Killearn Acres Real Estate Report September 2015

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Killearn Acres is a popular neighborhood on the Northeast side of Tallahassee which continually ranks among the most active communities in our area.

With more than 1,400 three and four bedroom homes, Killearn Acres attracts buyers who want to be close to restaurants, shopping, churches and some of the higher ranking schools in Leon County.

Additionally, as it is situated along the northern border of Killearn Estates, Killearn Acres also is exposed to the traffic that its large neighbor draws. Considering that more than half of all home sales recorded in Tallahassee fall in the NE quadrant, you can expect Killearn Acres to only get busier as the real estate market recovery gains momentum.

So take a look at the current situation in Killearn Acres, including average home prices, home values, and home sizes, as well as all current listings in the Tallahassee MLS and closed home sales going back to 1991.

For the real estate graphs found in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic 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 fourth week of September in 2015. 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 Killearn Acres).

Home Prices

Average home prices are up more than 14% thus far in 2015, fully recovering the decline posted in 2014. Home prices are currently 18% below the peak of the market prices established in 2007. Low prices and low mortgage interest rates continue to make Killearn Acres one of the top-10 selling neighborhoods in Tallahassee. The average recorded sales price is $173,000 for Killearn Acres thus far in 2015.

Average Home Price

Home sales activity is very active, and closings through this writing already surprise each entire year going back to 2009. It is very likely that this will be the best year for home sales in Killearn Acres since 2006, though the pace of sales is still far lower than what was posted during the 1990s. Thus far in 2015, there have been 62 closed home sales in Killearn Acres.

Home Values

Average home values in Killearn Acres have been fairly stable since 2012, but I suspect it is time that we start to see values rise above a four year plateau. There will be fewer short sales and foreclosures moving forward, thus fewer distressed homes to hold down home values.

Average Home Value

Through the fourth week of September, the average value of a home sold in Killearn Acres has been $104 per square foot. This is up 11% over the bottom reached in 2011, but still down about 22% from the market high set back in 2007. This means that hundreds of homeowners who have purchased or refinanced their homes within the past ten years still owe more on their homes than they could repay with a sale.

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Home Sizes

The average home size sold in Killearn Acres typically falls in a range of 1,500 to 1,600 square feet, but this year buyers have been selecting the larger homes.

Average Home Size

In fact, the 62 sales thus far in 2015 have averaged a whopping 1,628 square feet, the highest average size ever recorded in a year.

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 September 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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