Sales of existing single-family homes in Leon county remained unchanged when compared to numbers sold in the same month one year ago. There were 252 single-family home resales in March 2019 and 254 resales in March 2020. Last month there were 218 existing single-family homes sold.
The average sales price in March 2020 increased 8.2% from $243,964 to $263,919 one year ago.
Annual trends show that single-family home sales came in at an annual rate of 3,319 in March. The annual rate was 3,317 last month. The annual rate of sales is 12.0% above the annual rate of 2,964 reported one year ago.
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 $268,929. This is 2.4% above the $262,738 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 three years.
Oh, come on.
Everyone knows how this is going to shake out when there’s no way to pay your mortgage.
“The average sales price in March 2020 increased 8.2% to $243,964 from $263,919 one year ago.”
I think you need to flip the numbers.