Betton Neighborhoods Are Safe Bet In Tough Housing Market
Every single neighborhood in Tallahassee has seen home values decline, but none will weather this tough housing market better than the Betton neighborhoods (IMHO).
I have written reports on the Betton neighborhoods (Betton Brook, Betton Estates, Betton Hill, Betton Hills, Betton Oaks, Betton Place, and Betton Woods) for many years, as these neighborhoods are not prone to some of the problems that newer subdivisions in Tallahassee must endure.
For example, we won't see continued building of new homes during a glutted buyers' market like we are seeing in Southwood and Bull Run. And with location, location, location working for the Betton neighborhoods, they will certainly bounce-back as fast as any subdivision in the Tallahassee real estate market.
Home Prices In The Betton Neighborhoods
Currently, there are thirty homes for sale in the Betton neighborhoods, marketed in the Tallahassee MLS. These homes are priced from as low as $165,000 to as high as $765,000.
The real estate graph below shows that the average price for a home sold in the Betton neighborhoods over the past year has been around $275,000. The green bars measure arms-length home sales, while the red bars measure distressed property sales. It appears that the Betton neighborhoods have a relatively low level of short sales, foreclosures, and bank owned property sales.
Home Values In The Betton Neighborhoods
Home values have shot up thus far in 2012, which is a trend contrary to most other neighborhoods in Tallahassee. We will have to monitor the short sales and foreclosures in the Betton neighborhoods, as these will have the largest bearing on value movement over the next few years.
If you are thinking about selling a home in the Betton neighborhoods, drop me a note and I will show you how to take advantage of the strength of Betton when you market your home online.
Home Sales In The Betton Neighborhoods
The following is a list of the most recent home sales in the Betton neighborhoods (recorded in the Tallahassee MLS).
Neighborhood | Address | SP | Price/ SQF | Closing Date | Year Built | SQF |
Betton Hill | 2001 Ellicott | $255,000 | $153 | 5/31/2012 | 2012 | 1,668 |
Betton Oaks | 1643 Goodwood Dr | $144,000 | $108 | 5/30/2012 | 1977 | 1,333 |
Betton Oaks | 1508 Goodwood Dr. | $168,000 | $112 | 5/17/2012 | 1986 | 1,499 |
Betton Woods | 2542 Noble Drive | $183,500 | $83 | 5/11/2012 | 1983 | 2,218 |
Betton Hills | 2224 Armistead | $200,000 | $103 | 5/10/2012 | 1963 | 1,938 |
Betton Oaks | 1672 Goodwood Drive | $145,000 | $103 | 4/26/2012 | 1975 | 1,405 |
Betton Brook | 821 Wilmon Court | $198,000 | $135 | 3/30/2012 | 2001 | 1,464 |
Betton Hills | 2123 Spence Ave | $250,000 | $126 | 3/27/2012 | 1955 | 1,977 |
Betton Hills | 1518 Argonne Road | $178,000 | $74 | 3/22/2012 | 1973 | 2,391 |
Betton Hill | 2006 Lee Avenue | $372,000 | $133 | 3/19/2012 | 1951 | 2,800 |
Betton Hill | 2111 Spence Avenue | $329,000 | $155 | 3/16/2012 | 1958 | 2,116 |
Betton Oaks | 1528 Goodwood | $185,005 | $109 | 3/12/2012 | 1980 | 1,700 |
Betton Hills | 2115 E Randolph Circle | $670,000 | $161 | 3/6/2012 | 1952 | 4,150 |
Betton Hills | 2247 Trescott Drive | $318,000 | $128 | 3/2/2012 | 1957 | 2,490 |
Betton Hills | 2230 Ellicott | $635,000 | $148 | 2/29/2012 | 1995 | 4,300 |
Betton Hill | 1427 SpruceAvenue | $327,000 | $154 | 2/27/2012 | 1955 | 2,119 |
Betton Place | 2072 Trescott Drive | $110,000 | $49 | 2/14/2012 | 1968 | 2,233 |
Betton Hill | 1531 Belleauwood Drive | $237,000 | $112 | 2/1/2012 | 1960 | 2,118 |
Betton Hills | 1532 Belleau Wood Drive | $415,000 | $147 | 1/13/2012 | 2007 | 2,827 |
Betton Hills | 2122 Jenette St | $180,000 | $147 | 1/10/2012 | 1955 | 1,225 |
Betton Hill | 1514 Mitchell | $195,000 | $124 | 12/30/2011 | 1957 | 1,576 |
Betton Hill | 1415 Crestview Ave | $258,000 | $184 | 12/23/2011 | 2011 | 1,400 |
Betton Hill | 2261 Trescott Drive | $235,000 | $105 | 12/20/2011 | 1959 | 2,232 |
Betton Hills | 2744 EverettLane | $342,000 | $93 | 12/9/2011 | 1979 | 3,659 |
Betton Hills | 2125 Trescott Dr | $285,000 | $113 | 11/21/2011 | 1981 | 2,517 |
Betton Hill | 1520 Argonne Rd | $282,000 | $96 | 11/16/2011 | 1959 | 2,929 |
Betton Hills | 2002 Ellicott Dr | $200,000 | $110 | 10/28/2011 | 1975 | 1,820 |
Betton Oaks | 1769 Brown Street | $220,000 | $115 | 10/28/2011 | 1979 | 1,919 |
Betton Oaks | 1801 Brown Street | $189,000 | $98 | 10/24/2011 | 1980 | 1,933 |
Betton Hill | 2308 Armistead Road | $180,000 | $128 | 10/20/2011 | 1965 | 1,404 |
Betton Hills | 2205 Armistead Road | $165,000 | $80 | 10/4/2011 | 1972 | 2,065 |
Betton Woods | 2569 Noble Dr | $425,000 | $111 | 10/3/2011 | 1991 | 3,836 |
Betton Hills | 1511 Crestview Avenue | $205,200 | $108 | 9/26/2011 | 1949 | 1,900 |
Betton Hills | 2613 Marston Rd | $284,500 | $103 | 8/31/2011 | 1970 | 2,767 |
Betton Hills | 1535 Hickory Avenue | $275,000 | $132 | 8/15/2011 | 1951 | 2,078 |
Betton Hill | 2231 Trescott Drive | $143,000 | $78 | 7/29/2011 | 1958 | 1,824 |
Betton Hills | 2132 Armistead Road | $285,000 | $127 | 7/29/2011 | 1970 | 2,247 |
Betton Hills | 2514 Harriman Cir | $650,000 | $174 | 7/27/2011 | 2006 | 3,728 |
Betton Hill | 1522 Argonne Rd | $250,000 | $87 | 7/15/2011 | 1957 | 2,890 |
Betton Hill | 1317 Lemond Street | $218,000 | $126 | 7/15/2011 | 1955 | 1,731 |
Betton Oaks | 1558 Goodwood Drive | $166,400 | $106 | 7/15/2011 | 1976 | 1,575 |
Betton Hills | 2223 Trescott Drive | $263,000 | $102 | 7/1/2011 | 1956 | 2,576 |
Betton Woods | 2529 Betton Woods Dr | $129,000 | $60 | 6/24/2011 | 1980 | 2,160 |
Betton Hills | 2530 Marston Rd | $396,000 | $119 | 6/15/2011 | 1970 | 3,315 |
Betton Hill | 2522 Marston Road | $265,000 | $93 | 6/10/2011 | 1970 | 2,858 |
Betton Hills | 2116 E Randolph Circle | $355,000 | $124 | 5/18/2011 | 1951 | 2,862 |
Betton Hills | 2233 Demeron Road | $432,000 | $125 | 5/10/2011 | 1994 | 3,458 |
Betton Hills | 2506 Marston Road | $257,500 | $134 | 4/29/2011 | 1971 | 1,928 |
Betton Hills | 2011 Lee Avenue | $235,000 | $103 | 4/21/2011 | 1949 | 2,287 |
Betton Hills | 2001 Trescott Drive | $495,000 | $134 | 3/31/2011 | 2008 | 3,692 |
Betton Hill | 2509 Cline Street | $370,000 | $123 | 3/31/2011 | 1971 | 3,015 |
Betton Hills | 2000 Ellicott Drive | $190,000 | $100 | 3/4/2011 | 1975 | 1,909 |
Betton Hills | 1534 Mitchell Avenue | $194,500 | $124 | 2/18/2011 | 1950 | 1,568 |
Betton Hill | 1504 Mitchell Avenue | $235,000 | $141 | 1/5/2011 | 1952 | 1,668 |
Betton Hills | 2724 Everett Ln | $280,000 | $88 | 12/23/2010 | 1874 | 3,197 |
Betton Hill | 1579 Marion Avenue | $220,000 | $124 | 12/20/2010 | 1949 | 1,774 |
Betton Hill | 1520 Marion Avenue | $212,500 | $90 | 12/3/2010 | 1942 | 2,353 |
Betton Hills | 2001 Winthrop Way | $361,000 | $121 | 12/2/2010 | 1974 | 2,985 |
Betton Hills | 2535 Marston Road | $315,000 | $103 | 11/10/2010 | 1972 | 3,060 |
Betton Hill | 1302 Betton Road | $198,000 | $120 | 10/25/2010 | 1948 | 1,645 |
Betton Hill | 1575 Hickory Avenue | $340,000 | $95 | 10/11/2010 | 1951 | 3,562 |
Betton Hill | 1445 Mitchell Avenue | $298,000 | $145 | 9/15/2010 | 1959 | 2,052 |
Betton Hills | 2304 Armistead Road | $215,000 | $92 | 9/2/2010 | 1963 | 2,332 |
Betton Hills | 1514 Argonne Road | $265,000 | $95 | 8/11/2010 | 1954 | 2,782 |
Betton Oaks | 1643 Goodwood Drive | $174,000 | $131 | 7/30/2010 | 1977 | 1,333 |
Betton Hills | 1781 Marston Place | $525,000 | $155 | 7/20/2010 | 1978 | 3,386 |
Betton Hills | 2136 Armistead Road | $255,000 | $125 | 7/16/2010 | 1962 | 2,040 |
Betton Hills | 2401 Cline Street | $240,000 | $87 | 7/15/2010 | 1973 | 2,760 |
Betton Hills | 1424 Marion Avenue | $193,500 | $121 | 7/8/2010 | 1949 | 1,594 |
Betton Hills | 2213 Armistead Road | $340,000 | $123 | 7/1/2010 | 1972 | 2,769 |
Betton Hill | 1638 Mitchell Avenue | $133,000 | $86 | 6/23/2010 | 1960 | 1,540 |
Betton Estates | 1809 Linden Lane | $360,000 | $139 | 6/8/2010 | 1979 | 2,595 |
Betton Hills | 2120 Jenette | $185,000 | $98 | 6/1/2010 | 1957 | 1,895 |
Betton Hills | 2002 Trescott Drive | $166,000 | $111 | 5/30/2010 | 1976 | 1,496 |
Betton Oaks | 1590 Goodwood Drive | $171,783 | $91 | 5/28/2010 | 1978 | 1,898 |
Betton Hills | 2106 W Randolph Circle | $155,000 | $89 | 5/26/2010 | 1950 | 1,738 |
Betton Hill | 1584 Hickory Avenue | $475,000 | $151 | 5/15/2010 | 1950 | 3,151 |
Betton Hill | 1529 Crestview Avenue | $450,000 | $119 | 4/30/2010 | 1949 | 3,788 |
Betton Hills | 2353 Armistead Road | $288,000 | $101 | 3/26/2010 | 1976 | 2,839 |
Betton Hills | 1507 Argonne Road | $320,000 | $112 | 3/23/2010 | 1954 | 2,869 |
Betton Hills | 2117 Trescott Drive | $235,000 | $155 | 3/19/2010 | 1955 | 1,517 |
Betton Hills | 2115 E Randolph Circle | $700,000 | $169 | 3/16/2010 | 1952 | 4,150 |
Betton Hill | 2320 Armistead Rd. | $230,000 | $148 | 3/9/2010 | 1962 | 1,558 |
Betton Hill | 1502 Marion Avenue | $417,000 | $169 | 2/5/2010 | 1979 | 2,474 |
Betton Hill | 2203 Trescott Drive | $257,300 | $125 | 1/19/2010 | 1954 | 2,059 |
I hope you enjoyed this Tallahassee neighborhood report. Please check back for our charts, graphs, and analysis of other great subdivisions in Tallahassee, including updates on the Betton neighborhoods.
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