Terry Gaston

Pensacola, FL 32502

Single-Family Homes

Coastal Realty Experts



Pensacola, FL 32502

Sun Aug 18 2019
This week the median list price for Pensacola, FL 32502 is $254,900 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has held steady at or around 37. 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 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

Sun Aug 18 2019
This week the median list price for Pensacola, FL 32502 is $254,900 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has held steady at or around 37. 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 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 $254,900
Per Square Foot $184
Days on Market 84
Price Decreased 30%
Price Increased 5%
Relisted 0%
Inventory 37
Median House Rent $1,050
Most Expensive $1,100,000
Least Expensive $124,999
Market Action Index
Slight Seller's Advantage
31

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
$595,000 2,160 6,500 - 8,000 sqft 3 2 14 0 2 128
$259,900 1,461 0 - 4,500 sqft 3 2 0 1 0 42
$219,900 1,162 - 2 2 0 0 0 41
$174,450 1,206 4,500 - 6,500 sqft 3 1 39 0 3 120