Search Listings

Updated Home Inventory Report Available

The new Leon County Home Inventory Report is completed and has been posted at The Market Bulletin. Just as we have experienced over the past several months, this month brings more growth in the relative supply of homes in the Tallahassee real estate market.

The Leon County Home Inventory Report measures the current months of supply of homes for sale in Tallahassee by measuring the number of homes currently on the market and then by dividing them by the total number of sales over the previous twelve months. This results in what we refer to as the relative supply of homes for sale in Tallahassee.

Each quadrant of Leon County is represented individually in the report, showing new home supply, existing home supply, and over home supply in the Tallahassee housing market. The information is pulled from the Tallahassee MLS each month, allowing for close monitoring of the changing supply and demand dynamic in the Tallahassee real estate market. The changes this month show one area improving, the others not.

Northeast Tallahassee Continues Home Inventory Growth

Forty seven percent (47%) of the Tallahassee home sales in the past twelve months came from the Northeast quadrant of Leon County. With this portion of the Tallahassee housing market being so dominant, we can often just look here to see how the entire market is doing. Just as the entire market saw inventories increase by .3 months (about 10 days worth of supply growth), so did the Northeast.

Northeast Tallahassee real estate market report

Northwest Tallahassee Continues Home Inventory Growth

Much like the Northeast, Northwest Tallahassee saw inventory grow by about 10 days during the month of June. Hardest hit was the $250K-$300K price range, where relative supply grew by 11.1 months. All price ranges in the Northwest combined bring this part of the Tallahassee housing market to nearly 18 months of supply, meaning that if no other homes are placed for sale in the Northwest, we have enough currently for sale to handle current demand for 18 months! This is way too high.

Northwest Tallahassee real estate market report

Please Do Us A Small Favor

We work very hard to produce daily content for our long-time readers and first-time visitors. We provide this information for free, hoping to earn your respect and trust and the right to one-day help you when selling or buying a home. Can we get your help spreading the word about our blog?

If you like the content, would you please like it or share it using the Facebook button at the beginning of the post? This simple action will be greatly appreciated! THANK YOU!

Please Like Us And Share On Facebook - Help us grow our brand!

Also like us on Facebook at

Southeast Tallahassee Reports Home Inventory Reduction

Tallahassee Home Supply Report

The Southeast quadrant of the Tallahassee housing market performed the best in June, reducing its overall supply of homes by .2 months (about 6 days worth). The supply of homes in Southeast Tallahassee is still too high, but hopefully we can see this trend continue until the market balances at 6.0 months of supply.

Southeast Tallahassee real estate market report

Southwest Tallahassee Continues Home Inventory Growth

The Southwest section of the Tallahassee real estate market showed the worst performance in June, with relative home inventories rising 2.1 months across the board. Worst hit was the median home price range of $150K-$200K, with a growth exceeding a year (14.3 months). The entire quadrant now has over two years supply of homes and needs the rest of the Tallahassee real estate market to heal and to help pull it along.

Southwest Tallahassee real estate market report


Subscribe in a reader Subscribe by email

As a reminder for those who subscribe to the Tallahassee Real Estate Blog by email, some embedded pictures and videos might not be appearing in your email and you might need to click the title header to go to your browser where all will be visible. Additionally, if you would like to respond (leave a comment) to this article, you will need to “click through” to the blog site to post your feedback.

Keep checking out the Tallahassee Real Estate Blog every day for updates on real estate in Tallahassee Florida.
If you like this Article then please subscribe to my blog through a full RSS feed, or you can Subscribe by Email.You will be able to stay informed about the happenings in the Tallahassee Real Estate Market.
Joe Manausa is a real estate blogger, a real estate investor and the Broker and Co-Owner of Joe Manausa Real Estate. He can be reached via e-mail through the Tallahassee Real Estate Website or catch his latest writings on the Tallahassee Florida Real Estate Blog , or by calling (850) 386-2001.
NewsletterArchives MarketReportBlog
 View Joe Manausa's profile on LinkedIn

Your Local Expert In Tallahassee

Are you ready to go see a home in this oft-overlooked, amazing neighborhood? Do you have further questions on the Tallahassee real estate market? If so, you can leave a comment below, give us a call at (850) 366-8917, or drop us a note and we'll give you the local information needed to ensure a successful, smooth transaction.

As a local born and raised in Tallahassee with a focus on customer service, I promise you'll find great success when working with Joe Manausa Real Estate, just as have our past customers. You can read thousands of their reviews reported on Google, Facebook and Zillow right here: Real Estate Agent Reviews Tallahassee.

The digital marketing guide for small businessesHave you heard about my new book "The Business of Getting Business?" It's a comprehensive guide for small businesses to help them make the move to digital. For those of us who want to survive and thrive in a world where large corporations are taking over, it is a must-read. It's also the perfect guide for how to sell a home in the digital age. You can find it on Amazon (UK) for immediate delivery, or you can go to Amazon (US) to reserve a copy at a pre-US published rate.

Real Estate Agent reveals in Tallahassee, Florida

Think all REALTORS are alike?

Read what people are saying about working with Joe Manausa Real Estate! You can see thousands of real customer reviews reported on Google, Facebook and Zillow at this link: CLICK HERE FOR REAL ESTATE AGENT REVIEWS.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (496) Blogging Real Estate (187) Distressed Property (32) Foreclosures (4) Glossary of Real Estate Terms (33) Government and Real Estate (31) Homes For Sale (159) Housing Market Conditions (1269) 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 (643) Team Member (1) 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