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Now's The Time To Buy A Home In Golden Eagle Plantation

Golden Eagle PlantationWe have been producing home sales reports for Golden Eagle Plantation in Tallahassee for many years, and the opportunities for home buyers have never been better.

Now, before you dismiss this as a typical real estate cheer leading "buy my listing" article, you may want to examine the compiled evidence below.

With more than 40 homes currently listed for sale in Golden Eagle Plantation, and less than 3 selling each month, the pressure is on home sellers to lower their prices to meet the demands of the few and picky home buyers.

And they are.

Home sellers who have tried and failed at higher prices are finally starting to lower their prices in Golden Eagle Plantation.

After having out-performed the market for years with relative value retention, it appears as if Golden Eagle Plantation home owners are "catching up" to the rest of the market when it comes to overall depreciation.

Home Prices Down 28% In Golden Eagle Plantation

The average sales price of a home sold in Golden Eagle Plantation thus far in 2012 is $406,000, down considerably from the $467,000 average from 2011. In fact, the average home price in Golden Eagle Plantation is now down 28% since the peak of the market, when the average home price was $565,000 (2007).

Golden Eagle Plantation Home Prices

This first real estate graph shows that average prices are now below the 2003 average, and we can only assume that this is bolstered by favorable interest rates, which make buying a larger home easier for most buyers. Imagine what will happen when interest rates start to rise?

Home Values Down 30% In Golden Eagle Plantation

More important than average home price movement, the graph below shows home value changes in Golden Eagle Plantation. My first measurements of values begins in 2003, and you can see that current values have dropped far below where they were 9 years ago.

Golden Eagle Plantation Home Values

With robo-signing a thing of the past, foreclosures and short sales are going to be increasing in number all through the Tallahassee real estate market, and Golden Eagle Plantation will have its fair share. People who are thinking about selling a home in Golden Eagle Plantation should act fast, or be prepared to receive less money should they sell over the next few years.

As far as being a buyer today, you have the proverbial "pick of the litter."

The only reason you might consider hurrying is mortgage interest rates. You should be more worried about the effect of rising interest rates than the potential for falling values, as we have shown in past articles, the former will have less impact than will the latter.

Take a look at this great buy in Golden Eagle Plantation for less than $400K, or this incredible Golden Eagle golf course home for $300K.

Recent Home Sales In Golden Eagle Plantation

Address Sales Price Price/SQF Closing Date Year Built SQF Type
8869 Blackheath Way $280,000 $106 3/9/2012 1995 2,630 Distressed
9233 Shoal Creek Dr $325,000 $124 3/8/2012 2007 2,628 Distressed
9010 Winged Foot Drive $287,000 $84 2/7/2012 1993 3,417 Arms Length
3014 Golden Eagle Dr East $640,000 $154 2/6/2012 1999 4,152 Arms Length
2124 Doral Dr $370,000 $133 1/31/2012 1997 2,776 Arms Length
3242 Pablo Creek Way $400,000 $143 1/13/2012 2005 2,795 Distressed
2132 Amanda Mae Court $538,000 $111 1/6/2012 1999 4,847 Arms Length
8881 Winged Foot Dr $414,000 $136 12/29/2011 2001 3,049 Arms Length
1643 Eagles Watch Way $187,000 $92 12/13/2011 2003 2,026 Distressed
2903 Royal Isle Drive $750,000 $135 10/14/2011 2005 5,549 Distressed
8969 Winged Foot Drive $400,000 $134 10/13/2011 1993 2,986 Arms Length
2220 Genevieve Court $750,000 $198 9/28/2011 2005 3,786 Arms Length
9252 Shoal Creek $450,000 $145 9/28/2011 2004 3,100 Arms Length
2147 W Golden Eagle Drive $1,200,000 $159 9/12/2011 2002 7,560 Arms Length
8362 Inverness Drive $345,000 $123 8/31/2011 1999 2,800 Arms Length
2307 Gates Drive $380,000 $121 8/19/2011 1999 3,142 Arms Length
2887 Royal Isle $378,000 $144 8/9/2011 2011 2,623 Arms Length
8198 Glenmore Drive $440,000 $129 7/27/2011 1999 3,422 Arms Length
9054 Shoal Creek Drive $750,000 $165 7/15/2011 2000 4,553 Arms Length
3070 St Andrews Way $385,000 $129 7/6/2011 2005 2,978 Arms Length
8889 Glen Abby Dr $565,000 $174 7/5/2011 1997 3,238 Arms Length
9031 Winged Foot Dr $450,000 $124 6/30/2011 2000 3,626 Distressed
9059 Eagles Ridge Dr $355,000 $131 6/30/2011 2003 2,720 Arms Length
2299 Cobb Drive $400,000 $126 6/15/2011 2000 3,180 Arms Length
Lot 5 Shoal Creek $431,532 $154 6/15/2011 2011 2,801 Arms Length
9203 Shoal Creek Dr $515,000 $140 5/27/2011 2004 3,676 Arms Length
2024 Herb Court $359,000 $108 5/23/2011 1999 3,325 Arms Length
2945 Golden Eagle Drive East $415,000 $127 4/29/2011 1991 3,267 Arms Length
8986 Winged Foot Drive $647,500 $134 4/29/2011 1988 4,850 Arms Length
2558 Bishops Green Trail $441,500 $142 4/27/2011 1998 3,114 Arms Length
9149 Shoal Creek Drive $354,900 $121 4/15/2011 1996 2,932 Arms Length
2961 Golden Eagle Dr E $450,000 $102 4/8/2011 1987 4,411 Arms Length
9006 Shoal Creek Drive $383,000 $105 4/8/2011 1997 3,651 Arms Length
9635 Deer Valley Dr $545,000 $143 3/31/2011 2005 3,805 Arms Length
2262 Cobb Drive $450,000 $130 3/24/2011 2006 3,471 Arms Length
1646 Eagles Watch Way $200,000 $101 3/22/2011 2001 1,971 Arms Length
8155 Glenmore Drive $560,000 $153 3/18/2011 1997 3,664 Arms Length
2869 Royal Isle Drive $345,000 $114 3/2/2011 2003 3,036 Arms Length
9221 Shoal Creek Drive $411,000 $127 2/8/2011 2005 3,249 Distressed
8997 Bob O Link Court $375,000 $107 1/28/2011 1990 3,492 Arms Length
2286 Cobb Drive $386,000 $122 1/27/2011 2002 3,156 Distressed
2606 Wharton Cir $395,000 $138 12/16/2010 2001 2,860 Arms Length
9692 Prestancia Way $370,000 $135 12/3/2010 2006 2,738 Distressed
2722 Waterford Glen Court $430,000 $114 11/30/2010 1996 3,780 Distressed
2684 Wharton Circle $419,300 $140 11/15/2010 1998 2,995 Arms Length
9015 Winged Foot Dr $745,000 $188 11/1/2010 2002 3,955 Arms Length
8893 Saltcoates Court $329,000 $141 10/4/2010 1994 2,338 Arms Length
2987 St Stevens Drive $327,000 $125 9/16/2010 1994 2,615 Arms Length
8881 Blackheath Way $340,000 $145 9/13/2010 1997 2,338 Arms Length
9688 Deer Valley Drive $575,000 $167 9/9/2010 2003 3,443 Arms Length
2320 Gates Drive $382,000 $133 8/16/2010 1999 2,866 Arms Length
8823 Winged Foot Drive $354,000 $140 8/11/2010 1997 2,531 Arms Length
2702 Wharton Circle $340,000 $120 7/16/2010 1999 2,844 Arms Length
3027 Golden Eagle Drive East $760,000 $178 7/1/2010 2005 4,261 Distressed
3233 Pinebrook Ct $670,000 $158 7/1/2010 2006 4,245 Arms Length
9030 Shoal Creek Dr $625,000 $157 6/15/2010 1996 3,983 Arms Length
8533 Heathcliff Court $335,000 $135 5/14/2010 1999 2,485 Arms Length
8499 Congressional Dr $720,000 $127 5/14/2010 1991 5,662 Arms Length
9640 Deer Valley $750,000 $189 5/3/2010 2007 3,977 Arms Length
2274 Cobb Drive $423,000 $129 4/30/2010 2003 3,275 Distressed
2845 Royal Isle Drive $369,000 $138 4/22/2010 1998 2,675 Arms Length
2558 Bishops Green Trail $435,000 $140 4/12/2010 1998 3,114 Arms Length
9694 Dancing Rabbit Way $345,000 $120 3/18/2010 2004 2,868 Distressed
9227 Shoal Creek Drive $390,000 $128 3/12/2010 2006 3,039 Arms Length
2968 Medinah Ct. $390,000 $138 2/25/2010 2001 2,826 Arms Length
3059 St Andrews $435,000 $139 2/17/2010 2005 3,132 Arms Length
9211 Hampton Glen Ct $458,000 $154 1/6/2010 2000 2,982 Arms Length
9722 Prestancia Way $520,000 $143 12/30/2009 2005 3,641 Arms Length
9060 Shoal Creek Drive $540,000 $146 12/21/2009 2001 3,700 Arms Length
2896 Royal Isle Dr $485,000 $138 12/7/2009 2003 3,512 Arms Length
9090 Shoal Creek Drive $535,000 $139 12/4/2009 2006 3,850 Distressed
2701 Waterford Glen Court $595,000 $157 11/2/2009 1999 3,797 Arms Length
2625 Wharton Circle $450,000 $143 10/29/2009 1999 3,150 Arms Length
2163 Golden Eagle Dr W Main House $4,225,000 $329 10/20/2009 2009 ##### Arms Length
3076 St Andrews Way $395,000 $141 9/4/2009 2005 2,808 Arms Length
8866 Blackheath Way $300,000 $115 8/24/2009 1999 2,608 Arms Length
3018 Golden Eagle Dr E $495,000 $138 8/21/2009 1987 3,584 Arms Length
9710 Prestancia Way $470,000 $145 8/21/2009 2005 3,232 Arms Length
2306 Gates Dr $465,000 $139 8/13/2009 1999 3,349 Arms Length
2624 Wharton Circle $495,000 $140 7/9/2009 2000 3,530 Arms Length
9686 Prestancia $430,000 $129 7/2/2009 2004 3,338 Arms Length
2031 Herb Ct $475,000 $136 6/12/2009 1998 3,504 Distressed
9085 Shoal Creek Drive $420,000 $140 5/26/2009 1999 3,004 Arms Length
2287 Cobb Drive $400,000 $140 3/20/2009 2001 2,865 Arms Length
9688 Dancing Rabbit $517,500 $149 3/4/2009 2004 3,465 Arms Length
9015 Winged Foot Drive $782,500 $195 2/26/2009 2002 4,021 Arms Length
2893 Royal Isle Drive $545,000 $128 2/17/2009 2005 4,256 Arms Length
2709 Wharton Circle $330,000 $123 2/6/2009 1999 2,681 Arms Length

Please check back with us in the future for more Tallahassee neighborhood home sales reports, including the popular Golden Eagle Plantation.

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