Bobbin Mill Woods, Bobbin Trace, and Bobbin Brook are three adjacent high-end neighborhoods located in NE Tallahassee.
Buyers seeking spacious homes on generous homesites have been drawn to this A+ location for more than 40 years.
Homes For Sale In The Bobbin Neighborhoods
The following list of homes are all currently active listings in Bobbin Mill Woods, Bobbin Trace, and Bobbin Brook.
Homes For Sale In Bobbin Mill Woods, Bobbin Trace, and Bobbin Brook
In this report, you will find updated graphs featuring average home price trends, average home value trends, and average home size trends in the three Bobbin neighborhoods and a table of all Bobbin home sales going back to 1991.
Bobbin Mill Woods, Bobbin Trace, and Bobbin Brook are just a very short drive to the private Maclay School, and are also zoned for the following Leon County public schools:
For the real estate graphs found in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis).
It is important to note that the narrative contained below is for sales through December for all previous years, but through the middle of December in 2017. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of homes in Bobbin Mill Woods, Bobbin Trace, and Bobbin Brook).
Bobbin Mill Woods, Bobbin Trace, and Bobbin Brook Home Prices
The average home price in the Bobbins this year has been $731,400, but you can take this figure with a grain of salt.
Since there are very few sales in the Bobbins each year, the average fluctuates quite a bit. The key in the Bobbins is to understand (What) has sold in terms of age, updates, lot size, etc. As with all low-liquidity situations, valuation requires far more experience and insight than one requires at lower price ranges.
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Activity in the Bobbin neighborhoods remains about the same as we have seen for the past 12 years, and properly marketed homes are selling. Currently, there are four homes for sale in the Bobbin neighborhoods and two are already under contract.
Bobbin Neighborhood Home Values
Average home values have moved higher this year when compared to the average recorded in 2016. The same (low liquidity) point applies to values as we mentioned above regarding prices.
The eight homes sold in the Bobbin neighborhoods thus far in 2017 have an average value of $185 per square foot.
Is Your Agent Too Broke To Be Your Broker?
Most Real Estate Agents Have No Marketing Budget
The average real estate agent in Tallahassee will only sell five homes this year, and more than half will sell two or fewer. This means they do not earn enough money to spend the significant amount it takes to attract MANY buyers to your home.
They certainly cannot spend the type of money needed each day to promote your home and generate the buzz you need to attract MULTIPLE buyers. We are effective. And we spend more money each month marketing our listings than most agents earn in a year.
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The “Bobbins” Home Sizes
The average home size sold in the Bobbins typically falls in a range of 3,500 to 5,000 square feet, and 2017 is no different.
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The 8 homes sold in 2017 have averaged 3,994 square feet.
Home Sales In Bobbin Mill Woods, Bobbin Trace, and Bobbin Brook
The following list shows more than 250 home sales in the Bobbin neighborhoods going back to 1991.
This concludes our December 2017 update on home sales in Bobbin Mill Woods, Bobbin Trace, and Bobbin Brook, please feel free to give us a call at (850) 366-8917 or drop us a note if you have questions not covered in this report.
See all Tallahassee neighborhoods here.
