Terry Gaston

Pensacola, FL 32503

Single-Family Homes

Coastal Realty Experts



Pensacola, FL 32503

Tue Oct 15 2019
This week the median list price for Pensacola, FL 32503 is $299,950 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 118. 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 32503

Tue Oct 15 2019
This week the median list price for Pensacola, FL 32503 is $299,950 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 118. 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 $299,950
Per Square Foot $149
Days on Market 112
Price Decreased 55%
Price Increased 1%
Relisted 6%
Inventory 118
Median House Rent $1,343
Most Expensive $4,399,000
Least Expensive $35,000
Market Action Index
Slight Seller's Advantage
37

Prices in this zip code seem to have settled around a 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
$569,000 3,180 0.25 - 0.5 acre 4 3 49 2 2 118
$369,000 2,106 0.25 - 0.5 acre 4 3 54 0 0 119
$252,450 1,641 0.25 - 0.5 acre 3 2 62 3 6 146
$119,950 1,286 8,000 - 10,000 sqft 3 2 63 7 6 62