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Residential lot sales in Tallahassee have mirrored the rest of the residential real estate market. Unit sales are down off their highs and prices have fallen. Since January of 1991, Tallahassee has averaged over 180 residential lot sales per month, but the current trend is down near 50 per month.
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We have been watching inventories continue to rise in the residential real estate market for a very long time, going back to 2005. The Tallahassee Real Estate Blog has been instructing readers that the first sign of change in the housing market should be noted when inventory levels begin to fall on a long-term trend. [...]
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Tallahassee Real Estate market data is in for April.
The month of April saw a continuation of the depressed market in Tallahassee. Unit sales were very low for April (which is normally a very good month) in the Tallahassee real estate market. Below are 12 different charts which through the link below them will demonstrate different aspects of Tallahassee [...]
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The final numbers are in for the Tallahassee Real Estate Market. 2007 has been completed and we can move forward to 2008! So, how do you think our market was in 2007? Down, certainly. Dead, … think again.
Overall, the Tallahassee (Leon County) residential real estate market was better than all the years prior to 2001 [...]
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