Eastgate Listings & Real Estate Report December 2016

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If you are looking for value and location, consider Eastgate in Northeast Tallahassee.

It’s going to get more difficult to find a single family detached home under $200K inside of I-10 along the Thomasville Road corridor, but Eastgate is the place to first go shopping.

Eastgate has superb access to shopping, dining, Capital Circle and the Interstate, and home prices remain very close to the median single family detached home price in Tallahassee. Within walking distance, you can find Home Depot, Trader Joes, Starbucks, and plenty of other great retail businesses and places to eat.

With seventeen homes sold, five on the market (and one already under contract), Eastgate remains a hot destination for homebuyers.

Homes On The Market In Eastgate

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

Eastgate

Eastgate

1 Property
2205 Greenwich Way
Tallahassee, FL, 32308
Beds3Baths2MLS#406324

Eastgate Homes On The Market In December 2016

Eastgate Schools

Eastgate is zoned for the following public schools:

In this report, we will look at average home prices, average home values, and average home sizes in Eastgate, as well as show a table of 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 fifth of December 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 Eastgate).

Home Price Trends

Home prices have risen roughly 7% so far in 2016. The 17 homes sold had an average sales price of $147,500, but we’re expecting higher prices moving forward. It won’t be long until home prices below $150,000 are simply a fantastic memory in Eastgate.

Average Home Price

Home sales activity in 2016 has been brisk, and for the foreseeable future, it will purely be a seller-side issue. The number of homes sold in Eastgate in 2017 will only be dependent upon the number of homeowners who decide to move, as buyers are already lining up waiting for this location.

Home Value Trends

Average home values in Eastgate are up nearly 4% in 2016, but the reality is far different than what “averages” are reporting. Several low-value homes have been turned this year, and these opportunities will be fewer in the years to come.

Average Home Value

Right now, home values at $108 per square foot are roughly 22% lower than those recorded at the peak of the housing market in 2006, but one recent sale closed at $128 per square foot. Expect to see values surge more than 10% in 2017 and don’t be surprised if we see historical highs before the end of 2018.

Where is the Tallahassee market headed?

New articles as they publish, plus the Monday market report. Free, by email.

Home Size Trends

The average home size sold in Eastgate typically falls in a range of 1,200 to 1,500 square feet, and this year’s home sales have been just above average. The first seventeen home sales have averaged 1,387 square feet.

Average Home Size

Home Sales In Eastgate

The following list shows nearly 500 home sales in Eastgate going back to 1991.

Home Sales in Eastgate

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
2128 Wembley Way$295,000$2122026-10-0919801,391Resale
2004 Eastgate Way$277,500$1772026-06-2219761,570Resale
2516 Whisper Way$309,000$2102026-05-2919761,474Resale
2201 Eastgate Way$315,000$2152026-05-0119771,464Resale
2504 Bedford Way$250,000$1682026-04-2819781,485Resale
2752 Raintree Cir$270,000$1822026-04-1019731,482Resale
2725 Bedford Way$275,000$1712026-03-2419741,604Resale
2501 Whisper Way$305,400$2482025-12-1919741,230Resale
2520 Bedford Way$265,000$1962025-12-1519741,355Resale
2612 Byron Cir$292,500$2052025-11-1919781,424Resale
2107 Lytham Ln$255,000$2162025-10-2819741,178Resale
2760 Raintree Cir$280,000$1652025-08-2219731,700Resale
2780 Raintree Cir$218,000$1392025-08-2119731,564Resale
2721 Bedford Way$308,000$2382025-08-0119751,293Resale
2113 Danshire Dr$305,000$2432025-06-3019741,257Resale
2225 Greenwich Way$240,000$1862025-06-2319781,290Resale
2752 Raintree Cir$230,000$1552025-06-0519731,482Resale
2604 Byron Cir$285,000$2302025-06-0219761,239Resale
2504 Whisper Way$244,000$2132025-04-2219741,148Resale
2639 Byron Cir$285,000$1982025-04-1519741,441Resale
2212 Branbury Ln$306,600$2292025-03-0619771,340Resale
2204 Little Deal Ct$318,000$2892025-02-2819731,100Resale
2229 Greenwich Way$275,000$2152025-01-1619781,281Resale
2737 Bedford Way$257,500$1652024-12-1119741,560Resale
2220 Branbury Ln$300,000$2162024-10-2419781,386Resale
2556 Whisper Way$255,000$2222024-10-0419801,151Resale
2724 Bedford Way$259,900$1732024-09-1919741,505Resale
2213 Eastgate Way$274,500$2462024-09-1619811,116Resale
2208 Eastgate Way$157,500$1602024-09-051980986Resale
2049 Eastgate Way$275,000$1992024-08-3019771,385Resale
2201 Wembley$329,700$2672024-08-3019771,236Resale
2205 Little Deal Court$317,000$2112024-07-1619731,504Resale
2724 Raintree Cir$349,900$1772024-06-2019741,972Resale
3009 Greenwich Ct$344,000$1922024-06-0519781,788Resale
2604 Byron Cir$198,000$1602024-05-2219761,239Resale
2208 Greenwich Way$270,000$2072024-04-2419791,307Resale
2204 Little Deal Ct$198,500$1802024-04-1119731,100Resale
2205 Little Deal Court$215,000$1432024-04-0519731,504Resale
2521 Whisper Way$289,900$2212024-04-0419771,309Resale
2784 Raintree Cir$239,000$2092024-02-0919731,144Resale
2501 Whisper Way$305,000$2482024-01-2919741,230Resale
3005 Whisper Ct$250,000$1542023-12-1319761,624Resale
2116 Wembley Way$256,000$1792023-09-2819781,430Resale
2426 Dundee Dr$200,000$1752023-07-1719731,144Resale
2220 Eastgate Way$265,000$2142023-05-3119791,238Resale
2501 Whisper Way$230,000$1872023-04-1819741,230Resale
2829 Little Deal Rd$255,000$2162023-03-2019731,181Resale
2643 Byron Cir$339,900$1682023-03-1319742,023Resale
2764 Raintree Cir$265,000$2202023-03-0119751,204Resale
2324 Eastgate Way$245,500$2052023-02-1419791,198Resale
2042 Eastgate Way$230,000$1392023-02-0319771,658Resale
2329 Eastgate Way$245,000$1962022-11-1619791,249Resale
2624 Byron Cir$350,000$2232022-10-0719751,568Resale
2301 Eastgate Way$230,500$1752022-08-2519791,316Resale
2705 Bedford Way$230,000$1352022-07-2919771,700Resale
2809 Little Deal Rd$250,000$1922022-07-2619731,304Resale
2632 Bedford Way$200,000$1682022-06-2919731,188Resale
2353 Eastgate Way$240,000$2152022-05-1319771,116Resale
2119 Lytham Ct$230,000$1872022-05-0519741,227Resale
2016 Eastgate Way$280,000$1492022-04-1319731,878Resale
2408 Dundee Dr$215,000$1952022-03-3119741,100Resale
2050 Eastgate Way$325,000$1602022-03-1819782,036Resale
2612 Byron Cir$200,000$1402021-12-3019781,424Resale
2655 Byron Cir$220,000$1652021-11-2219741,334Resale
2763 Raintree Cir$207,000$1732021-10-2719751,195Resale
2333 Eastgate Way$224,200$1772021-10-0119771,270Resale
2021 Eastgate Way$229,000$1622021-09-3019751,415Resale
2505 Whisper Way$250,000$1382021-09-2919741,807Resale
2784 Raintree Cir$185,000$1622021-09-2019731,144Resale
2209 Eastgate Way$246,000$1702021-09-1619791,444Resale
2724 Raintree Cir$273,000$1382021-09-1019741,972Resale
2213 Eastgate Way$222,500$1992021-08-1019811,116Resale
2205 Wembley Way$223,000$1272021-07-3019771,760Resale
2004 Eastgate Way$210,000$1342021-07-2319761,570Resale
2225 Greenwich Way$236,000$1832021-07-2019781,290Resale
2635 Byron Cir$245,000$1472021-06-1419741,667Resale
2615 Bedford Way$244,000$1332021-05-0719741,830Resale
3209 Shimmy Ln$222,500$1932021-04-1519801,155Resale
3217 Shimmy Ln$222,000$1892021-04-0219801,172Resale
2600 Bedford Way$225,000$1862021-03-1919761,209Resale
2509 Bedford Way$245,000$1892021-02-2619751,293Resale
3009 Whisper Ct$250,000$1552020-12-3019761,616Resale
2029 Eastgate Way$215,000$1752020-12-1819751,227Resale
2101 Eastgate Way$233,500$1752020-11-1319761,334Resale
2439 Dundee Dr$215,000$1452020-10-3019731,482Resale
2109 Wembley Way$225,000$1902020-10-1619781,184Resale
2509 Bedford Way$150,000$1162020-09-3019751,293Resale
2729 Bedford Way$195,000$1242020-09-1519741,571Resale
2337 Eastgate Way$169,000$1552020-09-1119791,092Resale
3001 Eastgate Ct$145,500$1212020-08-1319801,202Resale
2735 Raintree Cir$200,000$912020-08-1219742,200Resale
2308 Dundee Ct$196,500$1482020-08-1119741,332Resale
2049 Eastgate Way$215,000$1552020-07-2219771,385Resale
2710 Raintree Cir$234,000$1842020-07-1019731,271Resale
2717 Bedford Way$217,000$1282020-06-2419761,700Resale
2748 Raintree Cir$175,000$1052020-06-2219731,666Resale
3221 Shimmy Ln$200,000$1272020-05-0819801,580Resale
2541 Lemon Ln$216,000$1642020-05-0119741,319Resale
2652 Byron Cir$180,000$1652020-04-2919731,089Resale
2205 Greenwich Way$200,000$1252020-04-2119741,598Resale

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

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