Existing-home sales ascended in February, according to the National Association of REALTORS®. For both monthly and year-over-year sales, two major U.S. regions experienced growth, one region remained stable and the other registered a decline. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – progressed 4.2% from January to a seasonally adjusted […]
The latest employment report shows that the number of jobs in Leon County increased in January when compared to December. There were 161,025 people working in Leon County in January compared to December’s revised employment number of 160,374, an increase of 651 jobs. The January unemployment rate came in at 3.7%, up from the 3.3% […]
The Leading Metro Locations report, published by the Area Development magazine, has highlighted the Tallahassee Metropolitan Statistical Area (MSA) for continued economic strength and competitiveness. This is the second consecutive year the report has recognized the Tallahassee area economy. The 2024 report ranked the Tallahassee MSA #2 in the South Atlantic Region – comprised of […]
According to information tabulated by Leon County’s Office of Economic Vitality (OEV), the number of single-family home sales in the Tallahassee MSA was up 10.1% in January 2025 when compared to January 2024. The Tallahassee MSA includes Leon, Wakulla, Jefferson and Gadsden counties. There were 207 sales in January 2025, up from 188 sales one […]
Capital City Bank recently announced a newly created executive role of chief banking officer, providing comprehensive oversight of the lending and deposit functions of the Bank with a strategic focus on growth, efficiency and operational cohesion. The position has been filled by Ramsay Sims, a tenured member of the Company’s senior leadership team who brings […]
According to filings with Leon County and the City of Tallahassee, the number of single-family new construction permits were down 9.2% in January 2025 when compared to January 2024. There were 59 permits issued in January 2025, down six from the 65 permits issued one year ago. There were 29 permits issued last month. The value of […]
The latest employment report shows that the number of jobs in Leon County fell in December when compared to November. There were 157,699 people working in Leon County in December compared to November’s revised employment number of 158,184, a decline of 485 jobs. The December unemployment rate came in at 3.2%, down from the 3.7% […]
According to annual data published by Leon County and the City of Tallahassee, single-family residential construction permits issued in Leon County were down 25.5% in 2024 when compared to 2023. There were 517 SFR construction permits issued in 2024, down 175 permits from the 692 issued in 2023. The chart below shows that since 2021, […]
Despite challenging circumstances related to air carriers, the Tallahassee International Airport reported a 12.9% growth in passenger traffic in 2024 when compared to 2023. There were 965,921 passengers in 2024, an increase of approximately 110,000 passengers over the 2023 count of 855,568. This increase comes despite losing the service of JetBlue in 2024. The latest […]
According to filings with Leon County and the City of Tallahassee, the number of single-family new construction permits were down 14.7% in December 2024 when compared to December 2023. There were 29 permits issued in December 2024, down five from the 34 permits issued one year ago. There were 33 permits issued last month. The value of […]