Piney Z Shows Different Trend In Housing Market
Posted by Joe Manausa on Thursday, April 5, 2012 at 8:01:22 AM
By Joe Manausa / April 5, 2012
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Home sales in Piney Z are showing a trend that I do not think has been identified anywhere else in the Tallahassee real estate market.
Though I continue to study and review each of the major neighborhoods in Tallahassee, it is rare that I find one performing completely different than the others.
But Piney Z has actually seen fewer home sales every single year (when compared to the previous year) and this trend started in 2004.
Most Tallahassee neighborhoods are seeing the number of sales fluctuate some, and down about 45 to 50 percent since the peak, but not Piney Z.
Piney Z Home Sales Report
Currently, there are 26 homes for sale in Piney Z, with the lowest priced at $135,000, and the highest priced at $285,000.
This first real estate graph shows that Piney Z dropped from 147 home sales in 2003, to just 28 in 2011. That is a decline of 81%, and the pace thus far for 2012 is even lower!
Piney Z Home Prices
Both home prices and home values have jumped up with the few home sales thus far in 2012, but time will show if we are going to see if sellers can sustain this fight against depreciation.
From a positive standpoint, we can see how values have not fallen as much in Piney Z as they have elsewhere in Tallahassee, but unit sales are so low that I really suspect a serious level of pent-up supply is ready to explode on the market when sellers who must move can holdout no longer.
Recent Piney Z Home Sales
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 4901 Planters Ridge Drive | $175,000 | $110 | 3/29/2012 | 1999 | 1,584 | Arms Length |
| 689 Eagle View Circle | $249,900 | $106 | 3/20/2012 | 2003 | 2,367 | Distressed |
| 4840 Lake Park Drive | $278,000 | $129 | 1/31/2012 | 2004 | 2,147 | Arms Length |
| 1020 Piney Z Plantation Rd | $175,000 | $108 | 1/3/2012 | 2002 | 1,621 | Arms Length |
| 1036 Park View Dr | $153,000 | $105 | 12/29/2011 | 2001 | 1,461 | Distressed |
| 1059 Kingdom Drive | $155,000 | $106 | 12/20/2011 | 2001 | 1,461 | Distressed |
| 4870 Heritage Park Blvd | $188,000 | $113 | 12/19/2011 | 2002 | 1,659 | Arms Length |
| 1134 High Meadow Drive | $175,000 | $109 | 12/13/2011 | 2003 | 1,602 | Arms Length |
| 1019 Kingdom Drive | $157,000 | $119 | 11/22/2011 | 2001 | 1,320 | Arms Length |
| 1137 High Meadow Dr | $170,000 | $110 | 10/28/2011 | 2002 | 1,552 | Arms Length |
| 751 Eagle View Drive | $263,000 | $102 | 10/27/2011 | 2004 | 2,575 | Distressed |
| 979 Watersview Drive | $275,000 | $107 | 9/30/2011 | 2004 | 2,581 | Arms Length |
| 861 Piney Village Loop | $245,000 | $114 | 9/30/2011 | 2005 | 2,150 | Arms Length |
| 1187 Landings Loop | $177,375 | $121 | 9/12/2011 | 2001 | 1,465 | Arms Length |
| 844 Eagle View Drive | $215,000 | $125 | 8/31/2011 | 2004 | 1,723 | Arms Length |
| 1150 Landings Loop | $167,800 | $112 | 8/2/2011 | 2002 | 1,501 | Distressed |
| 4779 Planters Ridge Drive | $185,000 | $121 | 8/1/2011 | 2000 | 1,535 | Arms Length |
| 825 Eagle View Drive | $250,000 | $106 | 7/29/2011 | 2005 | 2,364 | Arms Length |
| 856 Eagle View Dr | $245,500 | $106 | 7/28/2011 | 2001 | 2,316 | Arms Length |
| 1084 Landings Loop | $159,000 | $108 | 7/22/2011 | 2001 | 1,471 | Arms Length |
| 4919 Heritage Park Blvd | $190,000 | $112 | 7/12/2011 | 2003 | 1,701 | Arms Length |
| 1001 Piney Z Plantation Road | $185,000 | $115 | 7/1/2011 | 2000 | 1,614 | Arms Length |
| 1090 High Meadow Drive | $150,000 | $105 | 6/15/2011 | 2002 | 1,427 | Arms Length |
| 1068 Winter Lane | $182,500 | $124 | 5/20/2011 | 2005 | 1,471 | Arms Length |
| 761 Eagle View Drive | $262,500 | $114 | 5/9/2011 | 2005 | 2,306 | Arms Length |
| 1023 Kindgom Drive | $147,000 | $113 | 4/28/2011 | 2001 | 1,300 | Arms Length |
| 1073 High Meadow Drive | $159,905 | $103 | 4/19/2011 | 2002 | 1,547 | Distressed |
| 1172 Landings Loop | $176,650 | $120 | 3/30/2011 | 2002 | 1,476 | Arms Length |
| 1184 Landings Loop | $180,000 | $122 | 3/16/2011 | 2002 | 1,476 | Arms Length |
| 1113 High Meadow Drive | $196,000 | $124 | 3/15/2011 | 2003 | 1,575 | Arms Length |
| 4718 Planters Ridge Drive | $165,000 | $95 | 2/23/2011 | 2004 | 1,743 | Distressed |
| 1133 High Meadow Drive | $202,500 | $105 | 1/31/2011 | 2001 | 1,930 | Arms Length |
| 4741 Plantation View | $240,000 | $111 | 12/30/2010 | 2002 | 2,169 | Arms Length |
| 925 Piney Z Plantation Rd. | $293,500 | $141 | 12/15/2010 | 2000 | 2,084 | Arms Length |
| 4902 Planters Ridge Dr | $178,400 | $105 | 12/14/2010 | 2000 | 1,707 | Distressed |
| 949 Park View Drive | $255,000 | $124 | 11/23/2010 | 2001 | 2,054 | Arms Length |
| 939 Park View Drive | $275,800 | $114 | 11/15/2010 | 2002 | 2,412 | Arms Length |
| 4580 Heritage Park Blvd. | $248,980 | $123 | 11/15/2010 | 2008 | 2,026 | Arms Length |
| 801 Eagle View Drive | $260,000 | $100 | 11/10/2010 | 2003 | 2,603 | Arms Length |
| 1020 Landings Lp | $153,000 | $100 | 10/28/2010 | 2001 | 1,535 | Arms Length |
| 4860 Lake Park Drive | $245,000 | $118 | 10/15/2010 | 2001 | 2,084 | Arms Length |
| 1055 Park View | $213,500 | $124 | 8/3/2010 | 1999 | 1,723 | Arms Length |
| 872 Piney Village Loop | $260,000 | $115 | 7/30/2010 | 2007 | 2,267 | Distressed |
| 959 Lone Feather Drive | $288,000 | $111 | 7/30/2010 | 2001 | 2,584 | Distressed |
| 1032 Kingdom Drive | $172,000 | $116 | 7/30/2010 | 2001 | 1,479 | Arms Length |
| 4725 Plantation View Dr | $231,000 | $127 | 7/30/2010 | 2002 | 1,812 | Arms Length |
| 953 Park View | $269,500 | $134 | 7/20/2010 | 2001 | 2,013 | Arms Length |
| 4702 Planters Ridge Drive | $189,200 | $131 | 6/30/2010 | 2009 | 1,440 | Arms Length |
| 4704 Planters Ridge Dr | $165,000 | $118 | 6/18/2010 | 2002 | 1,393 | Distressed |
| 921 Piney Z Plantation Rd | $355,500 | $129 | 6/11/2010 | 2001 | 2,763 | Arms Length |
| 1064 Kingdom Drive | $160,000 | $97 | 6/4/2010 | 2001 | 1,642 | Distressed |
| 1075 Park View Drive | $230,300 | $130 | 5/30/2010 | 2002 | 1,778 | Arms Length |
| 4714 Planters Ridge Drive | $200,000 | $120 | 5/24/2010 | 2003 | 1,669 | Arms Length |
| 813 Eagle View Drive | $265,900 | $124 | 5/14/2010 | 2003 | 2,149 | Arms Length |
| 1108 Landings Loop | $181,500 | $120 | 4/29/2010 | 2002 | 1,514 | Arms Length |
| 1060 Winter Lane | $201,000 | $137 | 4/16/2010 | 2003 | 1,463 | Arms Length |
| 1165 High Meadow Drive | $180,000 | $106 | 4/2/2010 | 2002 | 1,692 | Arms Length |
| 1041 Landings Loop | $170,000 | $125 | 3/29/2010 | 2001 | 1,358 | Arms Length |
| 1077 Piney-Z Plantation Road | $179,000 | $120 | 3/26/2010 | 2002 | 1,492 | Arms Length |
| 1023 Landings Loop | $178,000 | $116 | 3/16/2010 | 2001 | 1,535 | Arms Length |
| 4889 Lake Park Dr | $195,000 | $119 | 3/15/2010 | 2001 | 1,643 | Arms Length |
| 977 Watersview Dr | $215,000 | $109 | 2/24/2010 | 2003 | 1,973 | Distressed |
| 628 Eagle View Circle | $267,000 | $127 | 1/29/2010 | 2002 | 2,108 | Arms Length |
| 4739 Planters Ridge | $214,000 | $124 | 12/29/2009 | 2002 | 1,729 | Arms Length |
| 4874 Heritage Park Boulevard | $178,000 | $111 | 12/21/2009 | 2002 | 1,602 | Arms Length |
| 625 Eagle View Cir. | $295,000 | $120 | 12/17/2009 | 2002 | 2,468 | Arms Length |
| 1072 Winter Ln | $175,000 | $120 | 11/20/2009 | 2000 | 1,459 | Arms Length |
| 1003 Kingdom Drive | $160,000 | $121 | 11/20/2009 | 2001 | 1,321 | Arms Length |
| 1022 High Meadow Dr | $212,000 | $111 | 10/29/2009 | 2003 | 1,912 | Arms Length |
| 1067 Kingdom Drive | $178,000 | $120 | 10/21/2009 | 2001 | 1,479 | Arms Length |
| 1141 High Meadow Dr | $180,000 | $113 | 9/30/2009 | 2002 | 1,586 | Arms Length |
| 4882 Heritage Park Boulevard | $202,500 | $118 | 9/21/2009 | 2002 | 1,716 | Arms Length |
| 4909 Parkview Court | $185,000 | $104 | 9/14/2009 | 2000 | 1,774 | Distressed |
| 836 Eagle View Drive | $255,000 | $125 | 9/4/2009 | 2004 | 2,036 | Arms Length |
| 685 Eagle View Cir | $320,000 | $127 | 8/28/2009 | 2004 | 2,515 | Arms Length |
| 821 Piney Village Loop | $235,000 | $120 | 7/30/2009 | 2003 | 1,960 | Distressed |
| 964 Park View Drive | $232,000 | $117 | 7/17/2009 | 2001 | 1,983 | Arms Length |
| 1036 Park View Drive | $195,000 | $133 | 6/30/2009 | 2001 | 1,461 | Arms Length |
| 4732 Plantation View Drive | $280,000 | $119 | 6/22/2009 | 2006 | 2,351 | Arms Length |
| 1045 Landings Loop | $170,000 | $106 | 6/22/2009 | 2001 | 1,599 | Arms Length |
| 780 Eagle View Drive | $251,000 | $122 | 6/15/2009 | 2003 | 2,059 | Arms Length |
| 750 Eagle View Drive | $268,000 | $102 | 6/12/2009 | 2002 | 2,625 | Arms Length |
| 4590 Heritage Park Blvd. | $283,980 | $144 | 6/4/2009 | 2009 | 1,973 | Arms Length |
| 4919 Planters Ridge Dr | $196,000 | $130 | 6/1/2009 | 2000 | 1,506 | Arms Length |
| 905 Piney Z Plantation Road | $265,000 | $114 | 5/22/2009 | 2000 | 2,315 | Arms Length |
| 4837 Planters Ridge Dr | $195,500 | $122 | 5/22/2009 | 2003 | 1,600 | Arms Length |
| 4905 Park View Court | $167,500 | $97 | 5/22/2009 | 2001 | 1,729 | Arms Length |
| 1213 Landings Loop | $180,000 | $123 | 5/14/2009 | 2001 | 1,461 | Arms Length |
| 1148 Winter Lane | $165,000 | $111 | 5/7/2009 | 2002 | 1,483 | Arms Length |
| 974 Park View Drive | $247,500 | $136 | 4/17/2009 | 2002 | 1,815 | Arms Length |
| 1037 Piney Z Plantation Road | $182,500 | $125 | 4/17/2009 | 2001 | 1,460 | Arms Length |
| 4915 Planters Ridge Drive | $226,000 | $129 | 4/10/2009 | 1999 | 1,755 | Arms Length |
| 765 Eagle View Dr | $305,000 | $124 | 3/12/2009 | 2004 | 2,468 | Arms Length |
| 1018 High Meadow Drive | $194,000 | $123 | 3/9/2009 | 2002 | 1,575 | Arms Length |
| 4726 Planters Ridge Drive | $200,000 | $117 | 3/3/2009 | 2003 | 1,711 | Arms Length |
| 4907 Heritage Park Boulevard | $190,000 | $112 | 1/16/2009 | 2003 | 1,701 | Distressed |
Please come back again to see more Tallahassee neighborhood reports, and you can always bookmark this link if you want updates on home sales in Piney Z.
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