 | 1,708 | Arms Length |
| 3492 Barnstaple Dr. | $177,000 | $131 | 5/26/2010 | 2003 | 1,352 | Arms Length |
| 3304 Addison Lane | $170,000 | $132 | 5/20/2010 | 2001 | 1,292 | Arms Length |
| 3533 Lands End Lane | $162,500 | $130 | 5/14/2010 | 2003 | 1,249 | Arms Length |
| 3200 Emerson Lane | $169,900 | $135 | 5/14/2010 | 2000 | 1,258 | Arms Length |
| 3307 Dartmouth Dr. | $199,000 | $125 | 4/29/2010 | 2001 | 1,597 | Arms Length |
| 3312 Emerson Lane | $157,900 | $122 | 4/23/2010 | 2002 | 1,297 | Arms Length |
| 3525 Lands End Lane | $141,000 | $113 | 3/31/2010 | 2003 | 1,249 | Distressed |
| 3520 Torrington Way | $175,000 | $128 | 3/31/2010 | 2003 | 1,364 | Arms Length |
| 3329 Bodmin Moor Dr. | $215,000 | $153 | 3/1/2010 | 2002 | 1,406 | Arms Length |
| 3333 Newton Abbott Drive | $160,000 | $128 | 2/16/2010 | 2003 | 1,246 | Arms Length |
| 3451 Gentle Wind Way | $163,000 | $125 | 2/5/2010 | 1999 | 1,302 | Arms Length |
| 3498 Barnstaple Dr. | $182,000 | $131 | 12/10/2009 | 2004 | 1,387 | Arms Length |
| 3256 Emerson Ln | $165,000 | $127 | 11/12/2009 | 2002 | 1,297 | Arms Length |
| 3494 Lands End Lane | $183,000 | $133 | 10/28/2009 | 2003 | 1,372 | Arms Length |
| 3219 Bodmin Moor Drive | $210,000 | $110 | 10/23/2009 | 2001 | 1,906 | Arms Length |
| 3456 Gentle Wind Way | $208,000 | $136 | 9/28/2009 | 1999 | 1,535 | Arms Length |
| 3215 Emerson Lane | $172,500 | $133 | 9/23/2009 | 2002 | 1,297 | Arms Length |
| 3280 Addison Lane | $152,000 | $114 | 9/14/2009 | 2001 | 1,337 | Distressed |
| 3250 Dartmouth Dr. | $177,000 | $133 | 9/11/2009 | 1999 | 1,329 | Arms Length |
| 3305 Addisson Lane | $150,000 | $121 | 9/4/2009 | 2001 | 1,237 | Distressed |
| 3239 Emerson Lane | $165,000 | $127 | 7/30/2009 | 2002 | 1,297 | Arms Length |
| 3489 Barnstaple Dr. | $180,000 | $120 | 7/27/2009 | 2003 | 1,502 | Arms Length |
| 3468 Barnstaple Dr. | $175,000 | $124 | 6/30/2009 | 2003 | 1,412 | Arms Length |
| 3432 Barnstaple Drive | $175,000 | $120 | 6/22/2009 | 2004 | 1,457 | Arms Length |
| 3328 Newton Abbott Drive | $177,900 | $132 | 6/10/2009 | 2003 | 1,351 | Arms Length |
| 3505 Torrington Way | $150,000 | $98 | 5/15/2009 | 2003 | 1,530 | Arms Length |
| 3235 Addison Lane | $150,000 | $120 | 5/15/2009 | 2000 | 1,246 | Arms Length |
| 3537 Norcross Lane | $158,000 | $123 | 4/20/2009 | 2001 | 1,286 | Arms Length |
| 3464 Barnstaple Dr. | $215,000 | $128 | 3/31/2009 | 2004 | 1,682 | Arms Length |
| 3519 Barnstaple Dr. | $180,000 | $129 | 12/23/2008 | 2003 | 1,392 | Arms Length |
| 3224 Emerson Lane | $163,000 | $126 | 11/24/2008 | 2002 | 1,297 | Arms Length |
| 3280 Dartmouth | $173,500 | $121 | 10/30/2008 | 2001 | 1,429 | Arms Length |
| 3431 Barnstaple Dr | $197,000 | $141 | 10/30/2008 | 2004 | 1,401 | Arms Length |
| 3452 Kaylee Ct. | $180,000 | $138 | 10/24/2008 | 2002 | 1,302 | Arms Length |
| 3240 Bodmin Moor Drive | $188,000 | $137 | 10/20/2008 | 1999 | 1,370 | Arms Length |
| 3304 Dartmouth Drive | $195,000 | $136 | 10/14/2008 | 2001 | 1,429 | Arms Length |
| 3499 Barnstaple Drive | $215,000 | $128 | 8/27/2008 | 2003 | 1,682 | Arms Length |
| 3266 Dartmouth Dr. | $210,000 | $136 | 8/4/2008 | 2000 | 1,539 | Arms Length |
| 3465 Saltash Ln. | $182,000 | $140 | 7/24/2008 | 2000 | 1,302 | Arms Length |
| 3505 Norcross Ln. | $181,000 | $141 | 7/16/2008 | 2001 | 1,286 | Arms Length |
| 3329 Addison Ln | $172,500 | $140 | 7/14/2008 | 2001 | 1,230 | Arms Length |
| 3481 Barnstaple Dr. | $211,000 | $143 | 7/10/2008 | 2004 | 1,471 | Arms Length |
| 3447 Kaylee | $205,000 | $121 | 7/7/2008 | 2000 | 1,694 | Arms Length |
| 3525 Norcross | $186,000 | $145 | 6/27/2008 | 2001 | 1,280 | Arms Length |
| 3312 Emerson Lane | $173,000 | $133 | 6/13/2008 | 2002 | 1,297 | Arms Length |
| 3502 Barnstaple Dr. | $200,500 | $137 | 6/4/2008 | 2004 | 1,462 | Arms Length |
| 3257 Addison Lane | $160,000 | $128 | 5/31/2008 | 2001 | 1,249 | Arms Length |
| 3498 Lands End | $187,500 | $138 | 5/30/2008 | 2003 | 1,362 | Arms Length |
| 3484 Barnstaple Dr. | $217,500 | $135 | 5/16/2008 | 2003 | 1,609 | Arms Length |
| 3260 Addison Ln. | $167,000 | $129 | 5/9/2008 | 2001 | 1,297 | Arms Length |
| 3526 Lands End Lane | $184,500 | $146 | 4/25/2008 | 2003 | 1,260 | Arms Length |
| 3212 Emerson Lane | $165,000 | $127 | 4/14/2008 | 2002 | 1,297 | Arms Length |
| 3488 Barnstaple Dr. | $225,000 | $153 | 4/11/2008 | 2004 | 1,467 | Arms Length |
| 3475 Torrington Way | $182,500 | $139 | 4/11/2008 | 2001 | 1,315 | Arms Length |
| 3317 Bodmin Moor | $197,000 | $139 | 3/28/2008 | 2002 | 1,417 | Arms Length |
| 3227 Addison | $165,000 | $132 | 3/28/2008 | 2000 | 1,246 | Arms Length |
| 3245 Addison Ln. | $169,400 | $136 | 3/26/2008 | 2000 | 1,246 | Arms Length |
| 3209 Addison Lane | $158,000 | $127 | 2/29/2008 | 2000 | 1,246 | Arms Length |
| 3321 Newton Abbott Dr. | $182,500 | $148 | 2/22/2008 | 2003 | 1,234 | Arms Length |
| 3521 Norcross Lane | $180,250 | $139 | 2/15/2008 | 2002 | 1,297 | Arms Length |
| 3209 Dartmouth Drive | $224,500 | $132 | 2/15/2008 | 1999 | 1,703 | Arms Length |
| 3336 Addison Ln. | $182,900 | $146 | 2/15/2008 | 2002 | 1,249 | Arms Length |
| 3501 Norcross Ln. | $162,769 | $130 | 2/1/2008 | 2001 | 1,252 | Arms Length |
| 3303 Dartmouth Drive | $235,000 | $140 | 1/31/2008 | 2003 | 1,682 | Arms Length |
| 3473 Exmouth Lane | $245,000 | $122 | 1/31/2008 | 1999 | 2,015 | Arms Length |
| 3261 Addison Ln | $185,000 | $148 | 12/28/2007 | 2000 | 1,249 | Arms Length |
| 3490 Lands End | $206,000 | $140 | 12/21/2007 | 2002 | 1,467 | Arms Length |
| 3494 Lands End Ln | $210,000 | $153 | 11/16/2007 | 2003 | 1,372 | Arms Length |
| 3518 Barnstaple Dr | $205,000 | $152 | 9/7/2007 | 2003 | 1,352 | Arms Length |
| 3485 Barnstaple Dr | $215,000 | $156 | 8/13/2007 | 2004 | 1,381 | Arms Length |
| 3472 Exmouth Lane | $265,000 | $142 | 6/20/2007 | 1999 | 1,864 | Arms Length |
| 3434 Barnstaple Dr. | $224,000 | $163 | 6/11/2007 | 2004 | 1,372 | Arms Length |
| 3460 Gentle Wind Way | $202,000 | $151 | 5/17/2007 | 2000 | 1,334 | Arms Length |
| 3225 Addison Ln | $189,000 | $151 | 4/25/2007 | 2001 | 1,249 | Arms Length |
| 3328 Newton Abbott Dr | $186,500 | $137 | 4/23/2007 | 2003 | 1,362 | Arms Length |
| 3341 Newton Abbott | $194,000 | $142 | 3/9/2007 | 2003 | 1,362 | Arms Length |
| 3469 Exmouth Lane | $221,000 | $159 | 2/16/2007 | 1999 | 1,387 | Arms Length |
| 3462 Falmouth Ct | $195,000 | $150 | 1/31/2007 | 2000 | 1,302 | Arms Length |
I hope you enjoyed this report on Weems Plantation home sales, please visit again often for more Tallahassee Neighborhood home sales reports.
About Joe Manausa, MBA
