Long time readers of the Tallahassee Real Estate Blog know that I produce charts, graphs, and analysis of our local housing market, and most of those reports show information relating to what is selling.

But every month I also produce a Tallahassee Homes Supply and Demand Report, as it shows the relationship between what has been selling versus what is available at the time of the report.

Today's post shows some of the interesting trends occurring with the current inventory of homes for sale in Tallahassee.

Inventory Status For The Tallahassee Homes Market

There are three different status levels that at which homes can be listed. For example, the home is either "For Sale" or "Pending" or "Contingent." The latter two means the seller has executed a contract with a buyer, whereas the former means no contract exists for the property.

Inventory Status Tallahassee Homes Market

The two major trends that I see occurring are the decline in "For Sale" inventory and the decline in "Contingent" inventory. While the contingent inventory is up 22% over December of last year, it has been falling off since the summer peak. Could this be a sign of short sales clearing at faster levels? Time will tell.

Monitor The Tallahassee Homes Market

Tallahassee Homes Inventory ReportYou can download our monthly Tallahassee Homes Inventory Report (click image at left) to stay up to date on the relative supply of homes for sale in Tallahassee.

Our report segments the market by area and price range, then shows just how much competition there is for homeowners in each category.

It is important to understand the difference between real supply and relative supply to truly reveal current home value trends.

This is a "must have" report for somebody who is thinking of selling a home in Tallahassee or someone preparing to write an offer on a home here as well.

If you are thinking about making a move to or from the Tallahassee homes market, just drop me a note and we can schedule a time to help you build a winning strategy.

Joe Manausa, MBA
Century 21 Manausa & Associates

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9 Comments on Tell Me You're Not Selling A Home Without This Report!

DEC
05
121,948 Points 6 Featured Posts Outside Blog

Essential information, good resource!
6:22am • #1
661,536 Points 108 Featured Posts Outside Blog Called Shot Master

Thanks Randy, I like to keep a copy handy.
6:23am • #2
493,407 Points 12 Featured Posts Attended Rain Camp Called Shot Master

Joe, Tallahassee buyers need to be ready to purchase when they see the house they want to purchase.
6:24am • #3
104,548 Points 1 Featured Post

Good Job Joe. Way to highlight the advantage of using A REALTOR. Keep up the good work.
6:41am • #4
661,536 Points 108 Featured Posts Outside Blog Called Shot Master

They sure do Sharon, thank you.
6:45am • #5
661,536 Points 108 Featured Posts Outside Blog Called Shot Master

Thanks Steve. Why some go it alone ... who knows.
6:45am • #6
1,441,707 Points 43 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

That "contingent" part is mostly associated with short sales waiting on approvals. .it seems to be in decline alongside your new inventory
7:21am • #7
661,536 Points 108 Featured Posts Outside Blog Called Shot Master

I would think you're right Fernando. I'll be curious to see if they diverge when the spring market comes around.
7:31am • #8
401,245 Points 1 Featured Post Called Shot Master

Joe, years ago we never would have thought to watch this trending so closely.  What's sold and what's available were the only questions we needed answered. 
9:50am • #9


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Joe Manausa - Tallahassee Real Estate (Century 21 Manausa and Associates) Rainmaker_large

Joe Manausa - Tallahassee Real Estate

Tallahassee, FL

More about me…

Century 21 Manausa and Associates

Address: 1140 Capital Circle SE #12A, Tallahassee, FL, 32301

Office Phone: (850) 386-2001

Cell Phone: (850) 508-1544

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