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Tallahassee Real Estate Market Update
The preliminary numbers are in for the Tallahassee Real Estate Market from January and the first thing that I like to check (lately) is the inventory trend chart. This chart tells us, based on the previous twelve months of information, whether the inventory in the MLS is thinning or growing.
You can see from the chart below that the overall Tallahassee Real Estate Market Area inventory (all counties in our area) has been on a reduction trend since it reached an all-time high of 5000 residential units in April, 2007.
We have to keep a close eye on the latest “up tick” that started in January. Hopefully it is just a hick-up along the way.
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.
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Joe Manausa is a real estate investor and the Broker and Co-Owner of Century 21 First Realty. 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)Â 386-2001.
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