Cameron Chase Housing Report June 2015

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Cameron Chase is a relatively new community, featuring homes built during the “boom” of the housing market from 2002 through 2005. As the southern boundary of Killearn Estates, this neighborhood was an instant success the day it opened for sales.

The only downside to exploding sales that all occur at roughly the same time, you end up with a first generation of homeowners who are all on similar move cycles. For the demographic found in Cameron Chase, we can expect the “normal” move cycle to be 7 to 10 years. This means that the majority of homeowners were wanting to move from 2010 to 2015 (during the bottom of the housing market). 

It is highly likely that this neighborhood suffers from pent-up supply, as many of its residents are still underwater with their loans. On a positive note though, Cameron Chase is in a high demand area and a high demand price range, so my concern for this “boom neighborhood” is less so than for several others created during the same time period.

In this report, we will look at average home price trends, value trends, and show the current listings in the Tallahassee MLS and all closed home sales going back to the first one in 2002.

For all of the real estate graphs found in this report, 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 fourth week of June in 2015. 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 in Cameron Chase).

Cameron Chase Home Prices

Average home prices have not really moved much since the bottom was reached in 2012, with the average up less than 2%. The average recorded home sales price through June in 2015 is $214,250.

Average Home Price

Home sales activity appears to be similar to last year, and this pace is but a fraction of the levels seen in 2003 and 2004. There were just 11 closed home sales in Cameron Chase in 2014, and 6 thus far through June in 2015.

Cameron Chase Home Values

Average home values in Cameron Chase are up less than 1% since 2011, the year values bottomed out. This means that values are similar to original values when purchased new in 2004 and down 22% since the peak in 2006. For those that refinanced or purchased since 2006, there is likely little or negative equity to allow for an easy sale.

Average Home Value

Through June, the average value of a home sold in Cameron Chase has been $117 per square foot.

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Cameron Chase Home Sizes

The average home size sold in Cameron Chase typically falls in a range of 1,800 to 1,900 square feet, and this year home sales are near the middle of this range.

Average Home Size

The 6 sales thus far in 2015 have averaged 1,820 square feet.

Just as we have warned with other “boom neighborhoods,” there would be too much seller competition if dozens of homeowners decided to move at the same time. Fortunately, as this article is written, there is only one home for sale in Cameron Chase. Additionally, with a highly sought location and proximity to Killearn Estates, I don’t think homeowners in Cameron Chase should be too concerned right now.

Homes For Sale In Cameron Chase

The following map and list of homes are the most recent listings in Cameron Chase. If no listings appear, it simply means that there are no current listings in Cameron Chase in the Tallahassee MLS. We update this list of homes every 15 minutes, so you can be assured that this page will always bring you the most up-to-date listings and sales that can be found for Cameron Chase (bookmark this page if this is a neighborhood that you want to track).

Cameron Chase

Cameron Chase

1 Property
3438 Cameron Chase Dr
Tallahassee, FL, 32309
Beds3Baths2MLS#402077

Cameron Chase Home Sales

The following list shows home sales going back to 2002 in Cameron Chase.

Home Sales in Cameron Chase

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
3307 Cameron Chase Dr$375,000$2162026-05-1420041,740Resale
3370 Aqua Ridge Way$387,500$2202026-05-0520051,762Resale
3314 Dry Creek Dr$422,000$1982026-04-1620022,131Resale
3462 Cameron Chase Dr$415,000$2072026-03-1720052,005Resale
3342 Cameron Chase Dr$386,700$2202026-01-2620041,759Resale
3370 Aqua Ridge Way$340,000$1932026-01-2620051,762Resale
3345 Aqua Ridge Way$410,000$1972025-06-1220042,076Resale
3426 Cameron Chase Dr$430,000$2162025-02-0520031,993Resale
3304 Aqua Ridge Way$445,000$1842024-11-2720052,419Resale
2807 Aqua Ridge Ct$420,000$2082024-10-2220042,019Resale
2896 Frogs Leap Way$399,900$2292024-08-1620021,746Resale
3307 Cameron Chase Dr$366,000$2102024-08-1220041,740Resale
2884 Frogs Leap Way$366,000$2122024-07-1220031,726Resale
3313 Dry Creek Dr$360,000$2152024-05-0620031,673Resale
3325 Dry Creek Dr$385,000$2072024-04-0520031,856Resale
3319 Dry Creek Dr$364,500$2062023-12-1820031,769Resale
3421 Cameron Chase Dr$390,000$1782023-09-2920032,186Resale
3373 Dry Creek Dr$370,000$2152023-08-2820031,720Resale
2830 Frogs Leap Way$360,000$2072023-07-2820041,740Resale
3332 Dry Creek Dr$355,000$2122023-06-1620031,671Resale
3383 Aqua Ridge Way$365,000$2172022-10-0720031,682Resale
3395 Aqua Ridge Way$362,000$2022022-09-2920051,791Resale
3366 Cameron Chase Dr$350,000$2062022-08-2620031,699Resale
3304 Aqua Ridge Way$420,000$1742022-07-2520052,419Resale
2860 Frogs Leap Way$367,000$1762022-06-0620032,088Resale
3360 Cameron Chase Dr$350,000$1772022-05-0420041,981Resale
3355 Cameron Chase Dr$412,000$1762022-04-2220052,336Resale
2800 Aqua Ridge Ct$415,000$2442022-04-2120041,704Resale
2866 Frogs Leap Way$350,000$1802022-03-3120031,940Resale
3319 Dry Creek Dr$325,000$1842022-02-2220031,769Resale
3334 Aqua Ridge Way$345,000$1962022-02-1520041,762Resale
3328 Aqua Ridge Way$296,500$1722021-12-3120041,726Resale
3384 Cameron Chase Dr$292,500$1772021-09-3020031,649Resale
3377 Aqua Ridge Way$348,000$1642021-09-1020052,123Resale
3364 Aqua Ridge Way$295,000$1692021-08-0320051,742Resale
3346 Aqua Ridge Way$290,000$1722021-07-1620041,682Resale
3343 Cameron Chase Dr$295,000$1522021-06-1520031,940Resale
3301 Aqua Ridge Way$356,000$2052021-05-2720041,740Resale
3345 Aqua Ridge Way$315,000$1522021-05-2420042,076Resale
3319 Cameron Chase Dr$275,000$1662021-05-1020051,654Resale
3344 Dry Creek Dr$335,000$1552021-05-0320022,158Resale
3391 Aqua Ridge Way$340,000$1562021-04-1620032,173Resale
3310 Aqua Ridge Way$300,000$1772021-03-1020041,693Resale
2819 Aqua Ridge Ct$282,000$1372021-03-0420042,065Resale
2890 Frogs Leap Way$274,500$1582020-08-3120031,738Resale
3409 Cameron Chase Dr$255,000$1502020-08-2820021,697Resale
3336 Cameron Chase Dr$220,000$1332020-07-3020041,651Resale
3402 Cameron Chase Dr$268,500$1542020-07-1520051,740Resale
3361 Dry Creek Dr$257,000$1512020-06-3020031,700Resale
3349 Cameron Chase Dr$269,000$1362020-04-2220031,974Resale
3356 Dry Creek Dr$267,000$1532020-03-0620021,742Resale
2842 Frogs Leap Way$292,500$1322020-01-3120042,210Resale
3450 Cameron Chase Dr$243,000$1442019-12-0420021,693Resale
3433 Cameron Chase Dr$278,000$1362019-12-0320032,040Resale
3354 Cameron Chase Dr$244,000$1472019-09-2720041,656Resale
2826 Frogs Leap Way$250,000$1432019-09-0920041,748Resale
3358 Aqua Ridge Way$276,000$1292019-06-2720052,141Resale
3373 Dry Creek Dr$270,000$1572019-06-1920031,720Resale
3387 Aqua Ridge Way$275,000$1502019-05-2420031,839Resale
3365 Dry Creek Dr$255,000$1502019-05-2420031,704Resale
3391 Aqua Ridge Way$292,000$1342019-05-0320032,173Resale
3300 Cameron Chase Dr$260,000$1522019-03-0820031,713Resale
3414 Cameron Chase Dr$267,000$1542018-10-0120021,730Resale
2806 Aqua Ridge Ct$270,000$1402018-09-1020041,924Resale
2830 Frogs Leap Way$250,000$1442018-07-3120041,740Resale
3377 Aqua Ridge Way$280,000$1322018-07-2520052,123Resale
3444 Cameron Chase Dr$250,000$1482018-07-1720021,690Resale
3355 Cameron Chase Dr$277,000$1192018-05-0420052,336Resale
3372 Cameron Chase Dr$255,000$1242018-02-2620042,063Resale
3309 Aqua Ridge Way$250,000$1442017-11-2220031,742Resale
3413 Aqua Ridge Way$280,000$1262017-09-2720042,223Resale
3409 Cameron Chase Dr$220,000$1302017-09-1420021,697Resale
3426 Cameron Chase Dr$255,000$1282017-09-0520031,993Resale
2842 Frogs Leap Way$270,000$1222017-08-3120042,210Resale
3350 Dry Creek Dr$245,000$1462017-08-2920031,682Resale
3365 Dry Creek Dr$215,000$1262017-07-1420031,704Resale
3331 Cameron Chase Dr$247,000$1142017-06-0620042,175Resale
3383 Aqua Ridge Way$230,000$1372017-04-0720031,682Resale
3384 Cameron Chase Dr$215,000$1302017-03-1020031,649Resale
3365 Aqua Ridge Way$230,000$1372017-03-0320031,682Resale
3377 Aqua Ridge Way$222,200$1052017-01-2720052,123Resale
3318 Cameron Chase Dr$249,000$1272016-10-1420041,960Resale
2872 Frogs Leap Way$249,900$1282016-08-0520031,956Resale
2866 Frogs Leap Way$242,500$1232016-08-0120031,964Resale
3300 Dry Creek Dr$235,000$1402016-07-0120021,682Resale
2848 Frogs Leap Way$250,000$1222016-06-1420042,056Resale
3346 Aqua Ridge Way$222,000$1322016-02-0620041,682Resale
3337 Cameron Chase Dr$218,000$1282015-12-0120041,708Resale
2860 Frogs Leap Way$225,000$1082015-11-3020032,088Resale
3353 Aqua Ridge Way$219,000$1272015-11-3020041,726Resale
3313 Dry Creek Dr$214,000$1282015-07-1320031,673Resale
3325 Cameron Chase Dr$206,000$1182015-06-2920041,740Resale
3426 Cameron Chase Dr$235,000$1182015-04-1020031,993Resale
3331 Dry Creek Dr$215,000$1102015-04-0920031,962Resale
3405 Aqua Ridge Way$210,000$1212015-01-0720031,730Resale
3334 Aqua Ridge Way$219,500$1252015-01-0720041,762Resale
3414 Cameron Chase Dr$234,000$1352014-09-2620021,730Resale
3304 Dry Creek Dr$222,000$1162014-08-2620031,922Resale
3337 Dry Creek Dr$202,000$1202014-07-2920031,677Resale
3330 Cameron Chase Dr$214,000$1272014-07-1820041,681Resale

I hope you enjoyed our June 2015 update on home sales in Cameron Chase, please feel free to drop me a note if you have questions not covered in this report.

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