It's 2002 Again In Summerbrooke
If you need to sell a home in Summerbrooke, you might feel like it's 2002 all over again. Why? Because Summerbrooke homes are selling for the same values today as they were near the end of 2002, but unlike 2002, there is no housing boom in our immediate future.
Summerbrooke is a very popular Northeast Tallahassee golf course community which features fine executive homes both on and off the Summerbrooke golf course. Currently, there are 18 homes for sale in Summerbrooke, priced from $229,900 to $500,000.
It is not hard selling a home in Summerbrooke if you execute an aggressive home selling plan. Several months ago, I met with a couple who needed to relocate out of town and wanted to get their home sold quickly, but without giving it away. We were able to sell it one day before it was to hit the market, by exposing it on our "coming soon" listings page.
Summerbrooke Home Prices Still Falling
Through August, there have been 13 homes sold in Summerbrooke (in the Tallahassee MLS) at an average price of $348,700. The pace of home sales is far slower than last year, where 35 homes were sold at an average price of $364,000. The average home price in Summerbrooke has dropped 25% since the peak of the housing market in 2006, and homeowners should expect the depreciation trend to continue several more years. Homeowners who sell a home now will reap more money than those who hold on trying to get a higher price.
Summerbrooke Home Values At 2002 Levels
Home values in Summerbrooke are falling, but slower than the average neighborhood in Tallahassee. Currently, homes sold in Summerbrooke this year have fetched an average of $124 per square foot, which is 23% lower than the $161 per square foot that was achieved in 2006. Unfortunately, this is the same value range sellers found near the end of 2002, and back then, we were heading towards a market boom.
If you would like to know how to sell a home in Summerbrooke, all you have to do is drop me a note to schedule a time to review our progressive home selling plan. Whether or not you choose to sell your home, it is great information for you to have should you find yourself needing to sell in the future.
Recent Home Sales In Summerbrooke
Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF |
7862 Preservation Road | $305,000 | $127 | 8/10/2011 | 1996 | 2,408 |
7083 SpicewoodLane | $282,000 | $132 | 8/10/2011 | 2001 | 2,133 |
8073 Preservation Rd | $285,000 | $120 | 7/29/2011 | 2002 | 2,374 |
1017 SUMMERBROOKE DRIVE | $407,500 | $154 | 7/15/2011 | 1993 | 2,651 |
850 Hill Roost Road | $369,000 | $106 | 6/30/2011 | 1994 | 3,482 |
7977 Preservation Road | $326,000 | $127 | 6/3/2011 | 2000 | 2,562 |
7036 Heritage Ridge Road | $425,000 | $133 | 5/31/2011 | 1994 | 3,187 |
7741 CRICKLEWOOD DR | $390,000 | $137 | 5/27/2011 | 1999 | 2,856 |
7886 Rael Court | $420,000 | $126 | 5/20/2011 | 1999 | 3,338 |
7551 Preservation Road | $350,000 | $105 | 4/29/2011 | 2004 | 3,332 |
7130 Nesters Drive | $289,000 | $95 | 4/27/2011 | 1995 | 3,027 |
8143 Bloys Ct | $335,000 | $131 | 1/12/2011 | 2001 | 2,566 |
1152 Greensward Ct | $350,000 | $133 | 1/6/2011 | 2000 | 2,622 |
7115 Nesters Drive | $475,000 | $149 | 12/23/2010 | 2003 | 3,180 |
8061 Preservation | $385,000 | $126 | 12/20/2010 | 2005 | 3,050 |
8135 Viburnum Ct | $325,000 | $133 | 12/17/2010 | 2005 | 2,444 |
531 Summerbrooke Drive | $339,000 | $118 | 11/22/2010 | 1990 | 2,868 |
7131 Nesters Drive | $570,000 | $123 | 11/18/2010 | 2005 | 4,639 |
7532 Preservation Rd | $350,000 | $138 | 11/18/2010 | 2003 | 2,528 |
7960 Downs Court | $375,000 | $132 | 10/29/2010 | 1999 | 2,849 |
6873 Spicewood Ln | $310,000 | $103 | 10/29/2010 | 2000 | 3,004 |
8169 Parterre Court | $331,100 | $140 | 10/28/2010 | 2003 | 2,360 |
7140 Heritage Ridge | $350,000 | $113 | 10/27/2010 | 1993 | 3,089 |
7032 Spicewood Lane | $315,000 | $117 | 9/30/2010 | 2003 | 2,683 |
7757 Cricklewood Drive | $348,500 | $130 | 9/17/2010 | 1997 | 2,678 |
7109 Heritage Ridge Road | $300,000 | $112 | 9/15/2010 | 1991 | 2,668 |
1239 Conservancy Drive | $343,000 | $136 | 9/10/2010 | 2000 | 2,517 |
8117 Blenheim Lane | $270,000 | $126 | 8/31/2010 | 2003 | 2,136 |
8123 Viburnum Court | $304,000 | $116 | 8/26/2010 | 2000 | 2,614 |
7504 Preservation Road | $370,000 | $138 | 8/20/2010 | 1999 | 2,676 |
7140 Wooded Gorge Road | $376,000 | $141 | 8/4/2010 | 2001 | 2,673 |
8162 Parterre Court | $230,000 | $105 | 7/23/2010 | 2005 | 2,198 |
1351E Conservancy Drive | $325,000 | $116 | 6/29/2010 | 2000 | 2,792 |
7083 Spicewood Lane | $282,500 | $132 | 6/28/2010 | 2001 | 2,133 |
1220E Conservancy | $317,000 | $103 | 6/23/2010 | 1995 | 3,083 |
7765 Cricklewood | $410,000 | $136 | 6/15/2010 | 2000 | 3,008 |
8089 Longmeadow Lane | $537,500 | $132 | 5/28/2010 | 2008 | 4,062 |
1275 Conservancy Dr E | $312,000 | $132 | 5/27/2010 | 1996 | 2,361 |
1033 Summerbrooke Drive | $465,000 | $164 | 5/20/2010 | 2003 | 2,837 |
1418 Stourhead Court | $330,000 | $114 | 5/11/2010 | 1999 | 2,900 |
8067 Preservation Road | $338,000 | $138 | 5/10/2010 | 2003 | 2,446 |
933 Summerbrooke Drive | $404,000 | $101 | 5/7/2010 | 1994 | 4,018 |
1420 Stourhead Court | $409,000 | $110 | 5/6/2010 | 1997 | 3,733 |
300 Summerbrooke Drive | $465,000 | $159 | 4/30/2010 | 1991 | 2,920 |
1176 Greensward Drive | $362,500 | $118 | 4/16/2010 | 2001 | 3,084 |
1216E Conservancy Drive | $360,000 | $131 | 3/18/2010 | 2000 | 2,750 |
1341 Conservancy Drive | $375,000 | $140 | 3/11/2010 | 1999 | 2,688 |
7983 Lochknoll Lane | $392,000 | $130 | 3/1/2010 | 2000 | 3,013 |
7924 Preservation Road | $350,000 | $141 | 12/30/2009 | 1996 | 2,478 |
8060 Preservation Rd | $330,000 | $114 | 12/18/2009 | 2004 | 2,901 |
1404E Conservancy Drive | $320,000 | $120 | 12/8/2009 | 1998 | 2,657 |
317 Summerbrooke Drive | $299,000 | $98 | 11/6/2009 | 1990 | 3,066 |
8150 Parterre Court | $290,000 | $125 | 11/3/2009 | 2001 | 2,314 |
932 Summerbrooke Drive | $375,000 | $122 | 10/30/2009 | 1993 | 3,084 |
1160W Conservancy Drive | $358,000 | $122 | 10/29/2009 | 1996 | 2,944 |
1200 Greensward Drive | $343,500 | $139 | 10/27/2009 | 2000 | 2,476 |
924 Summerbrooke Drive | $360,000 | $145 | 8/31/2009 | 1996 | 2,479 |
1276 Conservancy Dr | $395,000 | $143 | 8/13/2009 | 2001 | 2,766 |
1044 Summerbrooke Dr | $380,000 | $114 | 8/11/2009 | 1994 | 3,329 |
893 Summerbrooke Drive | $309,000 | $108 | 8/10/2009 | 1994 | 2,850 |
1136 Greensward | $383,000 | $153 | 8/10/2009 | 1999 | 2,502 |
1009 Summerbrooke Drive | $412,500 | $166 | 8/7/2009 | 2005 | 2,483 |
637 Summerbrooke Dr | $374,000 | $127 | 8/4/2009 | 1991 | 2,956 |
7874 Preservation Road | $325,000 | $138 | 7/24/2009 | 1997 | 2,363 |
7734 Cricklewood Drive | $400,000 | $120 | 7/10/2009 | 2001 | 3,326 |
1337 Conservancy Drive E | $335,000 | $136 | 6/29/2009 | 2000 | 2,470 |
7912 Preservation Road | $315,000 | $141 | 5/22/2009 | 2000 | 2,239 |
1359 Conservancy Court | $277,500 | $129 | 5/7/2009 | 2001 | 2,153 |
7510 Preservation Road | $485,000 | $169 | 5/6/2009 | 2000 | 2,875 |
7110 Heritage Ridge Road | $369,000 | $135 | 5/6/2009 | 1992 | 2,731 |
7516 Preservation Road | $376,000 | $153 | 4/24/2009 | 1995 | 2,450 |
1346E Conservancy Drive | $385,000 | $131 | 4/3/2009 | 2001 | 2,940 |
1228 Greensward Drive | $460,000 | $152 | 4/3/2009 | 2001 | 3,032 |
7845 Preservation Road | $240,000 | $112 | 3/16/2009 | 1995 | 2,151 |
6520 Spicewood Ln | $325,000 | $133 | 2/26/2009 | 1997 | 2,436 |
8086 Ronds Pointe Court | $370,000 | $151 | 1/12/2009 | 2002 | 2,448 |
7477 Preservation Road | $550,000 | $151 | 12/10/2008 | 2003 | 3,641 |
7708 Preservation Rd | $410,000 | $141 | 12/5/2008 | 1995 | 2,910 |
1144 Greensward | $365,000 | $120 | 12/2/2008 | 1999 | 3,050 |
1383 Conservancy Dr E | $360,000 | $132 | 11/24/2008 | 1997 | 2,725 |
8116 Blenheim Lane | $342,900 | $140 | 11/21/2008 | 2003 | 2,448 |
1435 Conservancy Drive East | $439,000 | $144 | 10/31/2008 | 2000 | 3,048 |
8129 Viburnum Court | $390,000 | $135 | 10/27/2008 | 2002 | 2,899 |
7585 Preservation Rd | $440,000 | $144 | 9/12/2008 | 2000 | 3,045 |
917 Summerbrooke Drive | $535,000 | $177 | 9/5/2008 | 1993 | 3,018 |
7133 Wooded Gorge Road | $440,000 | $121 | 8/1/2008 | 1995 | 3,622 |
1108 Greensward Drive | $452,500 | $141 | 7/30/2008 | 1998 | 3,203 |
1209E Conservancy Drive | $315,000 | $136 | 7/9/2008 | 2001 | 2,318 |
512 Summerbrooke Drive | $450,000 | $170 | 7/1/2008 | 1990 | 2,642 |
1224 Greensward Dr | $540,000 | $159 | 6/30/2008 | 2003 | 3,401 |
1378 Conservancy Dr E | $415,000 | $156 | 6/20/2008 | 1999 | 2,661 |
1060 Summerbrooke Drive | $460,000 | $153 | 6/10/2008 | 2002 | 3,006 |
8136 Viburnum Court | $380,000 | $137 | 5/30/2008 | 2003 | 2,768 |
1400 Conservancy Drive E | $380,000 | $148 | 5/15/2008 | 1999 | 2,573 |
1304 Conservancy Drive | $435,000 | $155 | 5/2/2008 | 1998 | 2,813 |
1112 Lochknoll | $630,000 | $169 | 4/25/2008 | 2000 | 3,717 |
874 Hill Roost Road | $489,900 | $155 | 3/21/2008 | 2000 | 3,159 |
883 Hill Roost Road | $319,250 | $146 | 3/21/2008 | 1992 | 2,189 |
1391 Conservancy Drive East | $365,000 | $150 | 3/5/2008 | 1999 | 2,437 |
7083 Spicewood Lane | $315,000 | $145 | 1/31/2008 | 2001 | 2,175 |
7540 Preservation Road | $465,000 | $167 | 1/18/2008 | 2000 | 2,783 |
1113 Lochknoll Court | $687,000 | $157 | 1/14/2008 | 1997 | 4,381 |
7695 Willow Bastic Ct | $365,000 | $146 | 1/9/2008 | 1994 | 2,501 |
7116 Wooded Gorge Rd | $390,000 | $160 | 1/7/2008 | 1996 | 2,436 |
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