Single-Family Resales Increase in September, Prices Down

Single-Family Resales Increase in September, Prices Down

Sales of existing single-family homes in Leon county increased 35.2% when compared to numbers sold in the same month one year ago. There were 210 single-family home resales in September 2018 and 284 resales in September 2019. Last month there were 332 existing single-family homes sold.

The average sales price in September 2019 decreased 3.0% to $265,582 from $273,917 one year ago.

Annual trends show that single-family home sales increased to an annual rate of 3,120 in September, up from the 3,046 reported last month. The annual rate of sales is 0.2% below the annual rate of 3,125 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 $263,345. This is 2.90% above the $255,968 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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