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Are Home Values Returning In Killearn Lakes Plantation?

The housing market recovery is well underway for homeowners in Killearn Lakes Plantation.

When we look at the graph above, we see that unit sales are growing, and 1 in 4 of them are coming from distressed home sales.

Currently, there are 49 homes for sale in Killearn Lakes Plantation, and many are priced at levels not seen in nearly 10 years.

Tallahassee Should Monitor Killearn Lakes Plantation

Killearn Lakes Plantation has been one of the most active neighborhoods in Tallahassee over the past ten years, so anything we see happen here we can expect to find similar trends in other neighborhoods eventually.

Average home values are on the rise in Killearn Lakes Plantation, which is very rare for any Tallahassee neighborhood at this point in the recovery.

The graph below shows that it is not an insignificant "bump" in the data, rather it is a trend that is nearly a year old. The information shown below is for arms length home sales only, meaning the "averages" would not be as high if we included distressed home sales.

Killearn Lakes Plantation

I suspect the primary reason for this increase in values is that Killearn Lakes Plantation had seen values drop further than some of the surrounding areas, so Killearn Lakes Plantation is re-aligning with the rest of the housing market.

Recent Home Sales In Killearn Lakes Plantation

The following is a list of past home sales in Killearn Lakes Plantation:

Address Sales Price Price/SQF Closing Date Year Built SQF Type
2981 Killearn Pointe Court $296,000 $127 4/1/2013 1997 2,335 Arms Length
3401 Valley Creek Drive $157,000 $102 3/25/2013 1982 1,543 Arms Length
3457 Cedarwood Trl $168,000 $107 3/22/2013 1986 1,567 Arms Length
12053 Cedar Bluff Trail $220,000 $99 3/11/2013 1990 2,221 Distressed
10013 Leafwood Drive $245,000 $118 3/5/2013 1999 2,081 Arms Length
8265 Hunters Ridge $166,000 $116 2/28/2013 2008 1,435 Arms Length
1113 Blackhawk Way $199,000 $89 2/28/2013 1996 2,237 Distressed
7717 N Briarcreek Rd $195,000 $89 2/20/2013 1985 2,193 Distressed
1883 Log Ridge Trl $198,300 $110 2/13/2013 1991 1,806 Arms Length
8037 Briarcreek Road $185,237 $91 2/6/2013 1987 2,044 Distressed
2330 Haverhill $359,000 $132 1/31/2013 1988 2,711 Arms Length
8733 Minnow Creek Drive $120,000 $94 1/18/2013 1989 1,270 Distressed
3543 Rosemont Ridge Rd $165,000 $85 1/18/2013 1986 1,945 Arms Length
7857 N Briarcreek Road $255,500 $123 1/11/2013 2012 2,072 Arms Length
3516 Larkspur Lane $237,500 $106 12/31/2012 1985 2,234 Arms Length
3453 Cedarwood Trl $170,000 $115 12/28/2012 1987 1,483 Arms Length
9109 Birch Run Ln $145,000 $110 12/21/2012 1990 1,313 Arms Length
1725 Broken Bow Trail $168,000 $114 12/21/2012 1997 1,480 Arms Length
1520 Copperfield Circle $137,500 $71 12/12/2012 1991 1,926 Distressed
1517 Copperfield Circle $160,000 $96 12/7/2012 1990 1,660 Distressed
8830 Minnow Creek Dr $141,000 $109 12/7/2012 1989 1,296 Arms Length
10037 Leafwood Dr $250,000 $125 11/27/2012 2001 1,999 Arms Length
3041 Killearn Pointe Ct $233,000 $119 11/2/2012 1999 1,958 Arms Length
2821 Turkey Hill Trail $425,000 $127 11/2/2012 1988 3,342 Arms Length
1524 Chadwick Way $210,000 $114 10/26/2012 1992 1,843 Arms Length
1761 Copperfield Circle $204,900 $129 10/16/2012 1988 1,588 Arms Length
3449 Cedarwood $162,700 $112 9/28/2012 1999 1,455 Arms Length
1726 Folkstone Road $127,000 $96 9/21/2012 1994 1,323 Distressed
1608 Flint Ridge Lane $167,500 $104 9/21/2012 1990 1,603 Arms Length
11045 Wildlife Trail $200,000 $86 9/21/2012 1994 2,319 Arms Length
8273 Hunters Ridge Trl $188,500 $111 9/20/2012 1990 1,698 Arms Length
1845 Log Ridge Trl $230,000 $112 9/13/2012 1998 2,054 Arms Length
8315 Chickasaw Trl $142,000 $104 9/10/2012 1991 1,366 Distressed
2215 Ten Oaks Drive $350,000 $125 9/9/2012 1988 2,811 Arms Length
7409 Candlewood $100,000 $65 9/6/2012 1984 1,536 Distressed
9317 Buck Haven Trail $89,000 $64 9/6/2012 1992 1,390 Distressed
2020 Morning Dove $360,000 $108 8/31/2012 1989 3,335 Arms Length
13017 Gopher Wood Trail $205,000 $107 8/31/2012 1990 1,910 Arms Length
1829 Bridgemont Trail $210,000 $130 8/29/2012 2012 1,614 Arms Length
7769 N Briarcreek Road $220,000 $128 8/23/2012 2012 1,715 Arms Length
8375 ChickasawTrail $145,000 $103 8/17/2012 1995 1,402 Arms Length
1749 CopperfieldCircle $226,347 $115 8/15/2012 1992 1,974 Arms Length
8137 Blue Quill Trail $227,500 $106 8/13/2012 1987 2,148 Arms Length
8707 Spring Shore Trail $373,500 $124 8/10/2012 2003 3,007 Arms Length
11026 Wildlife Trail $196,000 $92 8/10/2012 1990 2,127 Arms Length
12025 Otter Creek Trail $150,000 $98 8/10/2012 1994 1,524 Arms Length
3551 Dogwood Valley Trl $172,500 $112 8/10/2012 1986 1,544 Arms Length
10112 Twisting Vine Ct $206,000 $114 8/9/2012 2000 1,811 Arms Length
1781 Copperfield Circle $225,000 $109 7/27/2012 2005 2,059 Arms Length
3309 Micanopy $228,000 $123 7/27/2012 2004 1,848 Arms Length
8804 EdenrockLane $197,000 $103 7/26/2012 1986 1,913 Arms Length
2237 Tuscavilla Rd $162,000 $113 7/20/2012 1990 1,433 Arms Length
2312 HaverhillRoad $225,000 $117 7/20/2012 1988 1,918 Arms Length
9932 Beaver Ridge Trl $150,000 $85 7/13/2012 1991 1,772 Distressed
3329 Cherokee Ridge Trl $170,000 $114 7/12/2012 2004 1,490 Arms Length
11025 Wildlife Trl $268,000 $121 6/29/2012 2006 2,209 Arms Length
3492 Rosemont Ridge Rd $165,000 $111 6/22/2012 2009 1,487 Arms Length
1612 Chadwick Way $250,000 $105 6/18/2012 1992 2,376 Arms Length
1609 Chadwick Way $245,000 $88 6/15/2012 1990 2,772 Distressed
2433 Bass Bay Dr $291,000 $110 6/14/2012 1985 2,637 Arms Length
10412 Merribrook Ln $205,000 $108 6/11/2012 1996 1,897 Arms Length
3520 Larkspur Lane $143,000 $86 6/8/2012 1987 1,662 Distressed
8721 Minnow Creek Drive $204,000 $90 5/25/2012 1989 2,271 Arms Length
3516 Larkspur Ln $145,000 $65 5/24/2012 1985 2,234 Distressed
9929 Beaver RidgeTrail $250,000 $104 5/15/2012 1990 2,401 Arms Length
2988 Killearn Pointe Crt $320,000 $145 5/8/2012 1999 2,210 Arms Length
2249 Tuscavilla Road $150,400 $95 5/4/2012 1990 1,587 Distressed
3460 Rosemont Ridge $155,000 $111 4/30/2012 1982 1,402 Arms Length
9409 Buck HavenTrail $215,000 $99 4/30/2012 1994 2,172 Arms Length
1216 Pheasant Run $173,000 $94 4/23/2012 2000 1,841 Distressed
2989 Killearn Point Court $245,000 $127 4/16/2012 1999 1,935 Arms Length
8259 Chickasaw Trail $121,500 $67 4/12/2012 1986 1,810 Distressed
3432 Briar Branch Trail $163,800 $104 4/6/2012 1977 1,580 Arms Length
1583 Copperfield Circle $215,000 $98 4/5/2012 1991 2,198 Distressed
1801 Bridgemont Trail $143,600 $101 3/30/2012 1991 1,421 Arms Length
3439 Treaty Oak Trail $215,000 $113 3/30/2012 2008 1,896 Arms Length
10032 Leafwood Drive $203,000 $134 3/28/2012 1997 1,513 Arms Length
3463 Hawks Hill Trail $175,000 $109 3/22/2012 2005 1,600 Arms Length
8185 Blue Quill Trail $205,300 $70 3/20/2012 1987 2,938 Distressed
7733 Briarcreek Road $105,500 $84 3/14/2012 1984 1,256 Distressed
2231 Pine Landing Court $105,000 $71 3/6/2012 2000 1,478 Distressed
3205 Horseshoe Trail $200,000 $86 2/24/2012 1990 2,318 Distressed
11101 Wildlife Trl $175,000 $77 2/24/2012 1990 2,284 Distressed
11056 Wildlife Trail $237,500 $101 2/17/2012 1994 2,342 Arms Length
8716 Spring Shore Trl $255,000 $97 2/10/2012 1986 2,629 Arms Length
1830 Folkstone Rd $149,000 $102 2/3/2012 1990 1,468 Arms Length
8825 Minnow Creek Drive $104,900 $93 1/25/2012 1987 1,124 Distressed
3460 Rosemont Ridge Rd $96,000 $68 1/24/2012 1982 1,402 Distressed
9901 Turtle Dove Way $157,500 $108 1/23/2012 1990 1,460 Arms Length
1592 Copperfield Circle $221,500 $97 1/23/2012 1989 2,288 Arms Length
1604 Norwood Lane $188,000 $102 1/20/2012 1992 1,850 Arms Length
8137 Blue Quill Trl $129,999 $61 1/13/2012 1987 2,148 Distressed
1679 Folkstone Rd $162,000 $110 1/13/2012 1997 1,468 Arms Length
9300 Buck Haven Trail $192,000 $98 1/12/2012 1990 1,954 Arms Length

I hope this Killearn Lakes Plantation report has provided you the market insight you were seeking, and you can always drop me a note for a more detailed analysis for your specific goals and situation.

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