Do you ever sneak over to The Market Bulletin to check out the current state of the Tallahassee Housing Market? A lot of people do, as we get many of our questions at Joe Manausa Real Estate that are based upon the information that is posted there twice a week.
This is a simple, one-page, real estate website designed to put out a quick opinion on supply and demand of homes in Tallahassee. The Market Bulletin includes charts, graphs, and analysis of the Tallahassee real estate market based upon information that can be currently found in the Tallahassee MLS.
Another great Tallahassee housing resource that you can always find at The Market Bulletin is the FREE download-able supply and demand report for the Tallahassee housing market. This current Supply and Demand For Tallahassee Housing Report can be downloaded by clicking the image to the right, which is always present at The Market Bulletin.
Tallahassee Home Buyer Activity
The following real estate graph shows the change in buyer activity each day. Each point on the graph represents the daily average number of homes sold in Tallahassee for the past 365 days. We are hoping to see this "bottom out" and begin to rise real soon!
Tallahassee Housing Inventory: 30 Day Trend ReportThe short-term trend has made a move recently! We are seeing homes leave the market at record levels, though not just through sales. Many homes are failing to sell, and then not being relisted. The shadow inventory continues to grow. The red area represents homes coming on the market (new listings & re-listed homes), the green area represents those homes leaving the market (sold, expired, canceled and withdrawn listings), while the yellow area shows the total change (above the line means that inventory is growing, below the line means that inventory is shrinking).
Tallahassee Home Inventory Trends
Tallahassee Real Estate Inventory Trend Summary
One Year Trend In Tallahassee Housing Market Inventories
Tallahassee Home Sellers Find Difficulty Selling Their HomesThe next real estate graph is what we refer to as the "Sales Success Graph." We track the number of homes that sell and compare it to the number of new homes listed during the same period of time. The short-term has improved greatly over the past four months, with a sales success level starting to rebound from a depth of 20% to 55%. We observe the short-term trend crossing over all other trend lines, meaning we that we are doing better now than we have in the recent past.
Tallahassee Housing Resource
We have built the entire Joe Manausa Real Estate Web Site to be a Tallahassee Housing Resource. Among its many beneficial pages, buyers and sellers can enjoy the most current real estate market information to be found anywhere on the internet. If you have any recommendations or suggestions on how we can improve The Market Bulletin, or any other page on the Tallahassee Housing Resource website, please leave us a comment below. We'll do our best to keep improving.
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Joe Manausa is a real estate blogger, 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.
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.