Southwood Housing Report March 2015

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Southwood, the largest and most active neighborhood on the SE side of Tallahassee, is a master planned community that features homes of all sizes plus walking trails and more than 1,000 acres of green space, shops, amenities, and various organized activities.

New construction continues today, having never stopped even during the rapid decline of the housing market. Because of this, you can find homes that are newly built as well as those that are more than twenty years old.

In this report, we will look at prices, values, and sizes of homes in Southwood, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 2002.

Southwood Home Prices

For all three real estate graphs found in this report, you will find the number of closed home sales for each year (blue columns, measured on the left vertical axis), and an important real estate statistic shown in red (measured on the right vertical axis. It is important to note that sales are through December for all previous years, but through the first week of March in 2015.

Average home prices rose 6% in 2014 versus 2013, but have reversed course and declined 10% so far in 2015. Distressed sales are now occurring at a rate of one in every four home sales, and it appears to be having an impact on prices.

Average Home Price

Home sales activity was the same in 2014 as it was in 2013, but still well below the levels recorded during the most active years from 2002 through 2006. There were 146 closed home sales in Southwood in 2014, and 24 thus far in 2015. With only 63 homes currently listed for sale in Southwood, the market is balanced and almost leaning to a sellers market. Needless to say, this is great news for homeowners in Southwood who have been waiting to get their homes on the market.

Southwood Home Values

Average home values in Southwood rose for a second consecutive year in 2014, but have declined by 3% thus far in 2015. Through the time of this writing, home values are still 16% below the levels reached at the peak of the housing market, but 11% above the bottom of the market.

Average Home Value

Through the first week of March, the average value of a home sold in Southwood has been $137 per square foot.

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Southwood Home Sizes

The average home size sold in Southwood falls in a range of 1,600 to 2,300 square feet, a fairly wide range due to the many offerings one can find in this larger-than-most neighborhoods in Tallahassee.

Average Home Size

The 24 sales thus far in 2015 have averaged 2,066 square feet, down about 6% from last year.

Homes For Sale In Southwood

The following list of homes are the most recent listings in Southwood.

Southwood Idx

Southwood Idx

40 Properties
Page 1 of 4
4009 Colleton Court
Tallahassee, FL, 32311
Beds2Baths3MLS#406268
4300 FOUR OAKS Boulevard
Tallahassee, FL, 32311
Beds3Baths3MLS#404008
3716 Riverton Trail
Tallahassee, FL, 32311
Beds3Baths4MLS#404466
4069 Four Oaks Boulevard
Tallahassee, FL, 32311
Beds3Baths3MLS#398440
4071 Four Oaks Boulevard
Tallahassee, FL, 32311
Beds4Baths3MLS#398441
2549 Orange Avenue
Tallahassee, FL, 32311
Beds3Baths2MLS#404539
4079 FOUR OAKS Boulevard
Tallahassee, FL, 32311
Beds4Baths3MLS#401169
4077 FOUR OAKS Boulevard
Tallahassee, FL, 32311
Beds3Baths3MLS#401171
4089 Four Oaks Boulevard
Tallahassee, FL, 32311
Beds4Baths3MLS#404037
4081 FOUR OAKS Boulevard
Tallahassee, FL, 32311
Beds3Baths3MLS#404036
4101 FOUR OAKS Boulevard
Tallahassee, FL, 32311
Beds3Baths3MLS#404038
3097 Merchants Row Boulevard
Tallahassee, FL, 32311
Beds4Baths5MLS#406069

Southwood Home Sales

The following list shows home sales going back to 2002 in Southwood.

Home Sales in Southwood

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
2545 Lantana Ln$525,000$2462026-09-3020162,137Resale
3179 Nathaniel Trce$491,000$2522026-09-2820131,946Resale
3158 Coneflower Dr$330,000$2362026-09-2320091,400Resale
3248 Appleton Dr$540,000$1812026-09-2120062,983Resale
3686 Longfellow Rd$470,000$1982026-09-1820042,379Resale
4075 Four Oaks Blvd$399,900$2362026-09-1120261,695New
2496 Mount Vernon Ln$475,000$2162026-09-0320222,195Resale
2496 Lantana Ln$599,900$1822026-09-0320073,289Resale
3147 Mulberry Park Blvd$299,000$2022026-09-0320021,483Resale
4370 Grove Park Dr Unit 1$420,000$2142026-09-0320051,962Resale
3146 Duxbury Ln$725,000$2052026-08-3120083,541Resale
3242 Stanhope Dr$567,000$2272026-08-2820032,495Resale
2512 Goldenrod Way$514,900$2492026-08-2620142,068Resale
2421 Orange Ave E$435,000$1992026-08-2120102,181Resale
3976 Shumard Oak Blvd$260,000$1962026-08-0520051,324Resale
4073 Four Oaks Blvd$410,700$2422026-07-3020261,695New
3121 Mulberry Park Blvd$350,000$2012026-07-2820021,744Resale
2130 Fielding Way$415,000$1452026-07-2020032,869Resale
3780 Longfellow Rd$685,000$2702026-07-1620112,539Resale
2133 Drayton Dr$542,000$2012026-07-1320022,691Resale
3592 Mossy Creek Ln$1,525,000$2332026-06-3020046,550Resale
4061 Brownstone Way$381,200$2122026-06-3020251,799New
3068 Dickinson Dr$650,000$2492026-06-2920122,608Resale
2527 Blue Ridge Dr$545,000$2532026-06-2220212,150Resale
4286 Raleigh Way$400,000$2212026-06-2220061,813Resale
3951 Cottage Farm Rd$415,000$2322026-06-1720241,788Resale
2509 Twain Dr$555,000$2312026-06-1520052,400Resale
2552 Mount Vernon Ln$460,000$2722026-06-1520191,692Resale
4279 Raleigh Way$414,900$2472026-06-1220061,679Resale
4012 Colleton Ct$255,000$1722026-06-0520021,483Resale
4280 Four Oaks Blvd$322,000$1772026-06-0520101,818Resale
3653 Esplanade Way$425,000$2192026-06-0420031,940Resale
3566 Four Oaks Blvd$330,000$2012026-05-2920051,644Resale
3260 Coneflower Dr$419,000$2652026-05-2820171,582Resale
3297 Jasmine Hill Rd$626,000$2502026-05-2620202,504Resale
4065 Four Oaks Blvd$403,900$2382026-05-2620251,695New
2506 Blue Ridge Dr$565,000$2372026-05-2220232,385Resale
2466 Goldenrod Way$565,000$1972026-05-2220072,868Resale
3635 Mossy Creek Ln$1,295,000$3332026-05-2220053,892Resale
4334 Grove Park Dr$445,200$2272026-05-2220051,962Resale
2554 Goldenrod Way$419,000$2902026-05-2020141,447Resale
3260 Thoreau Ave$637,000$2472026-05-2020062,580Resale
3006 Cummings Ave$382,500$2112026-05-1520051,813Resale
4061 Four Oaks Blvd$420,000$2482026-05-1520251,695New
4270 Park Crossing Trl$275,000$2082026-05-1520051,324Resale
4275 Four Oaks Blvd$263,000$1992026-05-0820041,324Resale
3385 Jasmine Hill Rd$615,000$2852026-05-0420192,155Resale
4315 Four Oaks Blvd$406,000$2072026-05-0420041,966Resale
2123 Fernleigh Dr$490,000$1742026-05-0120042,812Resale
4067 Four Oaks Blvd$409,900$2422026-04-3020251,695New
4548 Grove Park Dr$1,000,000$3392026-04-3020082,951Resale
4640 Grove Park Dr$1,295,000$2762026-04-2920044,700Resale
3255 Salinger Way$515,000$2172026-04-2420042,368Resale
4000 Colleton Ct$295,000$1992026-04-2320021,483Resale
2128 Drayton Dr$557,000$2192026-04-1620032,549Resale
3963 Cottage Farm Rd$420,000$2352026-04-1520241,788Resale
3754 Cunard Dr$655,000$2102026-04-1320023,125Resale
4005 Four Oaks Blvd$589,000$2812026-04-1020252,097New
4221 Summertree Dr$469,000$2262026-04-1020062,073Resale
2501 Twain Dr$535,000$2232026-04-0820062,394Resale
4003 Four Oaks Blvd$619,000$2772026-04-0720252,231New
4016 Shady View Ln$435,000$2232026-04-0120051,953Resale
1945 Tree Swallow Dr$440,000$1732026-03-3020252,550New
3733 Longfellow Rd$675,000$2652026-03-2720032,550Resale
3200 Coneflower Dr$427,800$2732026-03-2520171,569Resale
4572 Grove Park Dr$1,000,000$2652026-03-2020063,778Resale
1933 Tree Swallow Dr$468,000$1842026-03-0620252,550New
2472 Lantana Ln$435,000$1342026-03-0220073,246Resale
4269 Summertree Dr$385,000$2362026-02-2720061,632Resale
3769 Piney Grove Dr$422,000$2222026-02-2020021,905Resale
2500 Goldenrod Way$601,000$2942026-02-1820142,047Resale
3996 Cottage Farm Rd$445,000$2052026-02-1820252,174New
4238 Avon Park Cir$268,000$2022026-02-1620051,324Resale
3249 Whitman Way$520,000$2542026-02-1220052,045Resale
4025 Colleton Ct$335,000$1922026-02-0620021,744Resale
3571 Strolling Way$492,900$2702026-01-3020111,828Resale
1942 Tree Swallow Dr$419,900$1652026-01-2620252,550New
3724 Riverton Trl$314,900$2072026-01-0620101,521Resale
4063 Four Oaks Blvd$399,900$2362026-01-0520251,695New
3997 Brownstone Way$350,000$1952025-12-3120251,799New
4021 Shady View Ln$445,000$2182025-12-3020042,045Resale
4000 Cottage Farm Rd$390,000$2182025-12-2920241,788New
1937 Tree Swallow Dr$384,800$2142025-12-2920251,799New
1941 Tree Swallow Dr$330,000$2092025-12-2920251,580New
3745 Longfellow Rd$625,000$2432025-12-1920032,574Resale
3562 Strolling Way$525,000$2492025-12-1620112,105Resale
4057 Brownstone Way$330,000$2092025-12-1620251,580New
2409 Goldenrod Way$642,500$2332025-12-1220072,758Resale
3805 Piney Grove Dr$560,000$2362025-12-1220032,368Resale
3258 Appleton Dr$545,000$1892025-12-1120042,887Resale
4057 Four Oaks Blvd$433,900$2562025-12-1020251,695New
1946 Tree Swallow Dr$390,000$2172025-12-0520251,799New
1934 Tree Swallow Dr$419,000$2332025-11-2620251,799New
1949 Tree Swallow Dr$360,000$2002025-11-2620251,799New
1938 Tree Swallow Dr$413,300$2302025-11-2520251,799New
2462 Goldenrod Way$597,500$2112025-11-2120072,831Resale
4069 Colleton Ct$265,000$1792025-11-1720031,483Resale
3052 Indian Grass Ln$510,000$2342025-11-1420092,181Resale
3674 Mossy Creek Ln$685,000$2592025-11-1220022,644Resale
4075 Colleton Ct$284,000$2152025-11-0720031,324Resale

I hope you enjoyed our March 2015 update on home sales in Southwood, please feel free to drop me a note if you have questions not covered in this report.

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