Are Home Values Returning In Killearn Lakes Plantation?
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.
Tallahassee Should Monitor Killearn Lakes Plantation
Killearn Lakes Plantation has been one of the most active neighborhoods in Tallahassee over the past ten years, so anything we see happen here we can expect to find similar trends in other neighborhoods eventually.
Average home values are on the rise in Killearn Lakes Plantation, which is very rare for any Tallahassee neighborhood at this point in the recovery.
The graph below shows that it is not an insignificant "bump" in the data, rather it is a trend that is nearly a year old. The information shown below is for arms length home sales only, meaning the "averages" would not be as high if we included distressed home sales.
I suspect the primary reason for this increase in values is that Killearn Lakes Plantation had seen values drop further than some of the surrounding areas, so Killearn Lakes Plantation is re-aligning with the rest of the housing market.
Recent Home Sales In Killearn Lakes Plantation
The following is a list of past home sales in Killearn Lakes Plantation:
Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
2981 Killearn Pointe Court | $296,000 | $127 | 4/1/2013 | 1997 | 2,335 | Arms Length |
3401 Valley Creek Drive | $157,000 | $102 | 3/25/2013 | 1982 | 1,543 | Arms Length |
3457 Cedarwood Trl | $168,000 | $107 | 3/22/2013 | 1986 | 1,567 | Arms Length |
12053 Cedar Bluff Trail | $220,000 | $99 | 3/11/2013 | 1990 | 2,221 | Distressed |
10013 Leafwood Drive | $245,000 | $118 | 3/5/2013 | 1999 | 2,081 | Arms Length |
8265 Hunters Ridge | $166,000 | $116 | 2/28/2013 | 2008 | 1,435 | Arms Length |
1113 Blackhawk Way | $199,000 | $89 | 2/28/2013 | 1996 | 2,237 | Distressed |
7717 N Briarcreek Rd | $195,000 | $89 | 2/20/2013 | 1985 | 2,193 | Distressed |
1883 Log Ridge Trl | $198,300 | $110 | 2/13/2013 | 1991 | 1,806 | Arms Length |
8037 Briarcreek Road | $185,237 | $91 | 2/6/2013 | 1987 | 2,044 | Distressed |
2330 Haverhill | $359,000 | $132 | 1/31/2013 | 1988 | 2,711 | Arms Length |
8733 Minnow Creek Drive | $120,000 | $94 | 1/18/2013 | 1989 | 1,270 | Distressed |
3543 Rosemont Ridge Rd | $165,000 | $85 | 1/18/2013 | 1986 | 1,945 | Arms Length |
7857 N Briarcreek Road | $255,500 | $123 | 1/11/2013 | 2012 | 2,072 | Arms Length |
3516 Larkspur Lane | $237,500 | $106 | 12/31/2012 | 1985 | 2,234 | Arms Length |
3453 Cedarwood Trl | $170,000 | $115 | 12/28/2012 | 1987 | 1,483 | Arms Length |
9109 Birch Run Ln | $145,000 | $110 | 12/21/2012 | 1990 | 1,313 | Arms Length |
1725 Broken Bow Trail | $168,000 | $114 | 12/21/2012 | 1997 | 1,480 | Arms Length |
1520 Copperfield Circle | $137,500 | $71 | 12/12/2012 | 1991 | 1,926 | Distressed |
1517 Copperfield Circle | $160,000 | $96 | 12/7/2012 | 1990 | 1,660 | Distressed |
8830 Minnow Creek Dr | $141,000 | $109 | 12/7/2012 | 1989 | 1,296 | Arms Length |
10037 Leafwood Dr | $250,000 | $125 | 11/27/2012 | 2001 | 1,999 | Arms Length |
3041 Killearn Pointe Ct | $233,000 | $119 | 11/2/2012 | 1999 | 1,958 | Arms Length |
2821 Turkey Hill Trail | $425,000 | $127 | 11/2/2012 | 1988 | 3,342 | Arms Length |
1524 Chadwick Way | $210,000 | $114 | 10/26/2012 | 1992 | 1,843 | Arms Length |
1761 Copperfield Circle | $204,900 | $129 | 10/16/2012 | 1988 | 1,588 | Arms Length |
3449 Cedarwood | $162,700 | $112 | 9/28/2012 | 1999 | 1,455 | Arms Length |
1726 Folkstone Road | $127,000 | $96 | 9/21/2012 | 1994 | 1,323 | Distressed |
1608 Flint Ridge Lane | $167,500 | $104 | 9/21/2012 | 1990 | 1,603 | Arms Length |
11045 Wildlife Trail | $200,000 | $86 | 9/21/2012 | 1994 | 2,319 | Arms Length |
8273 Hunters Ridge Trl | $188,500 | $111 | 9/20/2012 | 1990 | 1,698 | Arms Length |
1845 Log Ridge Trl | $230,000 | $112 | 9/13/2012 | 1998 | 2,054 | Arms Length |
8315 Chickasaw Trl | $142,000 | $104 | 9/10/2012 | 1991 | 1,366 | Distressed |
2215 Ten Oaks Drive | $350,000 | $125 | 9/9/2012 | 1988 | 2,811 | Arms Length |
7409 Candlewood | $100,000 | $65 | 9/6/2012 | 1984 | 1,536 | Distressed |
9317 Buck Haven Trail | $89,000 | $64 | 9/6/2012 | 1992 | 1,390 | Distressed |
2020 Morning Dove | $360,000 | $108 | 8/31/2012 | 1989 | 3,335 | Arms Length |
13017 Gopher Wood Trail | $205,000 | $107 | 8/31/2012 | 1990 | 1,910 | Arms Length |
1829 Bridgemont Trail | $210,000 | $130 | 8/29/2012 | 2012 | 1,614 | Arms Length |
7769 N Briarcreek Road | $220,000 | $128 | 8/23/2012 | 2012 | 1,715 | Arms Length |
8375 ChickasawTrail | $145,000 | $103 | 8/17/2012 | 1995 | 1,402 | Arms Length |
1749 CopperfieldCircle | $226,347 | $115 | 8/15/2012 | 1992 | 1,974 | Arms Length |
8137 Blue Quill Trail | $227,500 | $106 | 8/13/2012 | 1987 | 2,148 | Arms Length |
8707 Spring Shore Trail | $373,500 | $124 | 8/10/2012 | 2003 | 3,007 | Arms Length |
11026 Wildlife Trail | $196,000 | $92 | 8/10/2012 | 1990 | 2,127 | Arms Length |
12025 Otter Creek Trail | $150,000 | $98 | 8/10/2012 | 1994 | 1,524 | Arms Length |
3551 Dogwood Valley Trl | $172,500 | $112 | 8/10/2012 | 1986 | 1,544 | Arms Length |
10112 Twisting Vine Ct | $206,000 | $114 | 8/9/2012 | 2000 | 1,811 | Arms Length |
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 EdenrockLane | $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 HaverhillRoad | $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 RidgeTrail | $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 HavenTrail | $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 |
I hope this Killearn Lakes Plantation report has provided you the market insight you were seeking, and you can always drop me a note for a more detailed analysis for your specific goals and situation.
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