Chemonie Crossing Home Sales Report March 2016

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If you favor having more than just a small subdivided lot underneath your house then you might want to take a long look at Chemonie Crossing in NE Tallahassee.

There you will find larger homes on several acres.

Chemonie Crossing has easy access to town and it typically takes roughly twenty minutes via Centerville Road to get where you need to go.

Buyers are attracted to the larger home sites with homes that were built mostly in the early 90s, meaning there are opportunities for homes in all stages of updates and improvements.

If you do decide to look at the homes for sale in Chemonie Crossing, take an expert as land size, amenities, and property improvements will vary greatly in Chemonie Crossing.

In this report, we will look at home price trends, home value trends, and home size trends in Chemonie Crossing, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 1991.

For the three real estate graphs found below, 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 third week of March in 2016. 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 Chemonie Crossing.

Chemonie Home Prices

Due to the relatively few homes in Chemonie Crossing, we typically see significant variances (both upwards and downwards) for home prices. This is why looking at a trend graph is so important to understanding real price movement. The average recorded sales price is $307,000 for Chemonie Crossing through the third week of March.

Average Home Price

Home sales activity in 2015 was the best year on record since 2006. Unfortunately, it was still far below the rate of sales from 1998 through 2006, so there is a likelihood of pent-up supply occurring here. Thus far in 2016, there have been 3 closed home sales in Chemonie Crossing.

Chemonie Home Values

Average home values have moved continually higher since hitting bottom in 2012. Last year, we saw values rise just over 3%, and thus far in 2016 they have soared.

Average Home Value

In 2015, the average value of a home sold in Chemonie Crossing was $123 per square foot. This is up 48% over the bottom reached in 2012, but still down 18% from the market high set back in 2011. This means that many homeowners who purchased from 2005 through 2011 (or refinanced since 2005) are likely at zero or negative equity situations.

Where is the Tallahassee market headed?

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Chemonie Home Sizes

The average home size sold in Chemonie Crossing typically falls in a range of 2,000 to 3,100 square feet, and this year the smaller homes are selling. The 3 sales through March in 2016 have averaged 2,299 square feet, which explains the rapid rise in home values shown above (homes on acreage see greater value fluctuations due to the different land values in the neighborhood).

Average Home Size

Homes For Sale In Chemonie

The following list of homes are the most recent listings in Chemonie Crossing.

Chemonie Crossing

Chemonie Crossing

1 Property
9531 Starhawk Drive
Tallahassee, FL, 32309
Beds4Baths3MLS#403617

Chemonie Home Sales

The following list shows home sales in Chemonie Crossing going back to 1991.

Home Sales in Chemonie Crossing

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
9570 Starhawk Dr$550,000$1892026-10-0620012,907Resale
9080 Old Chemonie Rd$590,000$2402026-07-2019982,456Resale
9093 Old Chemonie Rd$675,000$2402026-07-1320032,814Resale
9519 Starhawk Dr$999,000$1682026-07-0120035,945Resale
9074 Old Chemonie Rd$635,000$2722026-05-2219992,338Resale
7433 Creekridge Cir$690,000$3052025-10-2020012,261Resale
7474 Creekridge Cir$700,000$2442025-08-2520022,868Resale
7432 Dresden Rd$685,000$2402025-08-1519982,850Resale
9381 Wintercreek Ct$950,000$2182025-03-0719974,363Resale
9026 Old Chemonie Rd$630,000$2062024-06-0719993,059Resale
8022 Archer Cir$635,000$2202024-05-2019972,886Resale
7433 Creekridge Cir$600,000$2652024-05-1520012,261Resale
9393 Wintercreek Ct$570,000$2142024-01-1219992,667Resale
8006 Archer Cir$570,000$2402023-10-3119952,373Resale
9122 Old Chemonie Rd$625,000$2522023-07-0720002,477Resale
8014 Archer Cir$450,000$2202023-05-1719932,044Resale
9381 Wintercreek Ct$851,000$1952022-08-1819974,363Resale
7452 Creekridge Circle$425,000$1782022-01-0720072,389Resale
7256 Wintercreek Ln$620,000$2202022-01-0619982,820Resale
8103 Archer Pass$439,900$1752021-12-1019932,511Resale
8097 Archer Cir$465,000$1662021-12-0319962,804Resale
9138 Old Chemonie Rd$615,000$1992021-10-2720003,085Resale
7432 Dresden Rd$617,500$2172021-05-2019982,850Resale
9141 Old Chemonie Rd$900,000$2002021-03-1020074,493Resale
9519 Starhawk Dr$690,000$1162020-12-3020035,945Resale
9531 Starhawk Dr$395,000$1542020-09-2620012,565Resale
9093 Old Chemonie Rd$450,000$1602020-05-2820032,814Resale
9173 Old Chemonie Rd$420,000$1792020-04-1520022,344Resale
7985 Glenarbor Ct$305,000$1382020-03-0619922,215Resale
9020 Old Chemonie Rd$483,000$1292019-08-2919963,757Resale
9200 Old Chemonie Rd$462,500$1502019-08-2820023,092Resale
8032 Archer Cir$375,000$1402019-07-1719952,673Resale
9100 Old Chemonie Rd$420,000$1562019-07-1220012,691Resale
8103 Archer Pass$334,000$1332019-06-0319932,511Resale
7999 Grant Court$318,800$1562019-04-3019952,050Resale
7437 Creekridge Cir$531,000$1452019-02-2120023,659Resale
7500 Creekridge Cir$876,000$1212018-12-1320067,226Resale
9101 Old Chemonie Rd$350,000$1262018-10-1020022,785Resale
9061 Old Chemonie Rd$292,000$1582018-05-1819961,846Resale
7250 Wintercreek Ln$405,500$972018-02-2019984,160Resale
9398 Wintercreek Ct$359,000$1522018-01-2420122,367Resale
7433 Creekridge Cir$390,000$1722017-10-3120012,261Resale
9305 Old Chemonie Rd$302,000$1472017-10-1020022,053Resale
8017 Archer Cir$405,000$1552017-10-0219912,606Resale
9531 Starhawk Dr$335,000$1312017-08-3120012,565Resale
9126 Old Chemonie Rd$310,000$1552017-06-3020012,005Resale
7437 Creekridge Cir$535,000$1462017-06-2720023,659Resale
9519 Starhawk Dr$700,000$1182017-06-2220035,945Resale
8054 Jordan Ct$359,900$1312017-05-0819942,747Resale
8070 Archer Circle$385,500$1552017-04-1119942,488Resale
8989 Old Chemonie Rd$332,300$1032017-03-1019953,220Resale
9053 Old Chemonie Rd$320,000$1502016-12-1619962,128Resale
8022 Archer Cir$420,000$1462016-10-1419972,886Resale
8037 Archer Cir$418,000$1272016-10-0619933,300Resale
9093 Old Chemonie Rd$420,000$1492016-09-2720032,814Resale
7241 Old Chemonie Ct$391,400$1722016-09-1420022,275Resale
7262 Wintercreek Ln$332,000$1382016-04-1520012,412Resale
8103 Archer Pass$320,000$1272016-02-2419932,511Resale
9171 Old Chemonie Rd$297,000$1272016-01-2920012,342Resale
9069 Old Chemonie Rd$304,000$1032016-01-1119982,947Resale
7251 Wintercreek Ln$520,000$1632015-11-1220013,181Resale
8047 Jordan Ct$302,100$1622015-10-3019931,860Resale
7292 Wintercreek Lane$323,000$1222015-07-2419992,648Resale
7998 Grant Ct$330,000$1192015-07-1519952,775Resale
9041 Old Chemonie Rd$303,000$1342015-07-0919912,262Resale
9564 Starhawk Dr$420,000$1282015-07-0820053,294Resale
7465 Creekridge Cir$445,000$1242015-06-2420033,584Resale
9065 Old Chemonie Rd$385,000$1342015-06-0219922,869Resale
7986 Glenarbor Ct$300,000$1312014-09-2319902,290Resale
8046 Archer Cir$327,000$1312014-06-2319932,504Resale
9138 Old Chemonie Rd$400,000$1302014-06-1620003,085Resale
9200 Old Chemonie Rd$385,000$1252014-05-2020023,092Resale
9546 Starhawk Dr$285,000$762014-01-2119973,764Resale
9114 Old Chemonie Rd$400,000$1342013-12-1220032,978Resale
9122 Old Chemonie Rd$355,000$1432013-10-2420002,477Resale
7461 Creekridge Cir$362,000$1262013-10-1820022,867Resale
8093 Archer Cir$310,000$972013-09-2019933,197Resale
7481 Creekridge Cir$339,000$1452013-08-1220012,332Resale
9170 Old Chemonie Rd$316,000$1492013-07-3120012,124Resale
9394 Wintercreek Ct$385,000$1232013-03-2819973,139Resale
7280 Wintercreek Ln$273,000$1302012-10-1819972,102Resale
7281 Wintercreek Lane$350,000$1432011-11-3020032,450Resale
7466 Creekridge Cir$320,000$1432011-11-1420012,231Resale
9204 Old Chemonie Rd$335,000$1162011-07-2919952,876Resale
7241 Old Chemonie Ct$356,000$1562011-04-2120022,275Resale
9070 Old Chemonie Road$315,000$1352011-03-0219972,339Resale
8032 Archer Cir$269,000$1012010-06-1819952,673Resale
8054 Jordan Ct$280,000$1022010-05-2819942,747Resale
7305 Wintercreek Ln$305,000$1202010-05-1020042,538Resale
7262 Wintercreek Ln$325,000$1352009-12-2120012,412Resale
9187 Old Chemonie Rd$359,900$1352009-12-0320022,664Resale
8053 Archer Cir$435,000$1422009-11-2319943,069Resale
7465 Creekridge Cir$425,000$1192009-06-1520033,584Resale
9171 Old Chemonie Rd$310,000$1322009-03-2020012,342Resale
9157 Old Chemonie Rd$445,000$1362009-02-0620013,268Resale
7238 Old Chemonie Ct$360,000$1492008-09-2620022,419Resale
7994 Grant Ct$359,900$1612008-04-2819932,236Resale
9026 Old Chemonie Rd$435,000$1422008-03-3119993,059Resale
7247 Wintercreek Ln$465,000$1712007-07-2620022,726Resale
7235 Old Chemonie Ct$415,000$1682006-12-2720022,472Resale

I hope you enjoyed our March 2016 update on home sales in Chemonie Crossing, please feel free to drop me a note if you have questions not covered in this report.

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