Sable Chase Home Sales Report
Like many people who live in Killearn Lakes Plantation, I've discovered a great little neighborhood (56 homes) that joins Killearn Lakes to Bannerman Road. It's called Sable Chase and it is relatively new, with new home sales that started just five years ago.
Unlike some of the larger subdivisions in Tallahassee for which we report, Sable Chase has fewer than 1 home sold each month, so the trends are not as clear to see. The key to trend reporting is to have enough sales (liquidity) that you can draw clear conclusions from the data. With fewer than 1 sale per month, we see quite a bit of "noise" in the data.
In the real estate graph above, the vertical blue bars show the average number of homes sold in Sable Chase each month, while the red field represents the average price trend. Like most neighborhoods in Tallahassee, Sable Chase home prices have been on a steady decline since the top of the market.
Sable Chase Home Values Dropping
In order to get a feel for the level of depreciation in Sable Chase, we look at the overall average price per square foot of arms-length existing home sales. We can see that the peak of the market enjoyed home values that exceeded $150 per square foot, but recently, prices have trended down to $125 per square foot. This seems consistent with many other areas which have seen similar drops.
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Recent Home Sales In Sable Chase
| Parcel Address | Price | SqFt HC | Sale Date |
| 8428 IVY BROOK LN | $171,500 | 1,490 | 7/23/2009 |
| 8404 IVY BROOK LN | $222,000 | 1,754 | 5/27/2009 |
| 1846 ACORN RIDGE TRL | $217,900 | 1,651 | 3/25/2009 |
| 8386 IVY MILL WAY | $231,000 | 1,651 | 7/15/2008 |
| 8366 IVY MILL WAY | $250,000 | 1,693 | 6/10/2008 |
| 8374 IVY MILL WAY | $268,000 | 1,729 | 6/5/2008 |
| 1858 ACORN RIDGE TRL | $240,000 | 1,764 | 5/30/2008 |
| 8420 IVY BROOK LN | $200,700 | 1,651 | 5/13/2008 |
| 8389 IVY BROOK LN | $279,900 | 2,013 | 3/31/2008 |
| 8412 IVY BROOK LN | $221,100 | 1,425 | 3/20/2008 |
| 8389 IVY BROOK LN | $285,500 | 2,013 | 12/14/2007 |
| 1826 ACORN RIDGE TRL | $275,000 | 1,980 | 6/25/2007 |
| 8413 IVY BROOK LN | $300,000 | 2,405 | 4/12/2007 |
| 8395 IVY MILL WAY | $269,000 | 1,745 | 4/6/2007 |
| 1833 ACORN RIDGE TRL | $218,900 | 1,477 | 10/18/2006 |
| 8370 IVY MILL WAY | $279,000 | 1,775 | 9/28/2006 |
| 8449 IVY BROOK LN | $264,000 | 1,693 | 9/12/2006 |
| 8445 IVY BROOK LN | $250,000 | 1,669 | 8/30/2006 |
| 1790 ACORN RIDGE TRL | $288,300 | 1,748 | 8/25/2006 |
| 8389 IVY BROOK LN | $325,000 | 2,013 | 8/11/2006 |
| 8433 IVY BROOK LN | $267,500 | 1,709 | 7/31/2006 |
| 8440 IVY BROOK LN | $291,400 | 1,837 | 6/19/2006 |
| 8394 IVY MILL WAY | $255,000 | 1,826 | 5/19/2006 |
| 8369 IVY MILL WAY | $231,000 | 1,640 | 4/28/2006 |
| 1798 ACORN RIDGE TRL | $222,500 | 1,681 | 4/14/2006 |
| 1834 ACORN RIDGE TRL | $256,500 | 1,724 | 4/6/2006 |
| 1822 ACORN RIDGE TRL | $249,000 | 1,697 | 3/31/2006 |
| 8420 IVY BROOK LN | $238,800 | 1,651 | 3/23/2006 |
| 1806 ACORN RIDGE TRL | $278,000 | 2,011 | 3/15/2006 |
| 8416 IVY BROOK LN | $243,600 | 1,745 | 3/2/2006 |
| 1810 ACORN RIDGE TRL | $241,700 | 1,617 | 2/22/2006 |
| 8428 IVY BROOK LN | $203,000 | 1,490 | 1/9/2006 |
| 1858 ACORN RIDGE TRL | $260,000 | 1,764 | 1/5/2006 |
| 8402 IVY MILL WAY | $246,500 | 1,747 | 1/5/2006 |
| 1814 ACORN RIDGE TRL | $266,400 | 1,806 | 12/29/2005 |
| 1807 ACORN RIDGE TRL | $251,000 | 1,793 | 12/21/2005 |
| 8425 IVY BROOK LN | $310,000 | 1,938 | 12/19/2005 |
| 8377 IVY MILL WAY | $239,800 | 1,675 | 12/16/2005 |
| 8421 IVY BROOK LN | $275,200 | 1,938 | 12/15/2005 |
| 8382 IVY MILL WAY | $206,800 | 1,477 | 11/18/2005 |
| 1854 ACORN RIDGE TRL | $228,700 | 1,474 | 11/10/2005 |
| 8386 IVY MILL WAY | $229,500 | 1,651 | 11/10/2005 |
| 8398 IVY MILL WAY | $215,600 | 1,448 | 10/24/2005 |
| 1822 ACORN RIDGE TRL | $218,500 | 1,697 | 10/12/2005 |
| 1853 ACORN RIDGE TRL | $269,000 | 1,837 | 10/12/2005 |
| 8390 IVY MILL WAY | $265,200 | 2,022 | 10/4/2005 |
| 1799 ACORN RIDGE TRL | $261,000 | 1,751 | 9/30/2005 |
| 1811 ACORN RIDGE TRL | $262,100 | 1,823 | 9/26/2005 |
| 1826 ACORN RIDGE TRL | $231,200 | 1,980 | 9/22/2005 |
| 1845 ACORN RIDGE TRL | $259,600 | 1,732 | 9/22/2005 |
| 8389 IVY BROOK LN | $290,000 | 2,013 | 9/22/2005 |
| 8406 IVY MILL WAY | $222,500 | 1,472 | 9/13/2005 |
| 1818 ACORN RIDGE TRL | $223,500 | 1,777 | 8/31/2005 |
| 1838 ACORN RIDGE TRL | $238,500 | 1,672 | 8/12/2005 |
| 8381 IVY MILL WAY | $256,700 | 1,935 | 8/11/2005 |
| 1830 ACORN RIDGE TRL | $236,200 | 1,855 | 7/28/2005 |
| 1803 ACORN RIDGE TRL | $241,500 | 1,708 | 7/27/2005 |
| 1794 ACORN RIDGE TRL | $262,500 | 1,919 | 7/22/2005 |
| 8453 IVY BROOK LN | $239,000 | 1,664 | 7/20/2005 |
| 8400 IVY BROOK LN | $259,900 | 1,997 | 6/24/2005 |
| 8370 IVY MILL WAY | $252,500 | 1,775 | 6/7/2005 |
| 8445 IVY BROOK LN | $222,600 | 1,669 | 5/16/2005 |
| 8405 IVY BROOK LN | $210,900 | 1,687 | 5/12/2005 |
| 1795 ACORN RIDGE TRL | $213,900 | 1,542 | 4/27/2005 |
| 8441 IVY BROOK LN | $219,200 | 1,664 | 4/22/2005 |
| 8449 IVY BROOK LN | $222,800 | 1,693 | 4/22/2005 |
| 8429 IVY BROOK LN | $223,600 | 1,670 | 3/31/2005 |
| 8437 IVY BROOK LN | $238,600 | 1,542 | 3/11/2005 |
| 8433 IVY BROOK LN | $228,700 | 1,709 | 2/24/2005 |
| 8432 IVY BROOK LN | $214,600 | 1,474 | 2/18/2005 |
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