Leon County Average Real Estate Prices Stabilizing
Average real estate prices in Leon County have been dropping for quite some time, but recent trends indicate that the rate of decline might be slowing and perhaps even turning. Remember, average prices and average values are two separate measurements, but over time, they tend to move in the same direction.
Average single family home prices in Leon County once peaked above $220,000, but have declined to nearly $170,000 a few months ago. They are shown in blue in the real estate graph below. You can see all the homes for sale in Leon County by using the map based property search tool on our website.
Condo and townhouses prices have been cut in half as the downtown condo market froze over the past year (red line), but land and mobile homes appear to be rising slightly over the past month.
You can find volumes of market reports for Leon County and Tallahassee here and on the Tallahassee Real Estate Blog, or you can have the Tallahassee Home Sales Reports emailed to your inbox when they are published.