One of the most often discussed neighborhoods in our office and in conversations with buyers and sellers is Ox Bottom Manor in the Northeast quadrant of the Tallahassee real estate market. This popular Tallahassee neighborhood features homes which are typically 4 bedrooms and run on average between 2,000 and 3,000 square feet.
The northeast side of town represents roughly 50% of the homes sold last year in the Tallahassee housing market, and Ox Bottom Manor is nestled right in the midst of the northeast. I find that doing a case-study on Ox Bottom is often a good snapshot of the real estate market in northeast Tallahassee.
Ox Bottom Manor Experiencing Price Declines
We have seen prices continue to decline in Ox Bottom Manor. The average price per square foot for a home sold in Ox Bottom Manor in 2008 was $142, with the trend dropping into the low $130s per foot. With 23 homes on the market and 24 homes sold, there is basically 12 months supply of homes in Ox Bottom Manor, which is just a little higher than the average of northeast Tallahassee.
Ox Bottom Manor Sales |
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| Type | Avg. Price | Avg. $/Ft | Units | Avg. Size | Avg. Age |
| 3 BR | $345,000 | $142 | 1 | 2,433 | 1993 |
| 4 BR | $416,174 | $142 | 23 | 2,944 | 1994 |
| Grand Total | $413,208 | $142 | 24 | 2,922 | 1994 |
Homes For Sale In Ox Bottom Manor |
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| Type | Avg. Price | Avg. $/Ft | Units | Avg. Size | Avg. Age |
| 3 BR | $324,088 | $145 | 8 | 2,246 | 1994 |
| 4 BR | $424,160 | $147 | 15 | 2,906 | 1995 |
| Grand Total | $389,352 | $146 | 23 | 2,676 | 1995 |
Previous Reports On Ox Bottom Manor
The previous reports on Ox Bottom (as well as prior Tallahassee Subdivision Reports) demonstrate falling prices. As we have anticipated in the past, Tallahassee home prices will continue to fall as we reduce our inventory-laden market. People who want to sell a home in Ox Bottom Manor better keep a keen eye on the competition and price their home accordingly.
Homes Sold In Ox Bottom Manor in 2008
| Address | Price | Closing Date | Price/SQF | # of Bedrooms |
| 6018 QUAIL RIDGE DR | $323,900 | 1/10/2008 | $132.64 | 4 |
| 6309 pickney hill Road | $407,500 | 2/5/2008 | $151.37 | 4 |
| 6330 BELGRAND Drive | $490,000 | 3/28/2008 | $165.93 | 4 |
| 7956 EVENING STAR | $690,300 | 3/31/2008 | $164.04 | 4 |
| 8015 EVENING STAR | $437,400 | 4/9/2008 | $145.51 | 4 |
| 2092 Ox Bottom Road | $400,000 | 5/1/2008 | $146.63 | 4 |
| 6000 BOYNTON HOMESTEAD | $500,000 | 5/14/2008 | $117.51 | 4 |
| 6369 Mallard Trace Drive | $380,000 | 5/23/2008 | $130.27 | 4 |
| 341 Meadow Ridge Drive | $400,000 | 5/29/2008 | $153.67 | 4 |
| 352 MEADOW RIDGE DR | $340,000 | 6/5/2008 | $126.68 | 4 |
| 417 Meadow Ridge Drive | $449,000 | 6/9/2008 | $140.22 | 4 |
| 347 Thornberg Drive | $364,900 | 6/23/2008 | $139.92 | 4 |
| 6421 MALLARD TRACE DR | $387,500 | 6/30/2008 | $150.19 | 4 |
| 6012 OX BOTTOM MANOR DR | $400,000 | 7/3/2008 | $140.70 | 4 |
| 6256 HINES HILL CIR | $355,000 | 7/16/2008 | $138.19 | 4 |
| 363 MILESTONE DRIVE | $310,000 | 7/28/2008 | $131.30 | 4 |
| 187 Meadow Ridge Drive | $345,000 | 7/28/2008 | $141.80 | 3 |
| 6018 Quail Ridge Dr | $340,000 | 8/8/2008 | $139.23 | 4 |
| 6359 San Martin Court | $324,000 | 8/21/2008 | $144.77 | 4 |
| 6000 BOYNTON HOMESTEAD | $539,000 | 9/17/2008 | $126.67 | 4 |
| 211 MEADOW RIDGE DR | $465,000 | 9/18/2008 | $136.76 | 4 |
| 421 Meadow Ridge Drive | $412,500 | 9/25/2008 | $144.48 | 4 |
| 6320 Glasgow Drive | $415,000 | 9/29/2008 | $135.58 | 4 |
| 558 MEADOW RIDGE DR | $441,000 | 12/4/2008 | $157.50 | 4 |
Homes For Sale In Ox Bottom Manor
| Address | Price | Price/SQF | # of Bedrooms |
| 1809 Morning Star Lane | $549,000 | $120.18 | 4 |
| 6305 Coach House Court | $329,900 | $120.53 | 4 |
| 6393 Mallard Trace Drive | $280,000 | $125.17 | 3 |
| 6143 BORDERLINE DR | $289,900 | $131.30 | 4 |
| 6330 COACH HOUSE COURT | $298,000 | $137.39 | 3 |
| 526 MEADOW RIDGE DR | $365,000 | $137.42 | 3 |
| 6030 Quail Ridge | $375,000 | $138.12 | 4 |
| 6115 Ox Bottom Manor Drive | $385,000 | $139.09 | 4 |
| 5953 Ox Bottom Manor Drive | $320,000 | $139.13 | 3 |
| 6114 BORDERLINE DR | $485,000 | $141.56 | 4 |
| 136 Thistlewood Court | $369,900 | $144.89 | 4 |
| 6321 Sinkola Drive | $365,000 | $145.07 | 4 |
| 6391 Heritage Ridge Road | $389,900 | $145.59 | 3 |
| 522 Meadow Ridge Drive | $429,000 | $146.22 | 4 |
| 6328 Mallard Trace Drive | $299,900 | $152.16 | 3 |
| 6000 BOYNTON HOMESTEAD | $650,000 | $152.76 | 4 |
| 6336 Brace Court | $290,000 | $153.76 | 3 |
| 454 San Martin Drive | $440,000 | $153.85 | 4 |
| 6333 SINKOLA DR | $370,000 | $154.17 | 4 |
| 6367 Sinkola Drive | $444,900 | $164.78 | 4 |
| 182 Cotillion Circle | $349,900 | $169.20 | 3 |
| 6318 Coach House Court | $399,900 | $176.32 | 4 |
| 521 MEADOW RIDGE COURT | $479,900 | $179.33 | 4 |
Information Source: Tallahassee Board of Realtors Multiple Listing Service (MLS)
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