The Glen At Golden Eagle Home Sales Report October 2014

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Located on the NE side of Tallahassee and just outside of Golden Eagle Plantation, the Glen At Golden Eagle is a newer neighborhood with most of the homes constructed between the years of 1997 and 2006.

As many of these homes were built and sold during the booming years of the housing market, it means that the typical move cycle for many of the homeowners occurred just as the housing market began to crash. Compound that will fallen values and you should expect significant pent-up supply in the Glen at Golden Eagle.

In this report, we will look at prices, values, and sizes of homes in the Glen At Golden Eagle, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 2007.

The Glen At Golden Eagle Home Prices

For all of the 3 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 October in 2014.

Average home prices have not changed much in the past two years, but are still higher than the low established in 2012. Distressed sales are are occurring at a higher than average pace when  compared with other neighborhoods in Tallahassee (3 of the past 9 sales have been distressed). The average recorded sales price is $179,000 for the Glen At Golden Eagle thus far in 2014.

Glen At Golden Eagle Home Prices

Home sales activity this year is consistent with what we have seen over the past four years, but still far below what will be needed for the Glen to enjoy its own housing market recovery. Thus far in 2014, there have been 8 closed home sales in the Glen At Golden Eagle.

The Glen At Golden Eagle Home Values

Average home values in the Glen At Golden Eagle have declined since last year, but they are still up nicely when compared to a low set back in 2012.

Glen At Golden Eagle Home Values

Through October, the average value of a home sold in the Glen At Golden Eagle has been $115 per square foot. This is up 12% over the bottom reached in 2014, but still down about 22% from the market high set back in 2006. This means that many homeowners who have purchased or refinanced in the past 8 years are likely at zero or negative equity situations.

Where is the Tallahassee market headed?

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The Glen At Golden Eagle Home Sizes

The average home size sold in the Glen At Golden Eagle typically falls in a range of 1,500 to 1,700 square feet, and this year home sales are nearer the bottom of this range. The 8 sales thus far in 2014 have averaged 1,558 square feet.

Glen At Golden Eagle Home Size

Just as we have warned with other “boom neighborhoods,” a mass exodus could be cause for value concerns. If you have a vested interest in the Glen at Golden Eagle (or would like to), just keep a close eye on inventory. If 10 or more homes hit the market at once, it might be a sign that the pent-up supply needs to vent.

Homes For Sale In The Glen At Golden Eagle

The following list of homes are the most recent listings in the Glen At Golden Eagle.

[idx-listings linkid=”339142″ count=”10″ showlargerphotos=”true”]

The Glen At Golden Eagle Home Sales

The following list shows home sales going back to 2002 in the Glen At Golden Eagle.

Home Sales in Glen At Golden Eagle

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
2047 Sunny Dale Dr$365,000$2122026-09-0820041,721Resale
9421 Windam Way$373,000$2402026-08-1020041,554Resale
9317 Tuscany Dr$368,000$1862026-08-0720031,977Resale
1987 Sunny Dale Dr$345,000$2242026-07-2420031,541Resale
1766 Newman Ln$372,000$2202026-04-0819971,690Resale
2592 Heathrow Dr$299,000$2132026-03-1820041,406Resale
1813 Newman Ln$285,000$2352026-03-0619981,214Resale
1991 Sunny Dale Dr$362,000$1832026-02-1920041,975Resale
1835 Newman Ln$308,000$2072025-12-1219981,489Resale
2032 Ascot Way$310,000$2252025-08-2819981,376Resale
1790 Newman Ln$325,000$1972025-08-2220011,652Resale
9321 Royal Troon Dr$422,500$2182025-06-1820041,938Resale
2662 Heathrow Dr$370,000$1982025-05-1920041,868Resale
1754 Newman Ln$300,000$2002025-04-0219981,501Resale
2465 Heathrow Dr$344,300$2282025-02-0320031,511Resale
9308 Royal Troon Dr$375,000$2202025-01-1720041,701Resale
9309 Tuscany Dr$400,000$2062025-01-1320031,938Resale
9317 Royal Troon Dr$400,000$2262024-12-0320041,771Resale
1831 Newman Ln$320,000$2132024-11-2619981,499Resale
2480 Heathrow Dr$380,000$1992024-11-1820041,912Resale
9318 Tuscany Dr$405,000$2382024-10-1820041,701Resale
9166 Stonehenge Trl$300,000$2312024-07-1519981,301Resale
2039 Sunny Dale Dr$325,000$2162024-06-1420041,502Resale
2606 Heathrow Dr$390,000$2192024-04-2420041,784Resale
1839 Newman Ln$290,000$2292024-03-0819981,265Resale
2200 Heathrow Dr$360,000$2122024-03-0520031,701Resale
9306 Tuscany Dr$325,000$2212024-01-3120031,472Resale
1775 Newman Ln$312,000$1922024-01-1219981,624Resale
9326 Tuscany Dr$375,000$1932023-10-0220041,938Resale
9313 Tuscany Dr$334,000$2102023-09-2820031,592Resale
2578 Heathrow Dr$334,000$2222023-07-1320031,502Resale
2521 Heathrow Dr$320,000$2132023-05-3020031,502Resale
9309 Royal Troon Dr$375,000$1922023-04-2520041,955Resale
2284 Heathrow Dr$347,000$2082023-03-3020031,672Resale
2340 Heathrow Dr$315,000$2112023-01-0520021,492Resale
2256 Heathrow Dr$355,000$2092022-10-0520041,699Resale
9318 Tuscany Dr$375,000$2202022-09-1320041,701Resale
9326 Tuscany Dr$361,000$1862022-09-0720041,938Resale
9405 Windam Way$315,000$2122022-09-0620021,485Resale
9324 Royal Troon Dr$344,000$2012022-08-2920031,708Resale
9331 Royal Troon Dr$325,000$1952022-08-2420041,667Resale
2047 Sunny Dale Dr$325,000$1892022-07-2820041,721Resale
1751 Newman Ln$285,000$2352022-07-2519981,214Resale
2325 Heathrow Dr$330,000$2072022-06-1020041,595Resale
9305 Royal Troon Dr$345,000$1782022-05-3120041,938Resale
9405 Windam Way$368,000$2482022-05-1220021,485Resale
1866 Newman Ln$247,500$1932022-04-1819981,282Resale
9341 Tuscany Dr$355,000$2252022-03-1820021,579Resale
2120 Heathrow Dr$209,000$1662022-01-1319981,261Resale
1991 Sunny Dale Dr$329,000$1672021-12-3020041,975Resale
2508 Heathrow Dr$319,000$1672021-12-3020041,912Resale
2662 Heathrow Dr$325,000$1742021-12-1520041,868Resale
2465 Heathrow Dr$284,000$1882021-11-1920031,511Resale
2325 Heathrow Dr$276,000$1732021-11-0420041,595Resale
1763 Newman Ln$265,000$1572021-10-0119991,683Resale
9099 Stonehenge Trl$265,000$1852021-09-2919991,434Resale
1814 Newman Ln$279,900$1932021-09-2819991,449Resale
2368 Heathrow Dr$269,000$1752021-09-1720021,534Resale
9325 Tuscany Dr$269,000$1752021-09-1520031,541Resale
9409 Windam Way$262,000$1712021-09-0820021,534Resale
9318 Tuscany Dr$325,000$1912021-09-0120041,701Resale
9413 Windam Way$261,000$1862021-08-3120021,406Resale
2027 Sunny Dale Dr$269,000$1792021-08-2020041,502Resale
9310 Tuscany Dr$310,000$1602021-08-1320041,938Resale
2592 Heathrow Dr$252,500$1802021-07-2320041,406Resale
1846 Newman Ln$220,000$1782021-06-3019991,239Resale
2382 Heathrow Dr$272,000$1812021-06-1820031,502Resale
2242 Heathrow Dr$262,000$1902021-05-2520041,380Resale
2043 Sunny Dale Dr$290,000$1712021-05-2020041,698Resale
2003 Sunny Dale Dr$289,900$1642021-05-1420031,773Resale
2124 Heathrow Dr$225,000$1562021-05-0619971,441Resale
2424 Heathrow Dr$317,000$1602021-03-3120031,980Resale
2021 Ascot Way$250,000$1522021-03-2619991,644Resale
2326 Heathrow Dr$247,000$1762021-03-2620021,406Resale
2025 Ascot Way$251,000$1522021-02-0919981,650Resale
9336 Royal Troon Dr$258,200$1522020-12-1020031,701Resale
1758 Newman Ln$266,500$1582020-11-1219991,690Resale
2494 Heathrow Dr$286,500$1482020-11-0620031,938Resale
1858 Newman Ln$230,000$1742020-09-3019981,319Resale
2508 Heathrow Dr$268,000$1402020-09-2820041,912Resale
9142 Stonehenge Trl$250,000$1732020-09-2319971,441Resale
1751 Newman Ln$195,000$1612020-09-1619981,214Resale
2172 Heathrow Dr$265,000$1352020-08-1720021,962Resale
2648 Heathrow Dr$255,000$1472020-08-0520041,729Resale
2128 Heathrow Dr$251,000$1712020-08-0419981,467Resale
2035 Sunny Dale Dr$250,000$1372020-07-1520041,819Resale
9154 Stonehenge Trl$225,000$1712020-06-3019981,314Resale
9328 Royal Troon Drive$268,100$1392020-06-1920031,923Resale
1750 Newman Ln$225,000$1722020-06-1119981,307Resale
9421 Windam Way$272,000$1752020-04-2020041,554Resale
9150 Stonehenge Trl$246,500$1682020-03-1819981,466Resale
1759 Newman Ln$215,000$1562020-03-0620001,374Resale
1835 Newman Ln$224,000$1502020-02-2119981,489Resale
9146 Stonehenge Trl$220,000$1682019-12-1319971,312Resale
9329 Tuscany Dr$223,200$1652019-12-1320021,350Resale
9318 Tuscany Dr$267,000$1572019-11-2220041,701Resale
1975 Sunny Dale Dr$247,000$1262019-09-3020051,958Resale
2011 Sunny Dale Dr$215,000$1482019-09-2720031,456Resale
2025 Ascot Way$250,000$1522019-08-2619981,650Resale
9405 Windam Way$230,000$1552019-08-2320021,485Resale

I hope you enjoyed our October 2014 update on home sales in the Glen At Golden Eagle, please feel free to drop me a note if you have questions not covered in this report.

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