Single-Family Resales Increase 24.7% in October, Prices Up

Single-Family Resales Increase 24.7% in October, Prices Up

Sales of existing single-family homes in Leon county were up 24.7% when compared to numbers sold in the same month one year ago. There were 251 single-family home resales in October 2019 and 313 resales in October 2020. Last month there were 314 existing single-family homes sold.

The average sales price in October 2020 increased 14.3% from $273,830 last year to $312,937.

Annual trends show that single-family home sales came in at an annual rate of 3,224 in October. The October annual rate of sales is 6.9% above the annual rate of 3,160 reported one year ago. The annual rate of sales last month was 3,162.

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 $283,640. This is 6.90% above the $265,405 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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