If you read yesterday’s article about the 7 Hottest Neighborhoods In Tallahassee, then you know that Bull Run Home Buyers are very active right now.
In fact, they are buying homes fast enough to propel Bull Run into the most active position among all Tallahassee neighborhoods.
I identified an important trend among Bull Run home buyers last November, and we find that trend has strengthened in the first quarter of 2012. And what trend might that be (for those of you who missed the previous article)?
Bull Run Home Buyers Choosing New And Smaller
Our first real estate graph shows that Bull Run home buyers are buying smaller and smaller homes every year. As Bull Run is a younger neighborhood, most of the sales thus far have been new construction.
I believe this is a sign of builders have to go “smaller” to compete with falling home prices across Tallahassee. Of course, this begs the question, what’s going to happen when the normal cycle (5 to 7 years) of re-sales really starts to hit the market in Bull Run?
Bull Run Home Buyers Enjoy Lower Prices
If you are thinking about buying a home in Bull Run, you will be treated with the lowest prices ever seen there. Currently, the average price of a closed home sold in Bull Run is under $284,000.
Bull Run Home Buyers Flocking To Fallen Values
Home values have followed home prices, and Bull Run home buyers are liking what they are seeing.
This chart shows that values are falling, but values appear (at first glance) to be done just 20% since the peak of the market… how could this be true when the rest of Tallahassee is down over 30%?
Bull Run Home Buyers
Our final real estate graph shows what’s really happening in Bull Run.
Understanding Bull Run Home Buyers
It seems Bull Run home buyers are choosing so much new construction that it is hiding the fact that existing home values have declined significantly. Fortunately for Bull Run homeowners, the decline is better than the market (down 27%).
My concern for people who want to sell a home in Bull Run over the next few years is that the supply is going to exceed the norm for Tallahassee. I believe demand for this great Northeast Tallahassee neighborhood will be solid, but the supply side might get glutted when the 7 year itch kicks in.
If you are interested in finding out how your home stacks up and whether or not you should sell it this year, just drop me a note and we can schedule an informative meeting that will help you prepare your best housing plan.
Remember, Bull Run home buyers are choosing new right now, so the resale market will either have to wait until this cycle is over, or will have to offer significant value over what is being built.
Homes For Sale In Bull Run
The following map shows each of the homes for sale in Bull Run. Simply click on any marker and the full details of the home will be revealed.
Homes Sold In Bull Run
The following is a list of all Bull Run home sales in the Tallahassee MLS:Home Sales in Bull Run
| Address | Price | Price / SQF | Closing Date | Year Built | SQF | Sale Type |
|---|---|---|---|---|---|---|
| 2616 Manassas Way | $389,000 | $219 | 2026-08-21 | 2013 | 1,773 | Resale |
| 5625 Ringold Ln | $445,500 | $219 | 2026-07-20 | 2011 | 2,030 | Resale |
| 5705 Groveton Ct | $635,000 | $249 | 2026-07-15 | 2016 | 2,555 | Resale |
| 5637 Ringold Ln | $425,000 | $232 | 2026-06-23 | 2012 | 1,828 | Resale |
| 2617 Antietam Trl | $640,000 | $262 | 2026-06-18 | 2013 | 2,439 | Resale |
| 2530 Manassas Way | $365,000 | $215 | 2026-06-16 | 2010 | 1,701 | Resale |
| 2575 Ulysses Rd | $580,000 | $221 | 2026-06-02 | 2007 | 2,627 | Resale |
| 5716 Sumter Hill Ln | $565,000 | $238 | 2026-05-27 | 2015 | 2,375 | Resale |
| 2581 Ulysses Rd | $525,000 | $248 | 2026-05-27 | 2012 | 2,114 | Resale |
| 2676 Breton Ridge Dr | $610,000 | $251 | 2026-05-13 | 2018 | 2,431 | Resale |
| 2605 Antietam Trl | $685,000 | $204 | 2026-05-01 | 2006 | 3,350 | Resale |
| 5620 Tecumseh Dr | $440,000 | $194 | 2026-04-30 | 2006 | 2,270 | Resale |
| 2545 Carthage Ln | $575,000 | $225 | 2026-04-27 | 2009 | 2,553 | Resale |
| 5867 Dahlgren Trl | $532,000 | $243 | 2026-04-17 | 2014 | 2,188 | Resale |
| 2664 Breton Ridge Dr | $558,000 | $248 | 2026-04-07 | 2012 | 2,248 | Resale |
| 2503 Ulysses Rd | $749,000 | $288 | 2026-03-31 | 2025 | 2,602 | New |
| 2603 Opequon Bnd | $502,500 | $241 | 2026-01-09 | 2009 | 2,087 | Resale |
| 2596 Manassas Way | $443,000 | $237 | 2025-12-12 | 2013 | 1,873 | Resale |
| 2541 Lagrange Trl | $486,000 | $210 | 2025-11-06 | 2008 | 2,318 | Resale |
| 5731 Farnsworth Dr | $845,000 | $270 | 2025-10-27 | 2016 | 3,135 | Resale |
| 2642 Opequon Bnd | $515,000 | $249 | 2025-10-23 | 2013 | 2,067 | Resale |
| 2621 Farragut Way | $557,000 | $246 | 2025-10-14 | 2014 | 2,260 | Resale |
| 5672 Burnside Cir | $500,000 | $210 | 2025-10-09 | 2006 | 2,381 | Resale |
| 2510 Manassas Way | $465,000 | $244 | 2025-09-10 | 2009 | 1,904 | Resale |
| 2601 Ulysses Rd | $425,000 | $204 | 2025-09-02 | 2006 | 2,088 | Resale |
| 2542 Manassas Way | $450,000 | $238 | 2025-08-27 | 2009 | 1,891 | Resale |
| 2617 Manassas Way | $465,000 | $224 | 2025-08-26 | 2011 | 2,072 | Resale |
| 2501 Ulysses Rd | $819,900 | $288 | 2025-08-08 | 2025 | 2,842 | New |
| 2688 Breton Ridge Dr | $645,000 | $246 | 2025-07-02 | 2006 | 2,626 | Resale |
| 2624 Manassas Way | $478,000 | $225 | 2025-06-20 | 2013 | 2,121 | Resale |
| 2547 Bennits Mill Way | $535,000 | $225 | 2025-06-13 | 2009 | 2,376 | Resale |
| 2580 Ulysses Rd | $500,000 | $232 | 2025-06-04 | 2011 | 2,155 | Resale |
| 2645 Antietam Trl | $660,000 | $217 | 2025-05-29 | 2014 | 3,048 | Resale |
| 5801 Dahlgren Trl | $563,000 | $255 | 2025-03-31 | 2014 | 2,212 | Resale |
| 2565 Manassas Way | $435,000 | $235 | 2025-03-24 | 2008 | 1,848 | Resale |
| 5750 Farnsworth Dr | $709,900 | $269 | 2025-03-13 | 2014 | 2,637 | Resale |
| 5659 Tecumseh Dr | $460,000 | $203 | 2025-02-14 | 2006 | 2,270 | Resale |
| 5624 Tecumseh Dr | $500,000 | $211 | 2025-02-06 | 2006 | 2,373 | Resale |
| 2586 Ulysses Rd | $437,000 | $239 | 2025-02-05 | 2011 | 1,828 | Resale |
| 2548 Halleck Ln | $442,500 | $234 | 2024-12-18 | 2008 | 1,888 | Resale |
| 2607 Opequon Bnd | $460,000 | $244 | 2024-11-22 | 2012 | 1,882 | Resale |
| 2513 Ulysses Rd | $505,000 | $215 | 2024-11-15 | 2008 | 2,345 | Resale |
| 2594 Halleck Ln | $445,000 | $250 | 2024-11-12 | 2010 | 1,782 | Resale |
| 5663 Tecumseh Dr | $441,500 | $225 | 2024-09-12 | 2006 | 1,963 | Resale |
| 5718 Roanoke Trl | $515,000 | $219 | 2024-08-19 | 2005 | 2,348 | Resale |
| 2542 Bennits Mill Way | $520,000 | $243 | 2024-08-09 | 2011 | 2,138 | Resale |
| 5700 Sumter Hill Ln | $520,000 | $222 | 2024-08-08 | 2018 | 2,346 | Resale |
| 2607 Opequon Bnd | $450,000 | $239 | 2024-07-31 | 2012 | 1,882 | Resale |
| 2598 Farragut Way | $442,000 | $240 | 2024-07-16 | 2012 | 1,840 | Resale |
| 2622 Farragut Way | $450,000 | $239 | 2024-06-17 | 2013 | 1,882 | Resale |
| 2533 Lagrange Trl | $495,000 | $239 | 2024-05-10 | 2010 | 2,074 | Resale |
| 5809 Dahlgren Trl | $619,000 | $224 | 2024-05-02 | 2016 | 2,769 | Resale |
| 5640 Tecumseh Dr | $440,000 | $225 | 2024-04-30 | 2006 | 1,959 | Resale |
| 2605 Farragut Way | $430,000 | $253 | 2024-04-19 | 2011 | 1,701 | Resale |
| 2508 Carthage Ln | $508,400 | $229 | 2024-04-12 | 2013 | 2,218 | Resale |
| 2593 Ulysses Rd | $435,000 | $229 | 2024-04-04 | 2006 | 1,899 | Resale |
| 2626 Opequon Bnd | $505,000 | $246 | 2024-03-14 | 2013 | 2,055 | Resale |
| 2569 Ulysses Rd | $490,000 | $233 | 2024-02-26 | 2012 | 2,105 | Resale |
| 2526 Bennits Mill Way | $510,000 | $220 | 2024-01-22 | 2009 | 2,322 | Resale |
| 2515 Dahlgren Ct | $436,500 | $237 | 2023-12-29 | 2014 | 1,842 | Resale |
| 2549 Ulysses Rd | $441,000 | $235 | 2023-12-20 | 2013 | 1,874 | Resale |
| 2583 Ulysses Rd | $488,000 | $235 | 2023-11-06 | 2010 | 2,074 | Resale |
| 2567 Carthage Ln | $539,500 | $243 | 2023-11-03 | 2012 | 2,216 | Resale |
| 5655 Tecumseh Dr | $476,500 | $206 | 2023-10-31 | 2006 | 2,316 | Resale |
| 2575 Manassas Way | $486,000 | $230 | 2023-08-23 | 2008 | 2,117 | Resale |
| 5624 Tecumseh Dr | $465,000 | $196 | 2023-08-17 | 2006 | 2,373 | Resale |
| 2583 Halleck Ln | $453,000 | $225 | 2023-07-27 | 2012 | 2,017 | Resale |
| 2504 Ulysses Rd | $470,000 | $224 | 2023-06-30 | 2010 | 2,094 | Resale |
| 5774 Farnsworth Dr | $662,500 | $243 | 2023-06-23 | 2017 | 2,725 | Resale |
| 2612 Antietam Trl | $597,300 | $218 | 2023-05-30 | 2005 | 2,737 | Resale |
| 2688 Breton Ridge Dr | $610,000 | $232 | 2023-04-11 | 2006 | 2,626 | Resale |
| 5705 Groveton Ct | $597,000 | $234 | 2023-04-03 | 2016 | 2,555 | Resale |
| 2612 Manassas Way | $475,000 | $224 | 2023-03-31 | 2013 | 2,121 | Resale |
| 2594 Farragut Way | $460,000 | $228 | 2023-03-31 | 2012 | 2,017 | Resale |
| 5664 Burnside Cir | $489,900 | $232 | 2023-03-27 | 2007 | 2,113 | Resale |
| 5868 Dahlgren Trl | $500,000 | $218 | 2023-01-26 | 2015 | 2,289 | Resale |
| 2546 Manassas Way | $425,000 | $232 | 2023-01-10 | 2009 | 1,831 | Resale |
| 2574 Halleck Ln | $463,800 | $230 | 2022-11-28 | 2010 | 2,016 | Resale |
| 5833 Dahlgren Trail | $450,000 | $240 | 2022-11-28 | 2016 | 1,878 | Resale |
| 2500 Ulysses Rd | $560,000 | $215 | 2022-11-15 | 2015 | 2,605 | Resale |
| 5708 Sumter Hill Ln | $365,000 | $194 | 2022-10-28 | 2012 | 1,882 | Resale |
| 2533 Lagrange Trl | $460,000 | $222 | 2022-10-06 | 2010 | 2,074 | Resale |
| 2505 Spotsylvania Ct | $440,000 | $235 | 2022-10-03 | 2016 | 1,871 | Resale |
| 5654 Burnside Cir | $460,000 | $200 | 2022-09-21 | 2006 | 2,301 | Resale |
| 5659 Tecumseh Dr | $425,000 | $187 | 2022-08-31 | 2006 | 2,270 | Resale |
| 5655 Tecumseh Dr | $445,000 | $192 | 2022-08-08 | 2006 | 2,316 | Resale |
| 5721 Roanoke Trl | $639,900 | $252 | 2022-07-29 | 2006 | 2,535 | Resale |
| 2547 Bennits Mill Way | $495,500 | $209 | 2022-07-08 | 2009 | 2,376 | Resale |
| 2543 Halleck Ln | $447,000 | $246 | 2022-06-23 | 2008 | 1,814 | Resale |
| 5653 Burnside Cir | $515,000 | $244 | 2022-06-08 | 2006 | 2,113 | Resale |
| 2527 Dahlgren Ct | $615,000 | $226 | 2022-05-31 | 2015 | 2,720 | Resale |
| 5726 Roanoke Trl | $632,900 | $227 | 2022-05-26 | 2005 | 2,784 | Resale |
| 2586 Halleck Ln | $386,000 | $229 | 2022-05-10 | 2009 | 1,685 | Resale |
| 5686 Burnside Cir | $475,000 | $207 | 2022-04-29 | 2007 | 2,293 | Resale |
| 5641 Ringold Ln | $456,000 | $220 | 2022-04-27 | 2011 | 2,074 | Resale |
| 2545 Ulysses Rd | $445,500 | $232 | 2022-04-18 | 2013 | 1,923 | Resale |
| 2624 Manassas Way | $450,000 | $212 | 2022-04-15 | 2013 | 2,121 | Resale |
| 5698 Burnside Cir | $434,900 | $211 | 2022-03-21 | 2007 | 2,058 | Resale |
| 2628 Manassas Way | $449,500 | $239 | 2022-03-18 | 2013 | 1,882 | Resale |
| 2619 Opequon Bnd | $442,500 | $240 | 2022-03-16 | 2012 | 1,840 | Resale |
I hope you have gained valuable information regarding home sales in Bull Run, please don’t hesitate to drop me a note if you want to more information about selling a home or buying a home in Tallahassee.
