July Residential Real Estate Re-Sales Continue Double-Digit Growth

Source: Tallahassee Report — 

Sales of existing single-family homes in Leon county were up 24.3% when compared to numbers sold in the same month one year ago. There were 317 single-family home resales in July 2020 and 394 resales in July 2021. Last month there were 396 existing single-family homes sold.

The average sales price in July 2021 increased 15.4% to $323,209. Last July the average sales price was $279,975.

Annual trends show that single-family home sales transactions came in at a rate of 3,724 in July, 2021. The Jule 2021 annual rate of sales is 18.0% above the annual rate of 3,157 reported one year ago. The annual rate of sales last month was 3,647.