Piney Z Home Sales Report October 2015

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If you are looking for a Northeast Tallahassee neighborhood with “access to everything,” then the relatively new Piney Z Plantation should be on your radar.

Buyers have favored Piney Z for its first 15 years of existence due to the attractive amenities which include new to newish homes, a lake, Tom Brown Park and Lincoln High School, and plenty of walking trails and areas to exercise outdoors.

The access to pools, lakes, parks, and the lodge provides lifestyle benefits that cannot be found in every Tallahassee neighborhood, so I am confident that future demand will continue to grow for Piney Z. As a boom neighborhood though, we have to be watchful for pent-up supply.

The following report shows graphs for average home prices, home values, and home sizes in Piney Z, as well as all current listings in the Tallahassee MLS and all closed home sales in Piney Z going back to 1999 when the first homes were built and sold.

For each of the three real estate graphs found in this report, 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 1st week of October in 2015. 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 Piney Z).

Home Prices In Piney Z

Average home prices have fallen below $200,000 again in Piney Z, making it an ideal time for buyers to jump on the opportunities that can be found in this popular NE Tallahassee neighborhood.

Currently, average home prices are 26% below the peak of the market prices established in 2006, and up only 4% from the market bottom recorded in 2011. Short sales and foreclosures are occurring at a rate consistent with other neighborhoods in Tallahassee, impacting average prices negatively. The average recorded sales price is $199,500 for Piney Z thus far in 2015.

Average Home Prices

Home sales activity through the first week in October appears to be on track to match last year, at there have been 40 closed home sales in Piney Z (versus 48 for all of 2014).

Home Values

Average home values in Piney Z have were flat last year, and are up slightly less than a percent thus far in 2015.

Average Home Values

Through early October, the average value of a home sold in Piney Z has been $114 per square foot. This is up 9% over the bottom reached in 2012, but still down about 21% from the market high set back in 2006. Unfortunately, this leaves a large number of Piney Z residents with more mortgage than home value and it has slowed the existing home sales accordingly.

Where is the Tallahassee market headed?

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Home Sizes

The average home size sold in Piney Z typically falls in a range of 1,700 to 1,900 square feet, and buyers this year have selected homes near the lower end of this range.

Average Home Sizes

The 40 sales thus far in 2015 have averaged a mere 1,738 square feet, so it is likely we will see it rise towards the average over the next several months.

Homes For Sale In Piney Z

The following list of homes are all of the Tallahassee MLS listings in Piney Z.

Piney Z

Piney Z

4 Properties
4869 Lake Park Drive
Tallahassee, FL, 32311
Beds3Baths2MLS#397634
1080 Winter Lane
Tallahassee, FL, 32311
Beds3Baths2MLS#402541
1072 Kingdom Drive
Tallahassee, FL, 32311
Beds3Baths2MLS#376152
1120 Winter Lane
Tallahassee, FL, 32311
Beds3Baths2MLS#406398

Piney Z Home Sales

The following list shows all home sales going back to when it all started in 1999 in Piney Z. Note that you can change the sort order by clicking the column heading for the data you wish to sort by.

Home Sales in Piney Z

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
1039 Winter Ln$350,000$2352026-09-1820011,492Resale
780 Eagle View Dr$424,500$2062026-09-1820032,059Resale
4878 Planters Ridge Dr$345,000$2252026-09-1020021,533Resale
4882 Heritage Park Blvd$369,000$2152026-09-0920021,716Resale
1031 Landings Loop$296,000$2142026-08-2820011,385Resale
912 Park View Dr$485,000$1762026-08-2120022,752Resale
1173 Winter Ln$355,000$2212026-07-3120011,605Resale
4841 Lake Park Dr$370,000$2412026-07-0220001,535Resale
995 Park View Dr$460,000$2142026-06-3020052,153Resale
1019 Kingdom Dr$267,500$2022026-06-1820011,321Resale
4739 Planters Ridge Dr$355,000$2142026-05-2620021,662Resale
1043 Kingdom Dr$275,000$1882026-05-0120011,461Resale
4580 Heritage Park Blvd$420,000$1952026-04-1520082,152Resale
1023 Kingdom Dr$258,000$1982026-03-1020011,306Resale
4656 Fledgling Dr$404,000$2302026-02-0820041,756Resale
4779 Planters Ridge Dr$350,000$2322026-01-2820001,510Resale
4863 Heritage Park Blvd$358,000$2202026-01-2120031,629Resale
4655 Fledgling Dr$450,000$1942026-01-0920042,315Resale
1046 Piney Z Plantation Rd$315,000$2322026-01-0520021,355Resale
1150 High Meadow Dr$310,000$2302025-12-1020011,350Resale
907 Park View Dr$529,900$2342025-11-2120032,268Resale
769 Eagle View Dr$455,000$2122025-11-1820042,142Resale
1038 High Meadow Dr$325,000$2182025-10-2420021,492Resale
910 Park View Dr$488,000$1822025-10-2220032,684Resale
4746 Planters Ridge Dr$345,000$2212025-10-0320021,560Resale
4886 Heritage Park Blvd$385,000$2402025-09-1120021,606Resale
4664 Fledgling Dr$488,000$1952025-09-0520022,502Resale
1149 High Meadow Dr$319,000$2352025-08-2120021,358Resale
4901 Park View Ct$382,600$2352025-08-1920001,627Resale
1100 Winter Ln$355,000$2032025-08-0520021,747Resale
834 Piney Village Loop$469,000$2262025-07-2520202,074Resale
832 Eagle View Dr$460,000$2012025-07-2420042,292Resale
4653 Soaring Way$410,000$2072025-07-0320041,985Resale
4901 Lake Park Dr$400,000$1992025-06-1120022,012Resale
4859 Heritage Park Blvd$360,000$2252025-06-0620021,601Resale
964 Park View Dr$430,000$2062025-05-2320012,087Resale
971 Park View Dr$495,000$2022025-05-1520012,448Resale
1021 Landings Loop$310,000$2002025-05-1520011,551Resale
1064 Piney Z Plantation Rd$340,000$2142025-05-0520011,589Resale
1100 Landings Loop$318,000$2302025-04-2520011,385Resale
951 Lone Feather Dr$428,000$2122025-03-3120022,016Resale
624 Eagle View Cir$487,500$1822025-03-2820032,682Resale
1040 Kingdom Dr$310,000$2082025-03-2620011,488Resale
730 Eagle View Cir$422,500$2002025-03-1320032,109Resale
4657 Nesting Trl$469,000$1992025-02-2620042,358Resale
1165 Winter Ln$311,000$2202025-02-1420021,411Resale
4917 Park View Ct$351,000$2052025-01-3120001,716Resale
1082 High Meadow Dr$347,000$2022025-01-3120031,716Resale
1016 Kingdom Dr$305,000$2062025-01-1620011,479Resale
977 Watersview Dr$410,000$1992025-01-1420032,058Resale
4890 Planters Ridge Dr$355,000$2052024-12-3020001,729Resale
911 Park View Dr$420,000$2042024-12-1820012,062Resale
1063 Kingdom Dr$325,000$2202024-12-0920011,479Resale
1172 Landings Loop$332,000$2252024-12-0620021,476Resale
713 Eagle View Cir$480,000$2092024-11-1420032,292Resale
1213 Landings Loop$330,000$2262024-11-0120021,461Resale
761 Eagle View Dr$450,000$1952024-10-2120052,306Resale
4650 Heritage Park Blvd$410,000$2442024-09-1920191,680Resale
852 Eagle View Dr$475,000$1852024-08-3020012,574Resale
1057 Landings Loop$310,000$2262024-07-3020011,374Resale
1148 Winter Ln$350,000$2362024-07-2620021,483Resale
4923 Heritage Park Blvd$359,000$2192024-07-2420021,637Resale
4890 Planters Ridge Dr$349,900$2022024-07-1520001,729Resale
1126 High Meadow Dr$325,000$2292024-06-2020031,418Resale
4907 Heritage Park Blvd$350,000$2062024-06-1420031,701Resale
1076 Kingdom Dr$309,000$2262024-05-3120031,367Resale
621 Eagle View Cir$470,000$2012024-05-1520042,337Resale
1024 Piney Z Plantation Rd$325,000$2282024-05-0820021,426Resale
907 Park View Dr$510,800$2252024-05-0820032,268Resale
1046 High Meadow Dr$349,900$2292024-05-0120021,531Resale
1043 Park View Dr$340,000$2492024-04-1820001,368Resale
4845 Planters Ridge Dr$340,000$2052024-04-1620001,659Resale
1007 Kingdom Dr$309,000$2372024-03-2520011,306Resale
4903 Heritage Park Blvd$357,500$2172024-03-2120021,644Resale
1170 High Meadow Dr$325,000$2272024-03-1420021,430Resale
4885 Lake Park Dr$410,000$2292024-03-0420011,789Resale
4711 Planters Ridge Dr$322,000$2202024-03-0120011,466Resale
1142 Landings Loop$336,500$2022024-02-2320021,662Resale
4919 Planters Ridge Dr$310,000$2062024-01-3020001,506Resale
1128 Winter Ln$360,000$1852024-01-2220051,951Resale
1047 Kingdom Dr$350,000$2122024-01-1220011,648Resale
1084 Landings Loop$295,000$1792023-12-0520011,651Resale
1047 Piney Z Plantation Rd$360,000$2102023-11-3019991,716Resale
1004 Kingdom Dr$322,000$1882023-11-0620011,715Resale
4878 Planters Ridge Dr$328,000$2142023-10-3020021,533Resale
1105 High Meadow Dr$337,000$2162023-09-2820041,562Resale
1121 High Meadow Dr$320,000$2202023-08-3120031,455Resale
1179 Landings Loop$310,000$2082023-08-2920021,493Resale
1076 Kingdom Dr$283,600$2072023-08-2520031,367Resale
1068 Landings Loop$285,000$1882023-08-1820011,514Resale
1033 Piney Z Plantation Rd$310,000$2142023-08-1520001,448Resale
4729 Plantation View Dr$425,000$2082023-08-0420022,039Resale
831 Piney Village Loop$355,000$1752023-07-1820022,029Resale
837 Eagle View Dr$449,500$1952023-06-2920052,306Resale
1014 High Meadow Dr$300,000$1682023-06-2320021,791Resale
4640 Heritage Park Blvd$415,000$2522023-06-1620191,646Resale
1191 Landings Loop$295,500$2022023-06-1220011,461Resale
1008 Landings Loop$318,000$2232023-06-0720011,426Resale
729 Eagle View Cir$450,000$1832023-06-0720042,458Resale
4875 Heritage Park Blvd$350,000$2092023-04-2820041,676Resale

I hope you enjoyed our October 2015 update on home sales in Piney Z, please feel free to drop me a note if you have questions not covered in this report.

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