Tallahassee Home Inventory Report January 2013

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of January 6, 2013. Each area of Tallahassee (Leon County, Florida) is summarized with homes for sale, homes that have sold over the past 12 months, and finally the relative supply of homes for sale (measured in “months of supply”).

Real Estate Supply And Demand Tallahassee Home Inventory Report January 2013, Tallahassee Real Estate

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  Leon County Home Inventory Report  
  Residential Supply January 2013  
                                 
          For Sale   Sold (Past 12 Months)   Months of Supply  
  PRICE RANGE All New Resale   All New Resale   All New Resale  
  Northeast Leon County (Area 1)  
  $0 - $75,000 21 0 21   33 0 33   7.6 No Sales 7.6  
  $75,000 - $100,000 42 0 42   64 0 64   7.9 No Sales 7.9  
  $100,000 - $125,000 38 0 38   66 0 66   6.9 No Sales 6.9  
  $125,000 - $150,000 59 0 59   124 2 122   5.7 0.0 5.8  
  $150,000 - $200,000 129 2 127   337 2 335   4.6 12.0 4.5  
  $200,000 - $250,000 140 16 124   261 32 229   6.4 6.0 6.5  
  $250,000 - $300,000 99 17 82   148 34 114   8.0 6.0 8.6  
  $300,000 - $500,000 171 13 158   201 18 183   10.2 8.7 10.4  
  $500,000 - $750,000 34 1 33   38 0 38   10.7 No Sales 10.4  
  $750,000 + 29 1 28   11 2 9   31.6 6.0 37.3  
  Totals 762 50 712   1283 90 1193   7.1 6.7 7.2  
                                 
  Northwest Leon County (Area 2)  
  $0 - $75,000 131 0 131   247 0 247   6.4 No Sales 6.4  
  $75,000 - $100,000 108 1 107   113 0 113   11.5 No Sales 11.4  
  $100,000 - $125,000 67 0 67   85 0 85   9.5 No Sales 9.5  
  $125,000 - $150,000 55 1 54   83 0 83   8.0 No Sales 7.8  
  $150,000 - $200,000 47 5 42   75 7 68   7.5 8.6 7.4  
  $200,000 - $250,000 18 1 17   19 3 16   11.4 4.0 12.8  
  $250,000 - $300,000 15 1 14   13 1 12   13.8 12.0 14.0  
  $300,000 - $500,000 15 0 15   10 0 10   18.0 No Sales 18.0  
  $500,000 - $750,000 3 0 3   2 0 2   18.0 No Sales 18.0  
  $750,000 + 2 0 2   1 0 1   24.0 No Sales 24.0  
  Totals 461 9 452   648 11 637   8.5 9.8 8.5  
                                 
  SouthEast Leon County (Area 3)  
  $0 - $75,000 65 0 65   80 0 80   9.8 No Sales 9.8  
  $75,000 - $100,000 50 0 50   45 0 45   13.3 No Sales 13.3  
  $100,000 - $125,000 33 0 33   54 1 53   7.3 0.0 7.5  
  $125,000 - $150,000 34 0 34   46 3 43   8.9 0.0 9.5  
  $150,000 - $200,000 31 0 31   44 0 44   8.5 No Sales 8.5  
  $200,000 - $250,000 12 0 12   29 3 26   5.0 0.0 5.5  
  $250,000 - $300,000 13 5 8   31 11 20   5.0 5.5 4.8  
  $300,000 - $500,000 18 4 14   37 14 23   5.8 3.4 7.3  
  $500,000 - $750,000 12 0 12   5 0 5   28.8 No Sales 28.8  
  $750,000 + 1 0 1   0 0 0   No Sales No Sales No Sales  
  Totals 269 9 260   371 32 339   8.7 3.4 9.2  
                                 
  Southwest Leon County (Area 4)  
  $0 - $75,000 69 0 69   120 8 112   6.9 0.0 7.4  
  $75,000 - $100,000 26 0 26   19 0 19   16.4 No Sales 16.4  
  $100,000 - $125,000 17 0 17   8 0 8   25.5 No Sales 25.5  
  $125,000 - $150,000 16 0 16   5 0 5   38.4 No Sales 38.4  
  $150,000 - $200,000 11 1 10   10 0 10   13.2 No Sales 12.0  
  $200,000 - $250,000 9 0 9   2 0 2   54.0 No Sales 54.0  
  $250,000 - $300,000 5 0 5   4 0 4   15.0 No Sales 15.0  
  $300,000 - $500,000 3 0 3   2 0 2   18.0 No Sales 18.0  
  $500,000 - $750,000 1 0 1   0 0 0   No Sales No Sales No Sales  
  $750,000 + 0 0 0   0 0 0   No Sales No Sales No Sales  
  Totals 157 1 156   170 8 162   11.1 1.5 11.6  
  All Area Totals 1,649 69 1,580   2,472 141 2,331   8.0 5.9 8.1  
     

* Residential Properties including single family detached homes, condos, and townhouses

** Source: Tallahassee Board of REALTORS® Multiple Listing Service (Tallahassee MLS)

*** Download a copy of this in .pdf format: Tallahassee Home Inventory Report January 2013

About Joe Manausa, MBA

Joe Manausa, MBA is a 22+ year veteran of real estate brokerage in the State of Florida and has owned and managed his own company since 1992. He is a daily blogger with content that focuses on real estate analytics and providing his clients with a tactical advantage in today's challenging market.