The following tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of January 9, 2011. 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 supply”).
Currently, there are just under 12 months of supply of homes on the market in Tallahassee. This will continue to put pressure on home prices until we see market inventories stabilize at the 6 months of supply level. If you would like to receive a free monthly market update, just subscribe to the Tallahassee Real Estate Newsletter and it will be delivered to your email inbox each month.
Leon County (All Areas)
| Leon County (All) |
For Sale | Sold | Months of Supply |
| PRICE RANGE |
|---|
| All Area Totals |
|
| All |
New |
Resale |
| 2213 |
117 |
2096 |
|
| All |
New |
Resale |
| 2238 |
197 |
2041 |
|
| All |
New |
Resale |
| 11.9 |
7.1 |
12.3 |
|
| Northeast Leon County |
For Sale | Sold | Months of Supply |
| PRICE RANGE |
|---|
| $0 - $75,000 |
| $75,000 - $100,000 |
| $100,000 - $125,000 |
| $125,000 - $150,000 |
| $150,000 - $200,000 |
| $200,000 - $250,000 |
| $250,000 - $300,000 |
| $300,000 - $500,000 |
| $500,000 - $750,000 |
| $750,000 + |
| Totals |
|
| All |
New |
Resale |
| 13 |
0 |
13 |
| 28 |
0 |
28 |
| 65 |
0 |
65 |
| 85 |
0 |
85 |
| 210 |
3 |
207 |
| 145 |
15 |
130 |
| 120 |
6 |
114 |
| 175 |
11 |
164 |
| 48 |
0 |
48 |
| 38 |
1 |
37 |
| 927 |
36 |
891 |
|
| All |
New |
Resale |
| 21 |
0 |
21 |
| 56 |
0 |
56 |
| 72 |
0 |
72 |
| 85 |
0 |
85 |
| 294 |
8 |
286 |
| 201 |
24 |
177 |
| 156 |
20 |
136 |
| 185 |
11 |
174 |
| 32 |
1 |
31 |
| 8 |
1 |
7 |
| 1110 |
65 |
1045 |
|
| All |
New |
Resale |
| 7.4 |
No Sales |
7.4 |
| 6.0 |
No Sales |
6.0 |
| 10.8 |
No Sales |
10.8 |
| 12.0 |
No Sales |
12.0 |
| 8.6 |
4.5 |
8.7 |
| 8.4 |
7.5 |
8.8 |
| 9.2 |
3.6 |
10.1 |
| 11.4 |
12.0 |
11.3 |
| 18.0 |
0.0 |
18.6 |
| 57.0 |
12.0 |
63.4 |
| 10.0 |
6.6 |
10.2 |
|
| Northwest Leon County |
For Sale | Sold | Months of Supply |
| PRICE RANGE |
|---|
| $0 - $75,000 |
| $75,000 - $100,000 |
| $100,000 - $125,000 |
| $125,000 - $150,000 |
| $150,000 - $200,000 |
| $200,000 - $250,000 |
| $250,000 - $300,000 |
| $300,000 - $500,000 |
| $500,000 - $750,000 |
| $750,000 + |
| Totals |
|
| All |
New |
Resale |
| 117 |
0 |
117 |
| 140 |
0 |
140 |
| 109 |
0 |
109 |
| 109 |
4 |
105 |
| 116 |
13 |
103 |
| 47 |
7 |
40 |
| 32 |
10 |
22 |
| 18 |
5 |
13 |
| 5 |
3 |
2 |
| 5 |
0 |
5 |
| 698 |
42 |
656 |
|
| All |
New |
Resale |
| 106 |
0 |
106 |
| 121 |
1 |
120 |
| 101 |
3 |
98 |
| 90 |
5 |
85 |
| 124 |
30 |
94 |
| 22 |
4 |
18 |
| 15 |
1 |
14 |
| 12 |
1 |
11 |
| 3 |
0 |
3 |
| 0 |
0 |
0 |
| 594 |
45 |
549 |
|
| All |
New |
Resale |
| 13.2 |
No Sales |
13.2 |
| 13.9 |
0.0 |
14.0 |
| 13.0 |
0.0 |
13.3 |
| 14.5 |
9.6 |
14.8 |
| 11.2 |
5.2 |
13.1 |
| 25.6 |
21.0 |
26.7 |
| 25.6 |
120.0 |
18.9 |
| 18.0 |
60.0 |
14.2 |
| 20.0 |
No Sales |
8.0 |
| No Sales |
No Sales |
No Sales |
| 14.1 |
11.2 |
14.3 |
|
| Southeast Leon County |
For Sale | Sold | Months of Supply |
| PRICE RANGE |
|---|
| $0 - $75,000 |
| $75,000 - $100,000 |
| $100,000 - $125,000 |
| $125,000 - $150,000 |
| $150,000 - $200,000 |
| $200,000 - $250,000 |
| $250,000 - $300,000 |
| $300,000 - $500,000 |
| $500,000 - $750,000 |
| $750,000 + |
| Totals |
|
| All |
New |
Resale |
| 56 |
0 |
53 |
| 49 |
1 |
47 |
| 40 |
2 |
44 |
| 55 |
10 |
43 |
| 55 |
6 |
52 |
| 26 |
3 |
26 |
| 21 |
6 |
18 |
| 24 |
1 |
28 |
| 7 |
1 |
4 |
| 4 |
0 |
4 |
| 337 |
25 |
312 |
|
| All |
New |
Resale |
| 58 |
0 |
58 |
| 25 |
1 |
24 |
| 51 |
0 |
51 |
| 77 |
13 |
64 |
| 76 |
25 |
51 |
| 42 |
18 |
24 |
| 22 |
6 |
16 |
| 24 |
4 |
20 |
| 6 |
0 |
6 |
| 2 |
0 |
2 |
| 383 |
67 |
316 |
|
| All |
New |
Resale |
| 11.6 |
No Sales |
11.6 |
| 23.5 |
12.0 |
24.0 |
| 9.4 |
No Sales |
9.2 |
| 8.6 |
9.2 |
8.4 |
| 8.7 |
2.4 |
11.8 |
| 7.4 |
0.7 |
12.5 |
| 11.5 |
12.0 |
11.3 |
| 12.0 |
0.0 |
14.4 |
| 14.0 |
No Sales |
12.0 |
| 24.0 |
No Sales |
24.0 |
| 10.6 |
4.5 |
11.8 |
|
| Southwest Leon County |
For Sale | Sold | Months of Supply |
| PRICE RANGE |
|---|
| $0 - $75,000 |
| $75,000 - $100,000 |
| $100,000 - $125,000 |
| $125,000 - $150,000 |
| $150,000 - $200,000 |
| $200,000 - $250,000 |
| $250,000 - $300,000 |
| $300,000 - $500,000 |
| $500,000 - $750,000 |
| $750,000 + |
| Totals |
|
| All |
New |
Resale |
| 78 |
0 |
78 |
| 56 |
4 |
52 |
| 53 |
4 |
49 |
| 24 |
5 |
19 |
| 13 |
1 |
12 |
| 3 |
0 |
3 |
| 13 |
0 |
13 |
| 8 |
0 |
8 |
| 1 |
0 |
1 |
| 2 |
0 |
2 |
| 251 |
14 |
237 |
|
| All |
New |
Resale |
| 55 |
0 |
55 |
| 31 |
1 |
30 |
| 27 |
3 |
24 |
| 14 |
5 |
9 |
| 17 |
9 |
8 |
| 4 |
2 |
2 |
| 1 |
0 |
1 |
| 2 |
0 |
2 |
| 0 |
0 |
0 |
| 0 |
0 |
0 |
| 151 |
20 |
131 |
|
| All |
New |
Resale |
| 17.0 |
No Sales |
17.0 |
| 21.7 |
48.0 |
20.8 |
| 23.6 |
16.0 |
24.5 |
| 20.6 |
12.0 |
25.3 |
| 9.2 |
1.3 |
18.0 |
| 9.0 |
0.0 |
18.0 |
| 156.0 |
No Sales |
156.0 |
| 48.0 |
No Sales |
48.0 |
| No Sales |
No Sales |
No Sales |
| No Sales |
No Sales |
No Sales |
| 19.9 |
8.4 |
21.7 |
|
* Residential Properties including single family detached homes, condos, and townhouses ** Source: Tallahassee Board of REALTORS® Multiple Listing Service (Tallahassee MLS) *** Download a copy of this in .pdf format: Tallahassee Home Inventory Report January 2011
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