Shannon Forest Home Sales Report September 2015

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Shannon Forest is a popular Northeast Tallahassee neighborhood where home sales are vibrant, posting one of the best years looking back more than 10 years.

Situated among the small neighborhoods along the Thomasville Road corridor on the Western boundary of Killearn Estates, location and school zones are the primary benefit that are influencing buyers to move here now.

When you drill down into what has sold and what is on the market, I believe you’ll come to the conclusion that buyers are running out of time to “steal” a house in Shannon Forest.

For the time being, home values are still attractive, with properties offered well-below the cost of replacement. But this just won’t be the case much longer. Supply is running out and new construction costs are going to be significantly higher.

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 first week of September 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 Shannon Forest).

Shannon Forest Home Prices

Average home prices have come down a little since our last report on Shannon Forest. The average sales price still remains higher than it was last year, up roughly 4.5% over the average closed home sales prices posted in 2014. The average recorded sales price has been $191,000 for Shannon Forest through the first week in September.

Average Home Price

There have been 12 closed home sales thus far in 2015, and we are just one sale short of what closed all year in 2014 in Shannon Forest. This level of sales is consistent with the best of any year going back to 2005, but a few sales short of the averages recorded in the 1990s. Currently, there are only two homes available in the neighborhood, and they likely won’t be there if you’re waiting for a year-end clearance event.

Shannon Forest Home Values

Average home values in Shannon Forest have risen three years in a row, up from a post-bubble record low set in 2012. Home values rose 2% in 2014, but they have jumped up 11% thus far in 2015. With new homes selling for more than $130 per foot in most cases, you can see why the home values are so attractive right now in Shannon Forest.

Average Home Value

In 2015, the average value of a home sold in Shannon Forest has been $102 per square foot.

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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 has recorded sales well within this range.

Average Home Size

The 12 homes sold in 2015 averaged 1,910 square feet, but the two remaining listings in Shannon Forest are much larger. 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 September 2015 update on home sales in Shannon Forest, please feel free to drop me a note if you have questions not covered in this report.

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