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32309 Real Estate Report

Yesterday's post about home sales in the 32308 zip code was well received and generated quite a few comments and emails from readers, so today I will follow it up by evaluating and creating the neighboring 32309 real estate report.

The 32309 zip code is home to some very popular Tallahassee neighborhoods, such as Killearn Estates, Killearn Acres, Foxcroft, Arbor Hill, and Chemonie Crossing. Much like the 32308 zip code, the 32309 real estate report could well be classified as the heart of residential Tallahassee.

If you need to sell a home in the 32309 zip code, then I urge you to take a close look at our targeted home selling plan, as more homes that hit the market in 2012 will fail to sell than will find success. Falling values leaves failed home sellers with a home that will sell for even less next year.

Home Prices In The 32309 Real Estate Report

Average home prices in the 32309 real estate report are still rising. We know from past reports that often times the average price of homes in a certain area might be on the rise, even when property values are falling. That trend is evident in the 32309 zip code.

The real estate graph below shows that buyers are taking advantage of very-low interest rate loans to grab "more house," meaning that just because values are falling does not mean that buyers are going to spend less. Instead, they are choosing to get more house for the money.

32309 Real Estate Report Home Prices

Home Values In The 32309 Zip Code

The graph below shows that home values in the 32309 real estate report continue to fall and have dropped below an average of $105 per square foot, a level last seen in 2004. That means current values are consistent with values in late 2003, and we know that they will continue to fall as the glut of supply continues to pressure a market that is struggling to stimulate demand, due to the thousands of potential buyers who are current trapped in a home with more mortgage than value.

32309 Real Estate Report Home Values

Recent Home Sales In The 32309 Real Estate Report

Neighborhood Address SP Price/ SQF Closing Date Year Built SQF
Buckhead 4571 Forest Ridge Drive $284,000 $109 2/8/2012 2012 2,608
Arbor Hill 3222 Varnell Drive $133,000 $100 2/3/2012 1983 1,326
Killearn Estates 2317 Limerick Drive $300,000 $115 2/3/2012 1967 2,605
Killearn Estates 2910 S Shamrock Street $190,000 $84 2/3/2012 1976 2,256
Killearn Estates 2929 S Shamrock $160,000 $69 1/31/2012 1973 2,309
None 8765 Veterans Memorial Drive $130,000 $91 1/31/2012 1996 1,425
Baker Place 5975 Ansel Ferrel $430,000 $145 1/30/2012 2000 2,961
Cartee Prop Unrec 6048 Pimlico Court $340,000 $80 1/30/2012 1983 4,257
Center Hill Acres Unrec 6081 Proctor Rd $205,000 $93 1/27/2012 2012 2,200
Centerville Conservation 6000 Brookfair Lane $510,000 $142 1/27/2012 2008 3,596
Olson Crest 3231 Grant Creek Trail $173,000 $98 1/26/2012 2007 1,767
Greens Of Killearn 3026 White Ibis Way $275,000 $151 1/23/2012 1996 1,818
Sawgrass Plantation 2424 Needle Palm Way $135,000 $95 1/23/2012 1996 1,425
Northshire 8057 Tennyson Drive $415,000 $113 1/20/2012 1989 3,673
Centerville Plantation 10461 Centerville Plantation Road $45,000 $44 1/12/2012 1987 1,017
Centerville Plantation 10465 Centerville Plantation Rd $45,000 $44 1/12/2012 1987 1,017
Highgrove 2049 Chatsworth $327,000 $112 1/10/2012 1985 2,921
Arbor Hill Patio Homes 3238 MoundDrive $71,588 $87 1/9/2012 1983 823
Lake Tom John Estates 5008 Velda Dairy Rd $612,500 $150 1/6/2012 2005 4,091
Killearn Estates 3521 Clifden Drive $163,000 $82 12/30/2011 1997 1,980
None 2413 Tallahassee Drive $240,000 $116 12/30/2011 2003 2,068
Royal Oaks 3914 Royal Oaks Drive $227,500 $101 12/30/2011 1989 2,256
Homestead Ridge 3395 Almanac Rd. $149,440 $106 12/30/2011 2001 1,406
Forsythe Park 4102 Forsythe ParkCircle $195,000 $98 12/28/2011 2001 1,999
Killearn Acres 6301 Count Fleet Trl. $415,000 $195 12/22/2011 2011 2,130
Killearn Acres 6720 Kauai King Trl $192,000 $99 12/21/2011 1988 1,940
Sawgrass Plantation 2457 Needle Palm Way $118,500 $91 12/20/2011 1997 1,308
Killearn Estates 4090 Duffy Ct $435,000 $140 12/20/2011 1990 3,100
Killearn Estates 3053 Tipperary Drive $135,000 $51 12/16/2011 1969 2,637
Baker Place 5997 Miles Blake Drive $425,000 $131 12/15/2011 2003 3,247
Park Charleston 1609 Shadowmoss Avenue $202,000 $118 12/14/2011 2007 1,706
Killearn Estates 3237 DungarvanDrive $160,000 $92 12/12/2011 1975 1,734
Killearn Estates 2320 Killarney Way $286,300 $85 12/9/2011 1970 3,369
Killearn Estates 2800 Cavan Drive $215,000 $93 12/9/2011 1976 2,300
Killearn Estates 3601 Bellingrade Court $260,000 $94 12/6/2011 1992 2,753
Killearn Acres 6751 Johnstown Loop $163,000 $112 12/5/2011 1990 1,452
Lenox Mill 3510 Bankhead Rd $243,000 $109 12/5/2011 1996 2,233
Killearn Estates 3717 Wicklow Circle $153,000 $54 12/2/2011 1971 2,813
Killearn Estates 3051 Waterford Drive $213,753 $58 12/2/2011 1971 3,668
Chemonie Crossing 7281 Wintercreek Lane $350,000 $109 11/30/2011 2003 3,212
Foxcroft 2700 Parsons Rest $210,000 $103 11/30/2011 1978 2,035
Mint Hill 5099 Mint Hill Ct $133,000 $86 11/30/2011 2000 1,554
Royal Oaks 3904 Royal Oaks Court $191,000 $114 11/28/2011 1985 1,669
Killearn Estates 2856 Fitzpatrick Drive $202,500 $90 11/25/2011 1987 2,259
Killearn Estates 3502 Castlebar Circle $175,000 $87 11/23/2011 1971 2,003
Arbor Hill 3238 Thames Drive $144,000 $113 11/22/2011 1983 1,280
Pebble Creek 3420 Jonathans Landing Road $215,000 $84 11/22/2011 1985 2,564
Killearn Estates 3941 Tralee Road $157,000 $90 11/20/2011 1976 1,752
Killearn Estates 2613 Malin Drive $150,000 $67 11/18/2011 1975 2,232
Killearn Estates 4939 E Shannon Lakes $480,000 $125 11/17/2011 2007 3,844
Killearn Acres 3128 Swaps Trail $138,000 $93 11/17/2011 1986 1,479
Lenox Mill 5443 Appledore Ln $242,000 $114 11/17/2011 1996 2,131
Killearn Estates 4050 Delvin Dr $113,400 $61 11/15/2011 1974 1,845
Chemonie Crossing 7466 Creekridge Circle $320,000 $143 11/14/2011 2001 2,231
Killearn Acres 6448 Joe Cotton Trail $150,000 $75 11/10/2011 1982 1,996
Baker Place 5979 Ansel Ferrel Rd $485,000 $154 11/10/2011 2002 3,141
Killearn Estates 3501 Limerick Drive $265,000 $113 11/9/2011 1974 2,352
Arbor Hill Patio Homes 3234 Albert Drive $18,000 $23 11/7/2011 1983 783
Killearn Estates 3511 Westford Drive $145,000 $73 11/4/2011 1970 2,000
Kimberton 3099 Shamrock North $315,000 $105 11/3/2011 1986 3,008
Killearn Estates 4426 StratfordshireCourt $113,000 $96 11/1/2011 1990 1,174
Hawks Landing 3205 Talon Ct $360,000 $126 10/31/2011 2006 2,864
Buckhead 4536 Timberloch $652,500 $144 10/28/2011 2005 4,525
Killearn Acres 6409 Forward Pass Trail $77,500 $50 10/24/2011 1990 1,560
Foxcroft 2973 Foxcroft Drive $131,000 $86 10/21/2011 1984 1,528
Killearn Estates 4056 Mclaughlin Dr $312,500 $111 10/21/2011 1990 2,818
Killearn Estates 3016 Grey Abbey Court $365,000 $140 10/19/2011 1992 2,600
Kenilwood Townhouses 2949 Shamrock Street North #43A $20,000 $15 10/18/2011 1971 1,323
Killearn Estates 4050 Delvin Drive $94,500 $51 10/18/2011 1974 1,845
Killearn Acres 6721 Tim Tam Tr $179,000 $117 10/17/2011 2005 1,526
Highgrove 4766 Highgrove Road $330,000 $121 10/14/2011 1994 2,718
Killearn Acres 6420 Count Turf Trail $176,000 $123 10/14/2011 1982 1,434
Killearn Estates 3721 Donovan Drive $75,000 $67 10/3/2011 1982 1,120
None 4504 Rockbridge Hollow $1,000,000 $141 10/3/2011 1988 7,100
Killearn Estates 3617 Londerry Dr $158,400 $84 9/30/2011 1972 1,887
Northampton 5399 Pembridge Pl $600,000 $142 9/30/2011 1991 4,240
Killearn Acres 3109 Elwood Trail $145,000 $95 9/30/2011 1984 1,532
Killearn Estates 2948 Tipperary Dr $95,000 $53 9/30/2011 1970 1,782
Hawks Landing 3180 Hawks Landing Drive $365,000 $128 9/29/2011 1997 2,848
Killearn Estates 2904 Tyron Circle $249,000 $71 9/28/2011 1971 3,510
Cameron Chase 3338 Dry Creek Dr $245,000 $121 9/27/2011 2005 2,025
None 4492 Handsome Quarters $148,500 $115 9/26/2011 1979 1,290
Arvah Branch 2456 Arvah Branch Boulevard $265,000 $102 9/26/2011 1994 2,588
Stonebriar 2323 Cleburn Lane $247,000 $112 9/23/2011 2011 2,200
Kimberton 5009 Kenmare Court $430,000 $124 9/23/2011 1981 3,472
Killearn Acres 6618 Man O' War Trail $126,500 $82 9/22/2011 1983 1,547
Barclay Villas 3040 Kaleb Court $175,000 $96 9/22/2011 1988 1,817
Killearn Acres 6464 Cavalcade Trail $155,000 $112 9/22/2011 1998 1,380
Killearn Estates 2826 Whittington Drive $200,500 $86 9/21/2011 1996 2,345
Emerald Acres 8581 Marquis Street $246,500 $111 9/20/2011 2005 2,221
Foxcroft 2997 Fenwick Court East $225,000 $100 9/19/2011 1989 2,240
Highlands At Northampton 5375 Appledore Lane $180,000 $97 9/19/2011 1998 1,850
Foxcroft 3025 Banks Road $150,000 $99 9/15/2011 1977 1,512
Killearn Acres 6405 Cavalcade Trail $163,000 $99 9/14/2011 1983 1,653
Killearn Estates 2790 Edenderry Drive $460,000 $101 9/12/2011 1989 4,569
Killearn Estates 2951 Giverny Circle $255,500 $119 9/9/2011 1998 2,152
Killearn Acres 5328 Ben Brush Trail $210,000 $94 9/9/2011 1983 2,236
Fresh Water Farms 8334 Freshwater Farms Road $230,000 $94 9/7/2011 1989 2,444
None 10230 Miccosukee Rd $225,000 $72 9/2/2011 1988 3,141
Killearn Estates 5016 Tallow Point Rd $212,000 $121 9/2/2011 1986 1,752
Barclay Lane Condos 4553-A Barclay Lane $120,000 $107 9/2/2011 1989 1,122
Cameron Chase 3383 Aqua Ridge Way $200,000 $117 9/1/2011 2003 1,715

Please come back again to find the continually updated 32309 real estate report as well as other updates about home sales in Tallahassee.

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