Pine Tip Hills Housing Report February 2016

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Pine Tip Hills is a highly desirable neighborhood that is mostly known by people who already live in Tallahassee. For our readers from outside of our market area, pay attention to why you might want to add this one to your shopping list.

As more than half of all home sales are located in northeast Tallahassee, many buyers looking for larger homes think they should limit their search to this part of town. Not true.

If you cross over Meridian Road in Northern Tallahassee, you have crossed the east-west dividing line.

Pine Tip Hills is situated immediately to the west of this prime meridian, thus you will find the values here that are hidden when you only make a search in Tallahassee’s NE quadrant.

Homes in Pine Tip Hills are no longer new or “newish,” as most were built during the 1980s and 1990s. This means that there are lot of bigger homes that are ready for some minor upgrades and might very well serve as the best deals you can find in the 32312 zip code.

In this article, we will look at long term average home price trends, value trends, and size trends of homes sold in Pine Tip Hills, as well as all current listings in the Tallahassee MLS and all closed home sales going back to 1991.

For each of the 3 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, but through the first week of February in 2016. 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 the Pine Tip Hills).

Pine Tip Hills Home Prices

Due to the relatively small number of homes sold each year, the long term trends in Pine Tip Hills have frequent variations. This is not uncommon with smaller neighborhoods.

Pine Tip Hills home prices rose in 2015, the first time this has occurred since 2012.

The average recorded home sales price in Pine Tip Hills in 2015 was $357,730, which was up nearly 6% over average prices recorded in the prior year.

Average Home Price

Home sales activity in Pine Tip Hills was better in 2015 than any year prior going back to 2002.

To put that into perspective, there were four times more home sales in 2015 than there were in 2014… It was a good year for Pine Tip Hills.

Pine Tip Hills Home Values

Average home values remained the same in Pine Tip Hills in 2015 when compared to 2014.

Average Home Value

The average value of a home sold in Pine Tip Hills was $136 per square foot, which is 19% lower than the market peak in 2012 and 13% than the market bottom posted in 2013.

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Pine Tip Hills Home Sizes

The average home size sold in Pine Tip Hills typically falls in a range of 2,500 to 3,500 square feet, and the past two years we have seen buyers selecting homes at the lower end of this range. This average rose in 2015, where the 16 homes sold averaged 2,641 square feet.

Average Home Size

One of the reasons that we track average home size for a neighborhood is because it helps us explain the discrepancy between average home price movement versus average home value movement (especially when there are few home sales). When home sizes vary, we are no longer comparing (apples to apples), so size changes end up explaining the difference between value and price adjustments.

Homes For Sale In Pine Tip Hills

The following map and list of homes are the most recent listings in Pine Tip Hills. This list is updated 96 times each day, so you can be assured that this page will always bring you the most up-to-date listings and sales that can be found for Pine Tip Hills (bookmark this page if this is an area that you want to track).

Pine Tip Hills

Pine Tip Hills

1 Property
3602 DEXTER Drive
Tallahassee, FL, 32312
Beds3Baths2MLS#406642

Pine Tip Hills Home Sales

The following list shows home sales in Pine Tip Hills going back to 1991.

Home Sales in Pine Tip Hills

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
3664 Pine Tip Rd$535,000$2502026-07-3119872,136Resale
414 Frank Shaw Rd$650,000$2522026-05-2219942,583Resale
3660 Letitia Ln$550,000$2362026-05-1419962,328Resale
3699 Dexter Dr$642,000$2462026-04-1519872,614Resale
3684 Letitia Ln$660,000$2322025-12-2319972,844Resale
3682 Dexter Dr$480,000$2102025-10-1419902,290Resale
3690 Dexter Dr$720,000$2132025-08-2219873,374Resale
549 Frank Shaw Rd$655,000$2332025-05-0219962,816Resale
480 Teenie Ct$530,000$2312025-04-2519942,299Resale
515 Moss View Way$705,000$2142025-03-1719953,288Resale
3640 Pine Tip Rd$768,500$2242024-12-1919863,424Resale
3712 Pine Tip Rd$500,000$2312024-08-2019872,162Resale
514 Frank Shaw Rd$1,250,000$1842024-05-2920066,800Resale
520 Moss View Way$825,000$2162024-05-1619993,816Resale
3725 Sally Ln$425,000$2332024-01-2219871,824Resale
3808 Sally Ln$724,900$2312023-12-1119893,140Resale
507 Frank Shaw Rd$610,000$2422023-12-0619942,521Resale
561 Rawls Rd$530,000$2122023-11-2019932,500Resale
3686 Dwight Davis Dr$612,000$2882023-11-1419882,123Resale
3981 Frank Shaw Ln$675,000$2152023-10-0619983,138Resale
532 Frank Shaw Rd$1,125,000$2662023-10-0419964,229Resale
3785 Sally Ln$580,000$2572023-08-0719832,260Resale
3690 Dwight Davis Dr$579,900$2592023-07-1819882,240Resale
3688 Pine Tip Rd$750,000$2192023-05-2519853,425Resale
3684 Letitia Ln$700,000$2462023-05-2319972,844Resale
3653 Dwight Davis Dr$455,000$2112023-04-2419892,158Resale
3698 Dwight Davis Dr$625,000$2352023-04-1119912,665Resale
3664 Pine Tip Rd$490,000$2292023-03-2419872,136Resale
414 Frank Shaw Rd$475,500$1842022-12-0719942,583Resale
3670 Letitia Ln$440,000$2062022-11-3019942,140Resale
503 Frank Shaw Rd$625,000$2742022-11-3019932,282Resale
3661 Letitia Ln$650,000$2452022-11-1519962,649Resale
474 Frank Shaw Rd$675,000$2262022-11-1419952,985Resale
557 Frank Shaw Rd$500,000$2022022-10-0619952,471Resale
434 Frank Shaw Road$515,000$2282022-07-2219922,254Resale
576 Rhoden Cove Rd$675,000$2642022-07-0119892,560Resale
3675 Pine Tip Rd$725,000$2462022-06-2919872,949Resale
536 Frank Shaw Rd$700,000$2302022-06-2919933,044Resale
3694 Dwight Davis Drive$589,900$2022022-04-2019902,915Resale
503 Frank Shaw Rd$606,000$2662022-03-1619932,282Resale
3663 Uncle Glover Rd$530,000$2132021-12-0819982,487Resale
486 Frank Shaw Rd$630,000$2142021-11-1019972,946Resale
516 Moss View Way$680,000$2122021-11-0519983,208Resale
553 Frank Shaw Rd$610,000$2332021-10-2820082,613Resale
3615 Pine Tip Rd$365,500$1902021-08-1619861,919Resale
545 Frank Shaw Rd$675,000$2042021-08-1120003,303Resale
3812 Sampson Ct$535,000$1912021-07-1220012,795Resale
503 Frank Shaw Rd$496,000$2172021-06-1619932,282Resale
3804 Sampson Ct$606,000$1742021-05-2719973,484Resale
3667 Dexter Dr$351,000$1852021-03-3119851,895Resale
3662 Uncle Glover Rd$450,000$1632021-03-1719952,763Resale
584 Frank Shaw Rd$1,420,000$1662021-02-0820068,564Resale
3652 Pine Tip Rd$429,000$1672020-10-3019872,568Resale
3674 Letitia Ln$445,000$1732020-09-2819972,568Resale
3677 Dwight Davis Dr$440,000$1592020-06-2519892,767Resale
3640 Pine Tip Rd$508,000$1482020-06-0519863,424Resale
503 Frank Shaw Rd$400,000$1752020-04-3019932,282Resale
532 Frank Shaw Rd$575,000$1362020-04-0319964,229Resale
3666 Dwight Davis Dr$339,900$1512020-01-1719912,250Resale
541 Frank Shaw Rd$609,000$1322020-01-1720034,606Resale
3628 Pine Tip Rd$461,000$1282019-12-1719873,613Resale
524 Moss View Way$450,000$1452019-10-3119943,100Resale
540 Rhoden Cove Rd$445,000$1162019-09-0619893,830Resale
576 Rhoden Cove Rd$396,500$1552019-08-0919892,560Resale
3699 Dexter Dr$415,000$1592019-05-2419872,614Resale
528 Moss View Way$480,000$1492019-03-0419933,228Resale
3698 Dwight Davis Dr$405,000$1522018-12-0719912,665Resale
3674 Dexter Dr$385,000$1492018-09-2619872,588Resale
536 Frank Shaw Rd$425,000$1402018-08-2219933,044Resale
448 Frank Shaw Rd$417,000$1722018-07-3119942,419Resale
511 Frank Shaw Rd$825,000$2262018-06-0720163,649Resale
3798 Sally Ln$380,000$1652018-05-0919852,309Resale
3700 Sally Ln$341,500$992018-02-2719853,455Resale
515 Moss View Way$480,000$1462018-01-1219953,288Resale
3651 Dexter Dr$337,500$1162017-11-1519872,908Resale
3725 Sally Ln$299,900$1642017-10-1719871,824Resale
3665 Dwight Davis Dr$400,000$1652017-06-3019932,425Resale
3687 Pine Tip Rd$385,000$1422017-06-0819852,712Resale
3690 Dexter Dr$510,000$1512017-06-0219873,374Resale
466 Frank Shaw Rd$375,000$1282017-04-0719972,926Resale
481 Teenie Ct$360,000$1352017-03-2919942,658Resale
3675 Pine Tip Rd$383,000$1302016-12-0119872,949Resale
3698 Dwight Davis Dr$361,000$1352016-07-0619912,665Resale
459 Frank Shaw Rd$630,000$1402016-05-2620004,494Resale
552 Moss View Way$395,000$1262016-03-3119913,125Resale
561 Rawls Rd$330,000$1322016-03-3019932,500Resale
524 Moss View Way$423,800$1392016-03-0319943,043Resale
544 Moss View Way$349,500$1202016-02-1619912,921Resale
414 Frank Shaw Rd$320,000$1242015-12-2419942,583Resale
3653 Dwight Davis Dr$307,500$1422015-11-2019892,158Resale
441 Frank Shaw Rd$380,000$1442015-11-1719992,635Resale
3636 Dexter Dr$436,500$1632015-11-1219912,678Resale
3670 Letitia Ln$297,900$1392015-10-3019942,140Resale
564 Rhoden Cove Rd$380,000$1282015-09-0319902,976Resale
3646 Letitia Ln$375,000$1342015-07-1019982,808Resale
3663 Uncle Glover Rd$310,000$1242015-06-1519982,500Resale
491 Frank Shaw Rd$450,000$1322015-06-0319963,403Resale
576 Rhoden Cove Rd$318,000$1242015-05-1319892,560Resale
503 Frank Shaw Rd$362,500$1592015-05-0119932,282Resale
3798 Sally Ln$321,500$1392015-04-2919852,309Resale

I hope you enjoyed our February 2016 update on home sales in Pine Tip Hills, please feel free to drop me a note if you have questions not covered in this report.

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