Sales of Existing Homes Up 10.6% in September, Prices Up

Sales of Existing Homes Up 10.6% in September, Prices Up

Sales of existing single-family homes in Leon county were up 10.6% when compared to numbers sold in the same month one year ago. There were 284 single-family home resales in September 2019 and 314 resales in September 2020. Last month there were 307 existing single-family homes sold.

The average sales price in August 2020 increased 19.6% from $265,582 last year to $317,735.

Annual trends show that single-family home sales came in at an annual rate of 3,162 in September. The August annual rate of sales is 1.3% above the annual rate of 3,120 reported one year ago. The annual rate of sales last month was 3,132.

The chart below shows the annual rate of single family sales in Leon county over the last 36 months.

The average price of homes sold over the last twelve months in Leon county was $279,962. This is 6.3% above the average sales price of $263,345 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 three years.

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