Are We Seeing A Rebound In Golden Eagle Home Sales?

Posted by Joe Manausa on Monday, June 22nd, 2009 at 12:12pm.

It has been a few months since we updated the status of home sales in Golden Eagle Plantation. For those readers new to the area (or new to this blog), Golden Eagle Plantation in Tallahassee is a golf course community that features a highly regarded Tom Fazio golf course and is the center of Killearn Lakes Plantation.

Home sales in Golden Eagle have fallen roughly 70% from the peak of the market, with a monthly average of just under 2 home sales (existing home sales). This mirrors home sales very closely in the rest of the Tallahassee real estate market.

Sales prices have held much better than the rest of the market, with square footage prices down only 7% since the peak of the market in August of 2007. And if you look real closely at the real estate graph below, you will see what actually appears to be a price rebound occurring in Golden Eagle.

Existing Home Sales In Golden Eagle Plantation

It is too early to determine whether the recent spike in Golden Eagle home sales prices is a rebound, or just a spike up on the way to the bottom. Either way, it is nice to see after so many months (years) of bad news for home sales in Tallahassee.

Golden Eagle Home Sales

Arms Length Existing Home Sales In Golden Eagle

Parcel Address Price Record Date
2287 COBB DR $400,000 3/20/2009
9688 DANCING RABBIT WAY $517,500 3/9/2009
9015 WINGED FOOT DR $782,500 3/2/2009
2709 WHARTON CIR $330,000 2/9/2009
9194 SHOAL CREEK DR $475,000 2/5/2009
2649 WHARTON CIR $750,000 12/9/2008
2961 MEDINAH CT $400,000 12/8/2008
3010 TRESTWICK WAY $370,000 12/5/2008
2704 WATERFORD GLEN CT $1,050,000 8/29/2008
2980 MEDINAH CT $480,000 8/22/2008
8774 DUNBLANE CT $253,000 7/31/2008
8869 BLACKHEATH WAY $1,069,800 7/24/2008
2112 DORAL DR $560,000 7/23/2008
9676 DEER VALLEY DR $675,000 7/18/2008
9203 SHOAL CREEK DR $577,000 7/17/2008
3022 EAGLE POINT WAY $525,000 7/15/2008
2322 COBB DR $375,000 6/18/2008
8332 INVERNESS DR $418,000 6/4/2008
2106 DORAL DR $472,500 5/8/2008
8978 WINGED FOOT DR $499,000 5/1/2008
9026 WINGED FOOT DR $425,000 4/25/2008
9664 DEER VALLEY DR $1,000,000 4/10/2008
2916 ROYAL ISLE DR $480,000 3/31/2008
9006 SHOAL CREEK DR $524,000 3/24/2008
2667 WHARTON CIR $535,000 3/21/2008
8338 INVERNESS DR $450,000 2/21/2008
3226 PABLO CREEK WAY $500,000 2/15/2008
2262 COBB DR $477,800 2/14/2008
8527 HEATHCLIFF CT $409,000 2/13/2008
3042 SAINT ANDREWS WAY $467,500 1/10/2008
2977 SAINT STEVENS DR $425,000 1/3/2008
2961 MEDINAH CT $439,000 12/28/2007
2966 GOLDEN EAGLE DR E $505,000 12/3/2007
3009 GOLDEN EAGLE DR E $510,000 10/24/2007
3047 SAINT ANDREWS WAY $599,900 9/25/2007
8997 GLEN EAGLE WAY $487,000 9/13/2007
2631 WHARTON CIR $512,000 9/6/2007
8555 CONGRESSIONAL DR $467,000 9/5/2007
9036 WINGED FOOT DR $512,000 8/30/2007
8886 CALEDONIAN CT $415,000 8/22/2007
2911 ROYAL ISLE DR $1,250,000 8/21/2007
9694 PEBBLE BEACH WAY $445,000 8/7/2007
8963 WINGED FOOT DR $453,000 8/2/2007
2292 COBB DR $706,300 7/23/2007
9200 SHOAL CREEK DR $575,000 7/10/2007
8881 WINGED FOOT DR $546,500 7/9/2007
2146 GOLDEN EAGLE DR W $750,000 7/2/2007
8912 WINGED FOOT DR $775,000 6/29/2007
2714 WHARTON CIR $530,000 6/11/2007
9196 SHOAL CREEK DR $650,000 6/4/2007
9670 PEBBLE BEACH WAY $485,000 5/21/2007
9085 SHOAL CREEK DR $482,500 5/18/2007
2215 GENEVIEVE CT $558,000 5/4/2007
2950 GOLDEN EAGLE DR E $475,900 4/19/2007
2281 COBB DR $456,000 2/28/2007
2972 MEDINAH CT $409,000 2/26/2007
8527 HEATHCLIFF CT $463,000 1/26/2007
2161 AMANDA MAE CT $432,500 1/16/2007
2281 COBB DR $470,000 1/11/2007
3006 GOLDEN EAGLE DR E $1,250,000 1/9/2007
8883 SALTCOATES CT $455,000 1/9/2007
3018 GOLDEN EAGLE DR E $531,400 12/20/2006
8174 GLENMORE DR $610,000 12/20/2006
9604 DEER VALLEY DR $920,000 12/5/2006
8881 WINGED FOOT DR $535,000 11/6/2006
3200 PABLO CREEK WAY $575,000 10/30/2006
9569 DEER VALLEY DR $629,900 10/5/2006
2971 GOLDEN EAGLE DR E $650,000 9/21/2006
8321 INVERNESS DR $468,500 8/10/2006
2031 HERB CT $590,000 7/31/2006
9031 WINGED FOOT DR $860,000 7/26/2006
2703 WHARTON CIR $470,000 7/10/2006
9032 WINGED FOOT DR $637,000 7/5/2006
2141 AMANDA MAE CT $989,900 7/3/2006
8881 WINGED FOOT DR $565,000 6/22/2006
9022 WINGED FOOT DR $382,000 6/22/2006
2215 GATES DR $460,000 6/21/2006
8547 CONGRESSIONAL DR $500,000 6/6/2006
2942 GOLDEN EAGLE DR E $770,000 6/5/2006
8344 INVERNESS DR $479,000 5/23/2006
9716 PRESTANCIA WAY $620,000 5/18/2006
8884 WINGED FOOT DR $419,000 5/16/2006
3059 SAINT ANDREWS WAY $575,000 5/9/2006
2162 GOLDEN EAGLE DR W $822,000 5/4/2006
8773 DUNBLANE CT $420,000 5/3/2006
8909 WINGED FOOT DR $525,000 5/3/2006
2269 COBB DR $466,000 4/26/2006
2126 GOLDEN EAGLE DR W $850,000 4/24/2006
2714 WHARTON CIR $522,000 4/13/2006
8840 GLEN ABBY DR $520,000 4/13/2006
2661 WHARTON CIR $625,000 3/31/2006
2833 ROYAL ISLE DR $560,000 3/16/2006
9131 SHOAL CREEK DR $475,000 3/14/2006
8887 WINGED FOOT DR $460,000 3/9/2006
8835 WINGED FOOT DR $530,000 3/8/2006
2274 COBB DR $649,000 3/3/2006
9617 DEER VALLEY DR $620,000 2/17/2006
2514 DOUBLE EAGLE CT $605,000 1/23/2006
2558 BISHOPS GREEN TRL $529,900 1/11/2006
2161 AMANDA MAE CT $413,000 1/4/2006

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Joe Manausa is a real estate investor and the Broker and Co-Owner of Joe Manausa Real Estate. He can be reached via e-mail through the Tallahassee Real Estate Website or catch his latest writings on the Tallahassee Florida Real Estate Blog , or by calling (850) 386-2001.
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Joe Manausa, MBA is a 26 year veteran of real estate brokerage in Tallahassee, 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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