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Pensacola Real Estate Weekly Market Update – Feb 2, 2008

Weekly Update For Residential Listings 
In Escambia and Santa Rosa Counties

  Pensacola Real Estate Weekly Market Update

Weekly Market Update 2-2-08

The data in the table show Pensacola real estate sales very slow to start off the year, but we saw a nice spike last week, up to 100 sales in the week. While this is a good sign, I did also note that 13 of the 100 homes sold were foreclosures. Total active listings have fallen a little, probably because of the increase in sold homes and expired listings.  We are in a strong buyer’s market, but the buyers do not seem ready to come out and take advantage of the great deals available. Not yet anyway.

 

- The table shows the weekly 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 or Pensacola FSBOs.
- The numbers above are created using data from the Pensacola MLS and are deemed reliable but not guaranteed

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  1. Cyndee Haydon

    Karl – thanks for the update – hope your spike turns into a trend :-)

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