Meadowbrook Listings and Real Estate Report April 2017

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Meadowbrook is a popular NE Tallahassee neighborhood that had a huge breakout year in 2016.

Featuring nice sized homes on quarter and third acre lots (inside of Capital Circle), buyers here have been getting tons of value over the past few years.

Homes For Sale In Meadowbrook

The following list of homes are the most recent listings in Meadowbrook. We update our listings 96 times per day, so this is as current as you can possibly find.

Meadowbrook

Meadowbrook

2 Properties
2509 NE Bluebell Place
Tallahassee, FL, 32308
Beds3Baths2MLS#402268
2505 Bluebell Place
Tallahassee, FL, 32308
Beds3Baths3MLS#402454

Homes For Sale In Meadowbrook Tallahassee, Florida

After seeing a huge jump in home values last year, Meadowbrook has begun the 2017 year on a much slower pace.

Values shot up so high last year, some of the “sizzle” has worn off and it will take buyers a while to realize that current values are still very attractive when you consider the alternatives in the market.

While the days of stealing one of these are finally over (see my “I told you so” previous reports when values were below $100 per square foot), there are still great opportunities to be found in this popular Northeast Tallahassee neighborhood.

Meadowbrook is zoned for these Leon County public schools:

The following report shows graphs of home price trends, home value trends, and home size trends in Meadowbrook, and concludes with a table of all closed home sales in Meadowbrook going back to 1991.

For each of the three real estate graphs found below, 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, and through the first week of April in 2017. 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 Meadowbrook).

Meadowbrook Home Prices

Average home prices in Meadowbrook have softened roughly 6% this year. The average home sales price is $175K thus far in 2017, still far higher than what we observed prior to last year.

Average Home Price

Home sales activity in 2017 has slowed down (understatement). After an 11 year high for sales in 2016, this year has not seen the continuation. Currently, there are three homes for sale in Meadowbrook and none of them are under contract.

Meadowbrook Home Values

Average home values in Meadowbrook exploded 20% higher in 2016, so the slight decline thus far in 2017 is likely nothing to be concerned about. The fact is that Meadowbrook had been undervalued for years, and it took until 2016 for buyers to figure that out. 

Meadowbrook remains a highly desirable location. Homes that are marketed properly should sell right away in our current, low-inventory market.

Average Home Value

Through the writing of this report, home values have averaged $107 per square foot in 2017. This remains 20% below peak of the market values recorded in 2007, so there is still a lot of room left for buyers to get a heck of a deal before we see the recovery completed.

Where is the Tallahassee market headed?

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

Meadowbrook Home Sizes

The average home size sold in Meadowbrook typically falls in a range of 1,550 to 1,850 square feet, and this year is no different.

Average Home Size

Thus far in 2017, the average size of the 2 homes sold has been 1,639 square feet.

Meadowbrook Home Sales

The following list shows more than 400 home sales in Meadowbrook going back to 1991.

Home Sales in Meadowbrook

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
724 Red Fern Road$314,000$2192026-08-2019841,434Resale
799 Violet Street$280,000$1452026-08-1919841,934Resale
2430 Beautyberry Court$365,000$1882026-07-2819941,943Resale
714 Riggins Road$385,000$1922026-06-0519892,002Resale
751 Violet Street$370,000$1822026-05-1819912,028Resale
716 Violet Street$290,000$1602026-04-0819861,818Resale
685 Lupine Ln$300,000$1632026-02-0619901,845Resale
767 Violet Street$310,000$1992026-02-0419921,556Resale
714 Riggins Road$240,000$1262025-12-1019891,912Resale
2307 Aster Way$330,000$1952025-11-2519841,688Resale
701 Lupine Lane$365,000$2092025-11-2519851,746Resale
771 Lupine Lane$325,000$1802025-11-0419841,808Resale
708 Red Fern Road$280,000$1592025-08-2519891,757Resale
2419 Basswood Lane$325,000$1672025-07-2819951,950Resale
696 Lupine Lane$345,000$2152025-07-1719881,602Resale
738 Riggins Road$295,000$2062025-06-2019821,432Resale
772 Lupine Lane$302,500$2032025-05-3019841,491Resale
791 Violet St$300,000$2002025-04-1119841,502Resale
763 Violet Street$315,000$2182024-12-1819911,442Resale
672 Riggins Rd$350,000$1732024-12-0619892,024Resale
721 Lupine Lane$335,000$2202024-10-1019861,521Resale
681 Lupine Lane$365,000$2352024-08-1619891,554Resale
762 Lupine Lane$370,000$1712024-08-1419832,168Resale
728 Red Fern Road$310,000$2052024-07-1519841,511Resale
721 Lupine Lane$263,333$1732024-06-2819861,521Resale
701 Lupine Lane$349,000$2002024-06-2719851,746Resale
763 VIOLET ST$180,000$1252024-06-1819911,442Resale
711 Lupine Lane$290,000$1572024-05-3119851,848Resale
2308 Aster Way$332,450$1532024-05-1419842,172Resale
727 Violet Street$340,000$2252024-04-2419861,513Resale
763 Violet St$145,700$1012024-04-2419911,442Resale
751 Lupine Lane$341,000$1912024-04-2319831,790Resale
867 Violet Street$282,000$1822024-01-1119941,553Resale
2416 Wintergreen Road$300,000$1852023-11-2019821,620Resale
748 Violet Street$353,000$2012023-11-1519891,755Resale
743 Red Fern Road$345,000$1962023-09-1519851,760Resale
664 Riggins Road$290,000$1682023-08-2519881,725Resale
680 Lupine Lane$340,000$1822023-08-1819881,869Resale
715 Red Fern Road$312,000$1572023-08-0219891,981Resale
681 Lupine Lane$366,000$2362023-05-1619891,554Resale
740 Violet Street$265,000$1782023-05-0519861,490Resale
743 Red Fern Road$168,000$952023-04-0619851,760Resale
743 Red Fern Rd$152,000$1052023-03-3119851,445Resale
2434 Buttonbush Court$350,000$1742023-02-2419942,012Resale
728 Lupine Lane$324,000$1912023-02-1319851,694Resale
866 Violet Street$360,000$1942023-01-1019951,855Resale
743 Violet Street$255,000$1532022-12-1519911,668Resale
2414 Beautyberry Court$317,500$2042022-12-0219941,553Resale
2424 Basswood Lane$280,000$1582022-11-1819951,767Resale
685 Lupine Lane$333,000$1802022-11-1019901,845Resale
716 Violet Street$325,000$1792022-10-1219861,818Resale
751 Red Fern Road$270,000$1832022-08-0519951,474Resale
740 Red Fern Road$310,000$1992022-07-0119841,556Resale
776 Lupine Lane$243,000$1692022-01-1919841,438Resale
771 Lupine Lane$297,500$1652021-12-2719841,808Resale
761 Lupine Lane$237,000$1582021-12-0619831,503Resale
732 Lupine Lane$280,000$1422021-10-0119851,978Resale
772 Lupine Lane$265,000$1782021-08-1319841,491Resale
2421 Wintergreen Road$273,000$1762021-07-2619841,553Resale
688 Lupine Lane$265,000$1532021-06-3019901,731Resale
2300 Aster Way$210,000$1322021-06-1019831,595Resale
2504 Bluebell Place$260,000$1342021-05-2719831,936Resale
689 Riggins Road$290,000$1702021-04-1719881,706Resale
712 Lupine Lane$262,000$1732021-03-0119851,512Resale
710 Riggins Road$336,000$1432021-02-0819882,354Resale
740 Red Fern Road$257,500$1652020-11-1619841,556Resale
2422 Beautyberry Court$280,000$1462020-10-0119961,913Resale
2408 Wintergreen Road$229,000$1412020-08-0719821,620Resale
2414 Beautyberry Court$242,500$1562020-07-2119941,553Resale
762 Lupine Lane$235,000$1082020-07-1519832,168Resale
2438 Buttonbush Court$261,000$1362020-06-0519941,918Resale
866 Violet Street$289,000$1562020-05-2919951,855Resale
2388 Wintergreen Road$230,000$1582020-05-2719841,452Resale
2437 Beautyberry Court$273,900$1292020-04-1719962,128Resale
741 Lupine Lane$215,000$1382020-03-3019831,557Resale
738 Riggins Road$230,000$1612020-03-1019821,432Resale
2403 Wintergreen Road$245,000$1252020-03-0619831,960Resale
2416 Formosa Drive$269,900$1282019-05-2820062,102Resale
2423 Buttonbush Court$241,000$1292019-05-2819951,862Resale
2371 Wintergreen$180,000$1172019-05-1019841,542Resale
2417 Beautyberry Court$245,000$1292019-05-0219951,895Resale
731 Violet Street$174,900$1052019-04-3019861,673Resale
2440 Basswood Ln.$245,000$1262019-03-1119961,950Resale
729 Lupine Lane$197,000$1142019-01-2519871,728Resale
2509 Bluebell Place$225,000$1212019-01-1819871,856Resale
715 Red Fern Road$235,000$1192018-12-0319891,981Resale
727 Violet Street$198,000$1312018-11-2119861,513Resale
863 Violet Street$216,000$1372018-09-2819941,578Resale
740 Violet Street$192,500$1292018-09-2719861,490Resale
2422 Beautyberry Ct$200,000$1052018-09-2419961,913Resale
727 Red Fern Rd Road$183,000$1262018-09-1219851,458Resale
831 Violet St$209,000$1152018-09-0419961,816Resale
722 Riggins Road$215,000$1352018-07-1919881,598Resale
2403 Wintergreen Road$235,000$1202018-07-1819831,960Resale
2435 Basswood Lane$240,000$1122018-07-0619962,135Resale
712 Lupine Lane$200,000$1322018-06-1519851,512Resale
751 Red Fern Road$205,000$1392018-05-2519951,474Resale
704 Red Fern Road$219,500$1172018-05-2419881,872Resale
738 Riggins Rd$199,500$1242018-05-1119821,608Resale
2439 Buttonbush$205,000$1322018-04-0319941,553Resale

I hope you enjoyed our April 2017 update on home sales in Meadowbrook, please feel free to CLICK HERE to drop me a note if you have questions not covered in this report.

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