Another great Tallahassee neighborhood is seeing tough times in the Tallahassee real estate market. Piney-Z, a great in-town neighborhood, has seen average home prices dropping nearly 27% and unit sales dropping a staggering 83% over the past three years!
I have seen some blogs and even a recent article in the Tallahassee Democrat that claim that Tallahassee has not seen significant drops in either home sales or home prices, and of course they do not provide any data or basis other than opinion to support these claims. I would encourage these authors to talk to people trying to sell a home in Piney-Z right now, I’m sure that their opinion might change.
This wreckless reporting will mislead some homeowners to lose their homes, as they hit the market at levels that buyers will not even consider. But rest assured, there are ways to sell a home in Tallahassee, but you must understand exactly where the market is at any given time.
Piney-Z Home Sales In Major Decline
The blue lines show that home sales once reached twenty homes per month, but now have dropped to less than four per month. Average Prices (in red) were once nearly $270,000, but now have dropped below $200,000! If you have to sell home in Piney-Z, you need to understand that prices have dropped significantly since the height of the market.
Piney-Z Existing Home Sales Have Fallen
Much like the real estate graph preceding this one, existing home sales (resales) in Piney-Z look just as bad. Less than four homes per month are selling and the average price point on existing homes in Piney-Z has dropped below $190,000.
Piney-Z Resale Price Per Square Foot History
One way to take a look at home valuations (and thus true depreciation) is to look at price per square foot across the market. While this is NOT a way to accurately appraise a home, it is a decent measurement of depreciation (or appreciation) over a period of time. So, if you live in Piney-Z and want a quick “rule of thumb” valuation, you could take your recorded square footage and multiply it by about $85 to $105 to see an estimate of its current value.
Historic Home Sales In Piney-Z
| Piney-Z Home Sale | Price | Sale Date |
| 4907 HERITAGE PARK BLVD | 190,000 | 1/16/2009 |
| 4853 PLANTERS RIDGE DR | 103,500 | 1/9/2009 |
| 4905 PARKVIEW CT | 100 | 12/30/2008 |
| 1057 LANDINGS LOOP | 175,000 | 12/12/2008 |
| 1150 LANDINGS LOOP | 180,000 | 11/24/2008 |
| 4877 LAKE PARK DR | 270,000 | 11/17/2008 |
| 4759 PLANTERS RIDGE DR | 214,000 | 11/14/2008 |
| 4915 HERITAGE PARK BLVD | 225,000 | 10/30/2008 |
| 4907 HERITAGE PARK BLVD | 244,100 | 10/28/2008 |
| 669 EAGLE VIEW CIR | 315,000 | 10/14/2008 |
| 1168 LANDINGS LOOP | 185,000 | 10/10/2008 |
| 4751 PLANTERS RIDGE DR | 208,000 | 10/10/2008 |
| 1162 HIGH MEADOW DR | 185,000 | 10/3/2008 |
| 911 PARKVIEW DR | 275,000 | 10/1/2008 |
| 1047 PARK VIEW DR | 215,000 | 9/24/2008 |
| 1018 HIGH MEADOW DR | 128,000 | 9/13/2008 |
| 4917 LAKE PARK DR | 230,000 | 9/12/2008 |
| 4650 SOARING WAY | 332,000 | 9/4/2008 |
| 825 EAGLE VIEW DR | 260,000 | 8/22/2008 |
| 742 EAGLE VIEW DR | 345,000 | 8/8/2008 |
| 1025 PARKVIEW DR | 248,000 | 7/21/2008 |
| 817 EAGLE VIEW DR | 282,500 | 7/17/2008 |
| 1108 WINTER LN | 190,000 | 7/7/2008 |
| 1148 LANDINGS LOOP | 200,000 | 7/3/2008 |
| 1055 PARKVIEW DR | 205,000 | 6/23/2008 |
| 1096 LANDINGS LOOP | 187,500 | 6/23/2008 |
| 1032 KINGDOM DR | 185,000 | 6/20/2008 |
| 1149 LANDINGS LOOP | 190,000 | 6/20/2008 |
| 868 EAGLE VIEW DR | 351,000 | 6/9/2008 |
| 1015 KINGDOM DR | 167,000 | 5/30/2008 |
| 1072 PINEY Z PLANTATION RD | 215,000 | 5/29/2008 |
| 1168 LANDINGS LOOP | 23,000 | 5/29/2008 |
| 1112 WINTER LN | 200,000 | 5/9/2008 |
| 4661 NESTING TRL | 272,000 | 5/8/2008 |
| 1137 WINTER LN | 213,000 | 4/30/2008 |
| 989 PARKVIEW DR | 321,000 | 4/25/2008 |
| 1221 LANDINGS LOOP | 207,000 | 4/21/2008 |
| 874 PINEY VILLAGE LOOP | 368,000 | 4/17/2008 |
| 4856 LAKE PARK DR | 297,500 | 4/11/2008 |
| 821 PINEY VILLAGE LOOP | 99,000 | 4/4/2008 |
| 4710 PLANTERS RIDGE DR | 208,500 | 3/28/2008 |
| 861 EAGLE VIEW DR | 372,900 | 3/10/2008 |
| 1149 WINTER LN | 198,000 | 2/29/2008 |
| 1174 HIGH MEADOW DR | 200,000 | 2/29/2008 |
| 729 EAGLE VIEW CIR | 350,000 | 2/29/2008 |
| 867 EAGLE VIEW DR | 310,000 | 12/20/2007 |
| 910 PARKVIEW DR | 286,000 | 12/18/2007 |
| 1020 KINGDOM DR | 200,000 | 12/17/2007 |
| 1023 LANDINGS LOOP | 44,500 | 12/8/2007 |
| 1100 WINTER LN | 245,000 | 12/7/2007 |
| 1183 LANDINGS LOOP | 210,000 | 11/20/2007 |
| 816 EAGLE VIEW DR | 82,200 | 11/20/2007 |
| 4712 PLANTATION VIEW DR | 379,900 | 11/5/2007 |
| 933 PINEY Z PLANTATION RD | 317,500 | 10/19/2007 |
| 701 EAGLE VIEW CIR | 335,000 | 10/12/2007 |
| 913 PINEY Z PLANTATION RD | 260,000 | 10/12/2007 |
| 4922 HERITAGE PARK BLVD | 220,000 | 10/3/2007 |
| 1004 PINEY Z PLANTATION RD | 205,000 | 9/25/2007 |
| 995 PARKVIEW DR | 292,500 | 9/17/2007 |
| 866 PINEY VILLAGE LOOP | 370,000 | 9/4/2007 |
| 917 PARKVIEW DR | 298,000 | 8/24/2007 |
| 917 PARKVIEW DR | 298,000 | 8/24/2007 |
| 4881 LAKE PARK DR | 253,000 | 8/21/2007 |
| 1149 LANDINGS LOOP | 211,600 | 8/14/2007 |
| 1001 KINGDOM DR | 184,000 | 8/3/2007 |
| 1149 HIGH MEADOW DR | 205,000 | 7/31/2007 |
| 4853 PLANTERS RIDGE DR | 260,000 | 7/27/2007 |
| 749 EAGLE VIEW DR | 133,000 | 7/23/2007 |
| 4877 LAKE PARK DR | 273,500 | 7/18/2007 |
| 1069 KINGDOM DR | 210,000 | 7/16/2007 |
| 636 EAGLE VIEW CIR | 283,000 | 7/16/2007 |
| 1066 HIGH MEADOW DR | 241,000 | 7/13/2007 |
| 1107 WINTER LN | 247,500 | 7/6/2007 |
| 1034 HIGH MEADOW DR | 255,000 | 7/2/2007 |
| 1016 LANDINGS LOOP | 210,000 | 6/29/2007 |
| 1091 PINEY Z PLANTATION RD | 242,500 | 6/29/2007 |
| 1072 PINEY Z PLANTATION RD | 186,600 | 6/28/2007 |
| 931 PARKVIEW DR | 300,000 | 6/22/2007 |
| 4886 HERITAGE PARK BLVD | 247,800 | 6/15/2007 |
| 1154 LANDINGS LOOP | 209,000 | 6/11/2007 |
| 1026 PARKVIEW DR | 200,000 | 5/24/2007 |
| 4770 PLANTERS RIDGE DR | 250,000 | 5/23/2007 |
| 1033 HIGH MEADOW DR | 250,000 | 5/22/2007 |
| 4863 HERITAGE PARK BLVD | 251,000 | 5/21/2007 |
| 689 EAGLE VIEW CIR | 371,000 | 5/15/2007 |
| 868 PINEY VILLAGE LOOP | 382,900 | 5/14/2007 |
| 1132 LANDINGS LOOP | 205,000 | 5/3/2007 |
| 1121 HIGH MEADOW DR | 212,000 | 4/30/2007 |
| 725 EAGLE VIEW CIR | 300,000 | 4/30/2007 |
| 1048 PINEY Z PLANTATION RD | 200,000 | 4/27/2007 |
| 920 PARKVIEW DR | 305,000 | 4/27/2007 |
| 926 PINEY Z PLANTATION RD | 369,600 | 4/19/2007 |
| 833 PINEY VILLAGE LOOP | 273,000 | 4/13/2007 |
| 1088 WINTER LN | 225,000 | 4/11/2007 |
| 1068 WINTER LN | 214,500 | 4/5/2007 |
| 945 PINEY Z PLANTATION RD | 330,000 | 3/23/2007 |
| 4859 HERITAGE PARK BLVD | 229,000 | 3/22/2007 |
| 4895 PLANTERS RIDGE DR | 256,500 | 3/21/2007 |
| 1169 HIGH MEADOW DR | 195,000 | 3/16/2007 |
| 900 PARKVIEW DR | 295,000 | 3/16/2007 |
| 1012 PINEY Z PLANTATION RD | 235,000 | 3/7/2007 |
| 1041 PINEY Z PLANTATION RD | 213,000 | 2/26/2007 |
| 1088 WINTER LN | 160,000 | 2/26/2007 |
| 1085 PINEY Z PLANTATION RD | 216,000 | 2/23/2007 |
| 1153 WINTER LN | 200,000 | 2/22/2007 |
| 853 EAGLE VIEW DR | 444,900 | 2/22/2007 |
| 4895 PLANTERS RIDGE DR | 211,000 | 2/16/2007 |
| 1188 LANDINGS LOOP | 210,000 | 2/11/2007 |
| 729 EAGLE VIEW CIR | 349,900 | 2/8/2007 |
| 4657 SOARING WAY | 92,000 | 2/2/2007 |
| 1015 LANDINGS LOOP | 203,000 | 1/31/2007 |
| 1017 LANDINGS LOOP | 203,000 | 1/31/2007 |
| 4929 LAKE PARK DR | 269,300 | 1/31/2007 |
| 887 EAGLE VIEW DR | 345,000 | 1/16/2007 |
| 4886 PLANTERS RIDGE DR | 252,500 | 1/10/2007 |
| 1208 LANDINGS LOOP | 190,000 | 1/9/2007 |
| 4738 PLANTERS RIDGE DR | 231,000 | 12/29/2006 |
| 4738 PLANTERS RIDGE DR | 231,000 | 12/29/2006 |
| 1033 PINEY Z PLANTATION RD | 210,000 | 12/22/2006 |
| 1080 WINTER LN | 212,000 | 12/22/2006 |
| 899 EAGLE VIEW DR | 340,000 | 12/21/2006 |
| 1000 KINGDOM DR | 155,000 | 12/19/2006 |
| 870 PINEY VILLAGE LOOP | 353,700 | 12/15/2006 |
| 628 EAGLE VIEW CIR | 325,400 | 11/30/2006 |
| 922 PINEY Z PLANTATION RD | 385,900 | 11/27/2006 |
| 911 PARKVIEW DR | 45,800 | 11/13/2006 |
| 1099 WINTER LN | 230,000 | 11/7/2006 |
| 1037 HIGH MEADOW DR | 225,000 | 11/3/2006 |
| 1184 LANDINGS LOOP | 203,000 | 11/3/2006 |
| 4706 PLANTERS RIDGE DR | 204,900 | 10/20/2006 |
| 1142 HIGH MEADOW DR | 193,000 | 10/13/2006 |
| 4915 PLANTERS RIDGE DR | 224,000 | 10/6/2006 |
| 1071 PARKVIEW DR | 265,300 | 9/29/2006 |
| 1138 HIGH MEADOW DR | 209,900 | 9/29/2006 |
| 781 EAGLE VIEW DR | 357,000 | 9/29/2006 |
| 824 EAGLE VIEW DR | 281,000 | 9/29/2006 |
| 828 EAGLE VIEW DR | 334,000 | 9/29/2006 |
| 1199 LANDINGS LOOP | 214,500 | 9/28/2006 |
| 1039 KINGDOM DR | 205,000 | 9/23/2006 |
| 1125 HIGH MEADOW DR | 212,000 | 9/21/2006 |
| 712 EAGLE VIEW CIR | 335,000 | 9/15/2006 |
| 1073 HIGH MEADOW DR | 227,000 | 9/5/2006 |
| 735 EAGLE VIEW DR | 485,000 | 8/21/2006 |
| 1088 LANDINGS LOOP | 220,000 | 8/18/2006 |
| 4661 SOARING WAY | 323,500 | 8/18/2006 |
| PLANTATION VIEW DR | 354,900 | 8/15/2006 |
| 1076 PINEY Z PLANTATION RD | 250,000 | 8/7/2006 |
| 621 EAGLE VIEW CIR | 352,000 | 8/4/2006 |
| 979 WATERSVIEW DR | 365,000 | 7/31/2006 |
| 1065 HIGH MEADOW DR | 209,900 | 7/28/2006 |
| 4657 NESTING TRL | 355,000 | 7/28/2006 |
| 999 PARKVIEW DR | 332,500 | 7/28/2006 |
| 4913 PARKVIEW CT | 228,000 | 7/21/2006 |
| 4716 PLANTATION VW | 352,800 | 7/19/2006 |
| 4913 LAKE PARK DR | 268,000 | 7/14/2006 |
| 930 PINEY Z PLANTATION RD | 359,900 | 7/14/2006 |
| 977 WATERSVIEW DR | 311,000 | 7/10/2006 |
| 1114 HIGH MEADOW DR | 223,000 | 7/3/2006 |
| 1179 LANDINGS LOOP | 210,700 | 6/30/2006 |
| 1202 LANDINGS LOOP | 194,000 | 6/30/2006 |
| 4720 PLANTATION VIEW DR | 349,900 | 6/30/2006 |
| 934 PINEY Z PLANTATION RD | 372,800 | 6/30/2006 |
| 961 PARKVIEW DR | 357,000 | 6/30/2006 |
| 713 EAGLE VIEW CIR | 370,000 | 6/29/2006 |
| 1169 WINTER LN | 214,500 | 6/26/2006 |
| 1221 LANDINGS LOOP | 225,000 | 6/23/2006 |
| 1059 KINGDOM DR | 212,500 | 6/15/2006 |
| 4905 PARKVIEW CT | 125,000 | 6/12/2006 |
| 4728 PLANTATION VIEW DR | 350,000 | 5/31/2006 |
| 4853 PLANTERS RIDGE DR | 252,000 | 5/30/2006 |
| 1212 LANDINGS LOOP | 193,000 | 5/25/2006 |
| 904 PINEY Z PLANTATION RD | 300,000 | 5/18/2006 |
| 4929 LAKE PARK DR | 292,500 | 5/17/2006 |
| 1041 PINEY Z PLANTATION RD | 218,000 | 5/15/2006 |
| 1167 LANDINGS LOOP | 202,500 | 5/15/2006 |
| 4754 PLANTERS RIDGE DR | 245,500 | 5/11/2006 |
| 739 EAGLE VIEW DR | 375,000 | 5/11/2006 |
| 1109 HIGH MEADOW DR | 215,000 | 4/29/2006 |
| 4656 FLEDGLING DR | 281,000 | 4/28/2006 |
| 4927 HERITAGE PARK BLVD | 250,000 | 4/28/2006 |
| 1020 KINGDOM DR | 185,000 | 4/26/2006 |
| 1105 HIGH MEADOW DR | 217,500 | 4/20/2006 |
| 4855 HERITAGE PARK BLVD | 235,000 | 4/13/2006 |
| 907 PARKVIEW DR | 330,000 | 4/12/2006 |
| PLANTATION VIEW DR | 348,000 | 4/3/2006 |
| 1045 LANDINGS LOOP | 205,000 | 3/31/2006 |
| 1216 LANDINGS LOOP | 187,400 | 3/31/2006 |
| 1128 WINTER LN | 259,900 | 3/30/2006 |
| 1172 LANDINGS LOOP | 205,000 | 3/27/2006 |
| 4751 PLANTERS RIDGE DR | 224,000 | 3/17/2006 |
| 4849 LAKE PARK DR | 273,900 | 3/17/2006 |
| 613 EAGLE VIEW CIR | 319,000 | 3/15/2006 |
| 4759 PLANTERS RIDGE DR | 230,000 | 2/28/2006 |
| 968 WATERSVIEW DR | 271,000 | 2/28/2006 |
| 1064 KINGDOM DR | 190,000 | 2/27/2006 |
| 983 WATERSVIEW DR | 330,000 | 2/17/2006 |
| 1038 HIGH MEADOW DR | 193,100 | 2/16/2006 |
| 1159 LANDINGS LOOP | 200,000 | 1/27/2006 |
| 1209 LANDINGS LOOP | 206,000 | 1/27/2006 |
| 4714 PLANTERS RIDGE DR | 227,500 | 1/27/2006 |
| 1062 HIGH MEADOW DR | 247,800 | 1/20/2006 |
| 777 EAGLE VIEW DR | 380,000 | 1/19/2006 |
| 1157 HIGH MEADOW DR | 284,900 | 1/13/2006 |
| 1120 WINTER LN | 250,000 | 1/5/2006 |
| 4725 PLANTATION VIEW DR | 273,000 | 1/5/2006 |
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