Sales of existing single-family homes in Leon county were up 14.1% when compared to numbers sold in the same month one year ago. There were 347 single-family home resales in June 2020 and 396 resales in June 2021. Last month there were 338 existing single-family homes sold.
The average sales price in June 2021 increased 22.8% to $338,296. Last June the average sales price was $275,430.
Annual trends show that single-family home sales transactions came in at a rate of 3,647 in June, 2021. The June 2021 annual rate of sales is 16.2% above the annual rate of 3,138 reported one year ago. The annual rate of sales last month was 3,598.
The average price of homes sold over the last twelve months in Leon county was $306,154. This is 12.9% above the $271,068 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.
The chart below shows the annual rate of single family sales in Leon county over the last 36 months. Since August of last year, the annual rate of transactions has increased 16.4% from 3,152 to 3,647 in June, 2021.
Leon County June Residential Resales Up, Average Price Over 300K added by Staff on
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If I don’t have to finish the Projects I started, I’d let my 3/1.5 with 1 Car Garage go for $195,000.
Out of state (and often out of country) flippers and investors are exploiting the panic relocation and buying trend we’re experiencing… thus chasing the working class out of this town. Another speculation real estate run that results in overpriced and unaffordable housing, which will lead to an increase in taxable revenues into the city coffers… and of course an increase in unsustainable spending on feel-good programs. Then once the inevitable crash happens, the local politicians will cry poor mouth and threaten to cut services to law enforcement, children, and the elderly unless we accept a tax increase.
… rinse and repeat… rinse and repeat…