Pensacola Market Data For November 2007
November 30th, 2007 Categories: Pensacola Market Data
Residential Properties in
Escambia and Santa Rosa Counties
|
Month |
Active Listings On Market |
Listings Sold |
Average Sold Price |
Average DOM |
Expired/ Withdrawn Listings |
|
September 2007 |
6947 |
411 |
$204,000 |
127 |
723 |
|
October 2007 |
6823 |
342 |
$199,900 |
130 |
804 |
|
November 2007 |
6710 |
293 |
$185,600 |
132 |
687 |
Although the inventory of homes for sale in Pensacola has continuted to drop a little (Active Listings), the Pensacola real estate market is still a buyer’s market. Overall, this table shows that very little has changed in the past 3 months. The most prominent statistic is the Listings Sold. Only 293 listings sold last month is a not a good sign for the Pensacola real estate market.
What it is a sign of is that buyers are waiting to buy, but the deals are out there now. The interest rates are low and sellers are making generous concessions. Buyers? What are you waiting for?
– The table shows the monthly market data for Pensacola residential property.
– These numbers include only residential homes and condominiums in Escambia and
Santa Rosa Counties that are listed in the Pensacola MLS.
– They do not include vacant land or lots, mobile homes or manufactured homes.
– The numbers above are created using data from the Pensacola MLS and are
deemed reliable but not guaranteed
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