Tallahassee Home Inventory Report November 2014

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

	Leon County Home Inventory Report
	Residential Supply November 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		5	0	5		100	0	100		0.6	No Sales	0.6
	$75,000	-	$100,000		26	0	26		79	0	79		3.9	No Sales	3.9
	$100,000	-	$125,000		34	0	34		81	0	81		5.0	No Sales	5.0
	$125,000	-	$150,000		59	0	59		120	0	120		5.9	No Sales	5.9
	$150,000	-	$200,000		211	8	203		355	3	352		7.1	32.0	6.9
	$200,000	-	$250,000		142	11	131		296	31	265		5.8	4.3	5.9
	$250,000	-	$300,000		119	27	92		229	40	189		6.2	8.1	5.8
	$300,000	-	$500,000		190	29	161		291	44	247		7.8	7.9	7.8
	$500,000	-	$750,000		67	4	63		49	6	43		16.4	8.0	17.6
	$750,000	+			33	0	33		20	1	19		19.8	0.0	20.8
	Totals				886	79	807		1620	125	1495		6.6	7.6	6.5
	Northwest Leon County (Area 2)
	$0	-	$75,000		132	0	132		302	1	301		5.2	0.0	5.3
	$75,000	-	$100,000		128	0	128		142	0	142		10.8	No Sales	10.8
	$100,000	-	$125,000		69	0	69		112	0	112		7.4	No Sales	7.4
	$125,000	-	$150,000		62	1	61		109	1	108		6.8	12.0	6.8
	$150,000	-	$200,000		89	6	83		124	16	108		8.6	4.5	9.2
	$200,000	-	$250,000		21	3	18		40	1	39		6.3	36.0	5.5
	$250,000	-	$300,000		21	3	18		27	2	25		9.3	18.0	8.6
	$300,000	-	$500,000		21	1	20		25	13	12		10.1	0.9	20.0
	$500,000	-	$750,000		6	0	6		4	0	4		18.0	No Sales	18.0
	$750,000	+			4	0	4		0	0	0		No Sales	No Sales	No Sales
	Totals				553	14	539		885	34	851		7.5	4.9	7.6
	SouthEast Leon County (Area 3)
	$0	-	$75,000		46	0	46		110	0	110		5.0	No Sales	5.0
	$75,000	-	$100,000		32	0	32		49	0	49		7.8	No Sales	7.8
	$100,000	-	$125,000		22	0	22		61	2	59		4.3	0.0	4.5
	$125,000	-	$150,000		30	8	22		53	5	48		6.8	19.2	5.5
	$150,000	-	$200,000		37	0	37		52	0	52		8.5	No Sales	8.5
	$200,000	-	$250,000		19	4	15		45	1	44		5.1	48.0	4.1
	$250,000	-	$300,000		25	5	20		48	6	42		6.3	10.0	5.7
	$300,000	-	$500,000		31	4	27		60	10	50		6.2	4.8	6.5
	$500,000	-	$750,000		5	0	5		11	2	9		5.5	0.0	6.7
	$750,000	+			3	0	3		2	0	2		18.0	No Sales	18.0
	Totals				250	21	229		491	26	465		6.1	9.7	5.9
	Southwest Leon County (Area 4)
	$0	-	$75,000		72	0	72		110	0	110		7.9	No Sales	7.9
	$75,000	-	$100,000		27	0	27		32	0	32		10.1	No Sales	10.1
	$100,000	-	$125,000		18	0	18		12	0	12		18.0	No Sales	18.0
	$125,000	-	$150,000		7	1	6		8	1	7		10.5	12.0	10.3
	$150,000	-	$200,000		11	2	9		10	1	9		13.2	24.0	12.0
	$200,000	-	$250,000		3	0	3		6	0	6		6.0	No Sales	6.0
	$250,000	-	$300,000		6	0	6		2	0	2		36.0	No Sales	36.0
	$300,000	-	$500,000		5	0	5		3	0	3		20.0	No Sales	20.0
	$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				149	3	146		183	2	181		9.8	18.0	9.7
	All Area Totals				1838	117	1721		3179	187	2992		6.9	7.5	6.9

* 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 November 2014