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”).

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

* 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