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Tallahassee Home Inventory Report August 2014

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of August 4, 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”).

real estate supply and demand

Leon County Home Inventory Report
Residential Supply August 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 11 0 11 104 0 104 1.3 No Sales 1.3
$75,000 - $100,000 25 0 25 72 0 72 4.2 No Sales 4.2
$100,000 - $125,000 35 0 35 93 0 93 4.5 No Sales 4.5
$125,000 - $150,000 52 0 52 114 0 114 5.5 No Sales 5.5
$150,000 - $200,000 216 2 214 351 3 348 7.4 8.0 7.4
$200,000 - $250,000 175 20 155 299 30 269 7.0 8.0 6.9
$250,000 - $300,000 141 21 120 212 39 173 8.0 6.5 8.3
$300,000 - $500,000 226 30 196 287 43 244 9.4 8.4 9.6
$500,000 - $750,000 82 4 78 46 4 42 21.4 12.0 22.3
$750,000 + 39 0 39 17 1 16 27.5 0.0 29.3
Totals 1002 77 925 1595 120 1475 7.5 7.7 7.5
Northwest Leon County (Area 2)
$0 - $75,000 150 0 150 294 2 292 6.1 0.0 6.2
$75,000 - $100,000 112 0 112 145 0 145 9.3 No Sales 9.3
$100,000 - $125,000 63 0 63 111 1 110 6.8 0.0 6.9
$125,000 - $150,000 84 1 83 102 1 101 9.9 12.0 9.9
$150,000 - $200,000 88 6 82 118 15 103 8.9 4.8 9.6
$200,000 - $250,000 25 4 21 46 1 45 6.5 48.0 5.6
$250,000 - $300,000 14 0 14 33 3 30 5.1 0.0 5.6
$300,000 - $500,000 21 4 17 26 11 15 9.7 4.4 13.6
$500,000 - $750,000 7 0 7 2 0 2 42.0 No Sales 42.0
$750,000 + 5 0 5 0 0 0 No Sales No Sales No Sales
Totals 569 15 554 877 34 843 7.8 5.3 7.9
SouthEast Leon County (Area 3)
$0 - $75,000 50 0 50 113 0 113 5.3 No Sales 5.3
$75,000 - $100,000 32 0 32 58 0 58 6.6 No Sales 6.6
$100,000 - $125,000 22 0 22 64 1 63 4.1 0.0 4.2
$125,000 - $150,000 36 8 28 43 3 40 10.0 32.0 8.4
$150,000 - $200,000 32 0 32 47 0 47 8.2 No Sales 8.2
$200,000 - $250,000 31 4 27 40 1 39 9.3 48.0 8.3
$250,000 - $300,000 32 5 27 47 6 41 8.2 10.0 7.9
$300,000 - $500,000 30 3 27 54 9 45 6.7 4.0 7.2
$500,000 - $750,000 7 1 6 9 1 8 9.3 12.0 9.0
$750,000 + 2 0 2 2 0 2 12.0 No Sales 12.0
Totals 274 21 253 477 21 456 6.9 12.0 6.7
Southwest Leon County (Area 4)
$0 - $75,000 70 0 70 110 0 110 7.6 No Sales 7.6
$75,000 - $100,000 32 0 32 27 0 27 14.2 No Sales 14.2
$100,000 - $125,000 13 0 13 15 0 15 10.4 No Sales 10.4
$125,000 - $150,000 14 1 13 8 1 7 21.0 12.0 22.3
$150,000 - $200,000 8 2 6 12 1 11 8.0 24.0 6.5
$200,000 - $250,000 9 0 9 4 0 4 27.0 No Sales 27.0
$250,000 - $300,000 9 0 9 1 0 1 108.0 No Sales 108.0
$300,000 - $500,000 5 0 5 2 0 2 30.0 No Sales 30.0
$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 161 3 158 179 2 177 10.8 18.0 10.7
All Area Totals 2006 116 1890 3128 177 2951 7.7 7.9 7.7

Tallahassee Real Estate Supply And Demand August 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 August 2014

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