Home Sales In Golden Eagle Plantation
Neighborhood reports have always been popular when we do them both here in the blog as well as on the Tallahassee Real Estate Web Site. It seems that many people in Tallahassee want to know what's happening with home valuations in the many Tallahassee subdivisions that we have.
A Tallahassee neighborhood that we have featured for several years now is Golden Eagle Plantation. One of several golf course communities in the northeast side of Tallahassee, Golden Eagle offers larger homes with golf course and lake view properties, all bundled inside of a gated community.
Because we discuss valuations in the Tallahassee Real Estate Blog on a regular basis, I will assume the reader knows that all of the Tallahassee housing market is in a decline, both in the number of homes sold as well as in the values of the homes sold. Today, we will take a look at how Golden Eagle Plantation is doing and whether or not its decline is consistent with the rest of the Tallahassee real estate market.
Home Sales In Golden Eagle Plantation
The following real estate graph shows the one-year trend of homes sold and home values (price per square foot) in Golden Eagle Plantation. It is important to note that this is no way to determine the value of a single property in Golden Eagle because this is just a global view.
Just looking at square footage does not take into account the many amenities each home has, including what type of lot the homes are on. Lake front and golf course front lots are not given any more weighted value than a home on the interior of Golden Eagle Plantation. For the purpose of our market trend, this is fine. To determine a single property's value, one must consider all of the amenities that come with the home.
When looking at the graph of home sales in Golden Eagle, we see the unit trend has fallen from over 8 home sales per month in November of 2005 to just under 2 home sales per month as of last month. That is a decline of 76% which is a little bit higher than the average decline in the Tallahassee housing market.
The average home price in Golden Eagle Plantation has seen its price trend decline from just under $184 per foot in June of 2007 to just over $148 per month as of last month. That is a decline of 11%, which is a good bit lower than the average decline in the Tallahassee housing market.
It appears as if home owners in Golden Eagle are willing to wait to get their prices, as typically is the case when you see unit sales drop significantly without prices mirroring the unit sales rate of decline. Time will tell if we will start seeing many home owners lower their prices to increase the rate of sales.
Recent Home Sales In Golden Eagle Plantation
|Golden Eagle Address||Price||Sale Date||Size (Sqft)||Year Built|
|2624 WHARTON CIR||$495,000||7/9/2009||3,450||2000|
|9686 PRESTANCIA WAY||$430,000||7/2/2009||3,338||2004|
|2974 GOLDEN EAGLE DR E||$535,000||7/1/2009||5,493||1988|
|2031 HERB CT||$475,000||6/12/2009||3,237||1998|
|9233 SHOAL CREEK DR||$435,000||6/10/2009||2,618||2007|
|9085 SHOAL CREEK DR||$420,000||5/5/2009||3,004||1999|
|2287 COBB DR||$400,000||3/14/2009||2,865||2001|
|9688 DANCING RABBIT WAY||$517,500||3/4/2009||3,465||2004|
|9015 WINGED FOOT DR||$782,500||2/26/2009||4,021||2002|
|2893 ROYAL ISLE DR||$545,000||2/17/2009||4,209||2005|
|2709 WHARTON CIR||$330,000||2/6/2009||2,681||1999|
|9194 SHOAL CREEK DR||$475,000||2/4/2009||2,691||2004|
|9591 DEER VALLEY DR||$725,000||2/4/2009||4,300||2008|
|9287 SHOAL CREEK DR||$525,000||12/23/2008||4,413||2006|
|2961 MEDINAH CT||$400,000||12/5/2008||2,917||1988|
|2649 WHARTON CIR||$750,000||12/4/2008||4,357||2000|
|3010 TRESTWICK WAY||$370,000||12/3/2008||3,067||1991|
|9079 SHOAL CREEK DR||$260,000||11/10/2008||2,936||1999|
|9598 DEER VALLEY DR||$750,000||10/3/2008||3,939||2005|
|9085 SHOAL CREEK DR||$420,000||9/26/2008||3,004||1999|
|2704 WATERFORD GLEN CT||$1,050,000||8/27/2008||3,923||2003|
|9006 SHOAL CREEK DR||$435,000||8/15/2008||3,619||1997|
|2980 MEDINAH CT||$480,000||8/8/2008||3,325||2000|
|9167 SHOAL CREEK DR||$440,000||7/21/2008||2,618||2007|
|2893 ROYAL ISLE DR||$601,300||7/16/2008||4,209||2005|
|9287 SHOAL CREEK DR||$601,300||7/16/2008||4,413||2006|
|2112 DORAL DR||$560,000||7/15/2008||3,170||2005|
|9676 DEER VALLEY DR||$675,000||7/15/2008||3,924||2004|
|9203 SHOAL CREEK DR||$577,000||7/11/2008||3,676||2004|
|3022 EAGLE POINT WAY||$525,000||7/8/2008||2,825||2006|
|3031 GOLDEN EAGLE DR E||$338,700||6/26/2008||3,327||1992|
|9699 PRESTANCIA WAY||$415,000||6/17/2008||3,025||2006|
|2322 COBB DR||$375,000||6/16/2008||2,506||1999|
|3082 SAINT ANDREWS WAY||$499,000||6/6/2008||3,098||2006|
|8332 INVERNESS DR||$418,000||5/23/2008||2,852||2001|
|3224 PABLO CREEK WAY||$750,000||5/19/2008||3,400||2008|
|2106 DORAL DR||$472,500||5/2/2008||2,800||2000|
|8978 WINGED FOOT DR||$499,000||4/29/2008||3,129||2002|
|9026 WINGED FOOT DR||$425,000||4/18/2008||2,910||1993|
|3225 PABLO CREEK WAY||$180,000||4/11/2008||3,263||2005|
|9664 DEER VALLEY DR||$1,000,000||4/9/2008||5,019||2003|
|2916 ROYAL ISLE DR||$480,000||3/26/2008||2,701||2005|
|2667 WHARTON CIR||$535,000||3/17/2008||3,140||1997|
|8338 INVERNESS DR||$450,000||2/15/2008||2,959||1999|
|9208 SHOAL CREEK DR||$500,000||2/15/2008||2,942||2007|
|2916 ROYAL ISLE DR||$480,000||2/14/2008||2,701||2005|
|3418 OSPREY RIDGE CT||$780,000||2/14/2008||4,400||2008|
|2262 COBB DR||$477,800||2/12/2008||3,471||2006|
|8527 HEATHCLIFF CT||$409,000||2/11/2008||2,743||2001|
|3042 SAINT ANDREWS WAY||$467,500||1/9/2008||3,159||2004|
|2961 MEDINAH CT||$439,000||12/19/2007||2,917||1988|
|2977 SAINT STEVENS DR||$425,000||12/18/2007||3,133||1990|
|2966 GOLDEN EAGLE DR E||$505,000||11/30/2007||3,240||1987|
|9006 SHOAL CREEK DR||$524,000||11/11/2007||3,619||1997|
|2880 ROYAL ISLE DR||$600,000||11/9/2007||3,705||2007|
|3009 GOLDEN EAGLE DR E||$510,000||10/23/2007||3,311||1997|
|3031 GOLDEN EAGLE DR E||$412,000||10/17/2007||3,327||1992|
|9635 DEER VALLEY DR||$595,000||9/28/2007||3,504||2005|
|3047 SAINT ANDREWS WAY||$599,900||9/20/2007||3,731||2005|
|8997 GLEN EAGLE WAY||$487,000||8/31/2007||3,082||1991|
|2631 WHARTON CIR||$512,000||8/31/2007||3,104||2001|
|3064 SAINT ANDREWS WAY||$686,500||8/31/2007||4,338||2007|
|8555 CONGRESSIONAL DR||$467,000||8/30/2007||3,071||1992|
|2631 WHARTON CIR||$574,300||8/30/2007||3,104||2001|
|8886 CALEDONIAN CT||$415,000||8/21/2007||2,651||1996|
|9036 WINGED FOOT DR||$512,000||8/17/2007||2,949||1993|
|2911 ROYAL ISLE DR||$1,250,000||8/16/2007||4,643||2004|
|8963 WINGED FOOT DR||$453,000||7/31/2007||3,000||2002|
|9694 PEBBLE BEACH WAY||$445,000||7/30/2007||2,727||2004|
|8326 INVERNESS DR||$445,000||7/19/2007||2,754||1998|
|8326 INVERNESS DR||$445,000||7/19/2007||2,754||1998|
|2292 COBB DR||$706,300||7/18/2007||3,507||2004|
|8881 WINGED FOOT DR||$546,500||7/5/2007||2,973||2001|
|9200 SHOAL CREEK DR||$575,000||6/29/2007||3,143||2005|
|8912 WINGED FOOT DR||$775,000||6/25/2007||3,027||2000|
|2146 GOLDEN EAGLE DR W||$750,000||6/25/2007||4,158||2001|
|2146 GOLDEN EAGLE DR W||$825,000||6/25/2007||4,158||2001|
|2714 WHARTON CIR||$530,000||6/7/2007||3,005||2002|
|9196 SHOAL CREEK DR||$650,000||5/31/2007||3,637||2004|
|9251 SHOAL CREEK DR||$950,000||5/16/2007||4,948||2007|
|9670 PEBBLE BEACH WAY||$485,000||5/14/2007||2,977||2004|
|9085 SHOAL CREEK DR||$482,500||5/7/2007||3,004||1999|
|2215 GENEVIEVE CT||$558,000||4/17/2007||2,771||1997|
|2950 GOLDEN EAGLE DR E||$475,900||4/6/2007||2,581||1998|
|9585 DEER VALLEY DR||$837,500||3/13/2007||4,520||2007|
|2972 MEDINAH CT||$409,000||2/21/2007||2,360||1990|
|2281 COBB DR||$456,000||2/20/2007||3,356||2000|
|8527 HEATHCLIFF CT||$463,000||1/19/2007||2,743||2001|
|2161 AMANDA MAE CT||$432,500||1/12/2007||2,634||1998|
|9197 SHOAL CREEK DR||$535,000||1/12/2007||2,953||2006|
|3006 GOLDEN EAGLE DR E||$1,250,000||1/5/2007||5,428|
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Joe Manausa is a real estate blogger, a real estate investor and the Broker and Co-Owner of Joe Manausa Real Estate. He can be reached via e-mail through the Tallahassee Real Estate Website or catch his latest writings on the Tallahassee Florida Real Estate Blog , or by calling (850) 386-2001.
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