Killearn Acres Housing Report March 2015

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Located on the NE side of Tallahassee and contiguous with the northern boundary of Killearn Estates, Killearn Acres serves up median priced homes (and up 20%) in a high-demand location.

Killearn Acres is a great solution for both first-time home buyers and investors who are seeking stable rents with long-term property appreciation.

In this report, we will examine recent trends for home prices, home values, and sizes of homes in Killearn Acres, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 2002.

Home Prices In Killearn Acres

The Killearn Acres Home Owners Association website contains news, updates, and documents pertinent to people who are living there or who are considering moving there. You can find the HOA website here.

For the real estate graphs found in this report, you can observe the number of closed home sales for each year (blue columns, measured on the left vertical axis), and an important real estate statistic shown in red (measured on the right vertical axis. It is important to note that sales are through December for all previous years, but through mid March in 2014.

Average home prices dipped 8% in 2014 versus 2013, but have recovered nicely thus far in 2015. Home prices are currently 27% below the peak of the market prices established in 2006. Distressed home sales are occurring at a rate a bit higher than other neighborhoods in Tallahassee are seeing, and this certainly has a negative impact on the average home sales price. The average recorded sales price is $167,500 for Killearn Acres thus far in 2015.

Average Home Price

Home sales activity last year was consistent with what we have seen over the past seven years, but still well below the levels recorded during the most active years from 2002 through 2006. Thus far in 2015, there have only been 6 closed home sales in Killearn Acres.

Home Values

Average home values in Killearn Acres have not moved much since 2013, maintaining about $100 per square foot since hopping up from the bottom in 2012.

Average Home Value

Through March, the average value of a home sold in Killearn Acres has been $100 per square foot. This is up 5% over the bottom reached in 2012, but still down about 24% from the market high set back in 2007. This means that many homeowners who have purchased or refinanced in the past 10 years have no equity in their homes.

Where is the Tallahassee market headed?

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Home Sizes

The average home size sold in Killearn Acres typically falls in a range of 1,450 to 1,750 square feet, and this year buyers have been selecting the larger homes.

Average Home Size

The 6 sales thus far in 2014 have averaged 1,680 square feet.

Homes On The Market In Killearn Acres

The following list of homes are the most recent listings in Killearn Acres.

Killearn Acres

Killearn Acres

9 Properties
3256 Apollo Trail
Tallahassee, FL, 32309
Beds3Baths2MLS#406632
6712 Tomy Lee Trail
Tallahassee, FL, 32309
Beds3Baths2MLS#404059
6451 Cavalcade Trail
Tallahassee, FL, 32309
Beds3Baths2MLS#405353
6503 Man O War Trail
Tallahassee, FL, 32309
Beds3Baths2MLS#405342
6447 Joe Cotton Trail
Tallahassee, FL, 32309
Beds3Baths2MLS#401394
6745 ALAN A DALE Street
Tallahassee, FL, 32309
Beds3Baths2MLS#405904
6538 Iron Liege Trail
Tallahassee, FL, 32309
Beds3Baths2MLS#406353
6847 TOMY LEE Trail
Tallahassee, FL, 32309
Beds3Baths2MLS#405832
6724 Apollo Trail
Tallahassee, FL, 32309
Beds3Baths2MLS#404195

Homes Sold In Killearn Acres

The following list shows home sales going back to 1991 in Killearn Acres.

Home Sales in Killearn Acres

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
6429 Jet Pilot Trl$260,200$1512026-10-0919861,718Resale
6704 Johnstown Loop$340,000$1802026-10-0219841,888Resale
6708 Chant Trl$335,000$2422026-10-0219791,386Resale
6842 Donerail Trl$295,000$2352026-09-3019811,253Resale
3257 Lord Murphy Trl$270,000$1492026-09-2919891,815Resale
3335 Gallant Fox Trl$325,000$2202026-09-1819841,480Resale
3208 Majestic Prince Trl$355,000$2542026-09-1019901,397Resale
4983 Pimlico Dr$327,800$1982026-09-1019881,653Resale
6705 Tim Tam Trl$325,000$1882026-08-3119831,726Resale
6838 Hill Gail Trl$345,000$2562026-08-1419871,349Resale
6515 Man O War Trl$319,300$2652026-08-0419871,205Resale
3201 Whirlaway Trl$300,000$2022026-07-3119791,486Resale
6516 Montrose Trl$305,000$2082026-07-3119831,465Resale
6842 Donerail Trl$190,000$1522026-07-3019811,253Resale
3516 Whirlaway Trl$395,000$2052026-07-2919891,924Resale
6728 Apollo Trl$180,000$1122026-07-1619791,610Resale
6727 Johnstown Loop$314,000$2332026-06-2619861,347Resale
4891 Pimlico Dr$297,500$2042026-06-2619811,456Resale
3300 Gallant Fox Trl$315,000$2012026-06-2519781,569Resale
6047 Pimlico Ct$625,000$2182026-06-1519942,864Resale
5135 Pimlico Dr$760,000$2312026-06-0920003,288Resale
3229 Majestic Prince Trl$294,000$2042026-06-0819821,440Resale
6845 Hill Gail Trl$284,500$2312026-06-0519831,233Resale
6455 Joe Cotton Trl$320,000$2182026-06-0319831,468Resale
5024 Pimlico Dr$315,000$2102026-05-1119831,500Resale
6708 Johnstown Loop$380,000$2102026-05-0719841,808Resale
6525 Iron Liege Trl$310,000$2212026-04-2219831,403Resale
6620 Reigh Count Trl$310,000$2322026-04-1719881,336Resale
3413 Native Dancer Trl$325,000$2142026-04-1519781,516Resale
6842 Hill Gail Trl$360,000$2842026-04-1319881,266Resale
6615 Kingman Trl$495,000$2212026-04-1020062,240Resale
3228 Lord Murphy Trl$289,000$1572026-04-0319891,836Resale
2956 Whirlaway Trl$352,000$2082026-03-3119801,693Resale
6448 Joe Cotton Trl$299,000$1532026-03-1819821,957Resale
6712 Tim Tam Trl$275,000$2022026-03-1219841,362Resale
6605 Donerail Trl$385,000$2402026-03-1219941,606Resale
6348 Count Fleet Trl$450,000$3002026-03-0219791,500Resale
3504 Whirlaway Trl$320,000$1632026-02-2719811,968Resale
6428 Count Turf Trl$359,900$2232026-02-2619841,612Resale
6631 Kingman Trl$330,000$2292026-02-2019791,444Resale
6605 Tomy Lee Trl$308,000$2532026-02-1819941,217Resale
6530 Iron Liege Trl$327,400$2222026-02-1819831,476Resale
5328 Ben Brush Trl$465,000$2072026-01-2919832,248Resale
5257 Pimlico Dr$560,000$2182026-01-2319862,571Resale
6615 Kingman Trl$285,000$1272026-01-1320062,240Resale
3105 Elwood Trl$305,000$1862026-01-0919911,640Resale
3132 Lookout Trl$432,000$2072026-01-0519852,087Resale
6528 Kingman Trl$330,000$1872026-01-0519791,764Resale
6704 Kauai King Trl$324,900$2122025-12-3019871,534Resale
6632 Tim Tam Trl$270,000$1712025-12-1219891,578Resale
3248 Black Gold Trl$335,000$2022025-11-2619791,661Resale
6842 Hill Gail Trl$290,000$2292025-11-1719881,266Resale
6609 Tomy Lee Trl$299,000$2222025-11-1319881,344Resale
5281 Pimlico Dr$470,000$2462025-10-2219871,910Resale
6701 Tim Tam Trl$405,000$2132025-10-2119861,901Resale
6433 Kingman Trl$320,000$1932025-10-1619791,660Resale
2964 Whirlaway Trl$275,000$2262025-10-0319831,216Resale
3512 Whirlaway Trl$402,500$1822025-09-0519782,207Resale
5313 Ben Brush Trl$371,000$1652025-08-2819852,242Resale
6842 Tomy Lee Trl$278,000$1862025-08-2219811,498Resale
2903 Whirlaway Trl$330,000$2002025-08-1119891,650Resale
3231 Gallant Fox Trl$385,000$1632025-07-3119792,357Resale
3204 Gallant Fox Trl$345,000$2142025-07-3120041,609Resale
6416 Dancers Image Trl$315,000$2152025-07-2319781,468Resale
6557 Alan A Dale Trl$349,900$2052025-07-0319881,703Resale
6812 Hill Gail Trl$290,000$2252025-07-0119841,287Resale
6528 Montrose Trl$300,000$2382025-06-3019811,260Resale
6427 Count Turf Trl$329,000$1872025-06-3019771,758Resale
3314 Lucky Debonair Trl$320,000$1892025-06-2520021,696Resale
6847 Donerail Trl$300,000$2072025-06-2319801,446Resale
3224 Lord Murphy Trl$345,000$2462025-06-1620041,402Resale
6815 Tomy Lee Trl$275,000$2302025-06-1219851,195Resale
6152 Pimlico Ct$695,000$2172025-06-1119853,201Resale
6447 Joe Cotton Trl$342,500$2222025-06-0919891,545Resale
2912 Gallahadion Ct$370,000$2252025-06-0319841,646Resale
6440 Dancers Image Trl$360,000$1912025-06-0319891,881Resale
3228 Black Gold Trl$307,500$1922025-05-2319781,598Resale
6609 Tomy Lee Trl$210,000$1562025-05-1419881,344Resale
6716 Tim Tam Trl$324,900$2262025-04-2919861,440Resale
6808 Hill Gail Trl$335,000$2792025-04-2419851,200Resale
6928 Tomy Lee Trl$315,000$2302025-03-2719881,371Resale
3267 Lord Murphy Trl$356,000$2302025-03-1819871,548Resale
3204 Lord Murphy Trl$350,000$2282025-02-2819841,534Resale
6715 Kauai King Trl$360,000$2422025-02-2719941,490Resale
6447 Cavalcade Trl$307,500$1742025-02-1919771,764Resale
6416 Bold Venture Trl$275,000$2252025-02-0719801,220Resale
6800 Hill Gail Trl$280,000$2262025-01-3119811,238Resale
6180 Pimlico Ct$530,000$1702025-01-3019903,124Resale
6663 Kingman Trl$359,900$2472025-01-2419791,460Resale
3012 Pink Star Ct$329,000$2362025-01-2419851,396Resale
4987 Pimlico Dr$350,000$2092024-12-1619881,676Resale
6412 Count Turf Trl$172,500$1082024-12-1319771,604Resale
6431 Count Turf Trl$319,000$2192024-12-1219771,458Resale
6823 Hill Gail Trl$315,000$2202024-12-0419891,432Resale
6684 Kingman Trl$350,000$2132024-11-1519931,644Resale
6644 Kingman Trl$371,500$2012024-11-0820081,844Resale
6420 Cavalcade Trl$315,000$2242024-11-0719861,406Resale
3072 Whirlaway Trl$330,000$2292024-10-2319881,440Resale
6444 Joe Cotton Trl$292,500$2102024-10-0319811,392Resale
3345 Lucky Debonair Trl$269,900$1892024-09-1319861,431Resale

I hope you enjoyed our March 2015 update on home sales in Killearn Acres, please feel free to drop me a note if you have questions not covered in this report.

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