Canopy Home Sales Report December 2021

Canopy is a wildly popular new construction neighborhood located in Northeast Tallahassee at the intersection of Centerville Road, Fleischmann Road, and Miccosukee Road.

Offering brand new builder homes priced from the low $400Ks to well over $500K, Canopy is slowly delivering homes that Tallahassee buyers are craving.

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).

It is important to note that the narrative contained below is for sales through December for all previous years but the three weeks of December in 2021. 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 for sale in Canopy).

Canopy Home Prices

The average price of a home sold in Canopy in 2021 is 264K, a decline of nearly 8% due to the mandated sale of inclusionary housing. Expect to see the average explode higher and approach $500K towards the end of next year.

Activity in Canopy was slowed in 2021, but not due to a lack of demand for these homes. Now that Phase 5 is open, homes are selling like hotcakes. Currently, there are 17 homes for sale in Canopy and 13 of them are already under contract with buyers.

Canopy Home Values

The average cost (value) of homes in Canopy has risen nearly 8% over last year's value, but we expect to see an instant 12% growth from here now that Phase 5 units are selling. It will soon be rare to see a home sell in Canopy below $200 per square foot.

Canopy's inclusionary homes are nearly complete and phase 5 units will likely take the average value above $210 per square foot by mid-2022.

Canopy Home Sizes

The average size of homes sold in Canopy typically falls within a range of 1,600 square feet to 2,600 square feet, but this year the builder has only been producing the Portland model which is about 1,280 square feet.

The average size of the 40 homes sold in Canopy in 2021 has fallen to 1,440 square feet, but you'll see a reversal next year.

Canopy Home Sales

The following table shows all home sales in Canopy going back to 2017 when homes were first sold in this new community.

When moving to, in, or from Tallahassee, you will fare better if you work with a local expert. We are here to help. If you have further questions on the Tallahassee real estate market, you can leave a comment below, give us a call at (850) 366-8917, or drop us a note and we'll give you the local information needed to ensure a successful, smooth transaction.

As a local born and raised in Tallahassee with a focus on customer service, I promise you'll find great success when working with Joe Manausa Real Estate, just as have our past customers. You can read thousands of their reviews reported on Google, Facebook and Zillow right here: Real Estate Agent Reviews Tallahassee.

Have you heard about my new book "The Business of Getting Business?" It's a comprehensive guide for small businesses to help them make the move to digital. For those of us who want to survive and thrive in a world where large corporations are taking over, it is a must-read. It's also the perfect guide for how to sell a home in the digital age. You can find The Business Of Getting Business by clicking on any of the trusted retailers below.