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Tallahassee Home Inventory Report September 2014

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

Supply And Demand Report

Leon County Home Inventory Report
Residential Supply September 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 7 107 0 107 0.8 No Sales 0.8
$75,000 - $100,000 32 0 32 75 0 75 5.1 No Sales 5.1
$100,000 - $125,000 34 0 34 88 0 88 4.6 No Sales 4.6
$125,000 - $150,000 55 0 55 114 0 114 5.8 No Sales 5.8
$150,000 - $200,000 203 8 195 348 3 345 7.0 32.0 6.8
$200,000 - $250,000 155 17 138 295 35 260 6.3 5.8 6.4
$250,000 - $300,000 126 25 101 216 37 179 7.0 8.1 6.8
$300,000 - $500,000 212 34 178 280 42 238 9.1 9.7 9.0
$500,000 - $750,000 79 3 76 47 7 40 20.2 5.1 22.8
$750,000 + 38 0 38 18 1 17 25.3 0.0 26.8
Totals 941 87 854 1588 125 1463 7.1 8.4 7.0
Northwest Leon County (Area 2)
$0 - $75,000 132 0 132 293 2 291 5.4 0.0 5.4
$75,000 - $100,000 106 0 106 137 0 137 9.3 No Sales 9.3
$100,000 - $125,000 72 0 72 111 0 111 7.8 No Sales 7.8
$125,000 - $150,000 82 1 81 96 1 95 10.3 12.0 10.2
$150,000 - $200,000 94 5 89 118 16 102 9.6 3.8 10.5
$200,000 - $250,000 24 4 20 45 1 44 6.4 48.0 5.5
$250,000 - $300,000 20 2 18 28 3 25 8.6 8.0 8.6
$300,000 - $500,000 27 3 24 25 12 13 13.0 3.0 22.2
$500,000 - $750,000 9 0 9 3 0 3 36.0 No Sales 36.0
$750,000 + 4 0 4 0 0 0 No Sales No Sales No Sales
Totals 570 15 555 856 35 821 8.0 5.1 8.1
SouthEast Leon County (Area 3)
$0 - $75,000 49 0 49 114 0 114 5.2 No Sales 5.2
$75,000 - $100,000 31 0 31 51 0 51 7.3 No Sales 7.3
$100,000 - $125,000 25 0 25 64 2 62 4.7 0.0 4.8
$125,000 - $150,000 33 9 24 39 4 35 10.2 27.0 8.2
$150,000 - $200,000 34 0 34 50 0 50 8.2 No Sales 8.2
$200,000 - $250,000 35 3 32 42 1 41 10.0 36.0 9.4
$250,000 - $300,000 28 5 23 48 6 42 7.0 10.0 6.6
$300,000 - $500,000 26 2 24 53 9 44 5.9 2.7 6.5
$500,000 - $750,000 7 1 6 9 1 8 9.3 12.0 9.0
$750,000 + 2 0 2 2 0 2 12.0 No Sales 12.0
Totals 270 20 250 472 23 449 6.9 10.4 6.7
Southwest Leon County (Area 4)
$0 - $75,000 65 0 65 109 0 109 7.2 No Sales 7.2
$75,000 - $100,000 24 0 24 32 0 32 9.0 No Sales 9.0
$100,000 - $125,000 19 0 19 14 0 14 16.3 No Sales 16.3
$125,000 - $150,000 12 1 11 8 1 7 18.0 12.0 18.9
$150,000 - $200,000 8 2 6 11 1 10 8.7 24.0 7.2
$200,000 - $250,000 6 0 6 4 0 4 18.0 No Sales 18.0
$250,000 - $300,000 9 0 9 1 0 1 108.0 No Sales 108.0
$300,000 - $500,000 5 0 5 2 0 2 30.0 No Sales 30.0
$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 149 3 146 181 2 179 9.9 18.0 9.8
All Area Totals 1930 125 1805 3097 185 2912 7.5 8.1 7.4
Tallahassee Real Estate Supply And Demand September 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 September 2014

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