Search Listings

Tallahassee Real Estate Market Ready For Seasonal Sellers

Every year about this time, we see a growth in the number of new listings in the Tallahassee real estate market.

The number of homes for sale in Tallahassee typically dips to an annual low in December, and then we see the number of daily listings accelerate for the next six months.

Tallahassee Real Estate Listings

We track new listings in the Tallahassee MLS every day and keep a record of all that are priced over $100,000.

Over the past thirty days, we have seen an average of 4.5 homes listed each day with an average asking price of $240,000. One year ago, the numbers were very similar.

Tallahassee Real Estate Listings

In the real estate graph above, we track the 30 day trend of daily new listings (priced $100K or higher).

This simply means that each point on the graph represents everything that happened in the past thirty days, divided by thirty. These short terms trends are useful in finding new directional changes in the housing market while eliminating chaos that would found by graphing daily numbers. The picture is much more clear.

The purple bars show the average number of homes listed for sale in Tallahassee (measured on the left vertical axis), while the blue line measures the average asking price for these homes (measured on the right vertical axis).

This short term trend analysis is very useful to track seasonal changes and to forecast future movements in the Tallahassee real estate market.

Hire a Vet

Speak To An Expert!

The average agent in Tallahassee sells fewer than 6 homes per year.

Joe and his team (led by military Veterans) are on track to sell 600 homes this year.

Don't you want that kind of dedicated commitment working for you?

2014 Home Inventory Forecast

As the housing market continues to recover, we will see more home sellers who desire to move enter the competition for buyers. There are thousands of these homeowners who have been waiting for home values to recover who have been waiting in the wings, and 2014 will finally offer opportunity for them to get sold and gone.

You might recall from a previous article on the Tallahassee Real Estate Blog that the average homeowner enjoyed a 5.6% real estate appreciation rate last year, and I suspect we will see similar numbers again this year, so long as interest rates do not surge at some crazy pace.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (495) Blogging Real Estate (187) Distressed Property (32) Foreclosures (4) Glossary of Real Estate Terms (33) Government and Real Estate (31) Homes For Sale (156) Housing Market Conditions (1265) Housing Report (54) Lis Pendens (4) Main (1018) Mortgage / Finance (74) New Construction (19) Off Topic (87) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (26) Real Estate Opinion (3) REALTOR News (11) Tallahassee (90) Tallahassee Neighborhoods (629) Uncategorized (50)

Posts By Month

Blog Roll

Luxury Homes For Sale New Construction Homes For Sale Homes For Sale With Swimming Pools Homes For Sale On Acreage Homes For Sale In Golden Eagle Plantation Homes For Sale In Killearn Lakes Plantation Homes For Sale In Killearn Estates Homes For Sale In Southwood Homes For Sale In Killearn Acres Homes For Sale In Summerbrooke Homes For Sale In Piney Z Homes For Sale In Bull Run Homes For Sale In Betton Homes For Sale In The Ox Bottom Area

Tag Cloud

Grab Our RSS Feed

Tallahassee Home Searches

Contact Us

Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917