Understanding Real Estate Sales Reports
Recently a reader left a comment (which I appreciate) indicating that he thought my data was incorrect for home sales in Southwood. In doing my research to validate the data, I figured I might as well turn it into a blog about current home sales in Southwood. The reader wrote:
Joe, I really enjoy reading your Blog, but I work in 2 of the communities that are in the top ten of your list, and I know that your figures are wrong!. Where did you get the figures for this list?? The sold numbers are nowhere near where you say they are?
This is where an understanding our source data is so important when reading real estate reports. Most real estate reports are based upon information from the local, regional, or national MLS, but unfortunately the MLS only represents 50-65% of what is actually selling in the market. For a complete understanding of home sales in Southwood, we need to look to the Leon County Tax Records.
So, here is what I've done. I've pulled the information from all of the sales recorded in Leon County (The Tallahassee real estate market) and have included the previous twelve month's sales below (note these are for sales RECORDED through October 31, 2008).
Southwood Home Sales Cooling
Here is a simple real estate graph of the homes sold in Southwood each month, with the 12 month trend showing as a red-line (average number of homes sold in Southwood each month for the trailing twelve months).
As you can see from the graph, less than 11 homes per month are selling in Southwood, down from a market high of 32 home sales per month in November of 2005.
Previous Blogs Containing Southwood Information Previous Blog On Southwood In Tallahassee
Southwood Home Sales For Past 12 Months
Below are the recorded home sales in Southwood that I have used in this report (for the most recent twelve months of recorded sales). If my records are off in any way, please provide input below so that I can fix the problem.
| Parcel Address | Price | SqFt HC | Year Built | Sale Date | Record Date |
| 3995 FOUR OAKS BLVD | $192,500 | 1,483 | 2001 | 10/15/2008 | 10/16/2008 |
| 4024 COLLETON CT | $175,000 | 1,324 | 2003 | 10/8/2008 | 10/10/2008 |
| 2401 GOLDENROD WAY | $459,000 | 10/3/2008 | 10/9/2008 | ||
| 4267 RALEIGH WAY | $266,000 | 1,692 | 2006 | 10/3/2008 | 10/9/2008 |
| 3626 FOUR OAKS BLVD | $233,000 | 1,777 | 2005 | 10/1/2008 | 10/7/2008 |
| 3753 FOUR OAKS BLVD | $289,300 | 2,156 | 2002 | 10/3/2008 | 10/7/2008 |
| 2469 LANTANA LN | $329,900 | 9/26/2008 | 10/6/2008 | ||
| 3132 MIST FLOWER RD | $465,000 | 9/26/2008 | 10/6/2008 | ||
| 3240 THOREAU AVE | $460,000 | 10/1/2008 | 10/3/2008 | ||
| 4186 FOUR OAKS BLVD | $202,500 | 9/25/2008 | 10/2/2008 | ||
| 4194 FOUR OAKS BLVD | $198,000 | 9/29/2008 | 10/2/2008 | ||
| 4142 FAULKNER LN | $518,000 | 9/26/2008 | 10/1/2008 | ||
| 3108 MIST FLOWER RD | $262,000 | 9/23/2008 | 9/30/2008 | ||
| 4198 FOUR OAKS BLVD | $265,900 | 9/19/2008 | 9/26/2008 | ||
| 4265 SUMMERTREE DR | $255,000 | 1,632 | 2006 | 9/25/2008 | 9/26/2008 |
| 4030 BLAIRSTONE RD | $212,000 | 1,777 | 2005 | 9/12/2008 | 9/22/2008 |
| 3769 FOUR OAKS BLVD | $250,000 | 1,893 | 2002 | 9/17/2008 | 9/22/2008 |
| 4178 FOUR OAKS BLVD | $275,800 | 9/15/2008 | 9/22/2008 | ||
| 3143 MULBERRY PARK BLVD | $195,000 | 1,744 | 2002 | 9/15/2008 | 9/18/2008 |
| 4118 FOUR OAKS BLVD | $221,000 | 8/29/2008 | 9/5/2008 | ||
| 3142 DUXBURY LN | $455,000 | 8/29/2008 | 9/4/2008 | ||
| 3766 PINEY GROVE DR | $575,000 | 3,588 | 2005 | 8/28/2008 | 9/2/2008 |
| 4121 FITZGERALD RD | $145,000 | 2,275 | 2006 | 8/29/2008 | 9/2/2008 |
| 3748 IVY GREEN TRL | $325,000 | 2,381 | 2002 | 8/22/2008 | 8/28/2008 |
| 2468 RAIN LILY WAY | $328,600 | 8/15/2008 | 8/21/2008 | ||
| 3785 CHANTICLEER CT | $281,000 | 2,057 | 2002 | 8/15/2008 | 8/19/2008 |
| 2458 GOLDENROD WAY | $430,400 | 8/13/2008 | 8/18/2008 | ||
| 3181 MULBERRY PARK BLVD | $173,400 | 1,324 | 2002 | 8/7/2008 | 8/11/2008 |
| 3161 BARINGER HILL DR | $349,500 | 2,109 | 2002 | 8/6/2008 | 8/8/2008 |
| 4130 FAULKNER LN | $470,000 | 2,853 | 2006 | 7/30/2008 | 8/8/2008 |
| 3067 BENT GRASS LN | $306,900 | 7/28/2008 | 8/7/2008 | ||
| 3071 BENT GRASS LN | $234,400 | 7/25/2008 | 8/6/2008 | ||
| 3721 RIVERTON TRL | $219,000 | 7/30/2008 | 8/6/2008 | ||
| 2505 TWAIN DR | $324,900 | 2,233 | 2006 | 7/31/2008 | 8/5/2008 |
| 2115 FERNLEIGH DR | $251,000 | 1,782 | 2003 | 7/25/2008 | 8/5/2008 |
| 2452 RAIN LILY WAY | $264,800 | 7/30/2008 | 8/4/2008 | ||
| 3993 FOUR OAKS BLVD | $189,900 | 1,324 | 2001 | 7/24/2008 | 7/30/2008 |
| 3055 BENT GRASS LN | $317,400 | 7/18/2008 | 7/25/2008 | ||
| 2429 GOLDENROD WAY | $461,400 | 7/11/2008 | 7/21/2008 | ||
| 3249 DUNLEITH LN | $242,000 | 2,185 | 2004 | 7/11/2008 | 7/18/2008 |
| 3610 FOUR OAKS BLVD | $228,800 | 1,394 | 2005 | 7/11/2008 | 7/14/2008 |
| 3034 CUMMINGS AVE | $98,000 | 1,837 | 2005 | 7/8/2008 | 7/9/2008 |
| 3219 WHITMAN WAY | $235,000 | 1,683 | 2005 | 6/27/2008 | 7/8/2008 |
| 3690 MOSSY CREEK LN | $730,000 | 7/3/2008 | 7/8/2008 | ||
| 4142 FOUR OAKS BLVD | $217,800 | 6/27/2008 | 7/1/2008 | ||
| 3729 RIVERTON TRL | $273,500 | 6/9/2008 | 7/1/2008 | ||
| 3059 BENT GRASS LN | $265,000 | 6/11/2008 | 6/30/2008 | ||
| 3129 BARINGER HILL DR | $315,000 | 2,368 | 2001 | 6/26/2008 | 6/30/2008 |
| 3717 RIVERTON TRL | $283,500 | 6/11/2008 | 6/30/2008 | ||
| 3147 MULBERRY PARK BLVD | $196,000 | 1,483 | 2002 | 6/26/2008 | 6/27/2008 |
| 3677 MOSSY CREEK LN | $700,000 | 6/26/2008 | 6/27/2008 | ||
| 3211 WHITMAN WAY | $257,000 | 2,021 | 2005 | 6/20/2008 | 6/23/2008 |
| 3116 MIST FLOWER RD | $243,300 | 6/20/2008 | 6/23/2008 | ||
| 3701 LONGFELLOW RD | $375,000 | 2,683 | 2003 | 6/13/2008 | 6/20/2008 |
| 2110 FERNLEIGH DR | $261,000 | 1,620 | 2003 | 6/16/2008 | 6/18/2008 |
| 4670 GROVE PARK DR | $530,000 | 3,145 | 2006 | 6/6/2008 | 6/17/2008 |
| 3725 OVERLOOK DR | $412,000 | 2,521 | 2003 | 6/10/2008 | 6/11/2008 |
| 3034 CUMMINGS AVE | $245,000 | 1,837 | 2005 | 6/9/2008 | 6/10/2008 |
| 4289 SUMMERTREE DR | $269,900 | 1,632 | 2006 | 6/9/2008 | 6/10/2008 |
| 4066 COLLETON CT | $215,000 | 1,744 | 2003 | 6/2/2008 | 6/6/2008 |
| 3689 ESPLANADE WAY | $240,000 | 1,578 | 2003 | 5/30/2008 | 6/6/2008 |
| 3718 LONGFELLOW RD | $330,000 | 2,289 | 2003 | 5/27/2008 | 6/5/2008 |
| 3768 OVERLOOK DR | $399,000 | 2,476 | 2003 | 5/16/2008 | 6/4/2008 |
| 3008 DICKINSON DR | $565,000 | 5/28/2008 | 6/2/2008 | ||
| 2525 TWAIN DR | $367,000 | 2,507 | 2006 | 5/23/2008 | 5/28/2008 |
| 4110 FAULKNER LN | $575,000 | 5/22/2008 | 5/28/2008 | ||
| 4064 SHADY VIEW LN | $319,000 | 2,185 | 2004 | 5/22/2008 | 5/27/2008 |
| 3053 DICKINSON DR | $256,000 | 1,620 | 2005 | 5/20/2008 | 5/22/2008 |
| 2109 CLIMBING WAY | $275,000 | 2,156 | 2003 | 5/9/2008 | 5/22/2008 |
| 3010 CUMMINGS AVE | $220,000 | 1,394 | 2005 | 5/15/2008 | 5/20/2008 |
| 3748 IVY GREEN TRL | $290,000 | 2,381 | 2002 | 5/19/2008 | 5/20/2008 |
| 4269 SUMMERTREE DR | $260,000 | 1,632 | 2006 | 5/12/2008 | 5/20/2008 |
| 4146 FOUR OAKS BLVD | $221,400 | 5/5/2008 | 5/19/2008 | ||
| 4024 SHADY VIEW LN | $290,000 | 2,185 | 2004 | 5/5/2008 | 5/9/2008 |
| 4102 FOUR OAKS BLVD | $214,100 | 5/2/2008 | 5/5/2008 | ||
| 3238 SALINGER WAY | $354,400 | 2,580 | 2004 | 4/21/2008 | 4/24/2008 |
| 2468 LANTANA LN | $374,200 | 4/9/2008 | 4/22/2008 | ||
| 2421 GOLDENROD WAY | $495,500 | 3/6/2008 | 4/8/2008 | ||
| 4044 SHADY VIEW LN | $297,000 | 2,185 | 2004 | 3/31/2008 | 4/2/2008 |
| 2496 LANTANA LN | $410,700 | 3/28/2008 | 4/1/2008 | ||
| 4138 FOUR OAKS BLVD | $210,000 | 3/28/2008 | 4/1/2008 | ||
| 3240 UPDIKE RD | $455,000 | 2,757 | 2005 | 3/28/2008 | 4/1/2008 |
| 3572 MOSSY CREEK LN | $675,000 | 3,717 | 2006 | 3/27/2008 | 3/31/2008 |
| 3259 NEWBERRY BLVD | $236,000 | 1,430 | 2003 | 3/7/2008 | 3/31/2008 |
| 3053 MERCHANTS ROW BLVD | $203,700 | 3/21/2008 | 3/31/2008 | ||
| 4063 SWIFT WAY | $241,000 | 1,394 | 2005 | 3/20/2008 | 3/24/2008 |
| 2480 LANTANA LN | $259,500 | 2/11/2008 | 3/7/2008 | ||
| 3749 IVY GREEN TRL | $300,000 | 2,045 | 2001 | 2/29/2008 | 3/4/2008 |
| 4062 FOUR OAKS BLVD | $242,500 | 2/28/2008 | 3/3/2008 | ||
| 3737 OVERLOOK DR | $400,000 | 2,752 | 2003 | 2/26/2008 | 2/28/2008 |
| 4303 FOUR OAKS BLVD | $51,100 | 1,483 | 2004 | 12/6/2007 | 2/27/2008 |
| 2103 MERRIFIELD LN | $283,000 | 2,203 | 2004 | 2/22/2008 | 2/25/2008 |
| 3061 DICKINSON DR | $269,900 | 2,021 | 2005 | 2/12/2008 | 2/21/2008 |
| 3781 FOUR OAKS BLVD | $292,500 | 2,812 | 2002 | 1/9/2008 | 2/19/2008 |
| 3018 CUMMINGS AVE | $255,000 | 1,524 | 2006 | 2/1/2008 | 2/6/2008 |
| 2471 RAIN LILY WAY | $423,000 | 1/31/2008 | 2/6/2008 | ||
| 4126 FOUR OAKS BLVD | $252,000 | 1/29/2008 | 2/5/2008 | ||
| 4106 FOUR OAKS BLVD | $210,000 | 1/29/2008 | 2/1/2008 | ||
| 3711 LONGFELLOW RD | $330,000 | 2,650 | 2004 | 1/10/2008 | 1/28/2008 |
| 4110 FOUR OAKS BLVD | $245,400 | 1/22/2008 | 1/25/2008 | ||
| 4306 AVON PARK CIR | $105,000 | 1,324 | 2004 | 1/25/2008 | 1/25/2008 |
| 3781 FOUR OAKS BLVD | $280,000 | 2,812 | 2002 | 11/16/2007 | 1/24/2008 |
| 2409 GOLDENROD WAY | $475,100 | 12/20/2007 | 1/7/2008 | ||
| 2570 TWAIN DR | $509,900 | 12/31/2007 | 1/3/2008 | ||
| 3251 DUNLEITH LN | $272,500 | 1,940 | 2003 | 12/28/2007 | 1/2/2008 |
| 2470 GOLDENROD WAY | $419,000 | 12/27/2007 | 12/28/2007 | ||
| 4130 FOUR OAKS BLVD | $245,900 | 12/20/2007 | 12/21/2007 | ||
| 3767 GREYFIELD DR | $410,000 | 2,812 | 2002 | 12/17/2007 | 12/19/2007 |
| 4114 FOUR OAKS BLVD | $277,000 | 12/17/2007 | 12/19/2007 | ||
| 4122 FOUR OAKS BLVD | $213,400 | 12/18/2007 | 12/19/2007 | ||
| 4119 KIPLING CT | $355,000 | 12/5/2007 | 12/13/2007 | ||
| 4038 SWIFT WAY | $323,000 | 2,203 | 2005 | 12/7/2007 | 12/10/2007 |
| 2486 GOLDENROD WAY | $415,000 | 11/30/2007 | 12/7/2007 | ||
| 2462 GOLDENROD WAY | $446,400 | 11/28/2007 | 12/7/2007 | ||
| 3639 MOSSY CREEK LN | $935,000 | 4,358 | 2004 | 12/6/2007 | 12/6/2007 |
| 2488 LANTANA LN | $301,800 | 11/28/2007 | 11/30/2007 | ||
| 2476 LANTANA LN | $300,700 | 11/28/2007 | 11/30/2007 | ||
| 2132 DRAYTON DR | $340,000 | 2,503 | 2005 | 11/28/2007 | 11/30/2007 |
| 2132 DRAYTON DR | $422,000 | 2,503 | 2005 | 11/28/2007 | 11/30/2007 |
| 3089 MERCHANTS ROW BLVD | $219,500 | 11/15/2007 | 11/26/2007 | ||
| 2492 LANTANA LN | $301,900 | 11/15/2007 | 11/21/2007 | ||
| 3736 IVY GREEN TRL | $310,000 | 2,156 | 2002 | 11/16/2007 | 11/21/2007 |
| 4005 COLLETON CT | $214,000 | 1,483 | 2002 | 11/16/2007 | 11/19/2007 |
| 4070 COLLETON CT | $66,500 | 1,483 | 2003 | 11/16/2007 | 11/16/2007 |
| 3077 MERCHANTS ROW BLVD | $209,000 | 11/14/2007 | 11/15/2007 | ||
| 3789 CHANTICLEER CT | $505,000 | 2,851 | 2003 | 11/9/2007 | 11/14/2007 |
| 3686 BILTMORE AVE | $249,500 | 1,584 | 2004 | 11/9/2007 | 11/14/2007 |
| 2467 RAIN LILY LN | $376,600 | 10/29/2007 | 11/6/2007 | ||
| 4234 AVON PARK CIR | $223,000 | 1,483 | 2005 | 10/30/2007 | 11/2/2007 |
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