Tallahassee Home Inventory Report June 2013

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of June 5, 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 Report Tallahassee Home Inventory Report June 2013, Tallahassee Real Estate

 

                                 
  Leon County Home Inventory Report  
  Residential Supply June 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 26 0 26   38 0 38   8.2 No Sales 8.2  
  $75,000 - $100,000 35 0 35   61 0 61   6.9 No Sales 6.9  
  $100,000 - $125,000 53 0 53   75 0 75   8.5 No Sales 8.5  
  $125,000 - $150,000 56 0 56   111 1 110   6.1 0.0 6.1  
  $150,000 - $200,000 161 1 160   364 4 360   5.3 3.0 5.3  
  $200,000 - $250,000 128 12 116   288 30 258   5.3 4.8 5.4  
  $250,000 - $300,000 132 21 111   174 29 145   9.1 8.7 9.2  
  $300,000 - $500,000 228 27 201   245 19 226   11.2 17.1 10.7  
  $500,000 - $750,000 59 2 57   40 0 40   17.7 No Sales 17.1  
  $750,000 + 35 0 35   16 1 15   26.3 0.0 28.0  
  Totals 913 63 850   1412 84 1328   7.8 9.0 7.7  
                                 
  Northwest Leon County (Area 2)  
  $0 - $75,000 149 0 149   263 0 263   6.8 No Sales 6.8  
  $75,000 - $100,000 112 0 112   135 1 134   10.0 0.0 10.0  
  $100,000 - $125,000 87 0 87   90 0 90   11.6 No Sales 11.6  
  $125,000 - $150,000 81 1 80   87 1 86   11.2 12.0 11.2  
  $150,000 - $200,000 74 5 69   74 5 69   12.0 12.0 12.0  
  $200,000 - $250,000 28 2 26   18 3 15   18.7 8.0 20.8  
  $250,000 - $300,000 23 2 21   13 1 12   21.2 24.0 21.0  
  $300,000 - $500,000 15 1 14   10 0 10   18.0 No Sales 16.8  
  $500,000 - $750,000 6 0 6   5 0 5   14.4 No Sales 14.4  
  $750,000 + 4 0 4   1 0 1   48.0 No Sales 48.0  
  Totals 579 11 568   696 11 685   10.0 12.0 10.0  
                                 
  SouthEast Leon County (Area 3)  
  $0 - $75,000 63 0 63   98 0 98   7.7 No Sales 7.7  
  $75,000 - $100,000 42 0 42   47 0 47   10.7 No Sales 10.7  
  $100,000 - $125,000 27 0 27   52 0 52   6.2 No Sales 6.2  
  $125,000 - $150,000 23 0 23   63 1 62   4.4 0.0 4.5  
  $150,000 - $200,000 33 1 32   51 0 51   7.8 No Sales 7.5  
  $200,000 - $250,000 19 0 19   32 2 30   7.1 0.0 7.6  
  $250,000 - $300,000 16 1 15   38 14 24   5.1 0.9 7.5  
  $300,000 - $500,000 26 2 24   48 18 30   6.5 1.3 9.6  
  $500,000 - $750,000 11 0 11   3 0 3   44.0 No Sales 44.0  
  $750,000 + 4 0 4   0 0 0   No Sales No Sales No Sales  
  Totals 264 4 260   432 35 397   7.3 1.4 7.9  
                                 
  Southwest Leon County (Area 4)  
  $0 - $75,000 71 0 71   111 0 111   7.7 No Sales 7.7  
  $75,000 - $100,000 25 0 25   21 0 21   14.3 No Sales 14.3  
  $100,000 - $125,000 17 0 17   6 0 6   34.0 No Sales 34.0  
  $125,000 - $150,000 24 0 24   6 0 6   48.0 No Sales 48.0  
  $150,000 - $200,000 12 0 12   12 1 11   12.0 0.0 13.1  
  $200,000 - $250,000 6 0 6   7 0 7   10.3 No Sales 10.3  
  $250,000 - $300,000 3 0 3   2 0 2   18.0 No Sales 18.0  
  $300,000 - $500,000 6 0 6   2 0 2   36.0 No Sales 36.0  
  $500,000 - $750,000 1 0 1   0 0 0   No Sales No Sales No Sales  
  $750,000 + 1 0 1   0 0 0   No Sales No Sales No Sales  
  Totals 166 0 166   167 1 166   11.9 0.0 12.0  
  All Area Totals 1,922 78 1,844   2,707 131 2,576   8.5 7.1 8.6  
     

* 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 June 2013

About Joe Manausa, MBA

Joe Manausa, MBA is a 23+ 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.