Tallahassee Home Inventory Report March 2013

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of March 7, 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”).

Tallahassee Real Estate Supply And Demand

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  Leon County Home Inventory Report  
  Residential Supply March 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 23 0 23   32 0 32   8.6 No Sales 8.6  
  $75,000 - $100,000 50 0 50   61 0 61   9.8 No Sales 9.8  
  $100,000 - $125,000 49 0 49   67 0 67   8.8 No Sales 8.8  
  $125,000 - $150,000 57 0 57   115 2 113   5.9 0.0 6.1  
  $150,000 - $200,000 140 3 137   345 2 343   4.9 18.0 4.8  
  $200,000 - $250,000 136 14 122   266 30 236   6.1 5.6 6.2  
  $250,000 - $300,000 116 21 95   147 27 120   9.5 9.3 9.5  
  $300,000 - $500,000 192 14 178   201 19 182   11.5 8.8 11.7  
  $500,000 - $750,000 46 1 45   36 0 36   15.3 No Sales 15.0  
  $750,000 + 31 1 30   11 2 9   33.8 6.0 40.0  
  Totals 840 54 786   1281 82 1199   7.9 7.9 7.9  
                                 
  Northwest Leon County (Area 2)  
  $0 - $75,000 171 0 171   252 0 252   8.1 No Sales 8.1  
  $75,000 - $100,000 124 1 123   116 0 116   12.8 No Sales 12.7  
  $100,000 - $125,000 71 0 71   96 0 96   8.9 No Sales 8.9  
  $125,000 - $150,000 75 1 74   84 1 83   10.7 12.0 10.7  
  $150,000 - $200,000 46 2 44   65 6 59   8.5 4.0 8.9  
  $200,000 - $250,000 21 1 20   18 3 15   14.0 4.0 16.0  
  $250,000 - $300,000 22 2 20   10 1 9   26.4 24.0 26.7  
  $300,000 - $500,000 14 0 14   9 0 9   18.7 No Sales 18.7  
  $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 549 7 542   653 11 642   10.1 7.6 10.1  
                                 
  SouthEast Leon County (Area 3)  
  $0 - $75,000 71 0 71   89 0 89   9.6 No Sales 9.6  
  $75,000 - $100,000 45 0 45   51 0 51   10.6 No Sales 10.6  
  $100,000 - $125,000 42 0 42   51 0 51   9.9 No Sales 9.9  
  $125,000 - $150,000 27 0 27   53 2 51   6.1 0.0 6.4  
  $150,000 - $200,000 23 0 23   51 0 51   5.4 No Sales 5.4  
  $200,000 - $250,000 18 0 18   30 2 28   7.2 0.0 7.7  
  $250,000 - $300,000 13 1 12   34 13 21   4.6 0.9 6.9  
  $300,000 - $500,000 23 3 20   41 17 24   6.7 2.1 10.0  
  $500,000 - $750,000 10 0 10   4 0 4   30.0 No Sales 30.0  
  $750,000 + 2 0 2   0 0 0   No Sales No Sales No Sales  
  Totals 274 4 270   404 34 370   8.1 1.4 8.8  
                                 
  Southwest Leon County (Area 4)  
  $0 - $75,000 68 0 68   110 8 102   7.4 0.0 8.0  
  $75,000 - $100,000 28 0 28   18 0 18   18.7 No Sales 18.7  
  $100,000 - $125,000 16 0 16   6 0 6   32.0 No Sales 32.0  
  $125,000 - $150,000 15 0 15   8 0 8   22.5 No Sales 22.5  
  $150,000 - $200,000 10 1 9   11 0 11   10.9 No Sales 9.8  
  $200,000 - $250,000 10 0 10   3 0 3   40.0 No Sales 40.0  
  $250,000 - $300,000 2 0 2   5 0 5   4.8 No Sales 4.8  
  $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 153 1 152   163 8 155   11.3 1.5 11.8  
  All Area Totals 1,816 66 1,750   2,501 135 2,366   8.7 5.9 8.9  
     

* 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 March 2013

2 April 2013
Joe Manausa
FL
Century 21
About Joe Manausa

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.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the MLS.

This IDX solution is (c) Diverse Solutions 2014.