Here is the 2nd installment of our weekly sales report. For ease of use, I am going to use the same format for each report which will detail the total number of sales, the prices ranges of those sales, where those sales took place, and a few explanatory notes.
For the week of September 12th through September 18th, there were 39 residential sales in Leon County. Year-to-date, there have been an average of 45.5 sales per week, so 39 sales is as close to the average as we would expect to be at this time of year.
Of the 39 sales, 17 of those were over $200,000 with 10 of those 17 being over $300,000. Those figures are once again encouraging. 7 sales were under $100,000.
By quadrant, 16 sales were in the Northeast, 15 were in the Northwest, 7 were in the Southeast, and 1 was in the Southwest. The increase in the number of sales in the NW relative to other quadrants is good considering the slowdown in that area over the past several months. Hopefully, that trend will continue.
This week's average ($220,027) and median ($198,755) sale prices were both well above the yearly figures of $182,387 and $159,500, respectively.
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