Cameron Chase Housing Report March 2015

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Cameron Chase is a fifteen year old neighborhood with homes built from 2002 to 2005, situated north of I-10 and south of Killearn Estates.

As we have mentioned in previous reports on Cameron Chase, this neighborhood exploded into existence during the boom of the market just over ten years ago. This means that many of the current occupants will have lived there longer than the normal 7 to 10 year move cycle that we would normally expect, thus there is an above average likelihood that many of these homeowners will want to sell (at the same time).

Fortunately, 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 at the same time.

In this report, we will look at prices, values, and sizes of homes in Cameron Chase, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 2002.

Cameron Chase Home Prices

For the three real estate graphs found below, you will find the number of closed home sales for each year (blue columns, measured on the left vertical axis), and an important real estate statistic shown in red (measured on the right vertical axis. It is important to note that sales are through December for all previous years, but through February in 2015.

Average home prices rose slightly in 2014, but the two sales this year have averaged back down. The average recorded sales price thus far in 2015 is $214,750 (compared with $219,300 last year).

Cameron Chase Home Price

Home sales activity last year was consistent with what we have seen since the neighborhood switched from “new” to “used” in 2006, but none of these years is anywhere near the levels seen in 2003 and 2004. There were just 10 closed home sales in Cameron Chase in 2014.

Cameron Chase Home Values

Average home values in Cameron Chase have been on a slow and steady rise since 2010. This is likely attributable to the fact that there is always going to be a demand for newer homes in the Killearn Estates area, and Cameron Chase currently serves that demand well.

Cameron Chase Home Value

Through February, the average value of a home sold in Cameron Chase has been $123 per square foot. This is right about the same value as the first year of Cameron Chase home sales when new, but nearly as high as what buyers were paying at the end of the new home sales run. Expect a mix of homeowners who want to sell; some will be upside down on their mortgages.

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Cameron Chase Home Sizes

The average home size sold in Cameron Chase typically falls in a range of 1,700 to 2,000 square feet, and this year home sales are near the bottom of this range.

Cameron Chase Home Size

The 2 sales thus far in 2015 have averaged 1,746 square feet.

Just as we have warned with other “boom neighborhoods,” a mass exodus could be cause for value concerns. But based upon superior location and steady sales over the past ten years, I don’t think this is likely to occur in Cameron Chase.

Homes For Sale In Cameron Chase

The following 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.

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 March 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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