Thu Jan 23 2020
This week the median list price for Pensacola, FL 32506 is $223,040 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has held steady at or around 70.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$223,040|
|Per Square Foot||$107|
|Days on Market||114|
|Slight Seller's Advantage|
We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$474,900||3,000||1 - 2.5 acres||4||3||28||2||1||164|
|$239,900||1,777||0.25 - 0.5 acre||3||2||13||2||1||140|
|$195,000||1,896||0.25 - 0.5 acre||3||2||46||2||4||76|
|$124,949||1,410||0.25 - 0.5 acre||3||2||61||3||3||77|