Terry Gaston

Pensacola, FL 32514

Single-Family Homes

Coastal Realty Experts



Pensacola, FL 32514

Wed Jul 17 2019
This week the median list price for Pensacola, FL 32514 is $220,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 86. 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

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 32514

Wed Jul 17 2019
This week the median list price for Pensacola, FL 32514 is $220,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 86. 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

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 $220,000
Per Square Foot $117
Days on Market 117
Price Decreased 38%
Price Increased 6%
Relisted 3%
Inventory 86
Median House Rent $1,038
Most Expensive $1,799,000
Least Expensive $49,900
Market Action Index
Slight Seller's Advantage
44

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
$599,900 3,566 0.5 - 1 acre 4 3 20 3 1 202
$259,900 2,500 0.25 - 0.5 acre 4 2 24 4 2 71
$192,250 1,846 0.25 - 0.5 acre 3 2 32 3 3 72
$143,000 1,317 8,000 - 10,000 sqft 3 2 47 4 2 126