Weekly Special | July 14, 2025

How Low Have Home Sales Fallen?

Year-to-date home sales through June are very similar to last year, lower than any of the past ten year’s sales.

The chart above merges data from the Tallahassee Board of Realtors MLS with records from Metro Market Trends.

With roughly 15 % of closings never hitting the MLS, the Metro Market Trends data captures those missing transactions.

Metro Market Trends typically needs about thirty days to log every sale, so late-June closings will nudge the 2025 numbers higher once they appear.

As of mid-year, 1,947 sales have posted—just 1 % shy of the 1,955 recorded at the same point in 2024. Once the lagging entries arrive, 2025 should edge past last year.

Will the market keep improving?

Mortgage rates drive the outlook. If rates climb, sales will cool. If they hold steady, 2025 should finish slightly ahead of 2024. A drop toward 6 % could unleash pent-up demand and spark a stronger rebound.

Plan ahead: secure mortgage approval now so you can act quickly if rates dip. Click on the image in the left sidebar “Get Approved,” as Mitch and Amber have put a lot of lucky buyers in a strong position moving forward.

Whether you are planning on selling, buying, or both, keep an eye on mortgage interest rates.

Rates swing often. Secure loan approval now so you can seize any brief dip, lock a lower rate, and enjoy a smaller payment than you would at higher levels.

The original one-page Weekly Special PDF is still available.