2011 Home Sales In Golden Eagle Plantation
It's time for another look at home sales in Golden Eagle Plantation, the premiere golf course community located on the Northeast side of the Tallahassee real estate market. We like to review different Tallahassee neighborhoods every quarter or so, and Golden Eagle is one that we have kept an eye on for several years now.
Our study of home sales in Golden Eagle focuses on the existing "arms length" sales (click to see video explaining the meaning of arms length) so that we can observe long-term value trends as seen by the market of homebuyers in this Northeast Tallahassee neighborhood.
The real estate graph below was constructed with arms length home sales in Golden Eagle Plantation over the past 20 years. The yellow triangles show the average value of sales each month, while the blue vertical lines show the average number of homes sold each month (1 year trend). The red, green, and blue lines plot the 1 year, 5 year, and 10 year average home values (measured in price per square foot).
Our real estate graph shows that values seem to be stabilizing over the past year, and unit sales seem to be hovering just below three arms-length sales per month. For our analytical readers, there is an interesting trend that can be seen in this graph.
Note how the one-year trend has dropped down and hovered on the ten-year trend (red line and blue line). I believe this is a graphical representation of "buyers perceiving value." Basically, the average Golden Eagle home price over the past year is exactly the same as the average Golden Eagle home price over the past ten years, so homebuyers are able to purchase at pre-boom prices.
This is the type of graphic activity that we expect to see for the turn of the real estate market to commence. Buyers have to see value before we see an real increase of activity in the Tallahassee housing market. This is why we monitor key neighborhoods in Tallahassee, so that we can best advise both homebuyers and home sellers in the Tallahassee real estate market.
Recent Arms-Length Golden Eagle Home Sales
| Address | Price | Size | PPSFT | Age | Sale Date |
| 2606 WHARTON CIR | $395,000 | 2,033 | $142 | 2001 | 12/16/2010 |
| 9692 PRESTANCIA WAY | $370,000 | 2,615 | $136 | 2006 | 12/3/2010 |
| 2722 WATERFORD GLEN CT | $430,000 | 3,144 | $116 | 1996 | 11/30/2010 |
| 2684 WHARTON CIR | $419,300 | 2,531 | $140 | 1998 | 11/15/2010 |
| 9015 WINGED FOOT DR | $745,000 | 2,866 | $188 | 2002 | 11/1/2010 |
| 8893 SALTCOATES CT | $329,000 | 2,844 | $161 | 1994 | 10/2/2010 |
| 2987 SAINT STEVENS DR | $327,000 | 4,350 | $125 | 1994 | 9/16/2010 |
| 8893 SALTCOATES CT | $329,000 | 3,816 | $86 | 1994 | 10/2/2010 |
| 2987 SAINT STEVENS DR | $327,000 | 2,615 | $125 | 1994 | 9/16/2010 |
| 8881 BLACKHEATH WAY | $340,000 | 3,144 | $108 | 1999 | 9/13/2010 |
| 8823 WINGED FOOT DR | $354,000 | 2,531 | $140 | 1997 | 8/11/2010 |
| 2320 GATES DR | $382,000 | 2,866 | $133 | 1999 | 8/16/2010 |
| 2702 WHARTON CIR | $340,000 | 2,844 | $120 | 1999 | 7/16/2010 |
| 3027 GOLDEN EAGLE DR E | $760,000 | 4,350 | $175 | 2005 | 7/1/2010 |
| 9030 SHOAL CREEK DR | $625,000 | 3,816 | $164 | 1996 | 6/15/2010 |
| 9688 DEER VALLEY DR | $575,000 | 3,443 | $167 | 2003 | 9/10/2010 |
| 3233 PINE BROOK CT | $670,000 | 4,245 | $158 | 2006 | 7/1/2010 |
| 9030 SHOAL CREEK DR | $625,000 | 3,816 | $164 | 1996 | 6/15/2010 |
| 8499 CONGRESSIONAL DR | $720,000 | 5,662 | $127 | 1991 | 5/14/2010 |
| 8533 HEATHCLIFF CT | $335,000 | 2,485 | $135 | 1999 | 5/14/2010 |
| 9640 DEER VALLEY DR | $750,000 | 3,890 | $193 | 2007 | 5/3/2010 |
| 2845 ROYAL ISLE DR | $369,000 | 2,675 | $138 | 1998 | 4/22/2010 |
| 2274 COBB DR | $423,000 | 3,105 | $136 | 2003 | 4/14/2010 |
| 2558 BISHOPS GREEN TRL | $435,000 | 3,114 | $140 | 1998 | 4/12/2010 |
| 9694 DANCING RABBIT WAY | $345,000 | 2,868 | $120 | 2004 | 3/15/2010 |
| 9227 SHOAL CREEK DR | $390,000 | 3,039 | $128 | 2006 | 3/12/2010 |
| 8950 WINGED FOOT DR | $630,000 | 3,465 | $182 | 2001 | 2/26/2010 |
| 2968 MEDINAH CT | $390,000 | 2,826 | $138 | 2001 | 2/25/2010 |
| 3059 SAINT ANDREWS WAY | $435,000 | 3,132 | $139 | 2005 | 2/17/2010 |
| PRESTANCIA WAY | $520,000 | 3,766 | $138 | 2005 | 12/30/2009 |
| 9060 SHOAL CREEK DR | $540,000 | 3,564 | $152 | 2001 | 12/21/2009 |
| 2896 ROYAL ISLE DR | $485,000 | 3,512 | $138 | 2003 | 12/7/2009 |
| 9090 SHOAL CREEK DR | $535,000 | 3,718 | $144 | 2007 | 12/4/2009 |
| 9227 SHOAL CREEK DR | $500,000 | 3,039 | $165 | 2006 | 11/16/2009 |
| 2701 WATERFORD GLEN CT | $595,000 | 3,797 | $157 | 1999 | 11/2/2009 |
| 2625 WHARTON CIR | $450,000 | 3,150 | $143 | 1999 | 10/29/2009 |
| 3076 SAINT ANDREWS WAY | $395,000 | 2,979 | $133 | 2005 | 9/4/2009 |
| 8866 BLACKHEATH WAY | $300,000 | 2,608 | $115 | 1999 | 8/24/2009 |
| 9710 PRESTANCIA WAY | $470,000 | 3,232 | $145 | 2005 | 8/21/2009 |
| 3018 GOLDEN EAGLE DR E | $495,000 | 3,284 | $151 | 1987 | 8/21/2009 |
| 2306 GATES DR | $465,000 | 3,349 | $139 | 1999 | 8/13/2009 |
| 2624 WHARTON CIR | $495,000 | 3,450 | $143 | 2000 | 7/9/2009 |
| 9686 PRESTANCIA WAY | $430,000 | 3,338 | $129 | 2004 | 7/2/2009 |
| 2974 GOLDEN EAGLE DR E | $535,000 | 5,493 | $97 | 1988 | 7/1/2009 |
| 2031 HERB CT | $475,000 | 3,237 | $147 | 1998 | 6/12/2009 |
| 9233 SHOAL CREEK DR | $435,000 | 2,618 | $166 | 2007 | 6/10/2009 |
| 9085 SHOAL CREEK DR | $420,000 | 3,004 | $140 | 1999 | 5/5/2009 |
| 2287 COBB DR | $400,000 | 2,865 | $140 | 2001 | 3/14/2009 |
| 9688 DANCING RABBIT WAY | $517,500 | 3,465 | $149 | 2004 | 3/4/2009 |
| 9015 WINGED FOOT DR | $782,500 | 4,021 | $195 | 2002 | 2/26/2009 |
| 9015 WINGED FOOT DR | $782,500 | 4,021 | $195 | 2002 | 2/26/2009 |
| 2893 ROYAL ISLE DR | $545,000 | 4,209 | $129 | 2005 | 2/17/2009 |
| 2709 WHARTON CIR | $330,000 | 2,681 | $123 | 1999 | 2/6/2009 |
| 9194 SHOAL CREEK DR | $475,000 | 2,691 | $177 | 2004 | 2/4/2009 |
| 9287 SHOAL CREEK DR | $525,000 | 4,413 | $119 | 2006 | 12/23/2008 |
| 2961 MEDINAH CT | $400,000 | 2,917 | $137 | 1988 | 12/5/2008 |
| 2649 WHARTON CIR | $750,000 | 4,357 | $172 | 2000 | 12/4/2008 |
| 3010 TRESTWICK WAY | $370,000 | 3,067 | $121 | 1991 | 12/3/2008 |
| 9079 SHOAL CREEK DR | $260,000 | 2,936 | $89 | 1999 | 11/10/2008 |
| 9085 SHOAL CREEK DR | $420,000 | 3,004 | $140 | 1999 | 9/26/2008 |
| 2704 WATERFORD GLEN CT | $1,050,000 | 3,923 | $268 | 2003 | 8/27/2008 |
| 9006 SHOAL CREEK DR | $435,000 | 3,619 | $120 | 1997 | 8/15/2008 |
| 2980 MEDINAH CT | $480,000 | 3,325 | $144 | 2000 | 8/8/2008 |
| 9676 DEER VALLEY DR | $675,000 | 3,924 | $172 | 2004 | 7/15/2008 |
| 2112 DORAL DR | $560,000 | 3,170 | $177 | 2005 | 7/15/2008 |
| 9203 SHOAL CREEK DR | $577,000 | 3,676 | $157 | 2004 | 7/11/2008 |
| 3022 EAGLE POINT WAY | $525,000 | 2,825 | $186 | 2006 | 7/8/2008 |
| 3022 EAGLE POINT WAY | $550,000 | 2,825 | $195 | 2006 | 7/7/2008 |
| 3031 GOLDEN EAGLE DR E | $338,700 | 3,327 | $102 | 1992 | 6/26/2008 |
| 9699 PRESTANCIA WAY | $415,000 | 3,025 | $137 | 2006 | 6/17/2008 |
| 2322 COBB DR | $375,000 | 2,506 | $150 | 1999 | 6/16/2008 |
| 2322 COBB DR | $375,000 | 2,506 | $150 | 1999 | 6/16/2008 |
| 8332 INVERNESS DR | $418,000 | 2,852 | $147 | 2001 | 5/23/2008 |
| 2106 DORAL DR | $472,500 | 2,800 | $169 | 2000 | 5/2/2008 |
| 8978 WINGED FOOT DR | $499,000 | 3,129 | $159 | 2002 | 4/29/2008 |
| 9026 WINGED FOOT DR | $425,000 | 2,910 | $146 | 1993 | 4/18/2008 |
| 9664 DEER VALLEY DR | $1,000,000 | 5,019 | $199 | 2003 | 4/9/2008 |
| 2916 ROYAL ISLE DR | $480,000 | 2,701 | $178 | 2005 | 3/26/2008 |
| 2667 WHARTON CIR | $535,000 | 3,140 | $170 | 1997 | 3/17/2008 |
| 8338 INVERNESS DR | $450,000 | 2,959 | $152 | 1999 | 2/15/2008 |
| 2916 ROYAL ISLE DR | $480,000 | 2,701 | $178 | 2005 | 2/14/2008 |
| 2262 COBB DR | $477,800 | 3,471 | $138 | 2006 | 2/12/2008 |
| 8527 HEATHCLIFF CT | $409,000 | 2,743 | $149 | 2001 | 2/11/2008 |
| 3042 SAINT ANDREWS WAY | $467,500 | 3,159 | $148 | 2004 | 1/9/2008 |
| 2961 MEDINAH CT | $439,000 | 2,917 | $150 | 1988 | 12/19/2007 |
| 2977 SAINT STEVENS DR | $425,000 | 3,133 | $136 | 1990 | 12/18/2007 |
| 2966 GOLDEN EAGLE DR E | $505,000 | 3,240 | $156 | 1987 | 11/30/2007 |
| 9006 SHOAL CREEK DR | $524,000 | 3,619 | $145 | 1997 | 11/11/2007 |
| 3009 GOLDEN EAGLE DR E | $510,000 | 3,311 | $154 | 1997 | 10/23/2007 |
| 9635 DEER VALLEY DR | $595,000 | 3,504 | $170 | 2005 | 9/28/2007 |
| 3047 SAINT ANDREWS WAY | $599,900 | 3,731 | $161 | 2005 | 9/20/2007 |
| 8997 GLEN EAGLE WAY | $487,000 | 3,082 | $158 | 1991 | 8/31/2007 |
| 2631 WHARTON CIR | $512,000 | 3,104 | $165 | 2001 | 8/31/2007 |
| 8555 CONGRESSIONAL DR | $467,000 | 3,071 | $152 | 1992 | 8/30/2007 |
| 2631 WHARTON CIR | $574,300 | 3,104 | $185 | 2001 | 8/30/2007 |
| 8886 CALEDONIAN CT | $415,000 | 2,651 | $157 | 1996 | 8/21/2007 |
| 9036 WINGED FOOT DR | $512,000 | 2,949 | $174 | 1993 | 8/17/2007 |
| 2911 ROYAL ISLE DR | $1,250,000 | 4,643 | $269 | 2004 | 8/16/2007 |
| 8963 WINGED FOOT DR | $453,000 | 3,000 | $151 | 2002 | 7/31/2007 |
| 9694 PEBBLE BEACH WAY | $445,000 | 2,727 | $163 | 2004 | 7/30/2007 |
| 8326 INVERNESS DR | $445,000 | 2,754 | $162 | 1998 | 7/19/2007 |
| 2292 COBB DR | $706,300 | 3,507 | $201 | 2004 | 7/18/2007 |
| 8881 WINGED FOOT DR | $546,500 | 2,973 | $184 | 2001 | 7/5/2007 |
| 9200 SHOAL CREEK DR | $575,000 | 3,143 | $183 | 2005 | 6/29/2007 |
| 2146 GOLDEN EAGLE DR W | $750,000 | 4,158 | $180 | 2001 | 6/25/2007 |
| 2146 GOLDEN EAGLE DR W | $825,000 | 4,158 | $198 | 2001 | 6/25/2007 |
| 8912 WINGED FOOT DR | $775,000 | 3,027 | $256 | 2000 | 6/25/2007 |
| 2714 WHARTON CIR | $530,000 | 3,005 | $176 | 2002 | 6/7/2007 |
| 9196 SHOAL CREEK DR | $650,000 | 3,637 | $179 | 2004 | 5/31/2007 |
| 9670 PEBBLE BEACH WAY | $485,000 | 2,977 | $163 | 2004 | 5/14/2007 |
| 9085 SHOAL CREEK DR | $482,500 | 3,004 | $161 | 1999 | 5/7/2007 |
| 2215 GENEVIEVE CT | $558,000 | 2,771 | $201 | 1997 | 4/17/2007 |
| 2950 GOLDEN EAGLE DR E | $475,900 | 2,581 | $184 | 1998 | 4/6/2007 |
| 2972 MEDINAH CT | $409,000 | 2,360 | $173 | 1990 | 2/21/2007 |
| 2281 COBB DR | $456,000 | 3,022 | $151 | 2/20/2007 | |
| 8527 HEATHCLIFF CT | $463,000 | 2,743 | $169 | 2001 | 1/19/2007 |
| 2161 AMANDA MAE CT | $432,500 | 2,634 | $164 | 1998 | 1/12/2007 |
| 3006 GOLDEN EAGLE DR E | $1,250,000 | 5,428 | $230 | 1/5/2007 |
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WARNING: The Internet & digital marketing systems have changed the way sellers need to market a home for sale. It's not about getting a home sold anymore, it's about getting a home sold and netting the most money from the sale.
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