Shannon Forest Home Sales Report March 2016

Posted by
Share
Share
Share
Share

Shannon Forest is a small neighborhood on the Thomasville Road corridor just West of Killearn Estates, but home sales make it appear to be much bigger.

This popular NE Tallahassee subdivision had a big year last year, and it appears the momentum has continued for 2016.

When you combine a prime location with A-rated school zones, it’s no wonder that homebuyers are attracted to Shannon Forest.

In our past reports on home sales in Shannon Forest, we advised that the prices were unusually low and that they wouldn’t last, and today’s report will confirm that we were right.

There are still some great values to be found, but rising values and rising prices will be a steady theme for quite some time.

In this report, take a close look at home price trends, home value trends, and home size trends in Shannon Forest, as well as view current listings in the Tallahassee MLS and all closed home sales going back to 1991. 

For the 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 third week of March in 2016. 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 Shannon Forest).

Shannon Forest Home Prices

Average home prices are up roughly 18% over the home prices posted in 2015, a shockingly huge spike if we didn’t know the reason. But we do. The average recorded sales price has been $208,375 for Shannon Forest through the third week in March. There will still be homes that sell below $200,000, but they will become fewer and fewer.

Average Home Price

There were 19 closed home sales in 2015, which meant that last year we saw more Shannon Forest homes sell than in any year prior going back to 2005. Sales remain brisk in the first quarter of 2016, as four homes have already sold. There are currently 10 homes on the market, with two under contract. Expect 2016 to bring another strong year for home sales in Shannon Forest.

Shannon Forest Home Values

Average home values in Shannon Forest have risen four years in a row, up from a post-bubble record low set in 2012. Home values rose 2% in 2014, but they shot up more than 5% in 2015. They have continued to rise again in 2016 and I would expect we’ll see the trend of appreciation to continue.

Average Home Value

In 2016, the average value of a home sold in Shannon Forest has been $102 per square foot.

Where is the Tallahassee market headed?

New articles as they publish, plus the Monday market report. Free, by email.

Shannon Forest Home Sizes

The average home size sold in Shannon Forest typically falls in a range of 1,800 to 2,000 square feet, and 2015 saw home sales at the lower end of this range. Currently in 2016, the opposite is true, as the average home size this year has been 2,278 square feet.

Average Home Size

Homeowners who want to sell should get them listed immediately to take advantage of the high demand for NE Tallahassee homes along the Thomasville Road corridor.

Homes For Sale In Shannon Forest

The following list of homes are the most recent listings in Shannon Forest. Note: If no homes are on the market, all you will see is a map of Tallahassee. This information is updated every 15 minutes, so you can be sure that it is the most accurate view of the Shannon Forest market of homes for sale.

Shannon Forest

Shannon Forest

3 Properties
2504 Debden Court
Tallahassee, FL, 32309
Beds3Baths3MLS#403339
2308 Forsythe Court
Tallahassee, FL, 32309
Beds4Baths3MLS#405780
2304 Hampshire Way
Tallahassee, FL, 32309
Beds4Baths2MLS#406788

Shannon Forest Home Sales

The following list shows home sales going back to 1991 in Shannon Forest.

Home Sales in Shannon Forest

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
2308 Notley Ct$335,000$2032026-09-1819761,650Resale
3770 Suffolk Dr$300,000$1782026-06-2619751,684Resale
2316 Braeburn Cir$345,000$2192026-06-2319731,572Resale
2357 Braeburn Cir$395,000$2112026-06-1619741,870Resale
3795 Forsythe Way$477,500$1952026-06-0119742,451Resale
3716 Suffolk Dr$422,300$2422026-05-2819741,744Resale
3661 Barbary Dr$415,500$2002026-05-2119742,080Resale
3772 Forsythe Way$489,000$2002026-04-3019742,450Resale
3799 Forsythe Way$400,000$2222026-04-0119741,800Resale
3751 Forsythe Way$530,000$2062026-04-0119762,578Resale
2336 Foxboro Way$439,900$2032026-03-3019882,165Resale
3640 Barbary Dr$330,000$1892026-03-2519731,744Resale
2501 Debden Ct$350,000$1812026-01-2619741,930Resale
3620 Barbary Dr$300,000$1952025-09-2619801,539Resale
2408 Shalley Dr$386,000$1942025-09-1919741,986Resale
2305 Carrick Ct$290,000$1742025-08-0619761,662Resale
3733 Suffolk Dr$380,000$1962025-05-2319731,940Resale
3752 Suffolk Dr$476,000$1752025-03-1419752,725Resale
2508 Debden Ct$365,000$2432025-03-0720061,502Resale
2361 Braeburn Cir$365,000$1902025-01-2419731,920Resale
2405 Glenshire Ln$295,000$1982025-01-0619871,491Resale
2304 Notley Ct$348,300$1832024-11-2019741,901Resale
3793 Patch Dr$390,000$1642024-09-1819882,385Resale
3794 Mitzi Way$472,000$1802024-09-1219882,629Resale
3729 Forsythe Way$365,000$1842024-08-3019731,981Resale
2271 Hampshire Way$355,000$2032024-07-0319751,752Resale
2500 Debden Ct$390,000$1902024-06-0719762,048Resale
2357 Hampshire Way$395,000$1672024-03-2919742,359Resale
3752 Suffolk Dr$313,500$1152024-03-2619752,725Resale
2309 Foxboro Way$305,000$1712024-02-0619741,788Resale
3624 Barbary Dr$335,000$1252024-02-0119792,685Resale
2416 Cadney Ct$360,000$1812023-10-2719871,992Resale
2305 Foxboro Way$442,500$1672023-10-2519732,646Resale
3745 Suffolk Dr$523,000$1842023-10-1319752,842Resale
3732 Mundon Way$385,000$1532023-10-1019742,513Resale
3716 Suffolk Dr$381,000$2182023-06-3019741,744Resale
2304 Notley Ct$320,000$1682023-06-0919741,901Resale
3645 Barbary Dr$425,000$1702023-06-0719742,498Resale
2428 Shalley Dr$377,000$1852023-05-1919802,037Resale
3649 Barbary Dr$350,000$1912023-05-1519741,837Resale
2400 Shalley Dr$468,000$2102023-05-1519762,227Resale
2313 Hampshire Way$400,000$2002023-04-2719732,003Resale
3609 Barbary Drive$400,000$2262023-02-1419731,771Resale
3736 Forsythe Way$380,000$1732022-11-2319732,198Resale
3792 Mitzi Way$365,000$1512022-11-0119882,410Resale
3608 Barbary Drive$320,000$1832022-09-2319731,750Resale
3617 Barbary Dr$270,000$1732022-09-1619731,558Resale
3715 Mundon Way$330,000$2372022-09-1619761,392Resale
2316 Carrick Ct$311,000$1862022-09-0919761,675Resale
3679 Barbary Dr$300,000$1812022-07-2919751,658Resale
3769 Suffolk Dr$285,000$1382022-07-2919752,058Resale
2312 Notley Ct.$317,000$1792022-06-2319761,770Resale
3757 Suffolk Dr$392,300$1232022-05-0519743,192Resale
2308 Foxboro Way$380,000$1972022-04-2219731,926Resale
2301 Glenshire Ct$368,000$1832022-04-1219732,016Resale
3792 Forsythe Way$410,000$1472022-04-0719732,786Resale
2305 Notley Ct$300,000$2062022-03-1119761,454Resale
3762 Suffolk Drive$265,000$1712022-03-0419761,547Resale
3609 Barbary Drive$150,000$852022-03-0319731,771Resale
2337 Braeburn Cir$311,800$1452022-02-2819762,152Resale
2308 Foxboro Way$325,000$1692022-02-2219731,926Resale
2301 Braeburn Cir$295,000$1762022-02-1819731,674Resale
3729 Suffolk Dr$341,200$1792021-12-3019731,903Resale
3680 Barbary Dr$299,900$1772021-12-2319761,696Resale
2420 Shalley Dr$310,000$1892021-11-0119741,644Resale
2306 Suffolk Ct$225,000$1442021-08-0919761,566Resale
3742 Mundon Way$289,900$1932021-07-2219741,503Resale
3775 Forsythe Way$427,000$1942021-07-1619742,200Resale
3732 Mundon Way$340,000$1352021-07-0719742,513Resale
3648 Barbary Dr$284,000$1662021-05-2119761,706Resale
2316 Braeburn Cir$296,500$1892021-05-2119731,572Resale
2400 Debden Dr$239,900$1472021-05-1419761,632Resale
2305 Suffolk Court$285,700$1482021-04-2119751,933Resale
2308 Forsythe Ct$350,000$1612021-04-1319742,170Resale
3660 Barbary Dr$237,500$1312021-03-0519761,810Resale
3774 Suffolk Dr$281,500$1932021-02-2619761,462Resale
3742 Mundon Way$201,200$1342021-02-0519741,503Resale
2285 Hampshire Way$238,500$1482021-01-2919831,610Resale
3688 Barbary Dr$259,900$1422021-01-0819751,833Resale
2445 Shalley Dr$380,000$1502020-12-1819752,532Resale
2305 Forsythe Ct$300,000$1452020-12-0419882,076Resale
3729 Mundon Way$237,100$1382020-11-3019751,713Resale
3755 Forsythe Way$220,000$1392020-10-2319881,582Resale
2305 Notley Ct$248,000$1712020-09-1819761,454Resale
3645 Barbary Dr$277,000$1112020-08-3119742,498Resale
2420 Shalley Dr$260,000$1582020-08-2819741,644Resale
2357 Hampshire Way$325,000$1382020-08-0719742,359Resale
3728 Forsythe Way$339,000$1382020-07-3019732,454Resale
3733 Forsythe Way$305,000$1352020-07-0719732,266Resale
2404 Debden Dr$225,000$1492020-07-0119751,510Resale
2309 Carrick Ct$277,000$1542020-06-1919741,798Resale
3725 Mundon Way$254,000$1402020-06-1219751,815Resale
2316 Foxboro Way$270,000$1472020-04-3019921,839Resale
2313 Carrick Ct$325,000$1372020-04-1719742,380Resale
2305 Braeburn Circle$326,000$1402020-03-2519732,333Resale
2512 Debden Ct$250,000$1402020-03-0619771,786Resale
3628 Barbary Dr$175,000$1122019-11-2719741,561Resale
2350 Braeburn Cir$210,000$1402019-10-3019741,505Resale
3644 Barbary Dr$265,000$1352019-10-2519731,969Resale
2324 Hampshire Way$263,900$1402019-08-0919741,891Resale

I hope you enjoyed our March 2016 update on home sales in Shannon Forest, please feel free to drop me a note if you have questions not covered in this report.

Related Posts