Bottom Reached In Tallahassee Housing Market

Oh how I’ve longed to write this article. We have been tracking the daily movements in the Tallahassee real estate market for well over 2 years now, and reporting our findings at The Market Bulletin twice per week since March of 2008. Early on, we discovered that we could track the trend of daily buyer activity (365 days worth of homes sold in Tallahassee) in order to be able to see when the direction of the market changed.

Tallahassee Sees Number Of Home Sales Rising

The following real estate graph is the unofficial tracking of daily buyer activity in Tallahassee. It is created using information from the Tallahassee Board of REALTORS® Multiple Listing Service (Tallahassee MLS) and looks at all the non-duplicate sales over the past 365 days, and recorded each day.

The “official” report that we will use to actually “call” the bottom of the housing market in Tallahassee will come out in another ten days. While the information above is timely and accurate, it only measures the home sales in Tallahassee that were recorded in the Tallahassee MLS, while our much more comprehensive report will include all sales in the Tallahassee real estate market.

You can monitor market activity at any time by visiting The Market Bulletin. I keep this site as a tab on my short-cuts bar in my web browser, because it is the most timely information that can be viewed on housing in Tallahassee.

Is Housing Market Bottom Call Premature?

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