Tallahassee Real Estate Sales Rebound in August

Tallahassee Real Estate Sales Rebound in August

Sales of existing single-family homes in Leon county increased 22.5% when compared to numbers sold in the same month one year ago. There were 271 single-family home resales in August 2018 and 332 resales in August 2019. Last month there were 298 existing single-family homes sold.

The average sales price in August 2019 decreased 2.9% to $266,323 from $274,159 one year ago.

Annual trends show that single-family home sales increased to an annual rate of 3,046 in August, up from the 2,985 reported last month. The annual rate of sales is now 2.8% below the annual rate of 3,135 reported a year ago.

The chart below shows the annual rate of single family sales in Leon county over the last 24 months.

The average price of homes sold over the last twelve months in Leon county was $263,865. This is 4.35% above the $252,970 sales price reported one year ago.

The average sales price chart below shows the 12-month and 3-month average sales price of single-family homes in Leon county over the last two years.

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