Home Sales In Killearn Estates Show "Size Matters"

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Home sales in Killearn Estates have slowed from the rebounding pace that occurred in 2010, and home values continue to decline. Home sellers who listened to good advice got their home sold this year, while those that did not remain on the market and hoping for values that will not come.

Currently, there are 72 homes for sale in Killearn Estates in the Tallahassee MLS, and we know of many more that have tried to sell in the recent past that most likely will be re-entering the housing market next year.

As we study recent home sales in Killearn Estates, we find results similar to our recent real estate appreciation case study of the 32312 zip code. The average selling price of a home sold in Killearn Estates is on the rise, even as home values continue to fall. Buyers are simply choosing to purchase the larger homes, sending a signal that low interest rates are allowing them to spend more, but they are still very choosy and value conscious when the buy.

Home Sales In Killearn Estates

2011 home sales in Killearn Estates have seen an average price increase of 5% over those that sold last year. On the surface, this might appear to be good news if you need to sell a home in Killearn Estates, but our further graphs show that the average home sales price graph is more a sign of what buyers are prepared to spend, rather than what homes are worth.

Killearn Estates Home Prices

Home Values In Killearn Estates

When we look at recent home sales in Killearn Estates and plot the average price per square foot, we get a better view of the real estate depreciation that is still occurring in all of the Tallahassee real estate market. In the real estate graph below, we see that home values in Killearn Estates have declined 6% thus far in 2011, and that the rise in average prices that we saw above must be based upon something other than home values.

Killearn Estate Home Values

Average Size Of Homes Sold In Killearn Estates

The final graph shows the average size of homes sold each year in Killearn Estates. The tremendous rise in the size of homes that are selling is clearly seen below, and it is the reason that the average sales price is higher even when values are declining. Home buyers have great opportunities in our market, and low interest rates are making for super purchases with very low monthly payments. This means that many are choosing to “buy bigger,” without having to spend more than they want.

Home Sales In Killearn Estates

If you own a home in Killearn Estates and want advice on what you can get, just drop me a note and we can schedule a time to review all of your options, as well as the real market data that will show you an anticipated selling price. Remember, home values are declining, and our supply levels indicate that this trend will continue for quite some time. Take action today by either choosing to sell your home right away, or by choosing to hold on to your home for five or more years to allow the market to rebound to higher prices.

Homes For Sale In Killearn Estates

Recorded Home Sales In Killearn Estates

The following is a list of all homes sold in Killearn Estates (recorded in the Tallahassee MLS).

Home Sales in Killearn Estates

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
4034 Delvin Dr$379,000$2182026-10-0919731,740Resale
3113 Shannon Lakes N$455,000$2052026-10-0519862,222Resale
2933 Tipperary Ct$395,000$2062026-10-0119711,921Resale
2348 Ryan Pl$215,000$1812026-09-3019831,188Resale
4019 Kilmartin Dr$435,000$2042026-09-2819872,132Resale
2970 Bay Shore Dr$280,000$1992026-09-2519941,406Resale
3005 Tipperary Dr$325,000$2202026-09-2419691,478Resale
3708 Galway Dr$317,000$1172026-09-1119712,702Resale
4412 Bay Shore Cir$310,000$2352026-09-1019811,320Resale
4421 Siesta Ct$272,500$2102026-09-1020001,298Resale
4426 Bay Shore Cir$317,500$2322026-09-0819821,367Resale
3123 Shamrock E$435,000$2042026-09-0419852,134Resale
3750 Shamrock W$499,900$2262026-09-0119722,214Resale
3175 Ferns Glen Dr$550,000$1682026-08-3119793,268Resale
3510 Tullamore Ln$380,000$1502026-08-2819722,539Resale
3904 Shamrock W$584,900$2402026-08-2719752,433Resale
3301 Clifden Dr$450,000$1542026-08-2619872,922Resale
3139 Shamrock E$513,000$2042026-08-2619862,510Resale
4133 Arklow Dr$370,000$1942026-08-2419731,905Resale
2317 Limerick Dr$490,000$1602026-08-1919673,056Resale
3133 Tipperary Dr$360,000$2072026-08-1019691,741Resale
4451 Corbin Ct$315,000$2182026-08-1019941,445Resale
4419 Stratfordshire Ct$249,900$1842026-08-1019891,360Resale
2805 Tipperary Dr$365,000$2152026-07-3119711,700Resale
3721 Longford Dr$530,000$2122026-07-3019752,495Resale
3056 Corrib Dr$420,000$2212026-07-2819691,902Resale
3207 Shamrock E Apt 7$240,000$1532026-07-2419841,568Resale
4032 Ardara Dr$400,000$2132026-07-2319741,877Resale
2524 Limerick Dr$403,000$2312026-07-1719701,745Resale
3194 Ferns Glen Dr$300,000$1332026-07-1019882,251Resale
2733 Newmarket Cir$378,500$2362026-07-1019951,607Resale
2965 Shamrock N Unit 24$220,000$1742026-07-0919781,262Resale
3726 Wicklow Cir$430,000$1642026-07-0819782,615Resale
3900 Shamrock W$650,000$2142026-06-3019773,037Resale
3761 Donovan Dr$165,500$1542026-06-3019811,074Resale
3004 Ironwood Dr$259,000$1752026-06-2419831,480Resale
2021 Quinn Ct$444,000$2312026-06-2219811,923Resale
3074 White Ibis Way$534,900$1862026-06-1820032,875Resale
4076 Roscrea Dr$539,900$2302026-06-1119752,343Resale
3025 Corrib Dr$365,000$1542026-06-1019702,364Resale
3228 Cranleigh Dr$375,000$2212026-06-0519791,698Resale
3081 White Ibis Way$454,000$2092026-06-0519962,173Resale
2644 Bantry Bay Dr$630,000$2462026-06-0419772,563Resale
2926 Shamrock S$475,000$1792026-06-0319762,648Resale
4671 Inisheer Dr$355,000$2022026-06-0219891,761Resale
2808 Shamrock N$499,000$2182026-06-0119722,292Resale
3260 Shannon Lakes N$550,000$2442026-06-0119892,252Resale
2949 Tipperary Dr$320,000$1632026-06-0119691,966Resale
3417 Castlebar Cir$475,000$1982026-05-2919702,398Resale
2836 Fitzpatrick Dr$495,000$2042026-05-2819882,424Resale
4017 Kilmartin Dr$450,000$2732026-05-1819871,648Resale
4498 Corbin Ct$330,000$1972026-05-1819941,675Resale
3516 Clifden Dr$300,000$1802026-05-1319861,668Resale
3423 Jonathans Landing Rd$627,500$2412026-05-1319872,607Resale
3348 Piping Rock$425,000$1882026-05-0719982,263Resale
5308 Kilrush Ct$385,000$2072026-05-0519861,858Resale
2780 Kinsail Dr$229,900$1602026-05-0519901,440Resale
4301 River Chase$495,000$2362026-05-0519972,099Resale
3059 Shannon Lakes N$440,000$2292026-04-2919901,920Resale
5101 Pimlico Dr$450,000$2212026-04-2819812,035Resale
2631 Bantry Bay Dr$465,000$1902026-04-2419742,443Resale
3194 Shamrock E$575,000$2162026-04-2419912,659Resale
2234 Monaghan Dr$385,000$2052026-04-1719681,882Resale
2813 Shamrock N$737,000$1592026-04-1719714,639Resale
3413 Killimore Ct$375,000$2152026-04-1719861,743Resale
2238 Monaghan Dr$260,000$1002026-04-0919672,608Resale
2842 Ohara Dr$416,100$1872026-04-0819872,228Resale
2218 Killarney Way$660,000$1592026-04-0119694,158Resale
3049 Carlow Cir$439,900$1862026-04-0119692,368Resale
3141 Tipperary Dr$380,000$2722026-04-0119701,395Resale
3514 Westford Dr$492,500$1932026-03-2719672,558Resale
2605 Harwich Cir$336,000$2292026-03-2619891,465Resale
2965 Shamrock N Unit 39$195,000$1552026-03-2419781,262Resale
2600 Nantucket Ln$290,100$1992026-03-1719861,456Resale
3513 Fogarty Dr$405,000$1782026-03-1319862,275Resale
3212 Castle Ct$316,000$1702026-03-1219951,860Resale
3162 Corrib Dr$415,000$2012026-03-1019712,060Resale
2908 Tyron Cir$595,000$2992026-03-0919781,987Resale
4428 Siesta Ct$272,000$2152026-03-0620001,263Resale
3806 Leane Dr$430,000$2122026-03-0319712,030Resale
3884 Paddrick Dr$332,000$2252026-02-2619901,476Resale
3130 Shamrock E$499,000$2512026-02-2619851,992Resale
3036 Ironwood Dr$276,500$1872026-02-2519821,480Resale
3135 Shannon Lakes N$315,000$1612026-02-2019871,956Resale
3042 Fermanagh Dr$680,000$2002026-02-2019733,397Resale
3089 Sawgrass Cir$500,000$1882026-02-2020002,656Resale
4041 Delvin Dr$85,000$562026-02-1819731,510Resale
3708 Longchamp Cir$387,000$1722026-02-1719872,251Resale
3095 Shamrock N$585,000$2272026-02-1719972,582Resale
2632 Nantucket Ln$307,500$2222026-02-0419891,385Resale
2805 Tipperary Dr$260,000$1532026-02-0319711,700Resale
3178 Shamrock E$485,000$1892026-01-2919852,560Resale
3109 Shamrock S$432,500$2112026-01-2719732,046Resale
3343 Piping Rock$330,000$1922026-01-2319981,720Resale
2822 Yarmouth Ct$310,000$1852026-01-1419921,672Resale
4125 Tralee Rd$325,000$2132025-12-2919741,524Resale
2613 Nantucket Ln$310,000$2362025-12-2919871,314Resale
4431 Sierra Ct$335,000$2222025-12-1919981,511Resale
2427 Ryan Pl$225,000$1562025-12-1819801,440Resale
3724 Donovan Dr Apt A$196,000$1902025-12-1719921,032Resale

I hope you were able to learn something from this Killearn Estates Home Sales Report, please drop me a note if you have any other questions or concerns that I can help you with.

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