Bull Run Home Sales At Record Pace

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Bull Run home sales are going strong, and if the year to date pace of home sales continue, it will be the best year ever recorded in the Tallahassee MLS.

Currently, if you want to buy a Bull Run home, there are 23 available for sale right now in the MLS. Of course, they are still building more, but as this report will show, builders are going to be seeing a tougher time building a Bull Run home for profit.

Bull Run Home Prices

The average price of a Bull Run home sold in 2012 has been $284K, down 30% from the $407K average recorded in 2005.

Bull Run Home Prices

Bull Run Home Values

Bull Run home values have (appeared) to only decline 21% since the peak of the housing market. The real estate graph below plots the average price per square foot of homes sold in Bull Run, and a cursory examination would lead us to believe that Bull Run homes are holding their value better than the rest of the Tallahassee real estate market.

Bull Run Home Values

Segmented Bull Run Home Sales Tell The Tale

But when we segment the market between new home sales and existing home sales, then we find that Bull Run home values are falling around the same pace as everybody else. And with this being such a popular NE Tallahassee neighborhood, you would have hoped to see it perform a little stronger.

Bull Run Home Sales

The red line in the graph above records the average value of new homes sold in Bull Run, while the blue line shows resale values. Existing home sales have dropped from $175 per square foot in 2007 to a current level of just $125 per square foot.

Now that we are seeing the pricing pressure on new home values (red line), I expect new construction activity for Bull Run Home Builders to decline.

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

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
2616 Manassas Way$389,000$2192026-08-2120131,773Resale
5625 Ringold Ln$445,500$2192026-07-2020112,030Resale
5705 Groveton Ct$635,000$2492026-07-1520162,555Resale
5637 Ringold Ln$425,000$2322026-06-2320121,828Resale
2617 Antietam Trl$640,000$2622026-06-1820132,439Resale
2530 Manassas Way$365,000$2152026-06-1620101,701Resale
2575 Ulysses Rd$580,000$2212026-06-0220072,627Resale
5716 Sumter Hill Ln$565,000$2382026-05-2720152,375Resale
2581 Ulysses Rd$525,000$2482026-05-2720122,114Resale
2676 Breton Ridge Dr$610,000$2512026-05-1320182,431Resale
2605 Antietam Trl$685,000$2042026-05-0120063,350Resale
5620 Tecumseh Dr$440,000$1942026-04-3020062,270Resale
2545 Carthage Ln$575,000$2252026-04-2720092,553Resale
5867 Dahlgren Trl$532,000$2432026-04-1720142,188Resale
2664 Breton Ridge Dr$558,000$2482026-04-0720122,248Resale
2503 Ulysses Rd$749,000$2882026-03-3120252,602New
2603 Opequon Bnd$502,500$2412026-01-0920092,087Resale
2596 Manassas Way$443,000$2372025-12-1220131,873Resale
2541 Lagrange Trl$486,000$2102025-11-0620082,318Resale
5731 Farnsworth Dr$845,000$2702025-10-2720163,135Resale
2642 Opequon Bnd$515,000$2492025-10-2320132,067Resale
2621 Farragut Way$557,000$2462025-10-1420142,260Resale
5672 Burnside Cir$500,000$2102025-10-0920062,381Resale
2510 Manassas Way$465,000$2442025-09-1020091,904Resale
2601 Ulysses Rd$425,000$2042025-09-0220062,088Resale
2542 Manassas Way$450,000$2382025-08-2720091,891Resale
2617 Manassas Way$465,000$2242025-08-2620112,072Resale
2501 Ulysses Rd$819,900$2882025-08-0820252,842New
2688 Breton Ridge Dr$645,000$2462025-07-0220062,626Resale
2624 Manassas Way$478,000$2252025-06-2020132,121Resale
2547 Bennits Mill Way$535,000$2252025-06-1320092,376Resale
2580 Ulysses Rd$500,000$2322025-06-0420112,155Resale
2645 Antietam Trl$660,000$2172025-05-2920143,048Resale
5801 Dahlgren Trl$563,000$2552025-03-3120142,212Resale
2565 Manassas Way$435,000$2352025-03-2420081,848Resale
5750 Farnsworth Dr$709,900$2692025-03-1320142,637Resale
5659 Tecumseh Dr$460,000$2032025-02-1420062,270Resale
5624 Tecumseh Dr$500,000$2112025-02-0620062,373Resale
2586 Ulysses Rd$437,000$2392025-02-0520111,828Resale
2548 Halleck Ln$442,500$2342024-12-1820081,888Resale
2607 Opequon Bnd$460,000$2442024-11-2220121,882Resale
2513 Ulysses Rd$505,000$2152024-11-1520082,345Resale
2594 Halleck Ln$445,000$2502024-11-1220101,782Resale
5663 Tecumseh Dr$441,500$2252024-09-1220061,963Resale
5718 Roanoke Trl$515,000$2192024-08-1920052,348Resale
2542 Bennits Mill Way$520,000$2432024-08-0920112,138Resale
5700 Sumter Hill Ln$520,000$2222024-08-0820182,346Resale
2607 Opequon Bnd$450,000$2392024-07-3120121,882Resale
2598 Farragut Way$442,000$2402024-07-1620121,840Resale
2622 Farragut Way$450,000$2392024-06-1720131,882Resale
2533 Lagrange Trl$495,000$2392024-05-1020102,074Resale
5809 Dahlgren Trl$619,000$2242024-05-0220162,769Resale
5640 Tecumseh Dr$440,000$2252024-04-3020061,959Resale
2605 Farragut Way$430,000$2532024-04-1920111,701Resale
2508 Carthage Ln$508,400$2292024-04-1220132,218Resale
2593 Ulysses Rd$435,000$2292024-04-0420061,899Resale
2626 Opequon Bnd$505,000$2462024-03-1420132,055Resale
2569 Ulysses Rd$490,000$2332024-02-2620122,105Resale
2526 Bennits Mill Way$510,000$2202024-01-2220092,322Resale
2515 Dahlgren Ct$436,500$2372023-12-2920141,842Resale
2549 Ulysses Rd$441,000$2352023-12-2020131,874Resale
2583 Ulysses Rd$488,000$2352023-11-0620102,074Resale
2567 Carthage Ln$539,500$2432023-11-0320122,216Resale
5655 Tecumseh Dr$476,500$2062023-10-3120062,316Resale
2575 Manassas Way$486,000$2302023-08-2320082,117Resale
5624 Tecumseh Dr$465,000$1962023-08-1720062,373Resale
2583 Halleck Ln$453,000$2252023-07-2720122,017Resale
2504 Ulysses Rd$470,000$2242023-06-3020102,094Resale
5774 Farnsworth Dr$662,500$2432023-06-2320172,725Resale
2612 Antietam Trl$597,300$2182023-05-3020052,737Resale
2688 Breton Ridge Dr$610,000$2322023-04-1120062,626Resale
5705 Groveton Ct$597,000$2342023-04-0320162,555Resale
2612 Manassas Way$475,000$2242023-03-3120132,121Resale
2594 Farragut Way$460,000$2282023-03-3120122,017Resale
5664 Burnside Cir$489,900$2322023-03-2720072,113Resale
5868 Dahlgren Trl$500,000$2182023-01-2620152,289Resale
2546 Manassas Way$425,000$2322023-01-1020091,831Resale
2574 Halleck Ln$463,800$2302022-11-2820102,016Resale
5833 Dahlgren Trail$450,000$2402022-11-2820161,878Resale
2500 Ulysses Rd$560,000$2152022-11-1520152,605Resale
5708 Sumter Hill Ln$365,000$1942022-10-2820121,882Resale
2533 Lagrange Trl$460,000$2222022-10-0620102,074Resale
2505 Spotsylvania Ct$440,000$2352022-10-0320161,871Resale
5654 Burnside Cir$460,000$2002022-09-2120062,301Resale
5659 Tecumseh Dr$425,000$1872022-08-3120062,270Resale
5655 Tecumseh Dr$445,000$1922022-08-0820062,316Resale
5721 Roanoke Trl$639,900$2522022-07-2920062,535Resale
2547 Bennits Mill Way$495,500$2092022-07-0820092,376Resale
2543 Halleck Ln$447,000$2462022-06-2320081,814Resale
5653 Burnside Cir$515,000$2442022-06-0820062,113Resale
2527 Dahlgren Ct$615,000$2262022-05-3120152,720Resale
5726 Roanoke Trl$632,900$2272022-05-2620052,784Resale
2586 Halleck Ln$386,000$2292022-05-1020091,685Resale
5686 Burnside Cir$475,000$2072022-04-2920072,293Resale
5641 Ringold Ln$456,000$2202022-04-2720112,074Resale
2545 Ulysses Rd$445,500$2322022-04-1820131,923Resale
2624 Manassas Way$450,000$2122022-04-1520132,121Resale
5698 Burnside Cir$434,900$2112022-03-2120072,058Resale
2628 Manassas Way$449,500$2392022-03-1820131,882Resale
2619 Opequon Bnd$442,500$2402022-03-1620121,840Resale

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.

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