Hampton Creek Real Estate Report February 2016

Posted by
Share
Share
Share
Share

Hampton Creek, on the Southeast side of the Tallahassee real estate market, is a newer community that contains a mix of single family detached homes and townhomes, with prices very near the median in Leon County.

Roughly 220 homes we constructed over the past ten+ years. With many people buying the properties at one time (which coincided with the peak of the housing market), we must be concerned that this will leave too many owners wanting to move at roughly the same time. This threat of pent-up supply is highly likely to occur over the next five years.

Hampton Creek is located on Apalachee Parkway just beyond Conner Blvd., and current residents find its convenience to town and like-new homes both great reasons for living here.

In this report, we will look at long term average home price trends, value trends, and size trends of homes sold in Hampton Creek, as well as all current listings in the Tallahassee MLS and all closed home sales going back to the first year that homes went on the market here (2005).

For each of the three graphs utilized in this report, we plot the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate trend 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 second week of February 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 the Hampton Creek).

Hampton Creek Home Prices

Average home prices dropped 3% in Hampton Creek in 2015. If you’ve been sitting to buy a home, consider this a good time to use historic low mortgage interest rates to buy a like-new home cheaper than it would cost to rent.

Average Home Price

Home sales activity was consistent with what has occurred over the past 8 years, which means a level at less than a third of the pace we saw when the neighborhood formed. This is where the concern for the pent-up supply is founded. In 2015, there were 16 closed home sales in Hampton Creek  with an average sales price of $140,456.

Hampton Creek Home Values

Average home values in Hampton Creek declined nearly 3% in 2015, which is mostly due to three distressed sales, one significantly below market, and 2 others that were relatively low.

Average Home Value

Last year, the average value of a home sold in Hampton Creek was $107 per square foot, which means that 2015 created a new market bottom for this neighborhood. Many homeowners who have purchased or refinanced in the past 11 years most likely have no equity in their homes. Unfortunately, lower values make it even harder for homeowners to sell, thus our concern for pent-up supply accumulation.

Where is the Tallahassee market headed?

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

Hampton Creek Home Sizes

The average home size sold in Hampton Creek typically falls in a range of 1,200 to 1,500 square feet, and 2015 was not any different. The 16 sales in 2015 averaged 1,309 square feet.

Average Home Size

Homes For Sale In Hampton Creek

The following map and list of homes are the most recent listings in Hampton Creek. This list is updated every 15 minutes, so you can be assured that this page will always bring you the most up-to-date listings and sales that can be found for Hampton Creek (bookmark this page if this is an area that you want to track).

Hampton Creek

Hampton Creek

3 Properties
5510 Hampton Oak Place
Tallahassee, FL, 32311
Beds2Baths2MLS#403315
5451 Hampton Hill Circle
Tallahassee, FL, 32311
Beds3Baths2MLS#405415
5430 Hampton Hill Circle
Tallahassee, FL, 32311
Beds3Baths2MLS#402011

Hampton Creek Home Sales

The following list shows roughly 300 home sales in Hampton Creek going back to the very first one which occurred in 2005.

Home Sales in Hampton Creek

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
2866 Hampton Meadow Dr$255,000$1902026-09-1820081,343Resale
2848 Hampton Meadow Dr$250,000$2032026-06-2620071,231Resale
2892 Hampton Meadow Dr$245,000$1992026-06-0520121,231Resale
2846 Hampton Meadow Dr$255,000$2072026-05-1420071,231Resale
5604 Hampton Hill Cir$236,000$1922026-04-1020101,231Resale
5441 Hampton Hill Cir$235,000$1672026-04-0920061,406Resale
5435 Hampton Hill Cir$254,900$1802026-03-1620061,418Resale
5507 Hampton Woods Way$237,000$1692026-03-0520051,402Resale
2896 Hampton Meadow Dr$245,000$1992026-01-2120131,231Resale
5509 Hampton Oak Pl$235,000$2032025-12-3020071,160Resale
5508 Hampton Woods Way$235,000$1662025-12-1220051,418Resale
2888 Hampton Meadow Dr$251,200$2042025-12-0820121,231Resale
2878 Hampton Meadow Dr$250,000$2032025-10-0320101,231Resale
5594 Hampton Hill Cir$252,000$2052025-08-2820081,231Resale
5564 Hampton Hill Cir$325,000$2062025-05-1920061,578Resale
5020 Hampton Ridge Ave$240,000$2072025-05-1620071,160Resale
2842 Hampton Meadow Dr$254,000$2062025-05-1620071,231Resale
5613 Hampton Hill Cir$257,000$2222025-03-2820071,160Resale
5064 Hampton Ridge Ave$326,900$2082025-01-3120071,571Resale
5056 Hampton Ridge Ave$305,500$1942024-12-2320071,578Resale
5061 Hampton Ridge Ave$289,000$2032024-12-1820051,421Resale
5576 Hampton Hill Cir$265,000$1882024-12-1220061,409Resale
5033 Hampton Ridge Ave$250,000$1782024-09-1920051,402Resale
5449 Hampton Hill Cir$268,500$1892024-08-0920061,418Resale
5038 Hampton Ridge Ave$223,500$1932024-07-1820111,160Resale
5432 Hampton Hill Cir$257,000$1812024-06-2420061,418Resale
5019 Hampton Ridge Ave$270,000$1932024-03-0820051,402Resale
5042 Hampton Ridge Ave$265,000$2152024-03-0520071,231Resale
5560 Hampton Hill Cir$299,000$1752024-01-1220061,706Resale
5605 Hampton Hill Cir$235,000$2032023-12-1220071,160Resale
2890 Hampton Meadow Dr$255,000$2072023-12-1120121,231Resale
5518 Hampton Oak Pl$225,000$1942023-12-0820071,160Resale
5430 Hampton Hill Cir$265,000$1872023-10-3020061,418Resale
2880 Hampton Meadow Dr$265,000$2152023-10-0320101,231Resale
5030 Hampton Ridge Ave$235,000$2032023-09-2520101,160Resale
5506 Hampton Woods Way$250,000$1762023-07-1920051,418Resale
5543 Hampton Woods Way$290,000$1852023-06-2720061,571Resale
5562 Hampton Hill Cir$277,000$1962023-06-1620061,416Resale
5613 Hampton Hill Cir$254,000$2192023-06-0920071,160Resale
2848 Hampton Meadow Dr$264,900$2152023-06-0120071,231Resale
5050 Hampton Ridge Ave$275,000$1742023-04-2820071,578Resale
5456 Hampton Hill Cir$230,000$1642023-04-2620071,402Resale
2878 Hampton Meadow Dr$245,000$1992023-02-1020101,231Resale
2876 Hampton Meadow Dr$240,000$1952022-12-1620091,231Resale
5445 Hampton Hill Cir$239,000$1692022-11-1720061,418Resale
5524 Hampton Woods Way$250,000$1762022-10-0520051,418Resale
5579 Hampton Hill Cir$255,000$1482022-09-1320061,722Resale
2836 Hampton Meadow Dr$245,000$1992022-08-3120071,231Resale
5613 Hampton Hill Cir$220,000$1902022-07-1820071,160Resale
5515 Hampton Woods Way$231,000$1632022-07-0220051,418Resale
2848 Hampton Meadow Dr$243,000$1972022-06-2420071,231Resale
5542 Hampton Woods Way$310,000$1822022-06-0320061,706Resale
5505 Hampton Oak Pl$210,000$1812022-04-1520071,160Resale
5503 Hampton Oak Pl$206,600$1782022-03-2120071,160Resale
5434 Hampton Hill Cir$225,000$1602022-02-0320061,404Resale
5531 Hampton Woods Way$260,000$1562021-12-3020051,668Resale
5582 Hampton Hill Cir$269,900$1722021-12-1720061,571Resale
5455 Hampton Hill Cir$209,500$1492021-12-1520061,402Resale
5509 Hampton Oak Pl$190,000$1642021-11-3020071,160Resale
5028 Hampton Ridge Ave$190,400$1642021-11-1920081,160Resale
5539 Hampton Woods Way$269,900$1572021-11-1620061,722Resale
5053 Hampton Ridge Ave$250,000$1592021-11-0120071,571Resale
2898 Hampton Meadow Dr$224,000$1822021-10-1420121,231Resale
5521 Hampton Woods Way$207,500$1462021-09-3020051,418Resale
5440 Hampton Hill Cir$206,000$1452021-09-2820061,418Resale
2870 Hampton Meadow Dr$207,000$1682021-09-1520091,231Resale
5611 Hampton Hill Cir$190,000$1642021-09-0720071,160Resale
2860 Hampton Meadow Dr$205,000$1672021-08-2420081,231Resale
5048 Hampton Ridge Ave$260,800$1532021-08-1820061,706Resale
5524 Hampton Woods Way$210,000$1482021-08-1720051,418Resale
5516 Hampton Woods Way$220,000$1572021-08-1720051,402Resale
5043 Hampton Ridge Ave$200,000$1412021-08-0320051,418Resale
5585 Hampton Hill Cir$180,000$1052021-07-2920061,722Resale
2882 Hampton Meadow Dr$197,500$1602021-07-2820101,231Resale
5527 Hampton Woods Way$212,500$1522021-07-0920061,402Resale
2868 Hampton Meadow Dr$206,000$1672021-07-0720081,231Resale
5501 Hampton Oak Pl$180,000$1552021-06-2820071,160Resale
5564 Hampton Hill Cir$260,000$1652021-06-1420061,578Resale
5505 Hampton Woods Way$191,000$1362021-05-2120051,402Resale
5581 Hampton Hill Cir$236,000$1502021-05-1320061,578Resale
2846 Hampton Meadow Dr$190,500$1552021-04-3020071,231Resale
5435 Hampton Hill Cir$205,700$1452021-04-3020061,418Resale
5584 Hampton Hill Cir$225,000$1612021-03-1920061,401Resale
5522 Hampton Woods Way$203,000$1432021-02-0520051,418Resale
5509 Hampton Woods Way$195,300$1382021-02-0520051,418Resale
5517 Hampton Woods Way$185,000$1302021-01-2520051,418Resale
5511 Hampton Oak Pl$169,900$1462021-01-0420071,160Resale
5021 Hampton Ridge Ave$193,500$1362020-12-3120051,418Resale
2900 Hampton Meadow Dr$189,000$1542020-12-1420121,231Resale
5602 Hampton Hill Cir$178,900$1452020-10-2320101,231Resale
5457 Hampton Hill Cir$179,000$1282020-10-0220061,402Resale
5443 Hampton Hill Cir$182,000$1282020-10-0220061,418Resale
5547 Hampton Woods Way$216,000$1192020-09-2520061,817Resale
5454 Hampton Hill Cir$185,900$1332020-08-2020071,402Resale
5566 Hampton Hill Cir$220,500$1282020-07-3120061,722Resale
5522 Hampton Oak Pl$162,000$1402020-07-2120071,160Resale
5436 Hampton Hill Cir$189,000$1352020-07-1720061,402Resale
2890 Hampton Meadow Dr$182,900$1492020-06-1220121,231Resale
2894 Hampton Meadow Dr$177,900$1452020-05-1520131,231Resale
2886 Hampton Meadow Dr$176,900$1442020-04-0320121,231Resale

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

Related Posts