Search Listings

Tallahassee Home Inventory Report May 2011

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of May 4, 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”).

Supply And Demand For Real Estate In Tallahassee Florida Image

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 Inventory Report  
  Residential Supply May 2011  
             
                                 
          For Sale   Sold (Past 12 Months)   Months of Supply  
  PRICE RANGE   All New Resale   All New Resale   All New Resale  
  Northeast Leon County (Area 1)  
  $0 - $75,000   8 0 8   26 0 26   3.7 No Sales 3.7  
  $75,000 - $100,000   42 0 42   45 0 45   11.2 No Sales 11.2  
  $100,000 - $125,000   71 0 71   72 0 72   11.8 No Sales 11.8  
  $125,000 - $150,000   93 0 93   82 0 82   13.6 No Sales 13.6  
  $150,000 - $200,000   204 1 203   290 6 284   8.4 2.0 8.6  
  $200,000 - $250,000   196 15 181   199 24 175   11.8 7.5 12.4  
  $250,000 - $300,000   133 6 127   137 20 117   11.6 3.6 13.0  
  $300,000 - $500,000   224 16 208   173 13 160   15.5 14.8 15.6  
  $500,000 - $750,000   56 2 54   34 1 33   19.8 24.0 19.6  
  $750,000 +     52 1 51   8 2 6   78.0 6.0 102.0  
  Totals 1079 41 1038   1066 66 1000   12.1 7.5 12.5  
                                 
  Northwest Leon County (Area 2)  
  $0 - $75,000   119 1 118   149 0 149   9.6 No Sales 9.5  
  $75,000 - $100,000   155 0 155   130 1 129   14.3 0.0 14.4  
  $100,000 - $125,000   109 0 109   107 1 106   12.2 0.0 12.3  
  $125,000 - $150,000   103 3 100   76 5 71   16.3 7.2 16.9  
  $150,000 - $200,000   118 12 106   105 20 85   13.5 7.2 15.0  
  $200,000 - $250,000   42 4 38   21 5 16   24.0 9.6 28.5  
  $250,000 - $300,000   21 2 19   14 1 13   18.0 24.0 17.5  
  $300,000 - $500,000   15 1 14   14 2 12   12.9 6.0 14.0  
  $500,000 - $750,000   3 0 3   4 0 4   9.0 No Sales 9.0  
  $750,000 +     7 0 7   0 0 0   No Sales No Sales No Sales  
  Totals 692 23 669   620 35 585   13.4 7.9 13.7  
                                 
  SouthEast Leon County (Area 3)  
  $0 - $75,000   62 0 62   72 0 72   10.3 No Sales 10.3  
  $75,000 - $100,000   62 1 61   28 1 27   26.6 12.0 27.1  
  $100,000 - $125,000   45 4 41   53 1 52   10.2 48.0 9.5  
  $125,000 - $150,000   44 2 42   69 12 57   7.7 2.0 8.8  
  $150,000 - $200,000   62 3 59   72 21 51   10.3 1.7 13.9  
  $200,000 - $250,000   32 0 32   37 15 22   10.4 0.0 17.5  
  $250,000 - $300,000   27 5 22   30 12 18   10.8 5.0 14.7  
  $300,000 - $500,000   25 1 24   31 9 22   9.7 1.3 13.1  
  $500,000 - $750,000   9 1 8   8 2 6   13.5 6.0 16.0  
  $750,000 +     5 0 5   2 0 2   30.0 No Sales 30.0  
  Totals 373 17 356   402 73 329   11.1 2.8 13.0  
                                 
  Southwest Leon County (Area 4)  
  $0 - $75,000   61 0 61   84 0 84   8.7 No Sales 8.7  
  $75,000 - $100,000   57 4 53   33 2 31   20.7 24.0 20.5  
  $100,000 - $125,000   44 5 39   22 3 19   24.0 20.0 24.6  
  $125,000 - $150,000   25 4 21   8 3 5   37.5 16.0 50.4  
  $150,000 - $200,000   22 0 22   15 8 7   17.6 0.0 37.7  
  $200,000 - $250,000   3 0 3   3 1 2   12.0 0.0 18.0  
  $250,000 - $300,000   15 0 15   0 0 0   No Sales No Sales No Sales  
  $300,000 - $500,000   14 0 14   1 0 1   168.0 No Sales 168.0  
  $500,000 - $750,000   1 0 1   0 0 0   No Sales No Sales No Sales  
  $750,000 +     2 0 2   0 0 0   No Sales No Sales No Sales  
  Totals 244 13 231   166 17 149   17.6 9.2 18.6  
  All Area Totals 2388 94 2294   2254 191 2063   12.7 5.9 13.3  
     

* 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 May 2011

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (479) Blogging Real Estate (189) Distressed Property (31) Foreclosures (3) Glossary of Real Estate Terms (31) Government and Real Estate (30) Homes For Sale (113) Housing Market Conditions (1230) Housing Report (54) Lis Pendens (4) Main (1025) Mortgage / Finance (71) New Construction (1) Off Topic (83) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (26) Real Estate Opinion (3) REALTOR News (11) Tallahassee (89) Tallahassee Neighborhoods (427) Uncategorized (50)

Posts By Month

Blog Roll

Homes For Sale In Killearn Lakes Plantation Homes For Sale In Killearn Estates Homes For Sale In Southwood Homes For Sale In Killearn Acres Homes For Sale In Summerbrooke Homes For Sale In Golden Eagle Plantation Homes For Sale In Piney Z Homes For Sale In Bull Run Homes For Sale In Betton Homes For Sale In The Ox Bottom Area

Tag Cloud

Grab Our RSS Feed

Tallahassee Home Searches

Contact Us

Joe Manausa Real Estate
2066 Thomasville Rd
Tallahassee, FL 32308
(850) 366-8917

© Joe Manausa. All Rights Reserved.
Privacy Policy|Terms of Use|DMCA Notice