Canopy Listings And Home Sales Report April 2018
Canopy is a brand new master planned community in Northeast Tallahassee, offering 3 and 4 bedroom new construction homes priced below $400K.
Located at the intersection of Fleischmann Road and Centerville Road, you can expect these well built homes to sell rapidly in our inventory-starved market.
MLS #: 285768
MLS #: 291366
MLS #: 285764
MLS #: 286013
About Canopy In Tallahassee
Canopy Schools
Canopy is zoned for the following Leon County public schools:
This Canopy neighborhood report includes charts and graphs that display average home prices, home values, and home sizes, as well as a list of the most recent closed home sales in Canopy.
For each of the three real estate graphs found in this Tallahassee housing 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).
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 Canopy).
Canopy Home Prices
As a brand new subdivision, Canopy has less than one year worth of home sales, though we are seeing about 3 homes selling each month.
Currently, the average sales price for a home in Canopy is about $320K.
Activity in Canopy is just getting started, and you can expect sales to be as fast as the builder can complete the homes. Demand for this price range far exceeds current supply levels.
Canopy Home Values
Homes this year have sold at and average of $176 per square foot, but expect these to rise as the builder develops sales momentum.
We typically advise homebuyers to be cautious of being "the first one in" on a new community, as often times things change when the developer's lofty ambitions are not met.
With Canopy, I do not think this will be a factor. The combination of too few build-able lots in NE Tallahassee combined with a low inventory of homes at these prices makes me believe this one will be for the record books. Values will rise as the waiting list of buyers grows.
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The average agent in Tallahassee sells 6 homes per year.
Joe and his team (led by military Veterans) are on track to sell 600 homes this year.
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Canopy Home Sizes
Currently, Canopy homes range in size from 1,600 square feet to 2,600 square feet, and we'll not likely see many homes fall outside of this range in the near term.
The average size of the 12 homes sold in Canopy this year has been 1,882 square feet.
Canopy Home Sales
The following table shows home sales in Canopy going back to 2017, when the first home was sold here.
Address Price Price/SQF Closing Date Year Built SQF Sale Type 2758 Sweet Ridge Street $359,609 $182 2018-04-19 2017 1,976 Yes 2831 Sweet Ridge Street $300,301 $182 2018-04-18 2018 1,650 Yes 2762 Sweet Ridge Street $379,339 $176 2018-04-13 2018 2,152 New 2835 Sweet Ridge Street $309,596 $188 2018-04-12 2018 1,650 New 2780 Julieanna Lane $309,803 $188 2018-04-10 2017 1,650 Yes 2770 Julieanna Ln $291,055 $176 2018-04-02 2018 1,650 New 2804 Panther Lane $299,919 $182 2018-04-02 2018 1,650 New 2820 Crestline Rd $341,224 $175 2018-03-28 2018 1,953 New 2820 Sweet Ridge Street $439,403 $170 2018-03-26 2018 2,589 New 2793 Sweet Ridge Street $290,323 $184 2018-03-26 2017 1,580 New 2794 Panther Lane $307,336 $186 2018-03-09 2017 1,650 New 2817 Sweet Ridge Street $281,750 $178 2018-03-09 2018 1,580 New 2722 Crestline Rd $372,777 $163 2018-03-06 2018 2,289 New 2796 Crestline Rd $318,797 $162 2018-02-20 2017 1,970 New 2773 Julieanna Lane $325,175 $174 2018-02-02 2017 1,864 New 2828 Sweet Ridge Street $314,266 $174 2017-12-05 2017 1,807 New 2753 Julieanna Lane $314,150 $190 2017-11-29 2017 1,650 New 2757 Julieanna Lane $302,923 $184 2017-11-27 2017 1,650 New 2785 Sweet Ridge Street $306,020 $182 2017-11-19 2017 1,680 New 2816 Sweet Ridge Street $384,302 $179 2017-10-30 2017 2,152 New 2832 Sweet Ridge Street $296,395 $180 2017-10-30 2017 1,650 New 2818 Sweet Ridge Street $349,029 $177 2017-10-16 2017 1,976 New 2826 Sweet Ridge Street $344,012 $174 2017-10-11 2017 1,976 New
This concludes our April 2018 update on home sales in Canopy, please give us a call at (850) 366-8917 or drop us a note if you have questions about this new neighborhood located in Northeast Tallahassee. If you want to know what people are saying about working with Joe Manausa Real Estate, you can see hundreds of real customer reviews reported on Google, Facebook and Zillow right here: http://www.manausa.com/testimonials.
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