Waverly Hills Has So Much Of What Tallahassee Home Buyers Are Seeking

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So you want to buy a house priced between $250,000 and $350,000.

Check.

You want great access to downtown Tallahassee.

Check.

It’s got to be “inside of I-10.”

Check.

And ideally along the Thomasville Road corridor.

Check.

Well, you must be looking for Waverly Hills.

Homes built in the 1960s and 1970s, some renovated to current standards, some still sporting lime green shag carpeting, but this place has got it going on. Situated on more than 400 wooded acres and centered on Waverly Pond, Waverly Hills has much of what Tallahassee’s homebuyers are seeking today in midtown.

If you have an interest in Waverly Hills, use this page to see home price trends, home value trends, current listings in the Tallahassee MLS and all closed home sales going back to 1991.

Home Prices

For all of the three 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 analysis of the information that we provide is current through the second week of May 2015.

Average home prices fell 8% in 2014 but one significantly large sale this year has caused the average price to soar. If one were to only look look at “average” home prices in Waverly Hills, a very incorrect assumption regarding appreciation could be made. Fortunately, we do not fall prey to this typical real estate mistake.

Even with the large home sale that skewed the trend, the average recorded sales price thus far in 2015 has been $333,800, meaning Waverly Hills continues to serve as an affordable mid-town location for buyers looking to spend $250,000 to $350,000.

Average Home Price

Home sales activity declined 11% in 2014, but I suspect this is due more to the strength of the prior two years than to any negative trend occurring in the neighborhood. Note that the number of homes sold during 2012 and 2013 were just slightly below the levels recorded at the peak of the housing market. 

Through mid-May 2015, there have been 5 closed home sales in Waverly Hills.

Home Values

Average home values in Waverly Hills rose by more than 5% in 2014, are are 4% so far this year. Note how home value movement has not been impacted as greatly as the previous graph that showed average home prices soaring. This is why these generalized reports do a great job of keeping you current with trends, but are not suitable data to correctly assess the value of a home in Waverly Hills at any given moment. Ultimately, it takes “boots on the ground” for us to provide you an accurate value of a Waverly Hills home.

Average Home Value

In 2015, the average value of a home sold in Waverly Hills has been $125 per square foot.

Where is the Tallahassee market headed?

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Home Sizes

The average home size sold in Waverly Hills typically falls in a range of 2,300 to 2,700 square feet, but the sale of a 3,700 square foot home (plus a 3,100 square foot home) in the first five sales of the year has skewed the results higher. Look to see “average” home sizes recede as the year progresses.

Average Home Size

The 5 home sales in 2015 averaged 2,705 square feet, which is well above the median home size in Waverly Hills.

If you want a large house at a far-less-than-large price, Waverly Hills continues to deliver value in the Tallahassee real estate market.

Homes For Sale

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

Waverly Hills

Waverly Hills

4 Properties
1207 KENILWORTH Road
Tallahassee, FL, 32312
Beds4Baths2MLS#405615
2936 Brandemere Drive
Tallahassee, FL, 32312
Beds6Baths5MLS#403555
1004 Kenilworth Road
Tallahassee, FL, 32312
Beds4Baths3MLS#402175
1205 KENILWORTH RD
Tallahassee, FL, 32312
Beds4Baths4MLS#406052

Past Home Sales

The following list shows home sales going back to 1991 in Waverly Hills.

Home Sales in Waverly Hills

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
2938 Abbotsford Way$500,000$1812026-10-0119782,757Resale
710 Waverly Rd$500,000$1672026-08-2619543,003Resale
2909 Brandemere Dr$689,000$2602026-07-3019652,650Resale
503 Coldstream Dr$525,000$2792026-07-2319551,882Resale
1022 Lothian Dr$1,350,000$3562026-07-1719683,797Resale
1110 Lothian Dr$802,500$2142026-06-0319683,746Resale
2905 Lasswade Dr$325,000$1792026-04-0719591,818Resale
1129 Mercer Dr$415,000$2012026-03-2519662,068Resale
1004 Ivanhoe Rd$339,000$1502026-02-2719642,260Resale
2926 Abbotsford Way$398,000$1882026-02-1719702,122Resale
1001 Lothian Dr$770,000$2362026-02-1319763,266Resale
605 Waverly Rd$549,000$2132026-01-1219572,580Resale
1101 Waverly Rd$430,000$1882025-12-1819582,290Resale
1001 Kenilworth Road$1,280,000$3932025-11-1719633,257Resale
422 Waverly Rd$260,000$1142025-11-0719782,281Resale
1004 Kenilworth Rd$350,000$1492025-09-2519622,348Resale
910 Lasswade Dr$497,500$1572025-09-1719613,172Resale
711 Kenilworth Rd$332,500$2222025-09-0219701,498Resale
2919 Abbotsford Way$500,000$2162025-07-1119712,312Resale
2909 Lasswade Dr$730,000$3772025-06-1019581,934Resale
2806 Walter Scott St$629,000$2002025-04-1519763,142Resale
906 Lasswade Dr$650,000$2232025-03-1819632,918Resale
1102 Lasswade Dr$360,000$1742025-03-1719622,069Resale
1004 Kenilworth Rd$415,000$1772025-02-2619622,348Resale
2910 Coldstream Dr$550,000$2162024-12-1219762,551Resale
2941 Brandemere Dr$500,000$1552024-12-1019653,219Resale
2802 Coldstream Dr$408,500$1712024-10-2919582,387Resale
1114 Lothian Dr$575,000$2122024-09-2519662,716Resale
805 Waverly Rd$564,900$1792024-09-1619573,158Resale
2805 Rebecca Dr$550,100$3102024-09-1219581,772Resale
1005 Waverly Rd$444,000$2212024-09-1120092,009Resale
1106 Lothian Dr$630,000$2682024-08-1919642,354Resale
2805 Walter Scott St$630,000$2342024-08-0719622,697Resale
1125 Waverly Rd$640,000$2822024-06-1819592,272Resale
1110 Waverly Rd$435,000$2582024-05-3119561,688Resale
2805 Saint Leonard Dr$550,000$1822024-04-3019623,016Resale
605 Lothian Dr$675,000$2162024-03-2919573,127Resale
406 Coldstream Dr$359,000$2232024-02-2919551,608Resale
505 Coldstream Drive$315,000$2092024-02-1519581,510Resale
2912 Lasswade Dr$470,000$1582023-12-1219632,970Resale
2809 Sterling Dr$550,000$1762023-09-0819593,129Resale
718 Kenilworth Rd$489,300$1282023-08-3119543,824Resale
2807 Sterling Dr$525,000$1722023-08-2219623,050Resale
1014 Lothian Dr$544,800$2212023-08-0419942,467Resale
1004 Lasswade Dr$439,900$1872023-06-0819652,352Resale
705 Kenilworth Rd$735,000$2112023-03-3119593,477Resale
605 Lothian Dr$335,000$1072023-02-2419573,127Resale
916 Ivanhoe Rd$455,000$1252023-01-3019663,630Resale
1119 Lasswade Dr$445,000$1492022-10-2519692,990Resale
701 Lothian Dr$630,000$2112022-09-1519842,981Resale
907 Kenilworth Rd$576,000$2302022-08-1519612,507Resale
2804 Sterling Dr$465,000$2252022-06-3019582,071Resale
1017 Lothian Dr$490,000$1302022-06-0119673,783Resale
2806 Rebecca Dr$410,000$1532022-05-2019582,678Resale
2936 Brandemere Dr$679,900$1912022-05-1719693,556Resale
1107 Ivanhoe Rd$340,000$1572022-04-2819632,170Resale
914 Waverly Rd$318,000$1642022-04-2719571,943Resale
707 Lothian Dr$440,000$2102022-04-2119542,091Resale
906 Lasswade Dr$630,000$2162022-04-1419632,918Resale
1001 Lothian Dr$679,900$2082022-04-0119763,266Resale
2912 Lasswade Dr$425,000$1432022-03-3019632,970Resale
1106 Lasswade Dr$460,000$2102022-03-1819642,193Resale
2809 Aberdeen Dr$375,000$2052021-12-1719591,828Resale
503 Coldstream Dr$390,000$2072021-12-1419551,882Resale
2909 Ivanhoe Rd$425,000$1422021-11-3019583,000Resale
441 Waverly Rd$360,000$1492021-10-1519752,424Resale
2917 Woodside Dr$410,000$2362021-10-0419541,739Resale
1103 Kenilworth Rd$500,000$1592021-09-0819673,151Resale
1013 Lothian Dr$555,000$2052021-08-1919672,708Resale
2809 Saint Leonard Dr$367,500$1762021-08-0619632,091Resale
2809 Aberdeen Dr$300,000$1642021-08-0619591,828Resale
409 Coldstream Dr$338,000$2002021-07-1519611,692Resale
1005 Waverly Rd$365,000$1822021-07-1520092,009Resale
2909 Brandemere Dr$643,300$2432021-07-1219652,650Resale
1113 Lothian Dr$580,000$1522021-06-3019863,805Resale
2936 Brandemere Dr$367,500$1032021-06-1819693,556Resale
907 Lasswade Dr$525,000$1952021-06-1719622,695Resale
2802 Saint Leonard Dr$421,000$1522021-06-0219602,775Resale
2921 Ivanhoe Rd$439,800$1732021-05-2719612,535Resale
801 Waverly Rd$415,000$1272021-05-2519613,264Resale
919 Waverly Rd$385,000$1762021-04-1619582,188Resale
501 Coldstream Dr$305,000$1842021-04-1419591,661Resale
1111 Mercer Dr$492,000$1772021-03-3119732,777Resale
1109 Lothian Dr$399,900$1892021-03-1519682,119Resale
1014 Lothian Dr$479,000$1942021-02-1219942,467Resale
2904 Ivanhoe Rd$406,000$1952021-02-1119752,084Resale
2809 Saint Leonard Dr$275,000$1322021-02-0319632,091Resale
2901 Brandemere Dr$295,000$1432021-01-0819682,064Resale
2921 Lasswade Dr$316,000$1892020-12-3019631,672Resale
1001 Lothian Dr$295,000$902020-12-2219763,266Resale
503 Coldstream Dr$247,500$1322020-12-1519551,882Resale
903 Lasswade Dr$755,000$2312020-12-0320153,268Resale
922 Lothian Dr$400,000$1492020-10-1919722,690Resale
1129 Mercer Dr$375,000$1812020-10-0919662,068Resale
612 Lothian Dr$300,000$1922020-10-0219581,560Resale
605 Waverly Rd$410,000$1592020-09-0319572,580New
1001 Kenilworth Road$378,000$1162020-08-3119633,257Resale
1008 Kenilworth Rd$342,000$1442020-08-2119602,376Resale
2912 Abbotsford Way$358,000$1582020-07-2419702,263Resale
1110 Lasswade Dr$269,900$1332020-07-1619622,027Resale

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

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