The graph below shows the annualized sales of single-family homes in Leon county over the last 12 months.
The latest information for October continues to show that the resale market is slowing a bit when compared to the significant increases experienced in the first part of the year.
However, the current annual rate of single-family home sales, which is 2,887 units, is still on pace for a double digit increase over the previous year.
There were 261 single-family homes sold in September. That number fell by 30% to 200 units in October.
As we have previously reported, if the current trend continues for the next three months, 2015 will be the third year in a row that single-family home sales has increased by double digits.
Single family home sales increased by 17.8% in 2013, 12.8% in 2014 and are projected to increase by approximately 17% in 2015.
The graph below shows the annualized average sales price of single-family homes in Leon county over the last 12 months.
The last 12 months have seen an approximate 5.0% increase in the average sales price of single-family homes.
This increase comes after a 3% increase in 2014 and a 4% increase in 2013.
The average sales price of a single-family home in 2013 was $201, 000. Based on the most recent three months of information, the average sales price of a single-family home in Leon county is approximately $220,000.