Terry Gaston

Pensacola, FL 32502

Single-Family Homes

Coastal Realty Experts



Pensacola, FL 32502

Thu Jan 23 2020
This week the median list price for Pensacola, FL 32502 is $224,900 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 27. 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 been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Pensacola, FL 32502

Thu Jan 23 2020
This week the median list price for Pensacola, FL 32502 is $224,900 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 27. 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 been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Pensacola market.
Median List Price $224,900
Per Square Foot $181
Days on Market 134
Price Decreased 26%
Price Increased 19%
Relisted 7%
Inventory 27
Median Rent $2,375
Most Expensive $1,750,000
Least Expensive $119,900
Market Action 35
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$694,500 2,494 6,500 - 8,000 sqft 4 3 17 0 0 122
$289,000 1,461 4,500 - 6,500 sqft 3 2 1 1 1 135
$219,000 1,214 0 - 4,500 sqft 3 2 1 0 0 165
$199,900 1,312 4,500 - 6,500 sqft 3 2 69 2 1 113