The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of July 7, 2012. 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 Supply And Demand
Real Estate Supply And Demand In Tallahassee Florida
Currently, there are 11 months of supply of homes on the market in Tallahassee, but the relative supply fell last month, something that normally occurs this time of year as the summer seasons closings hit their peak. High levels of relative home supply will continue to put pressure on home prices until we see market inventories stabilize at the 6 months of supply level.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Leon County Home Inventory Report |
|
|
Residential Supply July 2012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
20 |
0 |
20 |
|
29 |
0 |
29 |
|
8.3 |
No Sales |
8.3 |
|
|
$75,000 |
- |
$100,000 |
|
50 |
0 |
50 |
|
63 |
0 |
63 |
|
9.5 |
No Sales |
9.5 |
|
|
$100,000 |
- |
$125,000 |
|
50 |
0 |
50 |
|
56 |
0 |
56 |
|
10.7 |
No Sales |
10.7 |
|
|
$125,000 |
- |
$150,000 |
|
69 |
1 |
68 |
|
119 |
3 |
116 |
|
7.0 |
4.0 |
7.0 |
|
|
$150,000 |
- |
$200,000 |
|
168 |
0 |
168 |
|
322 |
3 |
319 |
|
6.3 |
0.0 |
6.3 |
|
|
$200,000 |
- |
$250,000 |
|
188 |
14 |
174 |
|
223 |
27 |
196 |
|
10.1 |
6.2 |
10.7 |
|
|
$250,000 |
- |
$300,000 |
|
129 |
19 |
110 |
|
128 |
26 |
102 |
|
12.1 |
8.8 |
12.9 |
|
|
$300,000 |
- |
$500,000 |
|
212 |
8 |
204 |
|
174 |
18 |
156 |
|
14.6 |
5.3 |
15.7 |
|
|
$500,000 |
- |
$750,000 |
|
48 |
0 |
48 |
|
33 |
1 |
32 |
|
17.5 |
0.0 |
18.0 |
|
|
$750,000 |
+ |
|
|
39 |
1 |
38 |
|
11 |
2 |
9 |
|
42.5 |
6.0 |
50.7 |
|
|
Totals |
973 |
43 |
930 |
|
1158 |
80 |
1078 |
|
10.1 |
6.5 |
10.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Northwest Leon County (Area 2) |
|
|
$0 |
- |
$75,000 |
|
133 |
0 |
133 |
|
231 |
2 |
229 |
|
6.9 |
0.0 |
7.0 |
|
|
$75,000 |
- |
$100,000 |
|
133 |
0 |
133 |
|
99 |
0 |
99 |
|
16.1 |
No Sales |
16.1 |
|
|
$100,000 |
- |
$125,000 |
|
100 |
0 |
100 |
|
85 |
0 |
85 |
|
14.1 |
No Sales |
14.1 |
|
|
$125,000 |
- |
$150,000 |
|
86 |
2 |
84 |
|
82 |
2 |
80 |
|
12.6 |
12.0 |
12.6 |
|
|
$150,000 |
- |
$200,000 |
|
61 |
7 |
54 |
|
70 |
10 |
60 |
|
10.5 |
8.4 |
10.8 |
|
|
$200,000 |
- |
$250,000 |
|
21 |
2 |
19 |
|
17 |
2 |
15 |
|
14.8 |
12.0 |
15.2 |
|
|
$250,000 |
- |
$300,000 |
|
20 |
2 |
18 |
|
12 |
0 |
12 |
|
20.0 |
No Sales |
18.0 |
|
|
$300,000 |
- |
$500,000 |
|
18 |
1 |
17 |
|
9 |
0 |
9 |
|
24.0 |
No Sales |
22.7 |
|
|
$500,000 |
- |
$750,000 |
|
3 |
0 |
3 |
|
0 |
0 |
0 |
|
No Sales |
No Sales |
No Sales |
|
|
$750,000 |
+ |
|
|
6 |
0 |
6 |
|
1 |
0 |
1 |
|
72.0 |
No Sales |
72.0 |
|
|
Totals |
581 |
14 |
567 |
|
606 |
16 |
590 |
|
11.5 |
10.5 |
11.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SouthEast Leon County (Area 3) |
|
|
$0 |
- |
$75,000 |
|
63 |
0 |
63 |
|
96 |
0 |
96 |
|
7.9 |
No Sales |
7.9 |
|
|
$75,000 |
- |
$100,000 |
|
47 |
0 |
47 |
|
43 |
0 |
43 |
|
13.1 |
No Sales |
13.1 |
|
|
$100,000 |
- |
$125,000 |
|
45 |
0 |
45 |
|
56 |
4 |
52 |
|
9.6 |
0.0 |
10.4 |
|
|
$125,000 |
- |
$150,000 |
|
47 |
0 |
47 |
|
33 |
4 |
29 |
|
17.1 |
0.0 |
19.4 |
|
|
$150,000 |
- |
$200,000 |
|
48 |
1 |
47 |
|
37 |
0 |
37 |
|
15.6 |
No Sales |
15.2 |
|
|
$200,000 |
- |
$250,000 |
|
24 |
2 |
22 |
|
33 |
3 |
30 |
|
8.7 |
8.0 |
8.8 |
|
|
$250,000 |
- |
$300,000 |
|
29 |
9 |
20 |
|
18 |
9 |
9 |
|
19.3 |
12.0 |
26.7 |
|
|
$300,000 |
- |
$500,000 |
|
39 |
6 |
33 |
|
30 |
9 |
21 |
|
15.6 |
8.0 |
18.9 |
|
|
$500,000 |
- |
$750,000 |
|
6 |
0 |
6 |
|
9 |
1 |
8 |
|
8.0 |
0.0 |
9.0 |
|
|
$750,000 |
+ |
|
|
3 |
0 |
3 |
|
2 |
0 |
2 |
|
18.0 |
No Sales |
18.0 |
|
|
Totals |
351 |
18 |
333 |
|
357 |
30 |
327 |
|
11.8 |
7.2 |
12.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Southwest Leon County (Area 4) |
|
|
$0 |
- |
$75,000 |
|
73 |
0 |
73 |
|
93 |
8 |
85 |
|
9.4 |
0.0 |
10.3 |
|
|
$75,000 |
- |
$100,000 |
|
40 |
0 |
40 |
|
20 |
2 |
18 |
|
24.0 |
0.0 |
26.7 |
|
|
$100,000 |
- |
$125,000 |
|
15 |
0 |
15 |
|
7 |
1 |
6 |
|
25.7 |
0.0 |
30.0 |
|
|
$125,000 |
- |
$150,000 |
|
10 |
0 |
10 |
|
7 |
1 |
6 |
|
17.1 |
0.0 |
20.0 |
|
|
$150,000 |
- |
$200,000 |
|
21 |
3 |
18 |
|
13 |
1 |
12 |
|
19.4 |
36.0 |
18.0 |
|
|
$200,000 |
- |
$250,000 |
|
8 |
0 |
8 |
|
0 |
0 |
0 |
|
No Sales |
No Sales |
No Sales |
|
|
$250,000 |
- |
$300,000 |
|
4 |
0 |
4 |
|
4 |
0 |
4 |
|
12.0 |
No Sales |
12.0 |
|
|
$300,000 |
- |
$500,000 |
|
6 |
0 |
6 |
|
1 |
0 |
1 |
|
72.0 |
No Sales |
72.0 |
|
|
$500,000 |
- |
$750,000 |
|
1 |
0 |
1 |
|
0 |
0 |
0 |
|
No Sales |
No Sales |
No Sales |
|
|
$750,000 |
+ |
|
|
1 |
0 |
1 |
|
0 |
0 |
0 |
|
No Sales |
No Sales |
No Sales |
|
|
Totals |
179 |
3 |
176 |
|
145 |
13 |
132 |
|
14.8 |
2.8 |
16.0 |
|
|
All Area Totals |
2,084 |
78 |
2,006 |
|
2,266 |
139 |
2,127 |
|
11.0 |
6.7 |
11.3 |
|
|
|
|
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. * 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 July 2012
Post a Comment