Tallahassee MSA Single-Family Sales Down 15.7% in June

Tallahassee MSA Single-Family Sales Down 15.7% in June

The Florida Realtors June 2024 report on single-family sales activity shows there were 23,183 transactions, down 11.1% when compared to June 2023.

Year-to Date (YTD) numbers show that single – family sales transactions were down 2.9% six months into 2024 when compared to last year.

On the pricing front, the June median sales price was $427,000, up 1.7% when compared to one year ago. The YTD numbers show a median sales price of $423,694, up 3.3%. 

The report shows that there were 327 June single-family sales in the Tallahassee MSA, down 15.7% when compared to last year. The median sales price was $340,000, unchanged from June 2023.

YTD numbers show there have been 1,781 single-family transactions in the Tallahassee MSA through June, down 5.9%. The median sales price during this period was up 3.1%, to $330,000.

From a state perspective, all 22 MSA’s reported a decline in June transactions when compared to one year ago. For YTD comparisons, only five MSA’s reported an increase in sales transaction. Those MSA’s were Cape Coral-Fort Myers (0.3%), Sarasota (1.2%), Ocala (5.3%), Punta Gorda (12.8%) and The Villages (7.2%).

YTD median price comparisons through June, show price decreases in three MSA’s, Cape Coral-Fort Myers (-5.0%), Fort Walton Beach-Destin (-2.4%) and Panama City (3.8%).

One Response to "Tallahassee MSA Single-Family Sales Down 15.7% in June"

  1. I keep turning down offers for my house. 3-1.5-1 Car Garage on almost a Half Acre on a small Lake. They go to the Property Appraiser’s Web Site and see what I paid for it ($89,900) and want to argue with me when I turn down their $165,000 Offer. One got got really angry yelling at me. I told him have a nice Day and as I was walking away, he ask (Loudly) WHY NOT? I told him “Because my Mortgage Payment is UNDER $500 a Month Combined. Once he got his Jaw working again, he jumped his offer to $175,000. I just waved by and went back to Mowing MY Yard.

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