Tallahassee Home Inventory Report July 2013

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

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

                                 
  Leon County Home Inventory Report  
  Residential Supply July 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 25 0 25   43 0 43   7.0 No Sales 7.0  
  $75,000 - $100,000 31 0 31   62 0 62   6.0 No Sales 6.0  
  $100,000 - $125,000 53 0 53   78 0 78   8.2 No Sales 8.2  
  $125,000 - $150,000 56 0 56   106 1 105   6.3 0.0 6.4  
  $150,000 - $200,000 171 3 168   342 3 339   6.0 12.0 5.9  
  $200,000 - $250,000 131 11 120   289 32 257   5.4 4.1 5.6  
  $250,000 - $300,000 133 18 115   181 30 151   8.8 7.2 9.1  
  $300,000 - $500,000 228 20 208   249 24 225   11.0 10.0 11.1  
  $500,000 - $750,000 58 1 57   40 0 40   17.4 No Sales 17.1  
  $750,000 + 37 0 37   17 0 17   26.1 No Sales 26.1  
  Totals 923 53 870   1407 90 1317   7.9 7.1 7.9  
                                 
  Northwest Leon County (Area 2)  
  $0 - $75,000 148 0 148   266 0 266   6.7 No Sales 6.7  
  $75,000 - $100,000 105 0 105   140 1 139   9.0 0.0 9.1  
  $100,000 - $125,000 92 1 91   111 0 111   9.9 No Sales 9.8  
  $125,000 - $150,000 76 1 75   94 1 93   9.7 12.0 9.7  
  $150,000 - $200,000 70 6 64   81 5 76   10.4 14.4 10.1  
  $200,000 - $250,000 27 2 25   21 3 18   15.4 8.0 16.7  
  $250,000 - $300,000 21 1 20   12 1 11   21.0 12.0 21.8  
  $300,000 - $500,000 20 3 17   12 0 12   20.0 No Sales 17.0  
  $500,000 - $750,000 4 0 4   5 0 5   9.6 No Sales 9.6  
  $750,000 + 4 0 4   0 0 0   No Sales No Sales No Sales  
  Totals 567 14 553   742 11 731   9.2 15.3 9.1  
                                 
  SouthEast Leon County (Area 3)  
  $0 - $75,000 62 0 62   100 0 100   7.4 No Sales 7.4  
  $75,000 - $100,000 52 0 52   48 0 48   13.0 No Sales 13.0  
  $100,000 - $125,000 33 0 33   47 0 47   8.4 No Sales 8.4  
  $125,000 - $150,000 31 0 31   62 1 61   6.0 0.0 6.1  
  $150,000 - $200,000 34 1 33   54 0 54   7.6 No Sales 7.3  
  $200,000 - $250,000 14 0 14   33 1 32   5.1 0.0 5.3  
  $250,000 - $300,000 20 0 20   40 16 24   6.0 0.0 10.0  
  $300,000 - $500,000 25 3 22   52 19 33   5.8 1.9 8.0  
  $500,000 - $750,000 12 0 12   4 0 4   36.0 No Sales 36.0  
  $750,000 + 6 0 6   0 0 0   No Sales No Sales No Sales  
  Totals 289 4 285   440 37 403   7.9 1.3 8.5  
                                 
  Southwest Leon County (Area 4)  
  $0 - $75,000 70 0 70   112 0 112   7.5 No Sales 7.5  
  $75,000 - $100,000 21 0 21   29 0 29   8.7 No Sales 8.7  
  $100,000 - $125,000 17 0 17   13 0 13   15.7 No Sales 15.7  
  $125,000 - $150,000 25 0 25   8 0 8   37.5 No Sales 37.5  
  $150,000 - $200,000 9 0 9   13 1 12   8.3 0.0 9.0  
  $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 7 0 7   1 0 1   84.0 No Sales 84.0  
  $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 160 0 160   185 1 184   10.4 0.0 10.4  
  All Area Totals 1,939 71 1,868   2,774 139 2,635   8.4 6.1 8.5  
     

* 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 July 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.