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

1 Property
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
761 Lupine Ln$285,000$1902026-09-1119831,503Resale
724 Red Fern Rd$314,000$2192026-08-2019841,434Resale
799 Violet St$280,000$1402026-08-1919841,994Resale
2430 Beautyberry Ct$365,000$2062026-07-2819961,776Resale
714 Riggins Rd$385,000$2012026-06-0519891,912Resale
751 Violet St$370,000$1822026-05-1819912,028Resale
767 Violet St$310,000$1992026-02-0419921,556Resale
714 Riggins Rd$240,000$1262025-12-1019891,912Resale
701 Lupine Ln$365,000$2082025-11-2519851,758Resale
2307 Aster Way$330,000$1952025-11-2519841,688Resale
771 Lupine Ln$325,000$1802025-11-0419841,808Resale
708 Red Fern Rd$280,000$1592025-08-2519891,757Resale
2419 Basswood Ln$325,000$1672025-07-2819951,950Resale
696 Lupine Ln$345,000$2152025-07-1719881,602Resale
738 Riggins Rd$295,000$1842025-06-2019821,607Resale
772 Lupine Ln$302,500$2032025-05-3019841,491Resale
791 Violet St$300,000$2002025-04-1119841,502Resale
763 Violet St$315,000$2182024-12-1819911,442Resale
672 Riggins Rd$350,000$1732024-12-0619892,024Resale
721 Lupine Ln$335,000$2202024-10-1019861,521Resale
681 Lupine Lane$365,000$2352024-08-1619891,554Resale
762 Lupine Ln$370,000$1712024-08-1419832,168Resale
728 Red Fern Rd$310,000$2052024-07-1519841,511Resale
701 Lupine Ln$349,000$1992024-06-2719851,758Resale
711 Lupine Ln$290,000$1572024-05-3119851,848Resale
2308 Aster Way$332,500$1532024-05-1419842,172Resale
727 Violet St$337,500$2232024-04-2419861,513Resale
751 Lupine Ln$341,000$1912024-04-2319831,790Resale
867 Violet St$282,000$1822024-01-1119941,553Resale
2416 Wintergreen Rd$300,000$1852023-11-2019821,620Resale
748 Violet St$353,000$2012023-11-1519891,755Resale
743 Red Fern Rd$345,000$1952023-09-1519851,772Resale
664 Riggins Rd$290,000$1682023-08-2519881,725Resale
680 Lupine Ln$340,000$1822023-08-1819881,869Resale
715 Red Fern Rd$312,000$1572023-08-0219891,981Resale
681 Lupine Lane$366,000$2362023-05-1619891,554Resale
740 Violet St$265,000$1782023-05-0519861,490Resale
2434 Buttonbush Ct$350,000$1742023-02-2419942,012Resale
728 Lupine Ln$324,000$1912023-02-1319851,694Resale
866 Violet St$360,000$1942023-01-1019951,855Resale
743 Violet St$255,000$1772022-12-1519911,440Resale
2414 Beautyberry Ct$317,500$2042022-12-0219941,553Resale
2424 Basswood Ln$280,000$1582022-11-1819951,767Resale
685 Lupine Ln$333,000$1802022-11-0419901,845Resale
716 Violet St$325,000$1792022-10-1219861,818Resale
751 Red Fern Rd$270,000$1832022-08-0519951,474Resale
740 Red Fern Rd$310,000$1992022-07-0119841,556Resale
776 Lupine Ln$243,000$1692022-01-1919841,438Resale
771 Lupine Ln$297,500$1652021-12-2719841,808Resale
761 Lupine Ln$237,000$1582021-12-0619831,503Resale
732 Lupine Ln$280,000$1882021-10-0119851,488Resale
772 Lupine Ln$265,000$1782021-08-1319841,491Resale
2421 Wintergreen Rd$273,000$1762021-07-2619841,553Resale
688 Lupine Ln$265,000$1532021-06-3019901,731Resale
2300 Aster Way$210,000$1322021-06-1019831,595Resale
2504 Bluebell Pl$260,000$1342021-05-2719831,936Resale
689 Riggins Rd$290,000$1702021-04-1619881,706Resale
712 Lupine Ln$262,000$1732021-02-1919851,512Resale
710 Riggins Rd$336,000$1432021-02-0819882,354Resale
709 Riggins Rd$150,000$762020-11-3019881,978Resale
740 Red Fern Rd$257,500$1652020-11-1619841,556Resale
2422 Beautyberry Ct$280,000$1462020-10-0119961,913Resale
2408 Wintergreen Rd$229,000$1412020-08-0719821,620Resale
2414 Beautyberry Ct$242,500$1562020-07-2119941,553Resale
762 Lupine Ln$235,000$1082020-07-1519832,168Resale
2438 Buttonbush Ct$261,000$1362020-06-0519941,918Resale
866 Violet St$289,000$1562020-05-2919951,855Resale
2388 Wintergreen Rd$230,000$1582020-05-2719841,452Resale
2437 Beautyberry Ct$273,900$1292020-04-1719962,128Resale
741 Lupine Ln$215,000$1382020-03-3019831,557Resale
738 Riggins Rd$230,000$1432020-03-0619821,607Resale
2403 Wintergreen Rd$245,000$1252020-03-0619831,960Resale
2416 Formosa Dr$269,900$1282019-05-2820062,102Resale
2423 Buttonbush Ct$241,000$1272019-05-2819951,892Resale
2417 Beautyberry Ct$245,000$1292019-05-0119951,895Resale
2440 Basswood Ln$245,000$1262019-03-1119961,950Resale
729 Lupine Ln$197,000$952019-01-2519872,080Resale
2509 Bluebell Pl$225,000$1212019-01-1819871,856Resale
715 Red Fern Rd$235,000$1192018-12-0319891,981Resale
727 Violet St$198,000$1312018-11-2119861,513Resale
863 Violet St$216,000$1372018-09-2819941,578Resale
740 Violet St$192,500$1292018-09-2719861,490Resale
727 Red Fern Rd$183,000$1262018-09-0719851,458Resale
831 Violet St$209,000$1152018-09-0419961,816Resale
722 Riggins Rd$215,000$1352018-07-1819881,598Resale
2403 Wintergreen Rd$235,000$1202018-07-1819831,960Resale
2435 Basswood Ln$240,000$1122018-07-0619962,135Resale
712 Lupine Ln$200,000$1322018-06-1519851,512Resale
751 Red Fern Rd$205,000$1392018-05-2519951,474Resale
704 Red Fern Rd$219,500$1122018-05-2419881,968Resale
738 Riggins Rd$199,500$1242018-05-1119821,607Resale
2439 Buttonbush Ct$205,000$1322018-04-0219941,553Resale
721 Lupine Ln$220,000$1452018-03-2819861,521Resale
728 Lupine Ln$205,000$1212018-03-1619851,694Resale
2396 Wintergreen Rd$173,000$1242018-02-2219821,392Resale
762 Lupine Ln$215,000$992017-11-3019832,168Resale
875 Violet St$210,000$1292017-09-2219941,623Resale
680 Lupine Ln$197,800$1062017-09-2019881,869Resale
737 Lupine Ln$215,000$1232017-08-1119871,743Resale
768 Lupine Ln$222,500$1172017-07-2819831,898Resale

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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