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Tallahassee Home Inventory Report October 2014

The following real estate graph and tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of October 5, 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 October 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 7 0 7 104 0 104 0.8 No Sales 0.8
$75,000 - $100,000 27 0 27 76 0 76 4.3 No Sales 4.3
$100,000 - $125,000 32 0 32 83 0 83 4.6 No Sales 4.6
$125,000 - $150,000 66 0 66 117 0 117 6.8 No Sales 6.8
$150,000 - $200,000 205 8 197 354 3 351 6.9 32.0 6.7
$200,000 - $250,000 146 17 129 301 32 269 5.8 6.4 5.8
$250,000 - $300,000 116 23 93 227 38 189 6.1 7.3 5.9
$300,000 - $500,000 196 29 167 287 48 239 8.2 7.3 8.4
$500,000 - $750,000 66 2 64 50 6 44 15.8 4.0 17.5
$750,000 + 36 0 36 20 1 19 21.6 0.0 22.7
Totals 897 79 818 1619 128 1491 6.6 7.4 6.6
Northwest Leon County (Area 2)
$0 - $75,000 128 0 128 303 2 301 5.1 0.0 5.1
$75,000 - $100,000 114 0 114 139 0 139 9.8 No Sales 9.8
$100,000 - $125,000 72 0 72 116 0 116 7.4 No Sales 7.4
$125,000 - $150,000 73 1 72 102 1 101 8.6 12.0 8.6
$150,000 - $200,000 91 5 86 116 16 100 9.4 3.8 10.3
$200,000 - $250,000 22 3 19 45 1 44 5.9 36.0 5.2
$250,000 - $300,000 19 2 17 29 3 26 7.9 8.0 7.8
$300,000 - $500,000 23 1 22 29 14 15 9.5 0.9 17.6
$500,000 - $750,000 6 0 6 3 0 3 24.0 No Sales 24.0
$750,000 + 5 0 5 0 0 0 No Sales No Sales No Sales
Totals 553 12 541 882 37 845 7.5 3.9 7.7
SouthEast Leon County (Area 3)
$0 - $75,000 39 0 39 117 0 117 4.0 No Sales 4.0
$75,000 - $100,000 34 0 34 49 0 49 8.3 No Sales 8.3
$100,000 - $125,000 22 0 22 64 2 62 4.1 0.0 4.3
$125,000 - $150,000 35 9 26 44 4 40 9.5 27.0 7.8
$150,000 - $200,000 38 0 38 49 0 49 9.3 No Sales 9.3
$200,000 - $250,000 26 4 22 42 1 41 7.4 48.0 6.4
$250,000 - $300,000 26 6 20 48 6 42 6.5 12.0 5.7
$300,000 - $500,000 31 3 28 55 9 46 6.8 4.0 7.3
$500,000 - $750,000 3 0 3 11 2 9 3.3 0.0 4.0
$750,000 + 3 0 3 2 0 2 18.0 No Sales 18.0
Totals 257 22 235 481 24 457 6.4 11.0 6.2
Southwest Leon County (Area 4)
$0 - $75,000 69 0 69 111 0 111 7.5 No Sales 7.5
$75,000 - $100,000 28 0 28 33 0 33 10.2 No Sales 10.2
$100,000 - $125,000 19 0 19 11 0 11 20.7 No Sales 20.7
$125,000 - $150,000 6 1 5 8 1 7 9.0 12.0 8.6
$150,000 - $200,000 11 2 9 10 1 9 13.2 24.0 12.0
$200,000 - $250,000 6 0 6 4 0 4 18.0 No Sales 18.0
$250,000 - $300,000 7 0 7 2 0 2 42.0 No Sales 42.0
$300,000 - $500,000 6 0 6 2 0 2 36.0 No Sales 36.0
$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 153 3 150 181 2 179 10.1 18.0 10.1
All Area Totals 1860 116 1744 3163 191 2972 7.1 7.3 7.0
Tallahassee Real Estate Supply And Demand October 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 October 2014

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Joe Manausa Real Estate
2066 Thomasville Rd
Tallahassee, FL 32308
(850) 366-8917