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Tallahassee Home Inventory Report March 2011

Real Estate Supply And Demand Graph For Tallahassee FloridaThe following tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of March 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 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 SaleSoldMonths of Supply
PRICE RANGE
All Area Totals
All New Resale
2322 110 2212
All New Resale
2328 206 2122
All New Resale
12.0 6.4 12.5
Northeast Leon County For SaleSoldMonths 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 11
31 0 31
69 0 69
97 0 97
215 3 212
178 15 163
133 8 125
190 12 178
48 0 48
44 1 33
1018 39 979
All New Resale
17 0 17
62 0 62
81 0 81
82 0 82
300 8 292
206 24 182
151 18 133
193 13 180
34 1 33
8 2 6
1134 66 1068
All New Resale
9.2 No Sales 9.2
6.0 No Sales 6.0
10.2 No Sales 10.2
14.2 No Sales 14.2
8.6 4.5 8.7
10.4 7.5 10.7
10.6 5.3 11.3
11.8 11.1 11.9
16.9 0.0 17.5
66.0 6.0 86.0
10.8 7.1 11.0
Northwest Leon County For SaleSoldMonths 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
101 0 101
148 0 148
110 0 110
98 3 95
119 13 106
40 6 34
33 10 23
16 3 13
5 3 2
6 0 6
676 38 638
All New Resale
127 0 127
130 1 129
108 2 106
86 5 81
126 29 97
18 4 14
14 1 13
12 2 10
3 0 3
0 0 0
624 44 580
All New Resale
9.5 No Sales 9.5
13.7 0.0 13.8
12.2 0.0 12.5
13.7 7.2 14.1
11.3 5.4 13.1
26.7 18.0 29.1
28.3 120.0 21.2
16.0 18.0 15.6
20.0 No Sales 8.0
No Sales No Sales No Sales
13.0 10.4 13.2
Southeast Leon County For SaleSoldMonths 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
64 0 64
49 1 48
44 0 44
46 8 38
60 3 57
35 1 34
33 6 27
34 1 33
8 1 7
4 0 4
377 21 356
All New Resale
65 0 65
27 1 26
56 1 55
80 15 65
76 26 50
43 19 24
26 9 17
27 6 21
10 2 8
2 0 2
412 79 333
All New Resale
11.8 No Sales 11.8
21.8 12.0 22.2
9.4 0.0 9.6
6.9 6.4 7.0
9.5 1.4 13.7
9.8 0.6 17.0
15.2 8.0 19.1
15.1 2.0 18.9
9.6 6.0 10.5
24.0 No Sales 24.0
11.0 3.2 12.8
Southwest Leon County For SaleSoldMonths 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
58 3 55
39 4 35
29 5 24
14 0 14
4 0 4
14 0 14
12 0 12
1 0 1
2 0 2
251 12 239
All New Resale
70 0 70
34 1 33
23 3 20
10 3 7
16 8 8
4 2 2
0 0 0
1 0 1
0 0 0
0 0 0
158 17 141
All New Resale
13.4 No Sales 13.4
20.5 36.0 20.0
20.3 16.0 21.0
34.8 18.0 41.1
10.5 0.0 21.0
12.0 0.0 24.0
No Sales No Sales No Sales
144.0 No Sales 144.0
No Sales No Sales No Sales
No Sales No Sales No Sales
19.1 8.7 20.3

* 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 March 2011

Discussion

#1 By Chris at 7/11/2017 3:45 AM

The sold(new) + sold(resale) doesn't equal the total sold for this report. If your resale and new sales are correct then the total would be 2,418, not 2,328.

#2 By Joe Manausa, MBA at 7/11/2017 3:45 AM

Nice catch Chris! It's correct now.

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