Hi All!
I wanted to pass on to you the 2008 Real Estate Market Statistics. It is important for you to know the Market Statistics for Tallahassee and Leon County Florida in 2008.
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| Statistics for: Class=RS,MF,CO,LL,RN AND Date Range=01/01/2008-12/31/2008 AND Area=04,01,02,03 AND Board=-1; As Of: 1/8/2009 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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As you can see the vast majority of Real Estate Sales in Tallahassee and Leon County are Residential in Nature. Of the Residential Sales 71% are Single Family Homes.
| Market Statistics All MLS | |||||||||||||||||||||||||||||||||
| Statistics for: Class=RS,MF,CO,LL,RN AND Type=DET AND Date Range=01/01/2008-12/31/2008 AND Area=04,01,02,03 AND Board=-1; As Of: 1/8/2009 | |||||||||||||||||||||||||||||||||
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In the last Blog the statistics indicated 37.47% of Single Family Homes Sold in the Tallahassee Board of Realtors MLS. The percentage for Tallahassee and Leon County is about the same at 37.81%. In comparison, 43.56% of the Single Family Homes sold in 2007. There was a drop of 5,77% in the average Sale Price of Single Family Homes in Tallahassee and Leon County in 2008 as compared to 2007.
In the next Blog, I will look at Single Family Home Sales in the NE (Northeast) of Tallahassee.
Let me know if you have any questions. Feel free to email chris@bsbipartners.com or call 850.545.9317
Until Next Time!
Chris
Christopher M. Chaback - 850.545.9317cell
Broker Associate, ABR, CRS
BSBI Partners - Buy Sell Build Invest...Real Estate at its BEST
"It's YOUR Real Estate - We take it PERSONALLY"
Website: http://www.bsbipartners.com/
Keller Williams Town & Country Realty 1520 Killearn Center Blvd. Suite 100 Tallahassee, FL 32309
850/201.4663 office 850/894.6240 fax
Hi All!
I hope everyone has had a wonderful Holiday Season and you all are having a great start to 2009.
I wanted to take an opportunity to start this year off with a look at 2008 and some numbers I think are important.
For those of you who do not know the Tallahassee Board of Realtors covers 5 counties in Northern Florida. Those Counties are Leon (Tallahassee), Wakulla (Crawfordville), Gadsden (Havana & Quincy), Jefferson (Monticello), and Franklin (Gulf Coast Area).
The following are the statistics for 2008 for all 5 Counties:
| Market Statistics All MLS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Statistics for: Class=RS,MF,CO,LL,RN AND Date Range=01/01/2008-12/31/2008 AND Board=-1; As Of: 1/8/2009 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Most folks are in the Market as Sellers or Buyer and are concerned with Single Family Homes, so we will focus on Single Family Homes. If you would like to discuss other property types feel free to contact me 850.545.9317 or chris@bsbipartners.com.
Tallahassee Board of Realtors Single Family Residential Listings Statistics for 2008:
| Market Statistics All MLS | |||||||||||||||||||||||||||||||||
| Statistics for: Class=RS,MF,CO,LL,RN AND Type=DET AND Date Range=01/01/2008-12/31/2008 AND Board=-1; As Of: 1/8/2009 | |||||||||||||||||||||||||||||||||
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Currently, there are 2763 Single Family Residential Listings on the Market. This number has been falling. It has been a while since I have seen this number under 3000.
As you can see just under 2468 Homes Sold in 2008 with an average Market time of 118 days, representing 37.47% of Homes Sold. There was a drop of 6.6% in Average Sale Price from 2007. to 2008.
I will take a look at Leon County in the next Blog.
Let me know if you have any questions. Feel free to email chris@bsbipartners.com or call 850.545.9317
Until Next Time!
Chris
Christopher M. Chaback - 850.545.9317cell
Broker Associate, ABR, CRS
BSBI Partners - Buy Sell Build Invest...Real Estate at its BEST
"It's YOUR Real Estate - We take it PERSONALLY"
Website: http://www.bsbipartners.com/
Keller Williams Town & Country Realty 1520 Killearn Center Blvd. Suite 100 Tallahassee, FL 32309
850/201.4663 office 850/894.6240 fax
Hi All,
It has been a while since I posted a Blog, and I apologize.
I hosted an Open House today in the Bull Run Subdivision in NE Tallahassee Florida.
I had between 15-20 groups come in between the hours of 12pm - 3pm. I am pretty sure this is an indication there are folks just like you and me who are interested in looking and are thinking about a Real Estate Purchase.
I was asked how our Local Real Estate Market is doing compared to 2007. So, I have done some research and here are the numbers from the Tallahassee Board of Realtors MLS. Since the Open House was in the popular NE, these number reflect the NE of Tallahassee.
Some of the popular subdivisions in the NE are Bull Run, Summerbrooke, Ox Bottom Manor, Golden Eagle, Piney Z, Killearn Lakes, Killearn Estates, Moore Pond, Rosehill, Highgrove, Lenox Mill, The Ravines, just to name a few.
Here are the numbers from the MLS for 2007 and 2008.
2007
Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
All | All | 1,115 | 421 | 37.76% | $320,259 | $311,089 | 97.14% | 93 | $377,002 | 7.53% |
| RS | All | 1,115 | 421 | 37.76% | $320,259 | $311,089 | 97.14% | 93 | $377,002 | 7.53% |
2008
| Class | Bedrooms | Total Listed | Num Sold | Pct Sold | Avg List Price Sold | Avg Sale Price Sold | Sale Price/List Price Ratio | Avg DOM Sold | Avg List Price Unsold | Pct Expired |
| All | All | 807 | 238 | 29.49% | $325,292 | $310,689 | 95.51% | 101 | $367,345 | 12.39% |
| RS | All | 807 | 238 | 29.49% | $325,292 | $310,689 | 95.51% | 101 | $367,345 | 12.39% |
These numbers are interesting. I am curious to see how the Second Quarter of 2008 compares to the Second Quarter of 2007.
I look forward to your question, comments, suggestions, and other noteworthy verbal utterances.
Until Next Time!
Chris
850.545.9317 chris@bsbipartners.com
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