The Florida Association of Realtors Media Center has released the August Statewide Sales Report for August. It shows the Tallahassee Metro Area August sales of 156 single family homes was a 42% drop of last August sales; however, this is part of our normal annual cycle of sales. Last year's big drop of 37% was in September. So far it appears that sales in September will remain about the same as August. Our Median Sales Price dropped to $186,700 where it was in March and April of this year and this does not seem to be very significant as of this date. In September; however, it appears that the Median Price will continue its slide downward. On the bright side is the continued very gradual drop in Active homes for sale; which again is a usual trend for this time of year.
Don Pickett, Realtor, Coldwell Banker Hartung and Noblin, Inc. Tallahassee Real Estate N Data Services, 850-591-4725, donpick@aol.com Search the entire Tallahassee Area Real Estate Market.
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