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Tallahassee Home Inventory Report February 2015

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The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of February 5, 2015. 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”).

Tallahassee Real Estate Supply and Demand

Leon County Home Inventory Report
Residential Supply February 2015
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   15 0 15 93 0 93 1.9 No Sales 1.9
$75,000 – $100,000   27 0 27 82 0 82 4.0 No Sales 4.0
$100,000 – $125,000   30 0 30 78 0 78 4.6 No Sales 4.6
$125,000 – $150,000   38 0 38 139 0 139 3.3 No Sales 3.3
$150,000 – $200,000   198 7 191 386 5 381 6.2 16.8 6.0
$200,000 – $250,000   111 8 103 291 30 261 4.6 3.2 4.7
$250,000 – $300,000   116 30 86 249 43 206 5.6 8.4 5.0
$300,000 – $500,000   179 28 151 291 42 249 7.4 8.0 7.3
$500,000 – $750,000   61 5 56 58 7 51 12.6 8.6 13.2
$750,000 +     26 0 26 20 0 20 15.6 No Sales 15.6
Totals 801 78 723 1687 127 1560 5.7 7.4 5.6
Northwest Leon County (Area 2)
$0 – $75,000   133 1 132 308 1 307 5.2 12.0 5.2
$75,000 – $100,000   102 0 102 145 0 145 8.4 No Sales 8.4
$100,000 – $125,000   62 1 61 119 0 119 6.3 No Sales 6.2
$125,000 – $150,000   70 0 70 124 2 122 6.8 0.0 6.9
$150,000 – $200,000   77 8 69 117 13 104 7.9 7.4 8.0
$200,000 – $250,000   27 6 21 39 3 36 8.3 24.0 7.0
$250,000 – $300,000   18 3 15 29 3 26 7.4 12.0 6.9
$300,000 – $500,000   26 4 22 25 11 14 12.5 4.4 18.9
$500,000 – $750,000   5 0 5 7 0 7 8.6 No Sales 8.6
$750,000 +     4 0 4 0 0 0 No Sales No Sales No Sales
Totals 524 23 501 913 33 880 6.9 8.4 6.8
SouthEast Leon County (Area 3)
$0 – $75,000   53 0 53 113 0 113 5.6 No Sales 5.6
$75,000 – $100,000   29 0 29 47 0 47 7.4 No Sales 7.4
$100,000 – $125,000   21 0 21 57 2 55 4.4 0.0 4.6
$125,000 – $150,000   25 1 24 55 7 48 5.5 1.7 6.0
$150,000 – $200,000   35 0 35 60 0 60 7.0 No Sales 7.0
$200,000 – $250,000   26 2 24 49 3 46 6.4 8.0 6.3
$250,000 – $300,000   21 7 14 55 10 45 4.6 8.4 3.7
$300,000 – $500,000   31 5 26 55 12 43 6.8 5.0 7.3
$500,000 – $750,000   4 0 4 14 3 11 3.4 0.0 4.4
$750,000 +     2 0 2 1 0 1 24.0 No Sales 24.0
Totals 247 15 232 506 37 469 5.9 4.9 5.9
Southwest Leon County (Area 4)
$0 – $75,000   74 0 74 114 0 114 7.8 No Sales 7.8
$75,000 – $100,000   30 0 30 34 0 34 10.6 No Sales 10.6
$100,000 – $125,000   14 0 14 10 0 10 16.8 No Sales 16.8
$125,000 – $150,000   8 0 8 7 1 6 13.7 0.0 16.0
$150,000 – $200,000   12 2 10 10 1 9 14.4 24.0 13.3
$200,000 – $250,000   2 0 2 7 0 7 3.4 No Sales 3.4
$250,000 – $300,000   3 0 3 5 0 5 7.2 No Sales 7.2
$300,000 – $500,000   5 0 5 4 0 4 15.0 No Sales 15.0
$500,000 – $750,000   0 0 0 0 0 0 No Sales No Sales No Sales
$750,000 +     0 0 0 0 0 0 No Sales No Sales No Sales
Totals 148 2 146 191 2 189 9.3 12.0 9.3
All Area Totals 1720 118 1602 3297 199 3098 6.3 7.1 6.2

Housing Report Tallahassee* 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 February 2015

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