Terry Gaston

Pensacola, FL 32502

Single-Family Homes

Coastal Realty Experts



Pensacola, FL 32502

Thu Nov 14 2019
This week the median list price for Pensacola, FL 32502 is $254,900 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 35. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Pensacola, FL 32502

Thu Nov 14 2019
This week the median list price for Pensacola, FL 32502 is $254,900 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 35. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Pensacola market.
Median List Price $254,900
Per Square Foot $189
Days on Market 116
Price Decreased 14%
Price Increased 3%
Relisted 3%
Inventory 35
Median Rent $1,595
Most Expensive $799,900
Least Expensive $124,999
Market Action 31
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
$599,000 2,486 4,500 - 6,500 sqft 3 3 37 0 1 89
$289,000 1,461 4,500 - 6,500 sqft 3 2 0 0 1 147
$219,900 1,162 4,500 - 6,500 sqft 2 2 0 1 2 130
$169,900 1,310 4,500 - 6,500 sqft 3 1 59 1 1 94