Search Listings

Arms Length Home Sales Still Rule Tallahassee Housing

The percentage of home sales that are “arms length” are on the rise recently, even as the total number of home sales continues to lag near the bottom of the housing market in Tallahassee. We define arms length sales as ones where the buyer and the seller are meeting on equal footing (or simply not a distressed home sale).

I have taken a look at home sales going back to the beginning of 2010 and graphed arms length versus non arms length home sales, and each month has the corresponding “non arms length percentage” shown as well.

Arms Length Home Sales In Tallahassee

Non Arms Length Home Sales

Roughly 22% of the home sales in July were non arms length, which is far lower than the 42% that we saw in January. The one-year trend (not shown) is still on a slight rise, but if the last two months are any indicator, maybe we will see this coming down in the near future.

King Of The Non Arms Length Home Sales – Short Sales

Tallahassee Short Sales Tallahassee short sales continue their slow and steady rise in Tallahassee, with the one-year trend approaching 13%, or one in every 8 home sales in Tallahassee.

List Of Recent Non Arms Length Home Sales

Neighborhood Address SP Price/SQF Closing Date Year Built SQF
Louvenia Lakes 4223 Louvinia Drive $189,000 $76 7/29/2011 1985 2,501
Park Brook Crossing 161 Parkbrook Circle $62,000 $65 7/29/2011 1986 960
Camelot Park 400 Merlin Way $125,000 $85 7/29/2011 1980 1,470
Groves At Summerbrooke 1599 Sweet Plum Cir $157,500 $92 7/29/2011 2001 1,717
None 14665 Mahan Drive $90,000 $25 7/29/2011 1973 3,560
Parkside 804 Watt Dr $139,000 $66 7/29/2011 1956 2,119
Savannah Crossing 2738-2606 W Tharpe St $65,000 $54 7/29/2011 2004 1,209
University Park 415 Georgetown Drive $48,000 $42 7/29/2011 1970 1,134
Saxon Northwest Add 804 Dunn Street $57,000 $50 7/28/2011 2005 1,144
Shannon Forest 3717 Mundon  Way $78,000 $46 7/28/2011 1976 1,712
Crescent Hills 5363 Falling Star Drive $109,500 $88 7/27/2011 2006 1,246
Plantation Woods 4035 Elder Lane $76,900 $58 7/27/2011 1981 1,325
Rockbrook Village 3729 Sutor Ct $34,000 $37 7/27/2011 1983 914
Woodrun Garden Homes 2657-2659 Chandalar Lane $51,000 $32 7/27/2011 1983 1,578
Settlers Creek 3840 Magellan Court $80,000 $50 7/26/2011 1994 1,586
Woodbriar 3361 Sawtooth  Drive $62,000 $46 7/26/2011 2005 1,338
None 2426 Country Club Drive $52,500 $39 7/25/2011 2006 1,351
Woodrun Garden Homes 2671-2673 Chandalar Lane $50,900 $33 7/25/2011 1983 1,566
Woodrun Garden Homes 2679-2681 Chandalar Lane $51,000 $32 7/25/2011 1983 1,590
Fish Camp 9335 W Tennessee Street $117,000 $87 7/22/2011 1999 1,352
Killearn Lakes 1560 Copperfield Circle $210,000 $95 7/22/2011 1991 2,220
Woodbriar 3345 Sawtooth Dr $64,000 $48 7/20/2011 2005 1,328
Natural Wells 2268 Natural Wells Drive $73,000 $64 7/19/2011 2005 1,144
Southwood 4065 Colleton Court $112,000 $85 7/19/2011 2003 1,324
Woodbriar 3396 WOODBRIAR LN $120,000 $96 7/18/2011 2005 1,249
Fairview 3009 S Meridian Street $24,500 $35 7/17/2011 1952 696
Lakeside 4255 Cool Emerald $152,000 $86 7/15/2011 2006 1,767
Southwood 2111 Merrifield Lane $215,000 $121 7/15/2011 2002 1,782
None 202 Sweet Grass Lane $85,000 $77 7/15/2011 2000 1,107
Crawfordville Trace 933 Crawfordville Trace $94,500 $75 7/14/2011 2006 1,263
Killearn Lakes 9353 Buck Haven Trail $156,000 $82 7/12/2011 1991 1,898
Killearn Lakes 2205 Wood Duck Way $120,000 $77 7/11/2011 1990 1,552
Indian Head Acres 1917 S Magnolia Drive $97,500 $88 7/11/2011 1951 1,107
Blairstone Forest 1685 SILVERWOOD DR $122,000 $85 7/11/2011 1987 1,437
Rockbrook 1020 Sutor Road $47,500 $33 7/10/2011 1977 1,428
Pecan Grove Estates 3512 S Carnation Court $57,000 $56 7/8/2011 1983 1,020
Residences At Whispering Pines 2731 Blair Stone Road $22,600 $25 7/8/2011 1972 907
Killearn Estates 5305 Ben Brush Trail $164,450 $78 7/8/2011 1994 2,108
Killearn Lakes 9481 Buck Haven Trail $149,800 $80 7/8/2011 1991 1,884
Lakewood Village 4520 Zonker Court $55,000 $34 7/7/2011 1983 1,598
Valley Green 1454 Valley Green Drive $105,000 $72 7/7/2011 1988 1,464
Indian Head Acres 1539 Dacron DR $76,800 $76 7/6/2011 1958 1,008
Apalachee Hills 1613 Quazar Road $75,000 $64 7/5/2011 2006 1,173
Rosehill 287 Rosehill Dr E $838,000 $146 7/1/2011 1999 5,746
Magnolia Addition 942 Delores $66,000 $44 7/1/2011 1950 1,500
Gwynndale 1709 Talpeco $72,500 $51 7/1/2011 1970 1,408
Glendale 2044 Thomasville Road $300,000 $112 6/30/2011 1988 2,680
Buckwood 4065 Bellington Ct $116,682 $89 6/30/2011 1989 1,312
Golden Eagle Plantation 9031 Winged Foot Dr $450,000 $124 6/30/2011 2000 3,626
Wolf Creek 1824 Nena Hills Drive $90,000 $52 6/30/2011 2005 1,744
Southwood 4059 Colleton Court $144,000 $97 6/30/2011 2003 1,483
Woodrun East 7890 Tally Ann Drive $77,000 $73 6/30/2011 1990 1,055
Leewood Hollow 1211 Leewood Hollow $115,000 $105 6/30/2011 1983 1,092
Tower Oaks 5531 Tower Wood Trail $94,000 $70 6/29/2011 2002 1,338
Meadows At Woodrun 2309 Windermere Road $81,750 $76 6/29/2011 1980 1,078
Savannah Crossing 2738-2604 W Tharpe St $67,000 $55 6/28/2011 2004 1,209
Killearn Acres 6428 Bold Venture Trail $110,000 $91 6/28/2011 1984 1,207
Heatherwood Estates 4262 Heatherwood Drive $125,000 $79 6/27/2011 2004 1,592
Killearn Lakes 8377 Hunters Ridge Trail $86,000 $86 6/27/2011 1993 1,000
Woodland Drive 909 Circle Drive $340,000 $139 6/27/2011 1954 2,443
Camellia Gardens 3400 Old Bainbridge Road #306 $68,000 $49 6/24/2011 2004 1,386
None 3620 Estates Road $60,000 $21 6/24/2011 1990 2,851
Camelot Park 870 Kingsway Rd. $182,000 $79 6/24/2011 1978 2,300
Homestead Ridge 9370 Settler Avenue $210,000 $106 6/24/2011 2007 1,983
Golden Pheasant 2259 Upland Way $280,000 $99 6/23/2011 2005 2,838
Glen Pointe 4100 Mission Trace Blvd $57,500 $55 6/21/2011 1997 1,050
None 1829 Woodgate Way $200,000 $89 6/20/2011 1977 2,251
Brighton Place Condos 1575 PAUL RUSSELL RD $103,000 $60 6/20/2011 2006 1,731
Crown Ridge 4063 BUSTER RD $28,000 $27 6/20/2011 1999 1,056
killearn lakes 7900 Briar Creek $148,000 $110 6/20/2011 1994 1,342
Autumn Woods 5633 Maple Forest Drive $95,000 $95 6/17/2011 1979 1,000
Brandon Woods 3419 Derbyshire Court $230,000 $91 6/16/2011 1986 2,530
CONTINENTAL OAKS 2067 CONTINENTAL Avenue $27,500 $43 6/16/2011 1983 640
Killearn Estates 2829 Roscommon Drive $214,500 $70 6/15/2011 1969 3,069
Forest Heights 1907 Sunset Lane $155,000 $124 6/15/2011 1974 1,252
Buckhead 2630 S Hannon Hill Drive $303,900 $118 6/14/2011 1999 2,567
Talco Hills 2422 Talco Hills Drive $58,000 $57 6/14/2011 1990 1,019
Camellia Gardens 3400 Old Bainbridge #402 $84,900 $62 6/13/2011 2004 1,368
Valley View 1101 Colorado Street $25,000 $22 6/10/2011 1954 1,152
Killearn Lakes 1600 FOLKSTONE RD $114,900 $84 6/8/2011 1991 1,370
Sable Chase 1833 Acorn Ridge Trail $159,650 $108 6/8/2011 2005 1,477
Villas Of Westridge 2363 SANDPIPER ST $32,000 $34 6/8/2011 1983 928
Woodbriar 3309 Sawtooth Drive $65,500 $49 6/7/2011 2005 1,338
Florida A&M 222 Young Street $39,000 $28 6/6/2011 1945 1,385
Huntington Woods 2800 Faringdon Drive $87,000 $73 6/3/2011 1991 1,185
Bluffs At Deerpointe 6839 Walden Circle $166,000 $94 6/3/2011 1990 1,769
Southwood 4070 Colleton Court $139,900 $94 6/3/2011 2003 1,483
Emerald Acres 8589 Marquis Street $231,000 $106 6/2/2011 2005 2,175
Goose Creek Meadows 171 Leah Martin Court $172,000 $90 6/2/2011 2002 1,916
Northampton 5235 Outwood Mill Lane $205,500 $93 6/2/2011 1993 2,220
Villas Of Westridge 2272 SANDPIPER STREET $25,000 $27 6/2/2011 1983 928
Wolf Creek 1954 Nena Hills Drive $66,275 $49 6/2/2011 2005 1,344
Copper Creek 1102 Copper Creek Drive $51,000 $51 6/2/2011 1993 1,008

Check back with us from time to time, as we will always monitor the status of arms length home sales and their counterparts in the Tallahassee housing market.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (487) Blogging Real Estate (189) Distressed Property (31) Foreclosures (4) Glossary of Real Estate Terms (31) Government and Real Estate (30) Homes For Sale (130) Housing Market Conditions (1240) Housing Report (54) Lis Pendens (4) Main (1025) Mortgage / Finance (71) New Construction (1) Off Topic (84) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (26) Real Estate Opinion (3) REALTOR News (11) Tallahassee (89) Tallahassee Neighborhoods (495) Uncategorized (50)

Posts By Month

Blog Roll

Luxury Homes For Sale New Construction Homes For Sale Homes For Sale With Swimming Pools Homes For Sale On Acreage Homes For Sale In Killearn Lakes Plantation Homes For Sale In Killearn Estates Homes For Sale In Southwood Homes For Sale In Killearn Acres Homes For Sale In Summerbrooke Homes For Sale In Golden Eagle Plantation Homes For Sale In Piney Z Homes For Sale In Bull Run Homes For Sale In Betton Homes For Sale In The Ox Bottom Area

Tag Cloud

Grab Our RSS Feed

Tallahassee Home Searches

Contact Us

Joe Manausa Real Estate
2066 Thomasville Rd
Tallahassee, FL 32308
(850) 366-8917