18 Graphical Views Of The Tallahassee Housing Market

Posted by Joe Manausa on Monday, February 16th, 2009 at 11:39am.

The month of January saw a continuation of the slower sales for homes in the Tallahassee real estate market. Unit sales were very low even for January, with sales plummeting 46% compared to last January and Tallahassee registering our 31st straight year-over-year drop (January 2009 vs. January 2008).

January is usually a very slow month for home sales in Tallahassee, as the holiday season in November and December keeps many away from buying (contracting to purchase) homes. Unfortunately, we might have seen a record this year. Nor were new contracts as robust as we were hoping, leading me to expect that February will also be a tough month for the Tallahassee housing market.

In order to give the reader perspective in "how much the market has dropped," consider that we saw 293 home sales close in January compared to 636 homes sales closed in January of 2005. That is a drop of 54% in four years!

Tallahassee Real Estate Market Reports

Joe Manausa Real Estate publishes reports each month with data provided by Metro Market Trends. The data is far more encompassing than the data from the Tallahassee Board of Realtors Multiple Listing Service (MLS), which usually only reflects 50-70% of the Tallahassee real estate market activity.

Below are 16 different graphs which you can see in a larger format by clicking the link below them, which will demonstrate different aspects of Tallahassee real estate activity during the month of January. Additionally, we have provided a brief analysis of each real estate market graph in the larger format link. You can subscribe to our real estate newsletter (see box on right) for a detailed explanation of each of these real estate graphs in the next edition of the newsletter.

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 Market Sales Success SFD Home Sales
Wakulla County Real Estate Gadsden County Real Estate Jefferson County Real Estate

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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.

1 Response to "18 Graphical Views Of The Tallahassee Housing Market"

Joe Manausa wrote: Thanks for coming by Clint.

Posted on Tuesday, February 17th, 2009 at 9:22am.

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