Meadows of Kanapaha is a neighborhood south of the intersection at Tower and Archer Road. There are about 170 homes in the neighborhood each located on an acre or two of land. The neighborhood is surrounded by a few similar neighborhoods… some made up of more expensive homes and some made up of less expensive homes.
In 2007 there were five homes sold in Meadows of Kanapaha. On average they sold at $326,000 ($150/sqft) for a 4 bedroom, 3 bath home built in 2000 after only 2 months on the market.
In there were only two sales in 2008. They averaged a sale price of $295,000 ($132/sqft) for a 4 bedroom, 3 bath home built in 1992 after only 218 days on the market.
There have already been two sales in 2009, so it is hopeful that we are seeing a recovery here. They averaged $345k but dropped their asking price by about $32k before selling, and it took then 263 days to find a buyer.
|Address||SqFt||Year||BR||BA||Org List $||Sell Date||Sell Price||Sell/List Ratio||DOM||Lot Dim||$/Sqft SOLD|
|8701 SW 95th Pl||2,309||2005||4||2.5||$385k||4/20/09||$354k||91.9%||300||1.6ac||$153|
|9253 SW 84th St||2,507||2006||3||2.5||$370k||1/30/09||$278k||75.1%||225||1.5ac||$111|
Homes for Sale
There are currently 6 homes for sale in Meadows of Kanapaha. They range in price from $260k to $472k and in size from 2,000 sqft to 3,100 sqft. On average they have dropped their prices $35k in the 239 days that they have been on the market.
They are asking $140/sqft on average, which is a full $12/sqft higher than either 2009 or 2008 sales.
Three of these owners have tried selling at least once already in the last two years and were unsucessful, and the original asking price and total days on the market are used for the averages here.