Tallahassee Home Inventory Report September 2013

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of September 4, 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

                                 
  Leon County Home Inventory Report  
  Residential Supply September 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 33 0 33   47 0 47   8.4 No Sales 8.4  
  $75,000 - $100,000 33 0 33   63 0 63   6.3 No Sales 6.3  
  $100,000 - $125,000 48 0 48   81 0 81   7.1 No Sales 7.1  
  $125,000 - $150,000 55 0 55   102 0 102   6.5 No Sales 6.5  
  $150,000 - $200,000 166 3 163   363 2 361   5.5 18.0 5.4  
  $200,000 - $250,000 151 15 136   297 27 270   6.1 6.7 6.0  
  $250,000 - $300,000 104 16 88   198 29 169   6.3 6.6 6.2  
  $300,000 - $500,000 199 20 179   273 29 244   8.7 8.3 8.8  
  $500,000 - $750,000 51 0 51   41 0 41   14.9 No Sales 14.9  
  $750,000 + 35 0 35   21 0 21   20.0 No Sales 20.0  
  Totals 875 54 821   1486 87 1399   7.1 7.4 7.0  
                                 
  Northwest Leon County (Area 2)  
  $0 - $75,000 131 0 131   278 0 278   5.7 No Sales 5.7  
  $75,000 - $100,000 94 1 93   144 1 143   7.8 12.0 7.8  
  $100,000 - $125,000 89 0 89   105 2 103   10.2 0.0 10.4  
  $125,000 - $150,000 62 0 62   101 1 100   7.4 0.0 7.4  
  $150,000 - $200,000 83 8 75   89 6 83   11.2 16.0 10.8  
  $200,000 - $250,000 25 2 23   24 4 20   12.5 6.0 13.8  
  $250,000 - $300,000 17 2 15   14 0 14   14.6 No Sales 12.9  
  $300,000 - $500,000 18 4 14   14 0 14   15.4 No Sales 12.0  
  $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 527 17 510   774 14 760   8.2 14.6 8.1  
                                 
  SouthEast Leon County (Area 3)  
  $0 - $75,000 65 0 65   100 0 100   7.8 No Sales 7.8  
  $75,000 - $100,000 49 0 49   55 0 55   10.7 No Sales 10.7  
  $100,000 - $125,000 38 0 38   48 0 48   9.5 No Sales 9.5  
  $125,000 - $150,000 25 0 25   65 1 64   4.6 0.0 4.7  
  $150,000 - $200,000 31 0 31   57 0 57   6.5 No Sales 6.5  
  $200,000 - $250,000 16 0 16   34 1 33   5.6 0.0 5.8  
  $250,000 - $300,000 26 1 25   43 15 28   7.3 0.8 10.7  
  $300,000 - $500,000 24 4 20   60 19 41   4.8 2.5 5.9  
  $500,000 - $750,000 11 0 11   6 0 6   22.0 No Sales 22.0  
  $750,000 + 2 0 2   0 0 0   No Sales No Sales No Sales  
  Totals 287 5 282   468 36 432   7.4 1.7 7.8  
                                 
  Southwest Leon County (Area 4)  
  $0 - $75,000 66 0 66   119 0 119   6.7 No Sales 6.7  
  $75,000 - $100,000 25 8 17   30 0 30   10.0 No Sales 6.8  
  $100,000 - $125,000 25 0 25   14 0 14   21.4 No Sales 21.4  
  $125,000 - $150,000 24 1 23   8 0 8   36.0 No Sales 34.5  
  $150,000 - $200,000 8 0 8   14 1 13   6.9 0.0 7.4  
  $200,000 - $250,000 7 0 7   7 0 7   12.0 No Sales 12.0  
  $250,000 - $300,000 2 0 2   1 0 1   24.0 No Sales 24.0  
  $300,000 - $500,000 7 0 7   0 0 0   No Sales No Sales No Sales  
  $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 165 9 156   193 1 192   10.3 108.0 9.8  
  All Area Totals 1854 85 1769   2921 138 2783   7.6 7.4 7.6  
     

* 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 September 2013

4 September 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.