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Tallahassee Home Inventory Report May 2014

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”).

Tallahassee Real Estate Graph

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

Tallahassee Real Estate Supply And Demand May 2014* 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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Joe Manausa Real Estate
2066 Thomasville Rd
Tallahassee, FL 32308
(850) 366-8917