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Tallahassee Lot Sales Report February 17, 2010

The average price of a residential lot in Tallahassee has dropped below $70,000 and looks to continue dropping. Unit sales have trended down to an incredible 30 lot sales per month. This is due to the fact that home sales are down and there is not current demand for new construction. Look for lot sales to stay depressed until housing inventory levels get closer to 6 months of supply.

Lot Sales For January 2010

Subdivision/Location

Address

Price

Sale Date

Sqft

Doc Type

PLANTATION OF TALLAHASSEE PECAN BLOUNTSTOWN ST $50,000 1/29/2010 0 Corp WARRANTY DEED
LOUVINIA HILLS LOUVINIA DR $100 1/25/2010 0 CERTIFICATE OF TITLE
KILLEARN ACRES COUNT FLEET TRL $125,000 1/22/2010 0 Corp WARRANTY DEED
KIMBERTON 3106 SHAMROCK ST N $50,000 1/22/2010 0 WARRANTY DEED
34-01N-02E 0 CHAIRES CROSSING RD $84,000 1/22/2010 0 WARRANTY DEED
CAPITOLA FLA 890 CAP TRAM RD $75,500 1/20/2010 0 QUIT CLAIM DEED
RIVER'S LANDING RIVERS LANDING WAY $40,000 1/19/2010 0 WARRANTY DEED
RIVER'S LANDING RIVERS LANDING WAY $40,000 1/19/2010 0 WARRANTY DEED
07-01N-03E 12645 JEFFERSON CT $20,500 1/19/2010 0 Gen WARRANTY DEED
MAGNOLIA PLACE 627 CHANCEY LN $12,500 1/15/2010 0 QUIT CLAIM DEED
BULL RUN 2572 HALLECK LN $71,500 1/14/2010 0 WARRANTY DEED
BULL RUN 5613 RINGOLD $85,000 1/11/2010 0 WARRANTY DEED
BULL RUN 2566 HALLECK LN $72,500 1/11/2010 0 WARRANTY DEED
TALLAHASSEE RANCH CLUB HIDDEN HORSE WAY $75,500 1/8/2010 0 WARRANTY DEED
MICCOSUKEE MEADOWS ARGYLE LN $58,900 1/7/2010 0 WARRANTY DEED
BEN STOUTAMIRE 3125 BEN STOUTAMIRE RD $30,000 1/6/2010 0 WARRANTY DEED
BULL RUN 2526 LAGRANGE TRL $84,400 1/4/2010 0 WARRANTY DEED

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