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Piney Z Shows Different Trend In Housing Market

Piney ZHome 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 Values

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.

Piney Z Home Prices

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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