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Tallahassee Home Inventory Report April 2010

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 supply").

Currently, there is over 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.

Leon County (All Areas)

Leon County (All) For SaleSoldMonths of Supply
PRICE RANGE
All Area Totals
All New Resale
2566 156 2410
All New Resale
2458 249 2209
All New Resale
12.5 7.5 13.1
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
3 0 3
19 0 19
53 0 53
79 0 79
215 10 205
194 11 183
153 5 148
223 15 208
61 2 59
44 2 42
1044 45 999
All New Resale
60 0 60
52 0 52
69 0 69
96 0 96
334 27 307
247 17 230
175 18 157
195 16 179
38 5 33
12 1 11
1278 84 1194
All New Resale
0.6 No Sales 0.6
4.4 No Sales 4.4
9.2 No Sales 9.2
9.9 No Sales 9.9
7.7 4.4 8.0
9.4 7.8 9.5
10.5 3.3 11.3
13.7 11.3 13.9
19.3 4.8 21.5
44.0 24.0 45.8
9.8 6.4 10.0
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
79 0 79
163 0 163
132 0 132
171 2 169
172 20 152
40 4 36
43 1 42
36 8 28
7 2 5
7 0 7
850 37 813
All New Resale
54 0 54
91 1 90
112 3 109
138 12 126
157 21 136
37 12 25
15 4 11
19 8 11
1 0 1
1 0 1
625 61 564
All New Resale
17.6 No Sales 17.6
21.5 0.0 21.7
14.1 0.0 14.5
14.9 2.0 16.1
13.1 11.4 13.4
13.0 4.0 17.3
34.4 3.0 45.8
22.7 12.0 30.5
84.0 No Sales 60.0
84.0 No Sales 84.0
16.3 7.3 17.3
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
40 0 40
41 1 40
49 1 48
82 13 69
75 14 61
38 11 27
27 2 25
28 1 27
4 0 4
3 0 3
387 43 344
All New Resale
28 0 28
25 0 25
36 0 36
75 14 61
106 33 73
45 10 35
49 8 41
31 9 22
4 0 4
1 0 1
400 74 326
All New Resale
17.1 No Sales 17.1
19.7 No Sales 19.2
16.3 No Sales 16.0
13.1 11.1 13.6
8.5 5.1 10.0
10.1 13.2 9.3
6.6 3.0 7.3
10.8 1.3 14.7
12.0 No Sales 12.0
36.0 No Sales 36.0
11.6 7.0 12.7
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
50 0 50
70 2 68
68 12 56
38 11 27
28 5 23
7 1 6
7 0 7
13 0 13
2 0 2
2 0 2
285 31 254
All New Resale
23 0 23
34 0 34
29 1 28
22 8 14
35 21 14
7 0 7
3 0 3
2 0 2
0 0 0
0 0 0
155 30 125
All New Resale
26.1 No Sales 26.1
24.7 No Sales 24.0
28.1 144.0 24.0
20.7 16.5 23.1
9.6 2.9 19.7
12.0 No Sales 10.3
28.0 No Sales 28.0
78.0 No Sales 78.0
No Sales No Sales No Sales
No Sales No Sales No Sales
22.1 12.4 24.4

* 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 April 2010

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