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Tallahassee Home Inventory Report April 2011

Real Estate Supply And Demand Graph For April 2011 Tallahassee FloridaThe following tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of April 8, 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 over 12 months of supply of homes on the market in Tallahassee, and the relative supply is rising. 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
2434 105 2329
All New Resale
2308 200 2108
All New Resale
12.7 6.3 13.3
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
11 0 11
39 0 39
72 0 72
100 0 100
224 1 223
190 15 175
133 7 126
211 12 199
52 0 52
47 1 46
1079 36 1043
All New Resale
22 0 22
43 0 43
76 0 76
83 0 83
304 7 297
207 24 183
139 17 122
183 13 170
34 1 33
8 2 6
1099 64 1035
All New Resale
6.0 No Sales 6.0
10.9 No Sales 10.9
11.4 No Sales 11.4
14.5 No Sales 14.5
8.8 1.7 9.0
11.0 7.5 11.5
11.5 4.9 12.4
13.8 11.1 14.0
18.4 0.0 18.9
70.5 6.0 92.0
11.8 6.8 12.1
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
111 1 110
154 0 154
110 0 110
99 3 96
125 13 112
43 5 38
29 8 21
20 4 16
5 2 3
6 0 6
702 36 666
All New Resale
141 0 141
135 1 134
113 2 111
87 6 81
120 26 94
19 4 15
13 1 12
12 2 10
4 0 4
0 0 0
644 42 602
All New Resale
9.4 No Sales 9.4
13.7 0.0 13.8
11.7 0.0 11.9
13.7 6.0 14.2
12.5 6.0 14.3
27.2 15.0 30.4
26.8 96.0 21.0
20.0 24.0 19.2
15.0 No Sales 9.0
No Sales No Sales No Sales
13.1 10.3 13.3
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
63 1 110
59 0 154
43 0 110
50 3 96
64 13 112
34 5 38
39 8 21
36 4 16
7 2 3
4 0 6
399 36 666
All New Resale
66 0 66
26 1 25
59 1 58
77 13 64
73 24 49
40 19 21
27 10 17
28 7 21
9 2 7
2 0 2
407 77 330
All New Resale
11.5 No Sales 11.5
27.2 12.0 27.8
8.7 0.0 8.9
7.8 6.5 8.1
10.5 1.5 14.9
10.2 0.0 19.4
17.3 7.2 23.3
15.4 1.7 20.0
9.3 6.0 10.3
24.0 No Sales 24.0
11.8 3.0 13.8
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
69 0 69
62 4 58
44 5 39
25 5 20
20 0 20
3 0 3
14 0 14
14 0 14
1 0 1
2 0 2
254 14 240
All New Resale
74 0 74
33 2 31
21 3 18
10 3 7
16 8 8
3 1 2
0 0 0
1 0 1
0 0 0
0 0 0
158 17 141
All New Resale
11.2 No Sales 11.2
22.5 24.0 22.5
25.1 20.0 26.0
30.0 20.0 34.3
15.0 0.0 30.0
12.0 0.0 18.0
No Sales No Sales No Sales
168.0 No Sales 168.0
No Sales No Sales No Sales
No Sales No Sales No Sales
19.3 9.9 20.4

* 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 2011

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917