Tallahassee Real Estate Market Report - May 2008

Posted by Joe Manausa on Monday, June 23rd, 2008 at 9:21am.

Finally, the May figures are in for the Tallahassee real estate market. Unfortunately, sales of homes in Tallahassee were down 34.5% in May of 2008 versus May of last year. But some good news does seem to be on the way.

If you regularly check our continuously updated information on Tallahassee real estate, you might have noticed that our 30-day inventory trend has moved to "reducing," while our 60-day is getting close to zero! This is BIG NEWS! We cannot expect this market to turn until we see inventories begin to fall.

Tallahassee Real Estate Inventory Report 30 Day Trend

Tallahassee Real Estate Inventory Report 60 Day Trend

If you would like to see the full Tallahassee Real Estate Market Report, just following the link to 12 new and updated color graphs.

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.

Keep checking out the Tallahassee Real Estate Blog every day for updates that include charts, graphs, and analysis of the Tallahassee real estate market.

If you like this Article then please subscribe to my blog through a full RSS feed, or you can Subscribe with Bloglines . You will be able to stay informed about the happenings in the Tallahassee Real Estate Market. You can also subscribe to this blog and have it delivered by Email.

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.

View Joe Manausa's profile on LinkedIn

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.

Leave a Comment