Tallahassee Home Inventory Report July 2014

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of July 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 For Homes In Tallahassee

Leon County Home Inventory Report
Residential Supply July 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   15 0 15 102 0 102 1.8 No Sales 1.8
$75,000 - $100,000   25 0 25 73 0 73 4.1 No Sales 4.1
$100,000 - $125,000   35 0 35 93 0 93 4.5 No Sales 4.5
$125,000 - $150,000   56 0 56 112 0 112 6.0 No Sales 6.0
$150,000 - $200,000   216 2 214 351 3 348 7.4 8.0 7.4
$200,000 - $250,000   184 22 162 290 27 263 7.6 9.8 7.4
$250,000 - $300,000   157 21 136 206 37 169 9.1 6.8 9.7
$300,000 - $500,000   228 25 203 298 46 252 9.2 6.5 9.7
$500,000 - $750,000   69 4 65 43 3 40 19.3 16.0 19.5
$750,000 +     46 0 46 19 1 18 29.1 0.0 30.7
Totals 1031 74 957 1587 117 1470 7.8 7.6 7.8
Northwest Leon County (Area 2)
$0 - $75,000   148 0 148 297 2 295 6.0 0.0 6.0
$75,000 - $100,000   117 0 117 143 0 143 9.8 No Sales 9.8
$100,000 - $125,000   68 0 68 110 2 108 7.4 0.0 7.6
$125,000 - $150,000   85 0 85 104 1 103 9.8 0.0 9.9
$150,000 - $200,000   95 6 89 118 15 103 9.7 4.8 10.4
$200,000 - $250,000   24 5 19 45 1 44 6.4 60.0 5.2
$250,000 - $300,000   19 0 19 30 3 27 7.6 0.0 8.4
$300,000 - $500,000   19 4 15 23 9 14 9.9 5.3 12.9
$500,000 - $750,000   8 0 8 3 0 3 32.0 No Sales 32.0
$750,000 +     5 0 5 0 0 0 No Sales No Sales No Sales
Totals 588 15 573 873 33 840 8.1 5.5 8.2
SouthEast Leon County (Area 3)
$0 - $75,000   54 0 54 111 0 111 5.8 No Sales 5.8
$75,000 - $100,000   45 0 45 54 0 54 10.0 No Sales 10.0
$100,000 - $125,000   29 0 29 60 1 59 5.8 0.0 5.9
$125,000 - $150,000   26 3 23 43 2 41 7.3 18.0 6.7
$150,000 - $200,000   22 0 22 57 0 57 4.6 No Sales 4.6
$200,000 - $250,000   32 5 27 39 1 38 9.8 60.0 8.5
$250,000 - $300,000   35 6 29 45 5 40 9.3 14.4 8.7
$300,000 - $500,000   39 7 32 53 6 47 8.8 14.0 8.2
$500,000 - $750,000   8 1 7 9 1 8 10.7 12.0 10.5
$750,000 +     4 0 4 2 0 2 24.0 No Sales 24.0
Totals 294 22 272 473 16 457 7.5 16.5 7.1
Southwest Leon County (Area 4)
$0 - $75,000   71 0 71 111 0 111 7.7 No Sales 7.7
$75,000 - $100,000   31 0 31 30 0 30 12.4 No Sales 12.4
$100,000 - $125,000   11 0 11 15 0 15 8.8 No Sales 8.8
$125,000 - $150,000   17 1 16 9 1 8 22.7 12.0 24.0
$150,000 - $200,000   11 3 8 11 0 11 12.0 No Sales 8.7
$200,000 - $250,000   9 0 9 4 0 4 27.0 No Sales 27.0
$250,000 - $300,000   7 0 7 1 0 1 84.0 No Sales 84.0
$300,000 - $500,000   7 1 6 1 0 1 84.0 No Sales 72.0
$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 165 5 160 182 1 181 10.9 60.0 10.6
All Area Totals 2078 116 1962 3115 167 2948 8.0 8.3 8.0

Tallahassee Real Estate Supply And Demand July 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 July 2014

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