Terry Gaston

Pensacola, FL 32504

Single-Family Homes

Coastal Realty Experts



Pensacola, FL 32504

Sat Aug 17 2019
This week the median list price for Pensacola, FL 32504 is $246,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 52. Click here to stay informed with the Pensacola market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Pensacola, FL 32504

Sat Aug 17 2019
This week the median list price for Pensacola, FL 32504 is $246,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 52. Click here to stay informed with the Pensacola market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Pensacola market.
Median List Price $246,000
Per Square Foot $123
Days on Market 80
Price Decreased 46%
Price Increased 0%
Relisted 2%
Inventory 52
Median House Rent $1,000
Most Expensive $1,365,000
Least Expensive $128,000
Market Action Index
Slight Seller's Advantage
43

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly 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
$445,000 3,688 0.25 - 0.5 acre 4 3 31 0 0 134
$322,222 2,439 0.25 - 0.5 acre 4 2 33 2 2 66
$215,900 1,860 0.25 - 0.5 acre 3 2 48 0 2 46
$159,000 1,519 0.25 - 0.5 acre 3 2 51 2 4 75