Tallahassee Home Inventory Report November 2010

The following tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of November 13, 2010. 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”).

Currently, there are more than 12 months of supply of homes on the market in Tallahassee. This will continue to put pressure on home prices until we see market inventories stabilize at the 6 months of supply level. 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.

Leon County (All Areas)

Leon County (All) For SaleSoldMonths of Supply
PRICE RANGE
All Area Totals
All New Resale
2446 143 2303
All New Resale
2379 227 2152
All New Resale
12.3 7.6 12.8
Northeast Leon County For SaleSoldMonths of Supply
PRICE RANGE
$0 - $75,000
$75,000 - $100,000
$100,000 - $125,000
$125,000 - $150,000
$150,000 - $200,000
$200,000 - $250,000
$250,000 - $300,000
$300,000 - $500,000
$500,000 - $750,000
$750,000 +
Totals
All New Resale
6 0 6
37 0 37
69 0 69
101 0 101
231 4 227
171 17 154
142 10 132
200 10 190
56 0 56
36 2 34
1049 43 1006
All New Resale
72 0 72
82 0 82
79 0 79
91 0 91
305 12 293
213 23 190
166 22 144
184 12 172
30 2 28
7 1 6
1229 72 1157
All New Resale
1.0 No Sales 1.0
5.4 No Sales 5.4
10.5 No Sales 10.5
13.3 No Sales 13.3
9.1 4.0 9.3
9.6 8.9 9.7
10.3 5.5 11.0
13.0 10.0 13.3
22.4 0.0 24.0
61.7 24.0 68.0
10.2 7.2 10.4
Northwest Leon County For SaleSoldMonths of Supply
PRICE RANGE
$0 - $75,000
$75,000 - $100,000
$100,000 - $125,000
$125,000 - $150,000
$150,000 - $200,000
$200,000 - $250,000
$250,000 - $300,000
$300,000 - $500,000
$500,000 - $750,000
$750,000 +
Totals
All New Resale
109 0 109
157 0 157
117 0 117
131 4 127
148 19 129
47 8 39
37 12 25
23 5 18
7 3 4
4 0 4
780 51 729
All New Resale
84 0 84
116 1 115
105 4 101
101 7 94
123 29 94
25 6 19
15 2 13
9 1 8
3 0 3
0 0 0
581 50 531
All New Resale
15.6 No Sales 15.6
16.2 0.0 16.4
13.4 0.0 13.9
15.6 6.9 16.2
14.4 7.9 16.5
22.6 16.0 24.6
29.6 72.0 23.1
30.7 60.0 27.0
28.0 No Sales 16.0
No Sales No Sales No Sales
16.1 12.2 16.5
Southeast Leon County For SaleSoldMonths of Supply
PRICE RANGE
$0 - $75,000
$75,000 - $100,000
$100,000 - $125,000
$125,000 - $150,000
$150,000 - $200,000
$200,000 - $250,000
$250,000 - $300,000
$300,000 - $500,000
$500,000 - $750,000
$750,000 +
Totals
All New Resale
51 0 51
50 1 49
49 2 47
57 7 50
60 10 50
32 3 29
23 5 18
31 2 29
5 1 4
3 0 3
361 31 330
All New Resale
49 0 49
28 1 27
50 0 50
89 14 75
81 30 51
50 22 28
29 8 21
25 5 20
6 0 6
2 0 2
409 80 329
All New Resale
12.5 No Sales 12.5
21.4 12.0 21.8
11.8 No Sales 11.3
7.7 6.0 8.0
8.9 4.0 11.8
7.7 1.6 12.4
9.5 7.5 10.3
14.9 4.8 17.4
10.0 No Sales 8.0
18.0 No Sales 18.0
10.6 4.7 12.0
Southwest Leon County For SaleSoldMonths of Supply
PRICE RANGE
$0 - $75,000
$75,000 - $100,000
$100,000 - $125,000
$125,000 - $150,000
$150,000 - $200,000
$200,000 - $250,000
$250,000 - $300,000
$300,000 - $500,000
$500,000 - $750,000
$750,000 +
Totals
All New Resale
80 0 80
51 4 47
49 4 45
29 6 23
18 4 14
6 0 6
11 0 11
10 0 10
1 0 1
1 0 1
256 18 238
All New Resale
47 0 47
35 1 34
29 2 27
16 4 12
26 16 10
4 2 2
1 0 1
2 0 2
0 0 0
0 0 0
160 25 135
All New Resale
20.4 No Sales 20.4
17.5 48.0 16.6
20.3 24.0 20.0
21.8 18.0 33.0
8.3 3.0 16.8
18.0 0.0 36.0
132.0 No Sales 132.0
60.0 No Sales 60.0
No Sales No Sales No Sales
No Sales No Sales No Sales
19.2 8.6 21.2

* 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 November 2010

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