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Golf Course Home Sales Are Improving

By
Real Estate Agent with Joe Manausa Real Estate 8508880888

If you are looking for some of the finest houses in Killearn Lakes Plantation, then head to its center where you will find Golden Eagle Plantation.

As Tallahassee's only gated, golf-course community, the privacy and lifestyle are a consistent draw every year. And it's not just any golf course, Golden Eagle features a Tom Fazio golf course that is considered to be one of the finest tracts in North Florida. Around the course, you will find roughly 700 large houses that have many of the features and amenities that you would expect to find in a luxury house community.

In this report, we will look at average house price trends, house value trends, as well as house size trends in Golden Eagle Plantation. Additionally, you can look through all the Golden Eagle houses currently listed for sale in the Tallahassee MLS and review every past house sale going back to 1991.

For each of the three real estate graphs found in this report, you will find the number of closed house 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 narrative contained below is for sales through December for all previous years, but through the third week of June in 2015. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of houses in Golden Eagle Plantation).

Golden Eagle Plantation House Prices

Average house prices are down about 2.5% in 2015 versus last year, but still well above the lows seen in 2012 and 2013. Prices remain 25% below the peak of the market prices established in 2007 (not counting the one atypically large sale in 2009). The average recorded sales price is $440,300 for Golden Eagle Plantation thus far in 2015.

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House sales activity in 2015 remains fairly strong, as the current rate of sales if continued will stand one of the best of the past ten years. Unfortunately, the current pace is still well below the levels recorded during the most active years from 2002 through 2005. Thus far in 2015, there have been 29 closed house sales in Golden Eagle Plantation.

Golden Eagle Plantation House Values

Average house values in Golden Eagle Plantation rose more than 8% last year, but have retreated a bit in 2015.

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Through the third week in June, the average value of a house sold in Golden Eagle Plantation has been $140 per square foot. This is up 9% over the bottom reached in 2013, but still down about 22% from the market high set back in 2006. This means that many houseowners who have purchased or refinanced in the past 10 years likely have little or negative equity in their houses.

Golden Eagle Plantation House Sizes

The average house size sold in Golden Eagle Plantation typically falls in a range of 3,000 to 3,500 square feet, and this year buyers have been selecting houses near the bottom of that range.

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The 23 sales thus far in 2015 have averaged 3,022 square feet.

Houses For Sale In Golden Eagle Plantation

The following list of houses are all of the listings in Golden Eagle Plantation.

Golden Eagle Tallahassee

Previous House Sales

The following list shows house sales going back to 1991 in Golden Eagle Plantation.

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I hope you enjoyed our June 2015 update on house sales in Golden Eagle Plantation, please feel free to drop me a note if you have questions not covered in this report.

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917

Comments(2)

Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Just the words Golden Eagle gets your juices flowing let alone living there

Jul 23, 2015 12:28 AM
Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

It's really a treat here in Tallahassee, thanks Richie Alan Naggar author of books on Life-Love-Intimacy-Purpose 

Jul 23, 2015 12:35 AM