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Popular Woodgate Proves Home Buyers Getting More For Their Money

Woodgate Neighborhood Tallahassee FloridaYesterday, a long-time reader asked why I had never written about Woodgate, a popular NE Tallahassee neighborhood.

I basically said that because I have limited time, I try to focus on the most-active neighborhoods in Tallahassee, but that I would take a quick look at home sales in Woodgate.

Currently, there are 6 homes for sale in Woodgate in the Tallahassee MLS, priced from $129,900 to $235,000. With only 15 homes sold in Woodgate in the 3 previous years, this means that Woodgate has a relative home supply exceeding 12 months.

This means if you want to sell a home in Woodgate, then you must have a better plan than your neighbors (your competition).

Home Prices In Woodgate

The average price of a home sold in Woodgate last year was $166,250, which is similar to home prices in Woodgate near the end of 2003. Low interest rates have buyers purchasing "more home," so Woodgate, like many other Tallahassee neighborhoods, is seeing it's larger homes selling right now.

Woodgate Home Prices

Home Values In Woodgate

Home values are still on the decline in Woodgate. As we have seen in so many other neighborhoods, the stronger buying power for homebuyers is not resulting in higher values for sellers. Buyers are just getting more for their money these days.

In the real estate graph below, we see more evidence of home values falling (real estate depreciation) even as many real estate agents are wrongfully reporting appreciation. They are confused by the fact that they only track the average sales price of properties, not which properties are actually selling.

Woodgate Home Values

Recent Home Sales In Woodgate

Address Sales Price Price/SQF Closing Date Year Built SQF Type
1600 Woodgate Way $184,000 $92 3/15/2012 1972 2,002 Arms Length
1509 Woodgate Way $175,000 $92 1/30/2012 1972 1,893 Distressed
3112 Briarwood Drive $165,000 $106 7/5/2011 1973 1,550 Arms Length
1638 Hedgefield Court $212,000 $112 5/27/2011 1973 1,888 Arms Length
2935 Huntington Dr $180,000 $103 5/4/2011 1973 1,750 Arms Length
2970 Huntington Drive $108,000 $68 2/15/2011 1972 1,581 Distressed
1541 Woodgate Way $195,000 $107 8/30/2010 1972 1,820 Arms Length
2951 Huntington Drive $173,670 $112 8/6/2010 1973 1,550 Arms Length
1807 Woodgate Way $240,000 $104 4/30/2010 1980 2,310 Arms Length
3113 Briarwood Drive $190,000 $100 4/18/2010 1973 1,895 Arms Length
1516 Willow Wick Dr $157,500 $99 4/5/2010 1973 1,595 Arms Length
1645 Hedgefield Court $191,000 $128 1/29/2010 1973 1,491 Arms Length
1616 Hedgefield Court $209,000 $122 11/10/2009 1973 1,720 Arms Length
2930 Huntington Dr $225,000 $116 10/30/2009 1973 1,942 Distressed
3120 Brandywine Drive $200,000 $125 7/9/2009 1976 1,599 Arms Length
1305 Woodgate Way $250,000 $164 3/20/2009 2001 1,525 Arms Length
1537 Woodgate Way $243,000 $121 2/27/2009 1972 2,001 Arms Length
3012 Stillwood Court $263,000 $110 10/20/2008 1971 2,390 Arms Length
3109 Brandywine Dr $200,000 $124 8/7/2008 1973 1,608 Arms Length
1452 Woodgate Way $156,200 $66 6/9/2008 1972 2,349 Arms Length
3113 Briarwood Dr $250,000 $132 5/19/2008 1973 1,895 Arms Length
1500 Oldfield Drive $238,000 $118 5/2/2008 1971 2,012 Arms Length
3117 Briarwood Drive $237,500 $106 4/18/2008 1973 2,232 Arms Length
2947 Huntington Drive $208,000 $119 3/13/2008 1973 1,749 Arms Length
1444 Oldfield Dr $275,000 $171 10/25/2007 1971 1,611 Arms Length
1305 Woodgate Way $265,000 $174 9/7/2007 2001 1,525 Arms Length
1523 Oldfield Dr $155,000 $105 4/30/2007 1971 1,479 Arms Length
3105 Brandywine Dr $273,500 $113 3/30/2007 1973 2,418 Arms Length
1537 Woodgate Way $268,000 $137 12/1/2006 1972 1,956 Arms Length
1404 Woodgate $254,000 $146 6/16/2006 1971 1,739 Arms Length
1521 Woodgate Way $254,900 $134 6/8/2006 1972 1,896 Arms Length
1319 Woodgate Way $230,000 $148 5/30/2006 1976 1,554 Arms Length
1537 Woodgate Way $202,000 $103 5/12/2006 1972 1,956 Arms Length
1308 Woodgate Way $210,000 $125 4/10/2006 1970 1,674 Arms Length
1320 Woodgate Way $220,000 $103 3/17/2006 1971 2,131 Arms Length
1610 Hedgefield $271,000 $128 3/17/2006 1973 2,125 Arms Length
3105 Briarwood Dr $245,000 $133 3/1/2006 1973 1,838 Arms Length
3033 Stillwood Ct $186,500 $102 2/14/2006 1971 1,820 Arms Length
1509 Woodgate Way $270,000 $143 1/31/2006 1973 1,893 Arms Length
1325 Woodgate Way $225,000 $119 11/23/2005 1977 1,889 Arms Length
1421 Woodgate Way $220,000 $116 9/26/2005 1971 1,896 Arms Length
2913 Huntington Drive $249,900 $108 9/23/2005 1971 2,315 Arms Length
2905 Huntington Drive $253,000 $136 9/1/2005 1972 1,860 Arms Length
3024 Stillwood Court $235,000 $114 8/31/2005 1973 2,068 Arms Length
3028 Stillwood Ct. $255,000 $139 8/23/2005 1972 1,829 Arms Length
3017 Huntington Dr $235,000 $96 7/21/2005 1971 2,460 Arms Length
1610 Hedgefield Court $168,000 $95 6/17/2005 1973 1,768 Arms Length
1508 Woodgate Way $231,000 $100 6/15/2005 1972 2,313 Arms Length
3021 Huntington Dr, $215,000 $135 5/19/2005 1971 1,596 Arms Length
1515 Willow Wick Dr $229,000 $101 5/13/2005 1973 2,271 Arms Length
3303 Stillwood Court $180,000 $99 5/10/2005 1971 1,820 Arms Length
1516 Woodgate Way $200,000 $111 1/31/2005 1971 1,800 Arms Length
1336 Woodgate Way $166,500 $104 1/11/2005 1971 1,608 Arms Length
2967 Huntington Drive $187,400 $119 12/31/2004 1979 1,575 Arms Length
1321 Woodgate Way $155,000 $93 12/15/2004 1976 1,665 Arms Length
1521 Woodgate Way $224,000 $118 12/9/2004 1972 1,896 Arms Length
3105 Briarwood Drive $197,000 $105 11/30/2004 1973 1,870 Arms Length
1625 Hedgefield Ct. $221,347 $106 9/30/2004 1973 2,089 Arms Length
1400 Woodgate Way $190,000 $84 6/25/2004 1971 2,250 Arms Length
1544 Woodgate Way $194,900 $88 5/26/2004 1972 2,208 Arms Length
3025 Huntington Drive $220,000 $110 5/14/2004 1971 2,000 Arms Length
1432 Woodgate Way $179,900 $102 5/14/2004 1971 1,770 Arms Length
1404 Woodgate Way $164,683 $95 4/8/2004 1971 1,739 Arms Length
3025 Huntington Dr $210,000 $105 12/1/2003 1971 2,000 Arms Length
3007 Stillwood Court $171,000 $97 7/17/2003 1971 1,765 Arms Length
1444 Oldfield Drive $150,000 $96 6/30/2003 1971 1,570 Arms Length
1437 Oldfield Dr $156,900 $92 5/28/2003 1971 1,713 Arms Length
1432 Woodgate Way $149,900 $85 5/20/2003 1971 1,770 Arms Length
3007 Stillwood Court $134,000 $76 4/3/2003 1971 1,765 Arms Length
1600 Woodgate Way $158,000 $79 3/28/2003 1972 2,002 Arms Length
2916 Huntington Dr $170,000 $86 3/10/2003 1973 1,969 Arms Length
3037 Stillwood Ct $139,900 2/7/2003 Arms Length
1524 Woodgate Way $139,900 1/9/2003 Arms Length

Please check back again for more neighborhood reports, including updates on Woodgate.

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