4th Quarter Blowout Sale On Golf Course Homes
If you are looking to buy or sell a home on the golf course, now is a great time to be active.
For sellers, the inventory of homes for sale is very low, so you have less competition. For buyers, interest rates are at an all-time low. Do you realize how much home you can afford when interest rates are below 3%?
The purpose of today's article is to show you all the homes for sale on a golf course in Tallahassee and ALSO provide you with some supporting analysis about the current state of Tallahassee's golf course home market.
Currently, there are 17 homes for sale on a golf course in Tallahassee, and 10 of them are already under contract with buyers.
Homes For Sale On Golf Courses
What Buyers Have Paid For Golf Course Homes
The average price of a home on the golf course continues to rise and is now at $439K.
The average price of homes sold on a golf course in 2020 has risen nearly 9% over last year's average and it does not appear to be slowing down. If you have been thinking about buying one, don't let a great one slip your grasp.
The following average home prices were reported for each golf course thus far in 2020:
- Golden Eagle: $577K
- Southwood: $535K
- Summerbrooke: $482K
- Capital City: $392K (in 2019, no sales in 2020)
- Killearn: $386K
- Hilaman: $105K
- Jake Gaither: $0 (no sales since 2017)
What Are Homes On Golf Courses Worth?
There are 5 1/2 golf courses in Tallahassee with residences built along their fareways and greens. This graph shows, on average, what they are worth.
The following average home values were reported for each golf course in 2020:
- Golden Eagle: $177 per square foot
- Southwood: $172 per square foot
- Summerbrooke: $156 per square foot
- Capital City: $168 per square foot (in 2019, no sales in 2020)
- Killearn: $132 per square foot
- Hilaman: $77 per square foot
- Jake Gaither: $0 (No sales since 2017)
As you can see, the values vary greatly from golf course to golf course. If you are not from the area and what to know the ins and outs of these golf course communities, just give us a call or pop us an email, we're happy to help you shop for the right one.
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What Size Are Tallahassee Golf Course Homes?
From townhomes to virtual mansions, Tallahassee has homes on golf courses of all sizes.
The following average home sizes were reported for each golf course in 2020:
- Golden Eagle: 3,264 square feet
- Southwood: 3,149 square feet
- Summerbrooke: 3,106 square feet
- Capital City: 2,326 square feet (in 2019, no sales in 2020)
- Killearn: 2,964 square feet
- Hilaman: 1,311 square feet
- Jake Gaither: 0 square feet (no sales since 2017)
If you happened to catch the last time we produced a report on golf course homes in Tallahassee, you'll have noticed that these average home sizes have changed greatly. This is due to the relatively low number of home sales on each golf course each year.
Golf Course Home
Do you own a home on a golf course? Or would you like to own a home on a golf course?
We'd love to help you with any of your real estate needs. For assistance, please leave a comment below, give us a call at (850) 366-8917, or drop us a note and you will find us ready to help you today.
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