FINALLY TALLAHASSEE HOUSING MARKET MAKING BIG STRIDES
This blog is designed to deliver periodic reports on various sectors of the real estate market in Tallahassee and Leon County, Florida. I will be posting analysis of property types, areas, subdivisions, home styles, sale prices and trends and examining aspects of our market using data derived from the Tallahassee Board of Realtors Multiple Listing Services, Leon County Records, Florida Association of Realtors and generally reporting all sorts of great information. Sign up to receive notifications and be the first in the know in Tallahassee Real Estate. You can opt out anytime. Feel free to register here to ask a question, or leave a comment. And please share as much as you can using my social posts and channels.
LEON COUNTY SALES UP 12% OVER 2014
Here is a graph showing sales of single family homes, townhomes and condominiums from 2007 through 2015. As you can see the market has come back in many ways and has eclipsed 2007 sales velocity and with continued low interest rates I expect 2016 will be a great year and possibly outpace 2005, our best year in decades here in Tallahassee. This year Realtors sold 12% more Tallahassee-Leon County homes, townhomes and condos combined than last year.
GET IN WHILE THE PRICES ARE STILL ATTRACTIVE
There are plenty of fantastic buys in the market in every price range. For sellers that have been waiting for values come back, by all accounts 2016 should be an exciting year with another bump of solid, hard earned equity. With more than 350,000 people moving to Florida in 2015, I expect a modest increase in demand in 2016 for all that we have to offer in Florida’s Capital city.