Summerbrooke Home Sales: Avoid Emotional Baggage To Sell Home Fast
Over the past year, I had the opportunity to meet with two different homeowners to discuss Summerbrooke home sales.
Their stories were similar and their needs were similar, and each felt that their individual home was worth more than I felt the market would bear.
Now understand that these are highly educated people and they were presented with what I feel is solid market feedback about Summerbrooke home sales and home values. This is just more anecdotal evidence that the emotion of selling a home is often far more powerful than any level of formal education.
Ultimately, one followed my advice (sell fast to get the highest price in a declining market), while the other chose to work with a real estate company who was willing to market the home at a price higher than what buyers are willing to pay.
Both no longer live in Summerbrooke, yet one still owns a home there.
My clients received an offer on their home and closed on it within three months of our first meeting, while the other home still remains un-sold. The sale for our client remains as one of the highest values received in Summerbrooke for more than a year (meaning they did not "give the home away").
Since the first meeting, Summerbrooke home sales have continued to slide, and values have dropped even more. I no longer would be able to sell either home at the values I presented to them in the past.
There are currently 33 homes for sale in Summerbrooke (nearly two years of supply) and we continue to see asking prices drop. If you are thinking about selling a home in Summerbrooke, waiting could be very costly. If you want to analyze your situation and review smart courses of action, simply contact me today and we can schedule a time to discuss your specific needs.
If you are thinking about moving and need to sell a home, take a lesson from these two different homeowners.
One chose the harder, correct path and solved his problem. The other continues to live in denial and hope that the market will change for the better. I find it sad that people allow their homes to own them, when in many cases it just doesn't have to be this way.
Summerbrooke Home Sales Prices
The average Summerbrooke home sales price has dropped from $466,000 in 2006 to just $332,000 in 2012. In 2006, $466K would buy you a 2,894 square foot home, whereas today the $322K would buy you a larger home (currently averaging 2,962 square feet).
As you can see from the vertical bars in the real estate graph below, nearly 1/2 of all Summerbrooke home sales this year have been short sales, foreclosures, or bank owned properties.
Summerbrooke Home Sales Values
Summerbrooke home sales have recorded value declines of 30% since the peak of the market, which is just below market average. But when we compare Summerbrooke with it's closest Golf Course Community neighbor, Golden Eagle home values have only declined 24%.
YTD Summerbrooke Home Sales
This next graph looks at Summerbrooke home sales each year from January through May. This means that zero seasonal affects are registered in the graph, and a picture is truly worth a thousand words.
Past Summerbrooke Home Sales
The following is a list of closed Summerbrooke home sales recorded in the Tallahassee MLS.
| Address | Sales Price | Price/SQF | Closing Date | Year Built | SQF | Type |
| 7798 Cricklewood Drive | $279,900 | $115 | 6/15/2012 | 1999 | 2,432 | Distressed |
| 8097 Preservation Road | $351,000 | $137 | 5/1/2012 | 1998 | 2,561 | Arms Length |
| 1154 Ronds Pointe W Drive | $305,000 | $131 | 4/30/2012 | 2000 | 2,335 | Arms Length |
| 1001 Summerbrooke Drive | $365,000 | $81 | 4/6/2012 | 1995 | 4,500 | Distressed |
| 1387 Conservancy Dr E | $245,000 | $91 | 3/16/2012 | 1998 | 2,690 | Distressed |
| 317 Summerbrooke Drive | $349,000 | $118 | 3/15/2012 | 1990 | 2,966 | Arms Length |
| 1220 Greensward Drive | $431,000 | $133 | 1/12/2012 | 2001 | 3,250 | Arms Length |
| 1017 Summerbrooke Drive | $375,000 | $141 | 12/6/2011 | 1993 | 2,651 | Arms Length |
| 1224 Conservancy Drive | $313,000 | $117 | 10/21/2011 | 1998 | 2,683 | Distressed |
| 1179 W Conservancy Drive | $285,000 | $107 | 10/21/2011 | 2001 | 2,671 | Arms Length |
| 7749 Cricklewood Dr | $391,500 | $121 | 10/17/2011 | 2000 | 3,248 | Arms Length |
| 926 Hill Roost Road | $377,188 | $111 | 9/8/2011 | 1993 | 3,410 | Arms Length |
| 1148 Greensward Drive | $319,500 | $125 | 9/1/2011 | 1999 | 2,548 | Arms Length |
| 7862 Preservation Road | $305,000 | $127 | 8/10/2011 | 1996 | 2,408 | Arms Length |
| 7083 Spicewood Lane | $282,000 | $132 | 8/10/2011 | 2001 | 2,133 | Arms Length |
| 8073 Preservation Rd | $285,000 | $120 | 7/29/2011 | 2002 | 2,374 | Arms Length |
| 1017 Summerbrooke Drive | $407,500 | $154 | 7/15/2011 | 1993 | 2,651 | Arms Length |
| 850 Hill Roost Road | $369,000 | $106 | 6/30/2011 | 1994 | 3,482 | Arms Length |
| 7977 Preservation Road | $326,000 | $127 | 6/3/2011 | 2000 | 2,562 | Arms Length |
| 7036 Heritage Ridge Road | $425,000 | $133 | 5/31/2011 | 1994 | 3,187 | Arms Length |
| 7741 Cricklewood Dr | $390,000 | $137 | 5/27/2011 | 1999 | 2,856 | Arms Length |
| 7886 Rael Court | $420,000 | $126 | 5/20/2011 | 1999 | 3,338 | Arms Length |
| 7551 Preservation Road | $350,000 | $105 | 4/29/2011 | 2004 | 3,332 | Distressed |
| 7130 Nesters Drive | $289,000 | $95 | 4/27/2011 | 1995 | 3,027 | Distressed |
| 3478 Hyde Park Way | $258,000 | $119 | 1/31/2011 | 1994 | 2,161 | Arms Length |
| 3029 Obrien Drive | $323,500 | $124 | 1/13/2011 | 1992 | 2,613 | Arms Length |
| 8143 Bloys Ct | $335,000 | $131 | 1/12/2011 | 2001 | 2,566 | Arms Length |
| 1152 Greensward Ct | $350,000 | $133 | 1/6/2011 | 2000 | 2,622 | Arms Length |
| 7115 Nesters Drive | $475,000 | $149 | 12/23/2010 | 2003 | 3,180 | Distressed |
| 8061 Preservation | $385,000 | $126 | 12/20/2010 | 2005 | 3,050 | Arms Length |
| 8135 Viburnum Ct | $325,000 | $133 | 12/17/2010 | 2005 | 2,444 | Arms Length |
| 531 Summerbrooke Drive | $339,000 | $118 | 11/22/2010 | 1990 | 2,868 | Arms Length |
| 7131 Nesters Drive | $570,000 | $123 | 11/18/2010 | 2005 | 4,639 | Arms Length |
| 7532 Preservation Rd | $350,000 | $138 | 11/18/2010 | 2003 | 2,528 | Arms Length |
| 7960 Downs Court | $375,000 | $132 | 10/29/2010 | 1999 | 2,849 | Arms Length |
| 6873 Spicewood Ln | $310,000 | $103 | 10/29/2010 | 2000 | 3,004 | Arms Length |
| 8169 Parterre Court | $331,100 | $140 | 10/28/2010 | 2003 | 2,360 | Arms Length |
| 7140 Heritage Ridge | $350,000 | $113 | 10/27/2010 | 1993 | 3,089 | Arms Length |
| 7032 Spicewood Lane | $315,000 | $117 | 9/30/2010 | 2003 | 2,683 | Arms Length |
| 7757 Cricklewood Drive | $348,500 | $130 | 9/17/2010 | 1997 | 2,678 | Arms Length |
| 7109 Heritage Ridge Road | $300,000 | $112 | 9/15/2010 | 1991 | 2,668 | Distressed |
| 1239 Conservancy Drive | $343,000 | $136 | 9/10/2010 | 2000 | 2,517 | Distressed |
| 8117 Blenheim Lane | $270,000 | $126 | 8/31/2010 | 2003 | 2,136 | Arms Length |
| 8123 Viburnum Court | $304,000 | $116 | 8/26/2010 | 2000 | 2,614 | Distressed |
| 7504 Preservation Road | $370,000 | $138 | 8/20/2010 | 1999 | 2,676 | Distressed |
| 7140 Wooded Gorge Road | $376,000 | $141 | 8/4/2010 | 2001 | 2,673 | Distressed |
| 8162 Parterre Court | $230,000 | $105 | 7/23/2010 | 2005 | 2,198 | Arms Length |
| 1351 E Conservancy Drive | $325,000 | $116 | 6/29/2010 | 2000 | 2,792 | Distressed |
| 7083 Spicewood Lane | $282,500 | $132 | 6/28/2010 | 2001 | 2,133 | Arms Length |
| 1220 E Conservancy | $317,000 | $103 | 6/23/2010 | 1995 | 3,083 | Arms Length |
| 7765 Cricklewood | $410,000 | $136 | 6/15/2010 | 2000 | 3,008 | Arms Length |
| 8089 Longmeadow Lane | $537,500 | $132 | 5/28/2010 | 2008 | 4,062 | Arms Length |
| 1275 Conservancy Dr E | $312,000 | $132 | 5/27/2010 | 1996 | 2,361 | Distressed |
| 1033 Summerbrooke Drive | $465,000 | $164 | 5/20/2010 | 2003 | 2,837 | Arms Length |
| 1418 Stourhead Court | $330,000 | $114 | 5/11/2010 | 1999 | 2,900 | Distressed |
| 8067 Preservation Road | $338,000 | $138 | 5/10/2010 | 2003 | 2,446 | Arms Length |
| 933 Summerbrooke Drive | $404,000 | $101 | 5/7/2010 | 1994 | 4,018 | Arms Length |
| 1420 Stourhead Court | $409,000 | $110 | 5/6/2010 | 1997 | 3,733 | Distressed |
| 300 Summerbrooke Drive | $465,000 | $159 | 4/30/2010 | 1991 | 2,920 | Arms Length |
| 1176 Greensward Drive | $362,500 | $118 | 4/16/2010 | 2001 | 3,084 | Arms Length |
| 1216 E Conservancy Drive | $360,000 | $131 | 3/18/2010 | 2000 | 2,750 | Arms Length |
| 1341 Conservancy Drive | $375,000 | $140 | 3/11/2010 | 1999 | 2,688 | Arms Length |
| 7983 Lochknoll Lane | $392,000 | $130 | 3/1/2010 | 2000 | 3,013 | Distressed |
| 7924 Preservation Road | $350,000 | $141 | 12/30/2009 | 1996 | 2,478 | Arms Length |
| 8060 Preservation Rd | $330,000 | $114 | 12/18/2009 | 2004 | 2,901 | Arms Length |
| 1404 E Conservancy Drive | $320,000 | $120 | 12/8/2009 | 1998 | 2,657 | Distressed |
| 317 Summerbrooke Drive | $299,000 | $98 | 11/6/2009 | 1990 | 3,066 | Arms Length |
| 8150 Parterre Court | $290,000 | $125 | 11/3/2009 | 2001 | 2,314 | Arms Length |
| 932 Summerbrooke Drive | $375,000 | $122 | 10/30/2009 | 1993 | 3,084 | Arms Length |
| 1160 W Conservancy Drive | $358,000 | $122 | 10/29/2009 | 1996 | 2,944 | Arms Length |
| 1200 Greensward Drive | $343,500 | $139 | 10/27/2009 | 2000 | 2,476 | Arms Length |
| 924 Summerbrooke Drive | $360,000 | $145 | 8/31/2009 | 1996 | 2,479 | Arms Length |
| 1276 Conservancy Dr | $395,000 | $143 | 8/13/2009 | 2001 | 2,766 | Distressed |
| 1044 Summerbrooke Dr | $380,000 | $114 | 8/11/2009 | 1994 | 3,329 | Arms Length |
| 893 Summerbrooke Drive | $309,000 | $108 | 8/10/2009 | 1994 | 2,850 | Arms Length |
| 1136 Greensward | $383,000 | $153 | 8/10/2009 | 1999 | 2,502 | Arms Length |
| 1009 Summerbrooke Drive | $412,500 | $166 | 8/7/2009 | 2005 | 2,483 | Arms Length |
| 637 Summerbrooke Dr | $374,000 | $127 | 8/4/2009 | 1991 | 2,956 | Arms Length |
| 7874 Preservation Road | $325,000 | $138 | 7/24/2009 | 1997 | 2,363 | Arms Length |
| 7734 Cricklewood Drive | $400,000 | $120 | 7/10/2009 | 2001 | 3,326 | Arms Length |
| 1337 Conservancy Drive E | $335,000 | $136 | 6/29/2009 | 2000 | 2,470 | Arms Length |
| 7912 Preservation Road | $315,000 | $141 | 5/22/2009 | 2000 | 2,239 | Arms Length |
| 1359 Conservancy Court | $277,500 | $129 | 5/7/2009 | 2001 | 2,153 | Arms Length |
| 7110 Heritage Ridge Road | $369,000 | $135 | 5/6/2009 | 1992 | 2,731 | Arms Length |
| 7510 Preservation Road | $485,000 | $169 | 5/6/2009 | 2000 | 2,875 | Arms Length |
| 7516 Preservation Road | $376,000 | $153 | 4/24/2009 | 1995 | 2,450 | Arms Length |
| 1228 Greensward Drive | $460,000 | $152 | 4/3/2009 | 2001 | 3,032 | Arms Length |
| 1346 E Conservancy Drive | $385,000 | $131 | 4/3/2009 | 2001 | 2,940 | Arms Length |
| 7845 Preservation Road | $240,000 | $112 | 3/16/2009 | 1995 | 2,151 | Arms Length |
| 6520 Spicewood Ln | $325,000 | $133 | 2/26/2009 | 1997 | 2,436 | Arms Length |
| 8086 Ronds Pointe Court | $370,000 | $151 | 1/12/2009 | 2002 | 2,448 | Arms Length |
| 7477 Preservation Road | $550,000 | $151 | 12/10/2008 | 2003 | 3,641 | Arms Length |
| 7708 Preservation Rd | $410,000 | $141 | 12/5/2008 | 1995 | 2,910 | Arms Length |
| 1144 Greensward | $365,000 | $120 | 12/2/2008 | 1999 | 3,050 | Arms Length |
| 1383 Conservancy Dr E | $360,000 | $132 | 11/24/2008 | 1997 | 2,725 | Arms Length |
| 8116 Blenheim Lane | $342,900 | $140 | 11/21/2008 | 2003 | 2,448 | Arms Length |
| 1435 Conservancy Drive East | $439,000 | $144 | 10/31/2008 | 2000 | 3,048 | Arms Length |
| 8129 Viburnum Court | $390,000 | $135 | 10/27/2008 | 2002 | 2,899 | Arms Length |
| 7585 Preservation Rd | $440,000 | $144 | 9/12/2008 | 2000 | 3,045 | Arms Length |
| 917 Summerbrooke Drive | $535,000 | $177 | 9/5/2008 | 1993 | 3,018 | Arms Length |
| 7133 Wooded Gorge Road | $440,000 | $121 | 8/1/2008 | 1995 | 3,622 | Arms Length |
| 1108 Greensward Drive | $452,500 | $141 | 7/30/2008 | 1998 | 3,203 | Arms Length |
| 1209 E Conservancy Drive | $315,000 | $136 | 7/9/2008 | 2001 | 2,318 | Arms Length |
| 512 Summerbrooke Drive | $450,000 | $170 | 7/1/2008 | 1990 | 2,642 | Arms Length |
| 1224 Greensward Dr | $540,000 | $159 | 6/30/2008 | 2003 | 3,401 | Arms Length |
| 1378 Conservancy Dr E | $415,000 | $156 | 6/20/2008 | 1999 | 2,661 | Arms Length |
| 1060 Summerbrooke Drive | $460,000 | $153 | 6/10/2008 | 2002 | 3,006 | Arms Length |
| 8136 Viburnum Court | $380,000 | $137 | 5/30/2008 | 2003 | 2,768 | Arms Length |
| 1400 Conservancy Drive E | $380,000 | $148 | 5/15/2008 | 1999 | 2,573 | Arms Length |
| 1304 Conservancy Drive | $435,000 | $155 | 5/2/2008 | 1998 | 2,813 | Arms Length |
| 1112 Lochknoll | $630,000 | $169 | 4/25/2008 | 2000 | 3,717 | Arms Length |
| 883 Hill Roost Road | $319,250 | $146 | 3/21/2008 | 1992 | 2,189 | Arms Length |
| 874 Hill Roost Road | $489,900 | $155 | 3/21/2008 | 2000 | 3,159 | Arms Length |
| 1391 Conservancy Drive East | $365,000 | $150 | 3/5/2008 | 1999 | 2,437 | Arms Length |
| 7083 Spicewood Lane | $315,000 | $145 | 1/31/2008 | 2001 | 2,175 | Arms Length |
| 7540 Preservation Road | $465,000 | $167 | 1/18/2008 | 2000 | 2,783 | Arms Length |
| 1113 Lochknoll Court | $687,000 | $157 | 1/14/2008 | 1997 | 4,381 | Arms Length |
| 7695 Willow Bastic Ct | $365,000 | $146 | 1/9/2008 | 1994 | 2,501 | Arms Length |
| 7116 Wooded Gorge Rd | $390,000 | $160 | 1/7/2008 | 1996 | 2,436 | Arms Length |
Thanks for stopping by and viewing another Tallahassee neighborhood report. Please check back from time to time as we analyze other subdivisions in Tallahassee (including updates on Summerbrooke home sales).
*Joe Manausa Real Estate is a brokerage company headquartered in Tallahassee, Florida. Its unique business model provides specialists to both home sellers and home buyers, and the results speak for themselves. JMRE has significantly more 5-star reviews on google than any other local competitor. Joe Manausa Real Estate is a leader in internet marketing and utilizes search engine optimization, email marketing, social media and data analytics to get their clients’ home sold faster and for more money than any other Tallahassee brokerage firm. For more information, visit www.manausa.com or call us at (850) 366-8917.
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