Buckhead Real Estate Sales Report March 2016

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There is a pocket of new and newer homes in Buckhead that appears to be thriving even as the rest of the Tallahassee real estate market recovers.

Today’s Buckhead real estate sales report shows a neighborhood that is recording its highest values ever and inventory (including new home construction) is selling.

This is newsworthy because we do not come across many subdivisions in Tallahassee where homes are selling at values higher than what was recorded during the peak of the housing market in 2006.

But this is the case with Buckhead.

You can find Buckhead in the Killearn Area, located on the East side of Centerville Road, just north of the Interstate.

Buckhead Real Estate Report

For each of the three real estate graphs found below, 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 second week of March in 2016. 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 for sale in Buckhead).

Average Home Prices In Buckhead

There were 15 homes sold in Buckhead last year, with an average sales price of $422,750. Through the second week of March in 2016, only one home has sold and closed and it sold for $415,000. With three homes on the market and one already under contract, Buckhead appears to be doing well.

Average Home Price

The pace of home sales in Buckhead before the housing bubble equated to about 9 homes sold per year, so the 15 homes sold here in 2015 suggests that this neighborhood is fully recovered.

Average Home Values

There was a huge dip in home values in 2014, but 2015 told a completely different story. Last year, appreciation resumed with a passion.

Average Home Value

The average value of a Buckhead home last year was $144 per square foot. This year’s new home sale (the only closing thus far) was for $159 per square foot, but you can expect this to come back down when some of the resales are sold and closed.

Where is the Tallahassee market headed?

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Average Home Sizes

The average home size sold in Buckhead typically falls in a range of 2,500 to 3,500 square feet, and sales in 2015 landed right in the middle of this range.

Average Home Size

The 15 home sales in 2015 averaged 2,944 square feet, while the one home sale this year came in at the smaller end of the range at 2,612 square feet (newly constructed home).

Homes For Sale In Buckhead

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

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Buckhead Home Sales

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

Home Sales in Buckhead

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
4605 Forest Ridge Dr$675,000$2512026-08-2020132,689Resale
2760 W Hannon Hill Dr$550,000$1972026-07-1719962,786Resale
4551 Hedgewood Dr$685,000$2392026-05-2120032,863Resale
2883 N Hannon Hill Dr$724,900$2382026-05-1419993,051Resale
2891 N Hannon Hill Dr$527,800$1822026-04-3019962,896Resale
4780 Buckhead Ct$775,000$1552026-04-2920014,990Resale
4624 Forest Ridge Dr$658,000$2402025-11-0320062,740Resale
2757 W Hannon Hill Dr$575,000$1962025-10-1419942,936Resale
2820 W Hannon Hill Dr$649,900$2542025-09-0220122,554Resale
4571 Forest Ridge Dr$618,000$2372025-06-1820122,608Resale
2876 Hannon Hill Dr$620,000$2002025-06-0220143,100Resale
4527 Hedgewood Dr$620,000$2502025-04-2819982,482Resale
4507 Rangewood Dr$675,000$2262024-10-3019992,982Resale
2868 Hannon Hill Dr$935,000$2662024-08-2920083,514Resale
4621 Sparrowhawk Ct$700,000$2312024-08-2920063,036Resale
4507 Rangewood Dr$500,000$1722024-07-2519992,914Resale
2864 Hannon Hill Dr$985,000$3062024-06-2720133,224Resale
4629 Forest Ridge Dr$668,000$2412024-06-1420152,776Resale
2667 S Hannon Hill Dr$660,000$2472024-05-0319982,674Resale
2727 W Hannon Hill Dr$600,000$2192024-04-1219942,741Resale
4620 Oakshire Ct$650,000$2452024-04-0520232,656New
2835 W Hannon Hill Dr$670,000$2492023-12-0120172,692Resale
2802 W Hannon Hill Dr$770,000$2082023-10-1820073,700Resale
4623 Forest Ridge Dr$675,000$2282023-09-2820072,960Resale
2834 W Hannon Hill Dr$725,000$2422023-08-2820062,995Resale
2876 Hannon Hill Dr$606,300$1962023-08-0920143,100Resale
4537 Timberloch Dr$712,500$2502022-12-3020142,849Resale
4500 Rangewood Dr$600,000$1902022-11-1419993,156Resale
4551 Hedgewood Dr$649,900$2272022-09-1420032,863Resale
2831 W Hannon Hill Dr$830,000$2522022-08-1220193,295Resale
2868 Hannon Hill Dr$787,500$2242022-07-1820083,514Resale
2683 S Hannon Hill Dr$835,000$1962022-07-1219974,256Resale
4522 Timberloch Dr$828,000$2102022-04-1420023,935Resale
2690 S Hannon Hill Dr$555,000$2332022-03-2219962,386Resale
2728 W Hannon Hill Dr$549,000$2032022-03-1519992,700Resale
4503 Thaxton Ct$700,000$1952022-03-0119943,597Resale
2781 W Hannon Hill Dr$575,000$1892022-02-1119953,043Resale
2789 W Hannon Hill Dr$510,900$1852022-01-1419942,768Resale
4543 Hedgewood Dr$535,000$1742021-12-3020033,076Resale
4618 Forest Ridge Dr$724,900$1952021-12-0920063,721Resale
4519 Hedgewood Dr$520,000$1972021-11-3019992,644Resale
2864 Hannon Hill Dr$829,000$2572021-10-2920133,224Resale
4609 Oakshire Ct$700,000$2042021-09-2320113,433Resale
4635 Whitetail Pass$740,000$2592021-09-0320212,862New
2727 W Hannon Hill Dr$510,000$1862021-08-1319942,741Resale
2831 W Hannon Hill Dr$759,000$2302021-07-2920193,295Resale
4537 Timberloch Dr$650,000$2282021-07-1620142,849Resale
4604 Sparrowhawk Ct$575,000$1962021-06-1120092,932Resale
4608 Whitetail Pass$520,000$1972021-06-1020052,646Resale
2606 S Hannon Hill Dr$510,000$1932021-05-1919982,642Resale
4630 Forest Ridge Dr$630,000$2002021-04-1920073,153Resale
4614 Whitetail Pass$467,900$1572020-09-2520052,987Resale
4611 Oakshire Ct$510,000$1742020-09-0420062,931Resale
2852 Hannon Hill Dr$485,000$1792020-06-3020062,704Resale
2802 W Hannon Hill Dr$606,000$1642020-04-2820073,700Resale
2830 W Hannon Hill Dr$500,000$1782020-04-2220062,805Resale
2683 S Hannon Hill Dr$625,000$1472020-03-3119974,256Resale
2883 N Hannon Hill Dr$420,000$1382020-03-0519993,051Resale
2831 W Hannon Hill Dr$670,000$2032020-03-0220193,295New
2667 S Hannon Hill Dr$425,000$1592020-01-2819982,674Resale
4617 Forest Ridge Dr$508,000$1682019-11-1320073,024Resale
2830 W Hannon Hill Dr$491,500$1752019-10-2820062,805Resale
2675 S Hannon Hill Dr$499,000$1632019-10-1820013,068Resale
4500 Thaxton Ct$455,000$1542019-09-2520012,948Resale
4612 Forest Ridge Dr$494,000$1752019-06-0320132,829Resale
4611 Oakshire Ct$510,000$1742019-05-3120062,931Resale
4519 Timberloch Dr$438,000$1562018-10-1919992,800Resale
2773 W Hannon Hill Dr$465,000$1662018-10-0119952,803Resale
2876 Hannon Hill Dr$498,000$1612018-08-2420143,100Resale
4623 Forest Ridge Dr$500,000$1692018-07-2520072,960Resale
4506 Hedgewood Dr$635,000$1772018-07-2020103,589Resale
4507 Rangewood Dr$400,000$1342018-07-1819992,982Resale
2643 S Hannon Hill Dr$445,000$1532018-05-2520012,900Resale
2757 W Hannon Hill Dr$380,000$1292017-12-0119942,936Resale
2835 W Hannon Hill Dr$464,500$1732017-11-2920172,692New
2643 S Hannon Hill Dr$425,500$1472017-11-0920012,900Resale
4602 Oakshire Ct$435,000$1652017-08-2820122,638Resale
4605 Forest Ridge Dr$450,000$1672017-07-0320132,689Resale
4503 Thaxton Ct$479,000$1332017-06-3019943,597Resale
2876 Hannon Hill Dr$470,000$1522017-05-2620143,100Resale
2852 Hannon Hill Dr$429,900$1592017-05-2420062,704Resale
4620 Whitetail Pass$435,000$1702017-02-2420062,562Resale
4607 Oakshire Court$567,500$1902016-10-2820062,990Resale
2668 S Hannon Hill Dr$354,000$1252016-08-1519982,832Resale
4618 Forest Ridge Dr$594,000$1602016-08-1020063,721Resale
4622 Sparrowhawk Ct$430,700$1642016-07-2120162,619New
2849 Hannon Hill Dr$450,000$1642016-07-2120132,744Resale
2852 Muirwood Ct$360,000$1452016-05-0319982,483Resale
4508 Rangewood Dr$450,000$1542016-04-0420002,930Resale
2827 W Hannon Hill Dr$415,000$1592016-01-2820152,612New
4600 Forest Ridge Dr$462,500$1562015-12-1820062,969Resale
4626 Whitetail Pass$402,500$1492015-11-1320052,697Resale
4739 Buckhead Ct$405,000$1192015-10-0920023,393Resale
4559 Hedgewood Dr$350,000$1332015-09-2320002,627Resale
2610 S Hannon Hill Dr$421,500$1442015-08-1420012,925Resale
4630 Forest Ridge Dr$480,000$1522015-08-1420073,153Resale
2876 Hannon Hill Dr$415,000$1342015-07-1420143,100Resale
4549 Timberloch Dr$460,714$1592015-06-1520152,892New
2834 W Hannon Hill Dr$447,000$1492015-05-1420062,995Resale
2619 S Hannon Hill Dr$450,000$1282015-02-2620023,505Resale

I hope you enjoyed our March 2016 update on home sales in Buckhead, please feel free to drop me a note if you need a real estate broker or are considering selling your home.

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