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Arvah Branch Housing Report March 2015

Arvah Branch is a hidden gem of a neighborhood just outside of city limits on Miccosukee Road north of I-10.

The average homesite falls between 1 and 5 acres, which is a very healthy parcel size for a home located so close to the heart of Tallahassee. Homes here are typically 25% larger than our median, so historically it's a place where you would have to spend about $250,000 to purchase a home.

But the collapse of the housing market has brought opportunities for buyers who want to not only take advantage of lower values, but also capitalize on low mortgage interest rates.

In this report, we examine prices, values, and sizes of homes in Arvah Branch, as well as the current listings in the Tallahassee MLS and all closed home sales going back to 2002.

Arvah Branch Home Prices

Arvah Branch subdivision is located just outside Northeast Tallahassee city limits between Miccosukee Road and I-10, about 4 miles from Capital Circle NE. The community houses 99 lots with lot sizes beginning at 3/4 acres and going up to 5 acres. Homeowners like to call it 'Tallahassee's Best Kept Secret'! Arvah Branch HOA Website

For each of the three real estate graphs found in this report, you will find the number of closed home sales for each year (blue columns, measured on the left vertical axis), and an important real estate statistic shown in red (measured on the right vertical axis. It is important to note that sales are through December for all previous years, but through mid March in 2015.

Average home prices dipped 1% in 2014 versus 2013, leaving prices 14% below the peak of the market prices established in 2006. Distressed sales have been so much lower than other neighborhoods in Tallahassee, with only one distressed sale recorded since 2002, but this trend is about to reverse as both homes listed right now are short sales. The one closed sales price was $215,000 for Arvah Branch thus far in 2015.

Home sales activity in Arvah Branch is sporadic due to its relatively small size. 2013 was a breakout year, posting 10 homes sold (second most on record). This year appears to be consistent with what we have seen over the past seven years, but it is still far too early to be certain. Thus far in 2015, there has been 1 closed home sales in Arvah Branch.

Arvah Branch Home Values

Average home values in Arvah Branch show a 20% decline since last year, but that is due to the fact that there has only been one sale thus far. Considering the two properties listed right now are short sales, I would expect a significant decline in home values in 2015.

In 2014, the average value of a home sold in Arvah Branch was $118 per square foot. This was up 5% over the the previous year, but still down about 15% from the market high set back in 2006. This means that many homeowners who have purchased or refinanced in the past 10 years are likely at zero or negative equity situations, and maybe that's why both homes on the market right now are distressed.

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Arvah Branch Home Sizes

The average home size sold in Arvah Branch typically falls in a range of 1,800 to 2,400 square feet, and this year features homes for sale towards the larger end of this range.

The one home sold thus far in 2015 was 2,275 square feet.

Homes For Sale In Arvah Branch

The following list of homes are the most recent listings in Arvah Branch.

Arvah Branch

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Arvah Branch Home Sales

The following list shows home sales going back to 1991 in Arvah Branch.

AddressPricePrice/SQFClosing DateYear BuiltSQFSale Type
6488 Justin Grant Trail$290,000$1382019-06-2619922,105Resale
1978 Bushy Hall Road$250,000$1392019-06-2320021,793Resale
2452 Arvah Branch Boulevard$296,000$1412019-05-0319962,099Resale
2006 Bushy Hall Road$285,000$1322019-04-1819932,158Resale
6464 Justin Grant Trl$225,000$1012019-02-2519932,223Resale
1977 Bushy Hall Road$220,000$1202019-02-2220011,831Resale
6525 Saylers Creek Rd$280,000$1462018-11-1619941,921Resale
6518 Saylers Creek Road$342,500$1222018-11-0919892,815Resale
6504 Saylers Creek Court$362,500$1422018-08-3019892,559Resale
1973 Bushy Hall Rd$178,500$872017-03-1720012,043Resale
1985 Bushy Hall Road$224,900$1252016-06-3019901,794Resale
6524 Saylers Creek Road$294,000$1192016-06-2819892,472Resale
2007 Bushy Hall Road$225,000$1222016-05-2719941,843Resale
1999 Bushy Hall Rd$232,500$1232016-05-2519921,886Resale
2440 Arvah Branch Blvd$370,000$1822016-03-2420152,033Resale
6534 Saylers Creek Road$179,000$972015-11-2319951,849Resale
1974 Bushy Hall Road$216,000$1022015-10-2820042,116Resale
6471 Justin Grant Trail$240,000$1002015-08-1319892,412Resale
2018 Bushy Hall Road$236,000$1212015-07-1719941,946Resale
2459 Arvah Branch Boulevard$190,000$782015-04-2219902,422Resale
6496 Justin Grant Trail$228,000$1142015-03-1619942,004Resale
6509 Pickfare Ct$215,000$952015-03-1319902,275Resale
6476 Justin Grant Trl$269,000$1262014-09-0319942,129Resale
2509 Arvah Branch Blvd$220,000$1082014-07-0119942,029Resale
6480 Justin Grant Trl$258,000$1282013-10-1119922,012Resale
2436 Arvah Branch Blvd$280,000$1062013-09-2019932,644Resale
6484 Justin Grant Trl$265,000$1152013-08-2319922,312Resale
2464 Arvah Branch Blvd$263,000$1162013-07-2619992,259Resale
2017 Bushy Hall Rd$225,000$1132013-05-3119951,997Resale
6524 Saylers Creek Rd$246,000$1132013-05-1519892,168Resale
2002 Bushy Hall Rd$195,000$1062013-04-2619961,845Resale
Arvah Branch Blvd$334,900$1362013-03-0520132,462New
2000 Bushy Hall Rd$180,000$952013-02-0819941,899Resale
6505 Pickfare Ct$190,000$822013-02-0719922,324Resale
2497 Arvah Branch Blvd$192,000$1052012-09-2119921,824Resale
6472 Justin Grant Trl$200,000$1072012-08-1719941,865Resale
2017 Bushy Hall Rd$204,000$1022012-05-1019951,997Resale
2456 Arvah Branch Blvd$265,000$1052011-09-2619942,525Resale
6529 Saylers Creek Rd$229,900$1262011-07-2820041,827Resale
1999 Bushy Hall Rd$192,000$1022010-12-2719921,886Resale
1977 Bushy Hall Rd$196,000$1072009-10-2220011,831Resale
1985 Bushy Hall Rd$212,000$1192009-09-2319901,783Resale
2026 Bushy Hall Rd$190,000$1012009-06-2919941,881Resale
1982 Bushy Hall Rd$223,500$1172009-03-2320021,913Resale
6507 Saylers Creek Rd$267,000$1112008-08-1819892,400Resale
2448 Arvah Branch Blvd$499,900$1942007-11-3019992,576Resale
1974 Bushy Hall Rd$269,000$1302007-07-1720042,071Resale
2477 Arvah Branch Blvd$265,000$1412007-06-2519941,884Resale
2459 Arvah Branch Blvd$285,000$1382007-03-3019902,065Resale
6524 Saylers Creek Rd$300,000$1402007-01-1219892,148Resale
1977 Bushy Hall Rd$181,000$992006-12-1420011,831Resale
2449 Arvah Branch Blvd$307,000$1422006-11-1719892,168Resale
6469 Elkwater Ct$254,500$1402006-11-1620011,821Resale
2455 Arvah Branch Blvd$292,000$1362006-06-0819922,146Resale
1989 Bushy Hall Rd$257,000$1412006-05-2619901,819Resale
6505 Pickfair Ct$325,000$1402006-03-2419922,324Resale
6521 Saylers Creek Rd$280,000$1552006-03-1520021,809Resale
2025 Bushy Hall Rd$270,000$1402006-03-0320021,922Resale
2017 Bushy Hall Rd$267,000$1342005-12-1319951,997Resale
2003 Bushy Hall Rd$258,500$1442005-11-0319911,800Resale
1977 Bushy Hall Rd$150,000$822005-09-1220011,831Resale
6480 Justin Grant Trl$264,000$1322005-09-0919922,000Resale
1985 Bushy Hall Rd$227,000$1272005-09-0119901,783Resale
6529 Saylers Creek Rd$259,000$1422005-08-0220041,827Resale
6509 Pickfair Ct$245,000$1362005-06-2419901,796Resale
6480 Justin Grant Trl$240,000$1202005-04-2519922,000Resale
6464 Justin Grant Trl$265,000$1202005-04-1919932,213Resale
6505 Pickfair Ct$270,000$1162005-03-2219922,324Resale
2482 Arvah Branch Blvd$255,000$1022005-03-1819942,508Resale
6513 Saylers Creek Rd$275,000$972005-03-0419902,833Resale
6469 Elkwater Ct$215,000$1182005-02-2820011,821Resale
2506 Arvah Branch Blvd$228,000$1112004-12-2819962,047Resale
6472 Justin Grant Trl$208,000$1112004-12-1019941,867Resale
1981 Bushy Hall Rd$214,000$1062004-12-0319962,027Resale
6469 Elkwater Ct$215,000$1182004-11-3020011,821Resale
2007 Bushy Hall Rd$214,000$1162004-09-1019941,843Resale
--$223,800$1112004-07-2119922,011Resale
6471 Justin Grant Trl$220,000$1092004-06-3019892,027Resale
6533 Saylers Creek Rd$198,900$1012004-05-2819991,968Resale
1974 Bushy Hall Rd$185,000$892004-04-0820042,071New
6507 Saylers Creek Rd$238,500$992004-03-2619892,400Resale
6503 Saylers Creek Ct$272,500$1062004-01-2319892,564Resale
6456 Justin Grant Tr$170,000--2003-12-232003--New
2455 Arvah Branch Blvd$227,900$1062003-11-1419922,146Resale
6496 Justin Grant Trl$204,000$1042003-11-1419941,968Resale
2014 Bushy Hall Rd$194,900$1032003-09-2619971,884Resale
6504 Saylers Creek Ct$248,700$1282003-07-2419891,944Resale
6504 Saylers Creek Ct$248,700$1282003-06-2719891,944Resale
2451 Arvah Branch Blvd$190,000$942003-06-1619892,027Resale
6476 Justin Grant Trl$200,000$942003-05-3019942,129Resale
2477 Arvah Branch Blvd$166,500$882003-04-1119941,884Resale
6453 Justin Grant Trl$185,000$882003-02-2719922,114Resale
6524 Saylers Creek Rd$197,000$922002-12-0919892,148Resale
1989 Bushy Hall Rd$170,000$932002-12-0619901,819Resale
1978 Bushy Hall Rd$165,000$922002-11-2620021,793New
2002 Bushy Hall Rd$165,000$892002-09-2019961,845Resale
6470 Elkwater Ct$170,000$822002-09-1319902,083Resale
1982 Bushy Hall Rd$165,000$862002-08-3020021,913New
1977 Bushy Hall Rd$158,900$872002-08-2320011,831Resale
2506 Arvah Branch Blvd$162,500$792002-06-2419962,047Resale
6505 Pickfair Ct$192,000$832002-05-2919922,324Resale
6509 Pickfair Ct$166,000$922002-01-1819901,796Resale
6448 Justin Grant Trl$206,000$952001-11-0219992,174Resale
1977 Bushy Hall Rd$133,100$732001-10-3120011,831New
2023 Bushy Hall Rd$150,000$522001-10-1220012,865New
6496 Justin Grant Trl$160,400$822001-09-2919941,968Resale
2014 Bushy Hall Rd$155,000$822001-08-1419971,884Resale
6524 Saylers Creek Rd$183,000$852001-04-2619892,148Resale
1986 Bushy Hall Rd$178,000$842001-04-1219962,108Resale
2456 Arvah Branch Blvd$232,000$902001-03-2819942,588Resale
6469 Elkwater Ct$176,000$972001-02-1220011,821New
6476 Justin Grant Trl$185,000$872000-11-3019942,129Resale
6504 Saylers Creek Ct$195,000$1002000-11-2419891,944Resale
1977 Bushy Hall Rd$103,000$332000-11-0820013,134New
6453 Justin Grant Trl$169,000$802000-08-3119922,114Resale
2482 Arvah Branch Blvd$175,000$702000-06-3019942,508Resale
6504 Saylers Creek Ct$198,000$1022000-06-3019891,944Resale
2489 Arvah Branch Blvd$177,000$902000-06-2719921,968Resale
2013 Bushy Hall Rd$169,500--2000-04-172000--New
2452 Arvah Branch Blvd$177,200$842000-01-3119962,099Resale
2460 Arvah Branch Blvd$194,500$632000-01-0619893,091Resale
6525 Saylers Creek Rd$130,000$681999-11-1219941,921Resale
6472 Justin Grant Trl$150,000$801999-10-2719941,867Resale
Arvah Branch Blvd$110,000$421999-08-0519992,635New
2489 Arvah Branch Blvd$156,500$801999-07-2619921,968Resale
2453 Arvah Branch Blvd$152,000$831999-07-1619931,827Resale
6475 Justin Grant Trl$165,000$611999-07-1319902,691Resale
2455 Arvah Branch Blvd$179,500$841999-06-3019922,146Resale
--$160,000$801999-02-2619922,011Resale
--$160,000$801999-02-2619922,011Resale
6448 Justin Grant Trl$164,000$751999-01-1519992,174New
2451 Arvah Branch Blvd$136,900$681998-12-1019892,027Resale
6512 Saylers Creek Rd$173,000$671998-11-13--2,578Resale
6468 Justin Grant Trl$149,500$801998-10-30--1,875Resale
1990 Bushy Hall Rd$153,000$741998-10-09--2,069Resale
6473 Justin Grant Trl$162,000$791998-07-30--2,044Resale
2468 Arvah Branch Blvd$120,000$441998-06-2619982,700New
2004 Bushy Hall Rd$160,000$821998-05-29--1,948Resale
6496 Justin Grant Trl$147,500$751998-03-0919941,968Resale
2459 Arvah Branch Blvd$148,000$721998-02-2719902,065Resale
6464 Justin Grant Trl$178,500$811997-11-2619932,213Resale
6444 Justin Grant Trl$178,000$801997-09-2619972,225New
6440 Justin Grant Trl$181,700$841997-07-0119972,169New
6471 Justin Grant Trl$151,900$751997-01-3119892,027Resale
1986 Bushy Hall Rd$147,900$701996-11-1919962,108New
6503 Saylers Creek Ct$190,000$741996-10-1519892,564Resale
1994 Bushy Hall Rd$143,000$721996-10-11--1,982Resale
2456 Arvah Branch Blvd$218,000$841996-10-1119942,588Resale
6508 Saylers Creek Rd$210,000$831996-07-25--2,525Resale
2488 Arvah Branch Blvd$132,000$701996-07-19--1,874Resale
4014 Bushy Hall Rd$95,000$391996-07-1119962,457New
2452 Arvah Branch Blvd$100,000$321996-07-0219963,099New
2436 Arvah Branch Blvd$223,500$871996-06-1119932,583Resale
2017 Bushy Hall Rd$136,000$681996-05-3119951,997Resale
2002 Bushy Hall Rd$138,000$751996-05-2419961,845New
2506 Arvah Branch Blvd$142,900$701996-05-1719962,047New
2007 Bushy Hall Rd$133,600$721996-04-2619941,843Resale
6468 Justin Grant Trl$126,700$681996-03-28--1,875Resale
2449 Arvah Branch Blvd$140,000$651995-12-2919892,168Resale
6534 Saylers Creek Rd$150,500$811995-12-2919951,849New
6524 Saylers Creek Rd$159,900$741995-12-1119892,148Resale
2455 Arvah Branch Blvd$160,000$751995-12-1119922,146Resale
6470 Elkwater Ct$129,900$621995-10-2519902,083Resale
2451 Arvah Branch Blvd$137,000$681995-10-1219892,027Resale
2004 Bushy Hall Rd$139,900$721995-10-1219951,948New
6508 Saylers Creek Rd$215,000$851995-09-29--2,525Resale
1990 Bushy Hall Rd$139,000$671995-09-2219952,069New
2453 Arvah Branch Blvd$137,500$751995-08-0119931,827Resale
2488 Arvah Branch Blvd$115,000$611995-07-31--1,874Resale
2489 Arvah Branch Blvd$136,000$691995-06-0519921,968Resale
1994 Bushy Hall Rd$135,800$691995-04-0419951,982New
6473 Justin Grant Trl$139,900$681995-03-31--2,044Resale
6492 Justin Grant Trl$126,900$631995-02-0219942,011New
2509 Arvah Branch Blvd$135,000$671994-12-0219942,029New
2000 Bushy Hall Rd$135,900$721994-11-2819941,899New
6496 Justin Grant Trl$129,900$661994-11-0119941,968Resale
2505 Arvah Branch Blvd$127,000$601994-10-12--2,130Resale
2022 Bushy Hall Dr$130,000$471994-10-0319942,737New
6505 Pickfair Ct$151,000$651994-08-3019922,324Resale
6468 Justin Grant Trl$126,000$671994-06-2719941,875New
6476 Justin Grant Trail$101,000$351994-02-1119932,897New
2026 Bushy Hall Road$100,000$431994-02-0819932,346New
2447 Arvah Branch Blvd$139,000$711994-01-26--1,955Resale
6470 Elkwater Ct$119,500$571993-12-1719902,083Resale
2494 Arvah Branch Blvd$121,400$651993-12-1519941,859New
2477 Arvah Branch Blvd$100,000$451993-12-1019942,205New
6471 Justin Grant Trl$128,500$631993-12-0719892,027Resale
2018 Bushy Hall Road$92,500$391993-09-2019932,396New
2494 Arvah Branch Blvd$94,100$341993-09-1519942,733New
6487 Justin Grann Tr$115,000$551993-06-2119932,095New
6509 Pickfair Ct$118,000$661993-05-2719901,796Resale
6464 Justin Grant Trl$93,915$421993-05-1419932,213New
6512 Saylers Creek Rd$157,900$611993-03-29--2,578Resale
2447 Arvah Branch Blvd$142,000$731993-03-0319931,955New
6453 Justin Grant Trl$134,900$641993-03-0119922,114New
2489 Arvah Branch Blvd$119,500$611992-11-1819921,968New
2493 Arvah Branch Blvd$120,000$591992-11-0319922,041New
6475 Justin Grant Trl$121,800$451992-09-1519902,691Resale
6484 Justin Grant Trl$120,500$641992-08-1719921,872New
6480 Justin Grant Trl$80,000$401992-08-1119922,000New
--$129,900$651992-07-28--2,011Resale
1999 Bushy Hall Rd$105,000$561992-07-1719921,886New
2505 Arvah Branch Blvd$123,500$581992-05-15--2,130Resale
2455 Arvah Branch Blvd$130,000$611992-05-0619922,146New
2497 Arvah Branch Blvd$60,000$331992-01-1619921,824New
6512 Saylers Creek Rd$128,000$501992-01-0319912,578New
2003 Bushy Hall Rd$110,500$611991-12-3119911,800Resale
6507 Saylers Creek Rd$125,000$521991-12-3019892,400Resale
2490 Arvah Branch Blvd$125,000$651991-12-2619911,920New
6504 Saylers Creek Ct$129,000$661991-12-1119891,944Resale
6507 Saylers Creek Rd$27,500$111991-10-2319892,400Resale
2451 Arvah Branch Blvd$130,500$641991-10-0119892,027Resale
2473 Arvah Branch Blvd$132,500$661991-08-26--2,006Resale
2481 Arvah Branch Blvd$152,000$601991-04-2919912,546New
6471 Justin Grant Trl$126,000$621991-01-1519892,027Resale

I hope you enjoyed our March 2015 update on home sales in Arvah Branch, please feel free to drop me a note if you have questions not covered in this report.

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