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The following tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of April 4, 2010. Each area of Tallahassee (Leon County, Florida) is summarized with homes for sale, homes that have sold over the past 12 months, and finally the relative supply of homes for sale (measured in “months of [...]
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By closely monitoring the short term housing inventory trends in the Tallahassee housing market, we see evidence that the number of homes for sale has started to grow again, as home sellers begin to enter the spring selling season. What this means is that over the past 30 days, more homes have entered the market [...]
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The average price of a residential lot in Tallahassee has dropped below $70,000 and looks to continue dropping. Unit sales have trended down to an incredible 30 lot sales per month. This is due to the fact that home sales are down and there is not current demand for new construction. Look for lot sales [...]
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After seeing the short-term housing inventory move from consumption to growth yesterday, I figured a quick look at the long-term housing inventory trends was in order. Fortunately, the number of new listings and new failures continues to fall, while the number of new pending home sales and new closed home sales continues to rise. The [...]
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Well, the seasonal housing inventory growth that we have been anticipating finally hit, and now the 30 day inventory trend is showing growth. This means there are more homes for sale in Tallahassee today than there were 30 days ago. Bookmark on Delicious Digg this post Recommend on Facebook Buzz it up Share on Linkedin [...]
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Great news continues in Tallahassee. Short term home inventory levels continue to decline, even though historically we expect to see a rise this time of year. We had thought that we would see a crossover, from declining to rising, once we hit the last week in January.
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We have reported the glut of homes for sale in Tallahassee on our web site and in our office for well over two years now. Even as real supplies continue to shrink, relative supply has grown and receded, only to grow again. With a current 12.5 months of supply of homes, is there any good [...]
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It is the time of year that we normally start to see more homes for sale in Tallahassee. The holiday season has concluded and people set their sites on getting their home sold and moving before or during the summer. The real estate graph below shows us the short-term inventory trends in Tallahassee, which will [...]
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The following tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of January 5, 2010. Each area of Tallahassee (Leon County, Florida) is summarized with homes for sale, homes that have sold over the past 12 months, and finally the relative supply of homes for sale (measured in “months of [...]
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The following tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of December 6, 2009. Each area of Tallahassee (Leon County, Florida) is summarized with homes for sale, homes that have sold over the past 12 months, and finally the relative supply of homes for sale (measured in “months of [...]
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