The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of May 3, 2014.
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”).
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Leon County Home Inventory Report |
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Residential Supply May 2014 |
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For Sale |
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Sold (Past 12 Months) |
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Months of Supply |
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PRICE RANGE |
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All |
New |
Resale |
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All |
New |
Resale |
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All |
New |
Resale |
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Northeast Leon County (Area 1) |
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$0 |
- |
$75,000 |
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16 |
0 |
16 |
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53 |
0 |
53 |
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3.6 |
No Sales |
3.6 |
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$75,000 |
- |
$100,000 |
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29 |
0 |
29 |
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73 |
0 |
73 |
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4.8 |
No Sales |
4.8 |
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$100,000 |
- |
$125,000 |
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38 |
0 |
38 |
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100 |
0 |
100 |
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4.6 |
No Sales |
4.6 |
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$125,000 |
- |
$150,000 |
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49 |
0 |
49 |
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119 |
0 |
119 |
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4.9 |
No Sales |
4.9 |
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$150,000 |
- |
$200,000 |
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184 |
0 |
184 |
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347 |
4 |
343 |
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6.4 |
0.0 |
6.4 |
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$200,000 |
- |
$250,000 |
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171 |
14 |
157 |
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295 |
32 |
263 |
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7.0 |
5.3 |
7.2 |
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$250,000 |
- |
$300,000 |
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133 |
16 |
117 |
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207 |
37 |
170 |
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7.7 |
5.2 |
8.3 |
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$300,000 |
- |
$500,000 |
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217 |
18 |
199 |
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304 |
46 |
258 |
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8.6 |
4.7 |
9.3 |
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$500,000 |
- |
$750,000 |
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51 |
2 |
49 |
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43 |
2 |
41 |
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14.2 |
12.0 |
14.3 |
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$750,000 |
+ |
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42 |
0 |
42 |
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19 |
1 |
18 |
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26.5 |
0.0 |
28.0 |
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Totals |
930 |
50 |
880 |
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1560 |
122 |
1438 |
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7.2 |
4.9 |
7.3 |
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Northwest Leon County (Area 2) |
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$0 |
- |
$75,000 |
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169 |
0 |
169 |
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281 |
1 |
280 |
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7.2 |
0.0 |
7.2 |
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$75,000 |
- |
$100,000 |
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114 |
0 |
114 |
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166 |
1 |
165 |
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8.2 |
0.0 |
8.3 |
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$100,000 |
- |
$125,000 |
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64 |
0 |
64 |
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119 |
2 |
117 |
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6.5 |
0.0 |
6.6 |
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$125,000 |
- |
$150,000 |
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86 |
0 |
86 |
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95 |
0 |
95 |
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10.9 |
No Sales |
10.9 |
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$150,000 |
- |
$200,000 |
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100 |
9 |
91 |
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121 |
12 |
109 |
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9.9 |
9.0 |
10.0 |
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$200,000 |
- |
$250,000 |
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32 |
5 |
27 |
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39 |
2 |
37 |
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9.8 |
30.0 |
8.8 |
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$250,000 |
- |
$300,000 |
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15 |
0 |
15 |
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25 |
2 |
23 |
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7.2 |
0.0 |
7.8 |
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$300,000 |
- |
$500,000 |
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17 |
2 |
15 |
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18 |
7 |
11 |
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11.3 |
3.4 |
16.4 |
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$500,000 |
- |
$750,000 |
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5 |
0 |
5 |
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4 |
0 |
4 |
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15.0 |
No Sales |
15.0 |
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$750,000 |
+ |
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3 |
0 |
3 |
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0 |
0 |
0 |
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No Sales |
No Sales |
No Sales |
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Totals |
605 |
16 |
589 |
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868 |
27 |
841 |
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8.4 |
7.1 |
8.4 |
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SouthEast Leon County (Area 3) |
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$0 |
- |
$75,000 |
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54 |
0 |
54 |
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103 |
0 |
103 |
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6.3 |
No Sales |
6.3 |
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$75,000 |
- |
$100,000 |
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34 |
0 |
34 |
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52 |
0 |
52 |
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7.8 |
No Sales |
7.8 |
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$100,000 |
- |
$125,000 |
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29 |
1 |
28 |
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59 |
0 |
59 |
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5.9 |
No Sales |
5.7 |
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$125,000 |
- |
$150,000 |
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27 |
0 |
27 |
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41 |
1 |
40 |
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7.9 |
0.0 |
8.1 |
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$150,000 |
- |
$200,000 |
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29 |
0 |
29 |
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48 |
0 |
48 |
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7.3 |
No Sales |
7.3 |
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$200,000 |
- |
$250,000 |
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28 |
0 |
28 |
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41 |
1 |
40 |
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8.2 |
0.0 |
8.4 |
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$250,000 |
- |
$300,000 |
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25 |
4 |
21 |
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41 |
5 |
36 |
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7.3 |
9.6 |
7.0 |
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$300,000 |
- |
$500,000 |
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22 |
2 |
20 |
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57 |
11 |
46 |
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4.6 |
2.2 |
5.2 |
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$500,000 |
- |
$750,000 |
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7 |
1 |
6 |
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7 |
0 |
7 |
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12.0 |
No Sales |
10.3 |
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$750,000 |
+ |
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4 |
0 |
4 |
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1 |
0 |
1 |
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48.0 |
No Sales |
48.0 |
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Totals |
259 |
8 |
251 |
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450 |
18 |
432 |
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6.9 |
5.3 |
7.0 |
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Southwest Leon County (Area 4) |
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$0 |
- |
$75,000 |
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83 |
0 |
83 |
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114 |
0 |
114 |
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8.7 |
No Sales |
8.7 |
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$75,000 |
- |
$100,000 |
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40 |
0 |
40 |
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38 |
0 |
38 |
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12.6 |
No Sales |
12.6 |
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$100,000 |
- |
$125,000 |
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15 |
0 |
15 |
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21 |
0 |
21 |
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8.6 |
No Sales |
8.6 |
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$125,000 |
- |
$150,000 |
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14 |
0 |
14 |
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10 |
1 |
9 |
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16.8 |
0.0 |
18.7 |
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$150,000 |
- |
$200,000 |
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13 |
1 |
12 |
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10 |
1 |
9 |
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15.6 |
12.0 |
16.0 |
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$200,000 |
- |
$250,000 |
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8 |
0 |
8 |
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3 |
0 |
3 |
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32.0 |
No Sales |
32.0 |
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$250,000 |
- |
$300,000 |
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4 |
0 |
4 |
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1 |
0 |
1 |
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48.0 |
No Sales |
48.0 |
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$300,000 |
- |
$500,000 |
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8 |
0 |
8 |
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0 |
0 |
0 |
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No Sales |
No Sales |
No Sales |
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$500,000 |
- |
$750,000 |
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1 |
0 |
1 |
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0 |
0 |
0 |
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No Sales |
No Sales |
No Sales |
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$750,000 |
+ |
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0 |
0 |
0 |
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0 |
0 |
0 |
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No Sales |
No Sales |
No Sales |
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Totals |
186 |
1 |
185 |
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197 |
2 |
195 |
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11.3 |
6.0 |
11.4 |
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All Area Totals |
1980 |
75 |
1905 |
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3075 |
169 |
2906 |
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7.7 |
5.3 |
7.9 |
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* 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 2014
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