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Tallahassee Home Inventory Report June 2014

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of June 5, 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”).Supply And Demand

Leon County Home Inventory Report
Residential Supply June 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 19 0 19 49 0 49 4.7 No Sales 4.7
$75,000 - $100,000 26 0 26 69 0 69 4.5 No Sales 4.5
$100,000 - $125,000 44 0 44 93 0 93 5.7 No Sales 5.7
$125,000 - $150,000 53 0 53 110 0 110 5.8 No Sales 5.8
$150,000 - $200,000 208 0 208 349 3 346 7.2 0.0 7.2
$200,000 - $250,000 167 11 156 292 31 261 6.9 4.3 7.2
$250,000 - $300,000 148 13 135 202 39 163 8.8 4.0 9.9
$300,000 - $500,000 228 24 204 299 48 251 9.2 6.0 9.8
$500,000 - $750,000 65 5 60 45 3 42 17.3 20.0 17.1
$750,000 + 42 0 42 19 1 18 26.5 0.0 28.0
Totals 1000 53 947 1527 125 1402 7.9 5.1 8.1
Northwest Leon County (Area 2)
$0 - $75,000 158 0 158 284 2 282 6.7 0.0 6.7
$75,000 - $100,000 112 0 112 153 0 153 8.8 No Sales 8.8
$100,000 - $125,000 73 0 73 112 2 110 7.8 0.0 8.0
$125,000 - $150,000 94 1 93 91 0 91 12.4 No Sales 12.3
$150,000 - $200,000 89 7 82 122 13 109 8.8 6.5 9.0
$200,000 - $250,000 31 5 26 42 2 40 8.9 30.0 7.8
$250,000 - $300,000 23 2 21 25 2 23 11.0 12.0 11.0
$300,000 - $500,000 24 6 18 20 7 13 14.4 10.3 16.6
$500,000 - $750,000 8 0 8 1 0 1 96.0 No Sales 96.0
$750,000 + 5 0 5 0 0 0 No Sales No Sales No Sales
Totals 617 21 596 850 28 822 8.7 9.0 8.7
SouthEast Leon County (Area 3)
$0 - $75,000 50 0 50 113 0 113 5.3 No Sales 5.3
$75,000 - $100,000 43 0 43 51 0 51 10.1 No Sales 10.1
$100,000 - $125,000 37 2 35 62 1 61 7.2 24.0 6.9
$125,000 - $150,000 23 2 21 40 1 39 6.9 24.0 6.5
$150,000 - $200,000 34 0 34 53 0 53 7.7 No Sales 7.7
$200,000 - $250,000 30 1 29 38 1 37 9.5 12.0 9.4
$250,000 - $300,000 30 8 22 40 3 37 9.0 32.0 7.1
$300,000 - $500,000 40 9 31 48 5 43 10.0 21.6 8.7
$500,000 - $750,000 10 2 8 7 0 7 17.1 No Sales 13.7
$750,000 + 4 0 4 2 0 2 24.0 No Sales 24.0
Totals 301 24 277 454 11 443 8.0 26.2 7.5
Southwest Leon County (Area 4)
$0 - $75,000 82 0 82 106 0 106 9.3 No Sales 9.3
$75,000 - $100,000 31 0 31 31 0 31 12.0 No Sales 12.0
$100,000 - $125,000 13 0 13 15 0 15 10.4 No Sales 10.4
$125,000 - $150,000 15 0 15 10 1 9 18.0 0.0 20.0
$150,000 - $200,000 13 3 10 9 0 9 17.3 No Sales 13.3
$200,000 - $250,000 10 0 10 4 0 4 30.0 No Sales 30.0
$250,000 - $300,000 6 0 6 1 0 1 72.0 No Sales 72.0
$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 179 3 176 176 1 175 12.2 36.0 12.1
All Area Totals 2097 101 1996 3007 165 2842 8.4 7.3 8.4
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 June 2014

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