The next time you are near the intersection of Capital Circle and Mahan Drive and Capital Circle in Northeast Tallahassee, you might want to cruise into Meadowbrook to check out all some excellent houses for sale priced below $200,000.
Meadowbrook offers value, location, and the lifestyle that many Tallahassee families are seeking. It is close to Tom Brown Park, shopping, schools and it provides easy access to just about anywhere in the Tallahassee area.
In this report, we will look at prices, values, and sizes of houses in Meadowbrook, as well as show current listings in the Tallahassee MLS and all closed house sales going back to 2002.
Meadowbrook House Prices
For all of the three housing graphs found below, you will find the number of closed house 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.
House prices rebounded strongly in 2014, and actually reached a 5 year high. The average recorded sales price was $172,900 for Meadowbrook in 2014.
More importantly, it was the second best year based upon the number of closed house sales going back at least twelve years. Currently, there have been 4 closed house sales in Meadowbrook in 2015, and there were 15 closed house sales in Meadowbrook last year.
Meadowbrook House Values
Average house values in Meadowbrook rose 3% last year, which is just slightly higher than the 12 year low established in 2013.
In 2014, the average value of a house sold in Meadowbrook was been $92 per square foot, and that hasn't changed for the four houses sold in 2015.
Meadowbrook House Sizes
The average house size sold in Meadowbrook typically falls in a range of 1,500 to 1,900 square feet, and 2014 recorded the highest average house size sold on record. The 15 sales in 2014 averaged 1,875 square feet, meaning buyers are choosing the larger houses because of the value they were finding.
It only makes sense to see this statistic decline in 2015, as not all houses can be the biggest in the neighborhood. Thus far in 2015, the average size of the 4 houses purchased has been 1,515 square feet (completely at the other end of the spectrum).
Houses For Sale In Meadowbrook
The following list of houses are the most recent listings in Meadowbrook.
Meadowbrook House Sales
The following list shows house sales going back to 2002 in Meadowbrook.
I hope you enjoyed our February 2015 update on house sales in Meadowbrook, please feel free to drop me a note if you have questions not covered in this report.
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