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.
![](https://i1.wp.com/tallahasseereports.com/wp-content/uploads/2020/04/HomeSalesReport-1.jpg?resize=643%2C190)
The chart below shows the annual rate of single family sales in Leon county over the last 36 months.
![](https://i0.wp.com/tallahasseereports.com/wp-content/uploads/2020/04/HomeSalesChart.jpg?resize=696%2C458)
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.
![](https://i0.wp.com/tallahasseereports.com/wp-content/uploads/2020/04/HomePriceChart.jpg?resize=698%2C455)
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.