Facebook Twitter WhatsApp SMS Email Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save What does it mean for Tallahassee luxury-home buyers and sellers when more million-dollar homes are selling but taking longer to sell? TALLAHASSEE, Fla., Aug. 19, 2026 / PRZen / Tallahassee recorded 34 closed sales of homes priced at $1 million and above from January through July 2026, compared with 30 during the same period in 2025. Median days on market increased to 91 days from 38 days, showing that more million-dollar homes closed even as the typical selling timeline among those closed sales lengthened substantially.Tallahassee's million-dollar housing market recorded more closed sales, a higher median sale price and greater closed dollar volume during the first seven months of 2026 compared with the same period last year, according to a Tallahassee Board of Realtors supplied MLS export reviewed by Debbie Kirkland, Broker at Century 21 First Story Real Estate.From January through July 2026, the median sale price among $1 million-plus closed sales was $1,366,563, compared with $1,200,000 a year earlier. Closed dollar volume was $54,972,125, compared with $42,453,827.The median sale-to-list ratio was 98.4% in 2026 versus 97.1% in 2025."More million-dollar homes have closed in Tallahassee so far this year, but the longer median selling time is an important part of the story for buyers and sellers," Kirkland…
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