Killearn Estates Housing Report February 2015

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Killearn Estates is the iconic cornerstone of Northeast Tallahassee neighborhoods.

It began in the 1960s with the purchase of land from Velda Dairy Farm and was the first master planned community in Tallahassee. It features underground utilities, parks, lakes and a golf course as its centerpiece.

The homes in Killearn Estates were built from the 1960s to present day, though most were built 20 or more years ago. This means that there are plenty of great values (a lot of home for the money). Additionally, opportunities for buying and upgrading older homes on mature lots are an option for those wanting a newer home without the higher costs of building new today.

In this report, we will look at prices, values, and sizes of homes in Killearn Estates, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 2002.

Killearn Estates Home Prices

For all of the 3 real estate graphs found in this report, you will find 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 February in 2015.

Average home prices rose by 2 percent in 2014 versus 2013, moving from $223,000 to $227,400. Prices have recovered 11% since the bottom of the market was reached in 2012, but still remain 22% lower than the market peak of $290,800 that was recorded in 2006.

Killearn Estates Home Price

Home sales activity in 2014 was the best of the past 8 years, but still well below the levels recorded during the most active years from 2002 through 2005. There were 123 closed home sales in Killearn Estates in 2014 and there is still plenty of upside remaining for buyers.

Killearn Estates Home Values

Average home values in Killearn Estates rose 2% since over 2013, the second year in a row to see appreciation since the low set back in 2012.

Killearn Estates Home Value

In 2014, the average value of a home sold in Killearn Estates was $104 per square foot. This was 10% higher than home values at market bottom in 2012, but still down about 23% from the market high set back in 2006. This means that many homeowners who have purchased or refinanced in the past 8 years are still going to be dealing with negative equity situations.

Where is the Tallahassee market headed?

New articles as they publish, plus the Monday market report. Free, by email.

Killearn Estates Home Sizes

The average home size sold in Killearn Estates typically falls in a range of 2,000 to 2,300 square feet, and the results from 2014 show buyers right in the middle of this range.

Killearn Estates Home Size

The 123 homes sold in 2014 averaged 2,178 square feet.

Homes For Sale In Killearn Estates

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

[idx-listings linkid=”335124″ count=”10″ showlargerphotos=”true”]

Killearn Estates Home Sales

The following list shows home sales going back to 2002 in Killearn Estates.

Home Sales in Killearn Estates

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
3708 Galway Drive$317,000$1172026-09-1119712,702Resale
3123 Shamrock E$435,000$2042026-09-0419852,134Resale
3750 Shamrock West Street$499,900$2262026-09-0119722,214Resale
3301 Clifden Drive$450,000$1542026-08-2619872,922Resale
3139 Shamrock E$513,000$2042026-08-2619862,510Resale
4133 Arklow Drive$370,000$1942026-08-2419731,905Resale
2317 Limerick Drive$490,000$1602026-08-1919673,056Resale
4451 Corbin Ct$315,000$2182026-08-1019941,445Resale
4419 Stratfordshire Ct$249,900$1842026-08-1019891,360Resale
2805 Tipperary Drive$365,000$2152026-07-3119711,700Resale
3721 Longford Drive$530,000$2122026-07-3019752,495Resale
4032 Ardara Drive$400,000$2132026-07-2319741,877Resale
2733 Newmarket Cir$378,500$2362026-07-1019951,607Resale
3726 Wicklow Circle$430,000$1642026-07-0819782,615Resale
3074 White Ibis Way$534,900$1862026-06-1820032,875Resale
3521 Gardenview Way$400,000$2252026-06-1519971,778Resale
4076 Roscrea Drive$539,900$2302026-06-1119752,343Resale
3228 Cranleigh Drive$375,000$2212026-06-0519791,698Resale
3081 White Ibis Way$454,000$2092026-06-0519962,173Resale
2926 S Shamrock$475,000$1792026-06-0319762,648Resale
4671 Inisheer Drive$355,000$2022026-06-0219891,761Resale
2958 Giverny Cir$500,000$2092026-05-2819912,396Resale
2920 Springfield Dr$525,000$2432026-05-2719912,160Resale
2803 A J Henry Park Dr$529,000$2032026-05-2719912,600Resale
2926 Giverny Cir$430,000$2292026-05-2619921,880Resale
3606 Bellingrade Ct$500,000$2112026-05-2619952,375Resale
4017 Kilmartin Drive$450,000$2732026-05-1819871,648Resale
4498 Corbin Ct$330,000$1972026-05-1819941,675Resale
4439 Stratfordshire Ct$100,000$842026-05-1519911,194Resale
3307 Cameron Chase Dr$375,000$2162026-05-1420041,740Resale
3516 Clifden Drive$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 Court$385,000$2072026-05-0519861,858Resale
3370 Aqua Ridge Way$387,500$2202026-05-0520051,762Resale
2780 Kinsail Dr$229,900$1602026-05-0519901,440Resale
4301 River Chase$495,000$2362026-05-0519972,099Resale
3577 Stowe Trce$370,000$2172026-04-3019901,703Resale
3059 N Shannon Lakes Drive$440,000$2292026-04-2919901,920Resale
3470 Welwyn Way$367,500$1852026-04-2819951,989Resale
2631 Bantry Bay Drive$465,000$1902026-04-2419742,443Resale
3194 Shamrock E Street$575,000$2162026-04-2419912,659Resale
2813 N Shamrock$737,000$1592026-04-1719714,639Resale
3314 Dry Creek Dr$422,000$1982026-04-1620022,131Resale
2218 Killarney Way$660,000$1592026-04-0119694,158Resale
3049 Carlow Circle$439,900$1862026-04-0119692,368Resale
3141 Tipperary Drive$380,000$2722026-04-0119701,395Resale
3514 Westford Drive$492,500$1932026-03-2719672,558Resale
2605 Harwich Cir$336,000$2292026-03-2619891,465Resale
3462 Cameron Chase Dr$415,000$2072026-03-1720052,005Resale
2600 Nantucket Ln$290,100$1992026-03-1719861,456Resale
3162 Corrib Drive$415,000$2012026-03-1019712,060Resale
4428 Siesta Ct$272,000$2152026-03-0620001,263Resale
3806 Leane Drive$430,000$2122026-03-0319712,030Resale
3130 Shamrock E$499,000$2512026-02-2619851,992Resale
3135 N Shannon Lakes Drive$315,000$1612026-02-2019871,956Resale
3486 Colonnade Dr$435,000$2002026-02-2019932,174Resale
3042 Fermanagh Drive$680,000$2002026-02-2019733,397Resale
3089 Sawgrass Cir$500,000$1882026-02-2020002,656Resale
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
3178 E Shamrock$485,000$1892026-01-2919852,560Resale
3342 Cameron Chase Dr$386,700$2202026-01-2620041,759Resale
3370 Aqua Ridge Way$340,000$1932026-01-2620051,762Resale
3343 Piping Rock$330,000$1922026-01-2319981,720Resale
2822 Yarmouth Ct$310,000$1852026-01-1419921,672Resale
2613 Nantucket Ln$310,000$2362025-12-2919871,314Resale
3179 Ferns Glen Drive$675,000$2072025-12-1719873,256Resale
3747 Longchamp Cir$305,000$1742025-12-1519881,755Resale
2959 Bay Shore Drive$317,000$2182025-12-0119801,455Resale
2576 Yarmouth Ln$240,000$2322025-11-2419911,035Resale
4076 Roscrea Drive$460,000$1962025-11-1719752,343Resale
3516 Kilkenny Drive$387,500$2132025-11-1719671,821Resale
2913 Springfield Dr$519,000$2162025-11-1219932,399Resale
3065 Foley Drive$479,900$2352025-10-3019802,045Resale
3884 Paddrick Drive$290,000$1962025-10-2719901,476Resale
3423 Jonathans Landing Rd$370,000$1422025-10-0919872,607Resale
2668 Bantry Bay Drive$523,000$2202025-10-0719762,376Resale
3514 Dundalk Drive$368,000$1742025-10-0619882,118Resale
5025 Mclaughlin Drive$519,900$2322025-10-0320002,245Resale
3009 Sawgrass Cir$450,000$2502025-09-2420001,802Resale
2605 Cotuit Ln$305,000$2242025-09-2219911,360Resale
2601 Nantucket Ln$325,000$2342025-09-1919861,388Resale
2413 Merrigan Place$186,000$1772025-09-1819861,050Resale
4910 Ballygar Drive$424,000$2092025-09-1219882,024Resale
4000 Brandon Hill Dr$685,000$2282025-08-2919783,004Resale
4004 Mclaughlin Dr$845,000$2412025-08-2219893,508Resale
3585 Gardenview Way$510,000$2232025-08-1519902,289Resale
4010 Tralee Rd.$396,300$2152025-08-1419731,842Resale
2704 Nantucket Ln$390,000$1802025-08-0719822,163Resale
3907 Leane Drive$510,000$2242025-07-2819722,278Resale
2917 Giverny Cir$515,000$2282025-07-1719902,261Resale
2905 Kew Ct$495,000$2082025-07-1619902,376Resale
3066 Sawgrass Cir$415,000$1922025-07-1619942,162Resale
3568 Stowe Trce$390,000$2132025-07-0819911,827Resale
3806 Leane Drive$332,500$1642025-06-3019712,030Resale
3721 Lifford Circle$347,000$2052025-06-2719711,691Resale
2825 Ohara Drive$380,000$2042025-06-2619871,863Resale
2801 Edenderry Drive$515,000$1922025-06-2619792,685Resale

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

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