Waverly Hills Home Sales Report October 2014

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Located in Northeast Tallahassee well inside of I-10, Waverly Hills delivers homes built in the 1960s and 1970s in a highly desirable part of Tallahassee.

Though I haven’t lived there since 1965, I am in and around Waverly Hills quite often as it is located less than a mile North of the Joe Manausa Real Estate office.

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

What was once a 420 acre, 1850s hunting and farming plantation, was transformed 100 years later in to a family neighboorhood, designed to compliment the patriarch oaks, gracious magnolias, towering pines, rolling hillWaverly Ponds, streams and pond that graced its meandering landscape. It was named Waverly Hills, with streets titled after Sir Walter Scott novels. Twelve of the orignal homes were showcased in Tallahassee’s first ever Parade of Homes. Today, Waverly Hills is comprised of over 400 homes, and is one Tallahassees most stable, picturesque, and greatly desired neighborhoods. It’s close proximity to downtown Tallahassee, Market Square, and easy access to I10, Thomasville Rd, Meridian Road, Capital Circle & Blairstone Expressway, offer a central location from which to reach work, shopping and leisure locations with ease. Zoned for some of the area’s best schools, and with an active neighborhood association arranging activities for young and old alike, Waverly Hills is the perfect place to reside. – Waverly Hills Neighborhood Association

Waverly Hills Home Prices

For each of the three real estate graphs found below, 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 mid October in 2014.

Home prices have fallen slightly since last year, making this a very affordable mid-town location for buyers looking to spend $200,000 to $300,000. The average recorded sales price is $250,500 for Waverly Hills thus far in 2014.

Waverly Hill Home Prices

Home sales activity has declined significantly last year, though it is not necessarily indicative of a negative trend. Note that the number of homes sold over the past two year were nearly identical to those recorded at the peak of the housing market. This year could simply be cooling off because fewer homeowners in Waverly Hills need to move. Thus far in 2014, there have been 10 closed home sales in Waverly Hills.

Waverly Hills Home Values

Average home values in Waverly Hills have remained fair stable for the past three years, having climbed up from a low of $91 per square foot established in 2011.

Waverly Hill Home Values

Through mid October, the average value of a home sold in Waverly Hills this year has been $107 per square foot. This is about 22% cheaper than the values recorded when the housing market topped out at $137 per square foot in 2006.

Where is the Tallahassee market headed?

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Waverly Hills Home Sizes

The average home size sold in Waverly Hills typically falls in a range of 2,300 to 2,700 square feet, and this year home sales are most active at the lower end of this range. The 10 sales thus far in 2014 have averaged 2,336 square feet, suggesting that buyers are “reaching up” to get into Waverly Hills.

Waverly Hill Home Sizes

Understanding the kind of “deal” this is for buyers is simple. These 2,300 square foot + homes are selling for roughly $100,000 less than are similarly sized new homes, and most would argue that these are in a far more desirable location. Waverly Hills continues to offer incredible value for buyers ready to make a move.

Homes For Sale In Waverly Hills

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

[idx-listings tract=”Waverly Hills” statuses=”1,2,3″ propertytypes=”3294″ orderby=”DateAdded” orderdir=”DESC” count=”10″ showlargerphotos=”true”]

Waverly Hills Home Sales

The following list shows home sales going back to 2002 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 October 2014 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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