Sales of existing single-family homes in Leon county were up 24.4% when compared to numbers sold in the same month one year ago. There were 254 single-family home resales in March 2020 and 316 resales in March 2021. Last month there were 234 existing single-family homes sold.
The average sales price in March 2021 increased 22.4% from $263,919 last year to $323,029.
Annual trends show that single-family home sales came in at a rate of 3,455 in March, 2021. The March 2021 annual rate of sales is 4.1% above the annual rate of 3,319 reported one year ago. The annual rate of sales last month was 3,393.
![](https://i1.wp.com/tallahasseereports.com/wp-content/uploads/2021/04/RealEstateReport.png?resize=458%2C154&ssl=1)
The average price of homes sold over the last twelve months in Leon county was $294,926. This is 9.7% above the $268,928 sales price reported one year ago.
The chart below shows the annual rate of single family sales in Leon county over the last 36 months.
![](https://i1.wp.com/tallahasseereports.com/wp-content/uploads/2021/04/RealEstateSalesGraph.png?resize=674%2C442&ssl=1)
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.
![](https://i0.wp.com/tallahasseereports.com/wp-content/uploads/2021/04/RealEstatePriceGraph.png?resize=692%2C441&ssl=1)
Real Estate speculation and panic-buying is exactly what leads to overpriced housing and unsustainable speculation-based spending. It also pushes the workforce out of the purchase and/or rental market… thus leading to the decades-long bloviation about – and subsequent wasteful spending on – “affordable” and/or “workforce” housing programs.
… and thus we head around the mountain again…