Tallahassee Home Inventory Report December 2012

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

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Leon County Home Inventory Report
Residential Supply December 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   45 0 45 61 0 61 8.9 No Sales 8.9
$100,000 - $125,000   43 0 43 65 0 65 7.9 No Sales 7.9
$125,000 - $150,000   62 0 62 126 3 123 5.9 0.0 6.0
$150,000 - $200,000   148 2 146 333 2 331 5.3 12.0 5.3
$200,000 - $250,000   152 17 135 253 28 225 7.2 7.3 7.2
$250,000 - $300,000   115 17 98 138 30 108 10.0 6.8 10.9
$300,000 - $500,000   182 13 169 197 18 179 11.1 8.7 11.3
$500,000 - $750,000   37 1 36 32 0 32 13.9 No Sales 13.5
$750,000 +     33 1 32 9 2 7 44.0 6.0 54.9
Totals 837 51 786 1243 83 1160 8.1 7.4 8.1
Northwest Leon County (Area 2)
$0 - $75,000   141 0 141 242 1 241 7.0 0.0 7.0
$75,000 - $100,000   112 0 112 115 0 115 11.7 No Sales 11.7
$100,000 - $125,000   76 0 76 87 0 87 10.5 No Sales 10.5
$125,000 - $150,000   59 1 58 82 1 81 8.6 12.0 8.6
$150,000 - $200,000   55 6 49 72 9 63 9.2 8.0 9.3
$200,000 - $250,000   17 2 15 19 2 17 10.7 12.0 10.6
$250,000 - $300,000   14 2 12 13 1 12 12.9 24.0 12.0
$300,000 - $500,000   18 1 17 10 0 10 21.6 No Sales 20.4
$500,000 - $750,000   3 0 3 1 0 1 36.0 No Sales 36.0
$750,000 +     3 0 3 1 0 1 36.0 No Sales 36.0
Totals 498 12 486 642 14 628 9.3 10.3 9.3
SouthEast Leon County (Area 3)
$0 - $75,000   62 0 62 82 0 82 9.1 No Sales 9.1
$75,000 - $100,000   55 0 55 43 0 43 15.3 No Sales 15.3
$100,000 - $125,000   34 0 34 55 2 53 7.4 0.0 7.7
$125,000 - $150,000   34 0 34 46 4 42 8.9 0.0 9.7
$150,000 - $200,000   35 0 35 41 0 41 10.2 No Sales 10.2
$200,000 - $250,000   15 1 14 28 2 26 6.4 6.0 6.5
$250,000 - $300,000   18 6 12 32 15 17 6.8 4.8 8.5
$300,000 - $500,000   22 6 16 34 14 20 7.8 5.1 9.6
$500,000 - $750,000   12 0 12 6 0 6 24.0 No Sales 24.0
$750,000 +     2 0 2 0 0 0 No Sales No Sales No Sales
Totals 289 13 276 367 37 330 9.4 4.2 10.0
Southwest Leon County (Area 4)
$0 - $75,000   70 0 70 115 8 107 7.3 0.0 7.9
$75,000 - $100,000   22 0 22 19 0 19 13.9 No Sales 13.9
$100,000 - $125,000   18 0 18 8 0 8 27.0 No Sales 27.0
$125,000 - $150,000   15 0 15 5 0 5 36.0 No Sales 36.0
$150,000 - $200,000   13 1 12 12 1 11 13.0 12.0 13.1
$200,000 - $250,000   8 0 8 2 0 2 48.0 No Sales 48.0
$250,000 - $300,000   4 0 4 5 0 5 9.6 No Sales 9.6
$300,000 - $500,000   2 0 2 2 0 2 12.0 No Sales 12.0
$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 153 1 152 168 9 159 10.9 1.3 11.5
All Area Totals 1,777 77 1,700 2,420 143 2,277 8.8 6.5 9.0

* 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 December 2012

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