Terry Gaston

Pensacola, FL 32504

Single-Family Homes

Coastal Realty Experts



Pensacola, FL 32504

Thu Jan 23 2020
This week the median list price for Pensacola, FL 32504 is $235,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 49. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 32504

Thu Jan 23 2020
This week the median list price for Pensacola, FL 32504 is $235,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 49. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 $235,000
Per Square Foot $125
Days on Market 115
Price Decreased 53%
Price Increased 0%
Relisted 6%
Inventory 49
Median Rent $1,200
Most Expensive $1,365,000
Least Expensive $119,000
Market Action 39
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$472,450 3,538 0.25 - 0.5 acre 4 3 31 0 2 172
$287,700 2,233 0.25 - 0.5 acre 3 2 43 2 0 140
$226,700 1,745 0.25 - 0.5 acre 3 2 45 4 2 60
$149,000 1,300 0.25 - 0.5 acre 3 2 49 3 1 91