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