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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”).

Tallahassee Real Estate Supply and Demand
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
Tallahassee Real Estate Supply And Demand November 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 November 2014

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