Tracking daily home sales is one of the easiest ways to get a clear understanding of the current demand trend in your local housing market. For many markets, like the Tallahassee real estate market, are still seeing the demand trend decline. With some great stimulus plans in place, as well as some others that have been proposed, we are hoping to see the demand trend turn positive by the end of the year.
Below is a real estate graph depicting the 365 day trend of daily home sales in Tallahassee going back to 1991. What this means is that each point on the graph represents one full year of sales (divided by 365 days) to generate a non-seasonal daily average.
Daily Home Sales In Tallahassee Continue To Decline
What this graph shows is that just since December, our daily sales rate has dropped 25%! Ouch. But what if we look at a longer-term view of this same information. What if we graph daily sales all the way back to 1991?
Click To See Average Daily Home Sales Back To 1991
