Leon County Home Resales Up in May, Prices Climb

Leon County Home Resales Up in May, Prices Climb

Sales of existing single-family homes in Leon county increased in May by 12.8% when compared to numbers sold in May one year ago. There were 343 single-family home resales in May 2017 and 304 resales in May 2016.

Last month there were 283 existing single-family homes sold.

The annualized rate of sales was 3,128 in May which is 5.7% above the annual rate of 2,958 reported in May 2016.

The chart below shows the annual rate of single family sales over the last 12 months.

May17SFRGraph1

Also the average price of homes sold over the last twelve months was $231,233. This is 8.4% above the 213,266 price reported one year ago.

The chart below shows that the 12-month and 3-month averages sales price of single-family homes.

May17SFRGraph2

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