The month of December saw a continuation of the slower sales for homes in the Tallahassee real estate market. Unit sales were very low for December, thus registering our 30th straight year-over-year drop (December 2008 vs. December 2007).
December is usually an average month because there are many buyers who want to get in their homes before the end of the year in order to take advantage of the Florida Homestead Tax savings. Unfortunately, this was not the case in 2008. Nor were new contracts as robust as we were hoping, leading me to expect that January will also be a tough month for the Tallahassee housing market. Year over year, December was down 26%.
|Tallahassee Average Prices||Average Home Prices||Single Family Detached|
|Condo / Townhouses||Home Sales By Type||Tallahassee Lot Sales|
|Condo / Townhouse Trends||New Condo / Townhouse||Mobile Home Sales|
|Tallahassee MLS Trends||New Construction Trends||Permit and Sales Trends|
|Home Inventory Trends||Home Sales Success Trends||SFD Home Sales|
|Wakulla County Real Estate||Gadsden County Real Estate||Jefferson County Real Estate|
|Subscribe in a reader||Subscribe by email|
As a reminder for those who subscribe to the Tallahassee Real Estate Blog by email, some embedded pictures and videos might not be appearing in your email and you might need to click the title header to go to your browser where all will be visible. Additionally, if you would like to respond (leave a comment) to this article, you will need to “click through” to the blog site to post your feedback.
If you like this Article then please subscribe to my blog through a full RSS feed, or you can Subscribe by Email. You will be able to stay informed about the happenings in the Tallahassee Real Estate Market.
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.