Sales of existing single-family homes in Leon county were up 24.3% when compared to numbers sold in the same month one year ago. There were 317 single-family home resales in July 2020 and 394 resales in July 2021. Last month there were 396 existing single-family homes sold.
The average sales price in July 2021 increased 15.4% to $323,209. Last July the average sales price was $279,975.
Annual trends show that single-family home sales transactions came in at a rate of 3,724 in July, 2021. The Jule 2021 annual rate of sales is 18.0% above the annual rate of 3,157 reported one year ago. The annual rate of sales last month was 3,647.
The average price of homes sold over the last twelve months in Leon county was $310,187. This is 13.8% above the $272,625 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 18.9% from 3,152 to 3,724 in July, 2021.
The inventory of homes for sale was slightly down from one year ago. There were 727 homes listed for sale in July, 2021. This is approximately 3.3% lower than the768 homes listed for sale in July, 2020.
Also, homes are selling faster. The average days on market in July 2021 was 22. One year ago it took approximately 49 days to sell an existing home.