2007 Residential Sales

Posted by Joe Manausa on Monday, February 11th, 2008 at 11:36pm.

A friend of mine was curious about the Tallahassee mobile home market. He wanted to know how much of an impact it was having on the overall Tallahassee real estate market. I went to the tax data base and pulled all Leon County residential unit sales and first sorted it by unit type and by price range. The following graph shows that the mobile homes are very active below $150,000 (red color). In order to best see it's impact on the market, I felt a simple part chart would tell the tale. Each piece of the pie chart below has two numbers in this format XXX, Y%. X stands for the number of units sold, where Y stands for the percent of the entire market. In the chart below, the red pie piece shows 447 mobile home sales were recorded, representing 9% of the entire Tallahassee Real Estate Market. Finally, we can take a look at the past 17 years of tax records and we find that the mobile home sales are increasing at a fairly substantial rate. The chart below shows, for each year, the number of sales of mobile home units in Leon County (numbers on right scale), the percentage of the residential market that mobile homes consume (left scale), as well as the unit sales trend (green line, right scale).

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Joe Manausa is a real estate investor and the Broker and Co-Owner of Joe Manausa Real Estate. He can be reached via e-mail through the Tallahassee Real Estate Website or catch his latest writings on the Tallahassee Florida Real Estate Blog , or by calling (850) 386-2001.

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Joe Manausa, MBA is a 26 year veteran of real estate brokerage in Tallahassee, 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.

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