32312 Real Estate Report Shows Slight-Positive Move
Our previous post about home sales in the 32309 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 32312 real estate report.
The 32312 zip code is home to some very popular Tallahassee neighborhoods, such as Killearn Lakes, Golden Eagle Plantation, Bull Run, Summerbrooke, and Ox Bottom Manor. If you want to find out how well the high end homes in Tallahassee are selling, the 32312 real estate report would be the best place to start your study.
If you need to sell a home in the 32312 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 32312 Real Estate Report
Average home prices in the 32312 real estate report are still rising. The average price of homes that have sold in the 32312 zip code have been generally on the rise since the beginning of 2010. Of course, we know from past reports that this does not necessarily have to coincide with value trends, it merely reflects the spending power of today's low-mortgage-interest-rate-armed buyer.
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.
Home Values In The 32312 Zip Code
The graph below shows that home values in the 32312 real estate report have been falling for five years and had reached a level of $115 per square foot several months ago. That means current values are consistent with values in late 2003, and we expect 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.
Note the current trend shows values slightly on the rise. This is contrary to how we believe the long-term trend is performing and could very well be related to the recent surge in the top end of our market. Just as several other "blips" have occurred during the market decline, we believe this will be the case when we next look at the 32312 real estate report.
Search Popular Tallahassee Neighborhoods
Bettons°Bobbins ° Briar Chase ° Buckhead ° BullRun ° Forest Heights ° Glen at GE ° Golden Eagle ° High Grove ° Huntington Woods ° Indian Head Acres ° Killearn Acres ° Killearn Estates ° Killearn Lakes ° Ox Bottom ° Piney Z ° Rosehill ° Royal Oaks ° Sable Chase ° Savannah Crossing ° Southwood ° Summerbrooke ° Timber Lake ° Weems Plantation ° Wolf Creek ° WoodbriarRecent Home Sales In The 32312 Real Estate Report
| Neighborhood | Address | SP | Price/ SQF | Closing Date | Year Built | SQF |
| Bobbin Trace | 3842 Millers Bridge Rd., East | $750,000 | $152 | 2/29/2012 | 2001 | 4,947 |
| Hollystone | 4975 Hollystone | $320,000 | $138 | 2/27/2012 | 2011 | 2,316 |
| Villages At Maclay | 1346 Hidden Timbers Place | $229,500 | $127 | 2/27/2012 | 1999 | 1,805 |
| Bobbin Brook | 4005 Bobbin Brook Circle | $515,000 | $150 | 2/24/2012 | 1987 | 3,424 |
| Bull Run | 2607 Ulysses Rd | $284,900 | $142 | 2/24/2012 | 2011 | 2,005 |
| Deerfield Plantation | 8353 Innsbrook Drive | $183,000 | $101 | 2/24/2012 | 2003 | 1,815 |
| Groves At Summerbrooke | 1618 Berry Hill Court | $125,000 | $71 | 2/24/2012 | 1997 | 1,756 |
| Killearn Lakes | 3205 Horseshoe Trail | $200,000 | $86 | 2/24/2012 | 1990 | 2,318 |
| None | 3425 Lakeshore | $280,000 | $105 | 2/24/2012 | 1962 | 2,660 |
| Timber Ridge | 4642 Amber Valley Dr | $155,000 | $84 | 2/24/2012 | 1986 | 1,837 |
| Waverly Hills | 913 Lasswade | $260,000 | $126 | 2/24/2012 | 1962 | 2,068 |
| None | 3537 Lakeshore Drive | $230,000 | $65 | 2/23/2012 | 1968 | 3,556 |
| Bull Run | 2565 Halleck Lane | $290,000 | $145 | 2/21/2012 | 2011 | 2,000 |
| Miller Landing Unrec | 2111 Miller Landing Rd | $490,000 | $158 | 2/21/2012 | 1981 | 3,108 |
| Killearn Lakes | 11056 Wildlife Trail | $237,500 | $101 | 2/17/2012 | 1994 | 2,342 |
| Lakeshore Estates | 3222 Seawolf | $175,000 | $96 | 2/17/2012 | 1989 | 1,824 |
| None | 312 Folsom Rd | $105,000 | $57 | 2/17/2012 | 1956 | 1,829 |
| None | 842 Mays Rd | $193,500 | $98 | 2/17/2012 | 1960 | 1,973 |
| Barrington Park Condominiums | 2801 Chancellorsville Dr, #1121 | $171,500 | $103 | 2/16/2012 | 2004 | 1,660 |
| Bobbin Brook | 545 Maclay Road | 1,250,000 | $183 | 2/16/2012 | 1987 | 6,837 |
| Barrington Park Condominiums | 2801 ChancellorsvilleDrive | $105,000 | $85 | 2/15/2012 | 2005 | 1,234 |
| None | 2065 Ox Bottom Road | $661,000 | $174 | 2/15/2012 | 2004 | 3,800 |
| Ox Bottom Manor | 6007 Ox Bottom Manor | $334,500 | $124 | 2/10/2012 | 1989 | 2,706 |
| Villages At Maclay | 1374 Pawnee Pointe Court | $142,500 | $114 | 2/10/2012 | 1998 | 1,254 |
| Killearn Lakes | 8716 Spring Shore Trl | $255,000 | $97 | 2/10/2012 | 1986 | 2,629 |
| Barrington Park Condominiums | 2801 Chancellorsville Dr | $138,500 | $90 | 2/9/2012 | 2004 | 1,532 |
| Rosehill | 209 Ardea Way | $475,000 | $160 | 2/9/2012 | 1992 | 2,976 |
| Bull Run | 2623 Manassas Way | $244,900 | $147 | 2/8/2012 | 2011 | 1,670 |
| Kirkwood | 3205 Sharer Road | $113,000 | $73 | 2/8/2012 | 1966 | 1,554 |
| Golden Eagle Plantation | 9010 Winged Foot Drive | $287,000 | $84 | 2/7/2012 | 1993 | 3,417 |
| Golden Eagle Plantation | 3014 Golden Eagle Dr East | $640,000 | $154 | 2/6/2012 | 1999 | 4,152 |
| Bull Run | 2570 Carthage Lane | $290,000 | $147 | 2/3/2012 | 2012 | 1,972 |
| Killearn Lakes | 1830 Folkstone Rd | $149,000 | $102 | 2/3/2012 | 1990 | 1,468 |
| Bull Run | 2518 Lagrange Trail | $271,400 | $150 | 1/31/2012 | 2011 | 1,809 |
| Golden Eagle Plantation | 2124 Doral Dr | $370,000 | $133 | 1/31/2012 | 1997 | 2,776 |
| Bull Run | 2566 Carthage Lane | $319,900 | $144 | 1/29/2012 | 2011 | 2,224 |
| Bull Run | 2542 Manassas | $260,000 | $137 | 1/27/2012 | 2009 | 1,891 |
| Bull Run | 2569 Ulysses Rd | $299,900 | $143 | 1/27/2012 | 2011 | 2,100 |
| Penny Lane | 1233 Penny Lane | $700,000 | $144 | 1/27/2012 | 1991 | 4,868 |
| Turkey Creek | 14230 Turkey Creek Dr | $320,000 | $122 | 1/27/2012 | 2004 | 2,626 |
| Bull Run | 2656 Breton Ridge Drive | $279,000 | $113 | 1/26/2012 | 2005 | 2,475 |
| None | 3511 N MeridianRoad | $445,000 | $142 | 1/25/2012 | 2006 | 3,131 |
| Killearn Lakes | 8825 Minnow Creek Drive | $104,900 | $93 | 1/25/2012 | 1987 | 1,124 |
| Killearn Lakes | 3460 Rosemont Ridge Rd | $96,000 | $68 | 1/24/2012 | 1982 | 1,402 |
| Killearn Lakes | 9901 Turtle Dove Way | $157,500 | $108 | 1/23/2012 | 1990 | 1,460 |
| Killearn Lakes | 1592 Copperfield Circle | $221,500 | $97 | 1/23/2012 | 1989 | 2,288 |
| Kirkwood | 3307 Sharer Road | $120,000 | $68 | 1/20/2012 | 1968 | 1,761 |
| Bull Run | 2641 Opequon | $249,900 | $150 | 1/20/2012 | 2011 | 1,670 |
| Bull Run | 2664 Breton Ridge Drive | $281,000 | $125 | 1/20/2012 | 2012 | 2,250 |
| Killearn Lakes | 1604 Norwood Lane | $188,000 | $102 | 1/20/2012 | 1992 | 1,850 |
| Ox Bottom | 257 Thornberg Dr | $345,000 | $125 | 1/20/2012 | 1996 | 2,757 |
| Golden Eagle Plantation | 3242 Pablo Creek Way | $400,000 | $143 | 1/13/2012 | 2005 | 2,795 |
| Killearn Lakes | 8137 Blue Quill Trl | $129,999 | $61 | 1/13/2012 | 1987 | 2,148 |
| Killearn Lakes | 1679 Folkstone Rd | $162,000 | $110 | 1/13/2012 | 1997 | 1,468 |
| Villages At Maclay | 1374 Pawnee Pointe Court | $139,000 | $111 | 1/13/2012 | 1998 | 1,254 |
| Killearn Lakes | 9300 Buck Haven Trail | $192,000 | $98 | 1/12/2012 | 1990 | 1,954 |
| Summerbrooke | 1220 Greensward Drive | $431,000 | $133 | 1/12/2012 | 2001 | 3,250 |
| Villages At Maclay | 1304 Mosswood Chase | $165,900 | $122 | 1/11/2012 | 1998 | 1,361 |
| Glen At Golden Eagle | 2521 HeathrowDrive | $152,400 | $101 | 1/10/2012 | 2003 | 1,502 |
| Golden Eagle Plantation | 2132 Amanda Mae Court | $538,000 | $111 | 1/6/2012 | 1999 | 4,847 |
| Bull Run | 2609 Farragut Way | $272,900 | $136 | 1/6/2012 | 2011 | 2,000 |
| Ox Bottom Manor | 6271 Whittondale Ct | $275,000 | $101 | 1/6/2012 | 1993 | 2,736 |
| Bull Run | 5604 Burnside Circle | $350,000 | $134 | 1/5/2012 | 2007 | 2,611 |
| Killearn Lakes | 1827 Folkstone Rd | $94,000 | $62 | ########## | 1992 | 1,505 |
| Killearn Lakes | 3423 Briar Branch Trail | $155,000 | $98 | ########## | 1977 | 1,582 |
| Golden Eagle Plantation | 8881 Winged Foot Dr | $414,000 | $136 | ########## | 2001 | 3,049 |
| Meridian Ridge | 330 Meridian Ridge Court | $170,000 | $113 | ########## | 2011 | 1,500 |
| Waverly Hills | 2908 Lasswade Dr | $110,000 | $62 | ########## | 1955 | 1,773 |
| Glen At Golden Eagle | 9326 Tuscany Dr | $193,000 | $100 | ########## | 2004 | 1,938 |
| Sable Chase | 1837 Acorn Ridge | $209,900 | $105 | ########## | 2005 | 1,995 |
| Hawks Nest | 678 Forest Lair | $250,000 | $125 | ########## | 1987 | 1,999 |
| Hunters Crossing | 374 Rob Roy Trl | $225,000 | $118 | ########## | 1997 | 1,911 |
| Meridian Ridge | 318 Meridian Ridge Court | $200,400 | $91 | ########## | 2007 | 2,210 |
| Killearn Lakes | 2965 Killearn Pointe Ct | $225,000 | $120 | ########## | 1997 | 1,882 |
| Scotswood | 7135 Towner Trace | $140,000 | $107 | ########## | 1996 | 1,311 |
| Suburban Hills | 2808 SweetbriarDrive | $73,350 | $48 | ########## | 1970 | 1,527 |
| Killearn Lakes | 10112 Twisting Vine Court | $179,900 | $99 | ########## | 2000 | 1,811 |
| Bull Run | 2629 Manassas Way | $256,300 | $150 | ########## | 2011 | 1,712 |
| Baker Place | 5993 Ponder Lane | $505,000 | $157 | ########## | 2000 | 3,225 |
| Killearn Lakes | 3554 Dogwood Valley | $172,500 | $120 | ########## | 2003 | 1,435 |
| Killearn Lakes | 7805 Thornhill Lane | $225,000 | $112 | ########## | 1974 | 2,015 |
| Killearn Lakes | 8308 Chickasaw Trail | $165,000 | $104 | ########## | 1993 | 1,585 |
| Killearn Lakes | 9112 Hickorynut | $157,500 | $112 | ########## | 1992 | 1,412 |
| Ox Bottom Manor | 6276 Whittondale Dr | $290,000 | $100 | ########## | 1995 | 2,891 |
| Killearn Lakes | 3543 Rosemont Ridge Rd | $172,000 | $91 | ########## | 1986 | 1,888 |
| Golden Eagle Plantation | 1643 Eagles Watch Way | $187,000 | $92 | ########## | 2003 | 2,026 |
| Spencer Properties | 7036 Spencer Road | $335,000 | $131 | 12/9/2011 | 2000 | 2,562 |
| Killearn Lakes | 2261 Tuscavilla Road | $190,000 | $103 | 12/9/2011 | 1990 | 1,849 |
| Sable Chase | 1842 Acorn Ridge | $170,000 | $98 | 12/8/2011 | 2005 | 1,740 |
| Ox Bow Hill | 6363 Ox Bow Run | $485,000 | $118 | 12/7/2011 | 2006 | 4,100 |
| Lakeshore Gardens | 311 Dreadnaught | $182,000 | $93 | 12/7/2011 | 2001 | 1,950 |
| Summerbrooke | 1017 Summerbrooke Drive | $375,000 | $141 | 12/6/2011 | 1993 | 2,651 |
| Killearn Lakes | 1805 Log Ridge Trail | $247,500 | $102 | 12/5/2011 | 1994 | 2,432 |
| Luna Manor | 1429 Covey Ride West | $325,000 | $96 | ########## | 1998 | 3,400 |
| Lakeshore Gardens | 277 Hemley Loop | $170,000 | $113 | ########## | 1999 | 1,510 |
| Killearn Lakes | 9500 Buck Haven Trail | $200,000 | $96 | ########## | 1992 | 2,083 |
| Ox Bottom Manor | 355 Milestone Drive | $255,000 | $108 | ########## | 1994 | 2,357 |
| Piedmont Park | 1209 Sandhurst Drive | $178,900 | $100 | ########## | 1967 | 1,786 |
| Killearn Lakes | 3316 Micanopy Trl | $145,000 | $114 | ########## | 1985 | 1,274 |
| Killearn Lakes | 8227 Hunters Ridge Trail | $151,000 | $108 | ########## | 1993 | 1,404 |
| Killearn Lakes | 8121 Blue Quill Trl | $235,500 | $101 | ########## | 1988 | 2,332 |
| The Lakes | 1325 Airport Drive E1 | $60,000 | $55 | ########## | 1984 | 1,083 |
| Waverly Hills | 511 Waverly Road | $141,500 | $57 | ########## | 1977 | 2,483 |
| Killearn Lakes | 7816 Briarcreek Road | $179,900 | $106 | ########## | 2008 | 1,694 |
| Hunters Crossing | 333 Hunters Crossing | $185,000 | $100 | ########## | 1988 | 1,847 |
| Killearn Lakes | 8130 Blue Quill Trl | $260,366 | $76 | ########## | 1986 | 3,440 |
| Greystone | 7986 Greystone Drive | $409,000 | $151 | ########## | 2011 | 2,715 |
| None | 7040 Spencer Road | $375,000 | $121 | ########## | 1991 | 3,088 |
| Scotswood | 7310 Hollis Street | $130,000 | $100 | ########## | 1998 | 1,298 |
| Pine Tip Hills | 3808 Sampson Court | $476,500 | $142 | ########## | 2005 | 3,348 |
| Killearn Lakes | 7825 Briarcreek Rd N | $220,000 | $120 | ########## | 2000 | 1,830 |
| Bull Run | 5621 Ringold Lane | $284,900 | $142 | ########## | 2011 | 2,005 |
| Waverly Hills | 1103 Kenilworth Rd | $229,500 | $70 | ########## | 1967 | 3,300 |
| Villages At Maclay | 1304 Mosswood Chase | $166,500 | $122 | ########## | 1998 | 1,361 |
| Barrington Park Condominiums | 2801 Chancellorsville | $71,500 | $65 | 11/8/2011 | 2004 | 1,096 |
| Ox Bottom Manor | 205 Hawk Meadow Dr | $341,700 | $107 | 11/8/2011 | 1990 | 3,185 |
| Iamonia Lodge Unrecorded | 12134 Waterfront Drive | $150,000 | $98 | 11/7/2011 | 1971 | 1,529 |
| Lakeshore Gardens | 141 IverniaLoop | $128,000 | $94 | 11/1/2011 | 1997 | 1,356 |
| Killearn Lakes | 3261 Lilburn Court | $215,000 | $110 | 11/1/2011 | 1999 | 1,956 |
Please check back again for more niche and targeted reports like the 32312 real estate report.
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