Terry Gaston

Pensacola, FL 32507

Single-Family Homes

Coastal Realty Experts



Pensacola, FL 32507

Tue Oct 15 2019
This week the median list price for Pensacola, FL 32507 is $315,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 129. Click here to stay informed with the Pensacola market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Pensacola, FL 32507

Tue Oct 15 2019
This week the median list price for Pensacola, FL 32507 is $315,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 129. Click here to stay informed with the Pensacola market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Pensacola market.
Median List Price $315,000
Per Square Foot $144
Days on Market 137
Price Decreased 33%
Price Increased 5%
Relisted 12%
Inventory 129
Median House Rent $1,095
Most Expensive $4,490,000
Least Expensive $55,500
Market Action Index
Slight Seller's Advantage
38

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$907,500 3,122 0.25 - 0.5 acre 4 4 12 2 3 252
$416,500 2,763 8,000 - 10,000 sqft 4 2 13 3 6 117
$247,450 2,084 0.25 - 0.5 acre 3 2 21 5 9 83
$169,000 1,512 0.25 - 0.5 acre 3 2 44 5 7 96