Long-Term Trends In Tallahassee Housing February 2, 2010

The best news that we get when viewing the long-term trends graph below is that there is no "new" news. The number of new listings each day is down to 15, while the number of listings that fail to sell each day (pulled from the market after having failed to sell during a 6 month listing term) has just dropped below 12 per day.

Additionally, new pending home sales have continued the climb towards 5 per day and home sales are nearing the 7 per day pace. Every trend is moving in the right direction!

Each of these trends is tracked separately, and will be featured over the next few days.