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Pensacola Real Estate Market Data for Week Ending March 22, 2008

Weekly Update For Residential Listings 
In Escambia and Santa Rosa Counties

Pensacola Real Estate Market UpdatePensacola Real Estate Market Update

Welcome to this week’s weekly Pensacola real estate market report. Pensacola home sales are remaining on the low end. The biggest change to note this past week is the decrease in the average and median home prices. These are the lowest values that I have seen since I started reporting Pensacola real estate market statistics back in October of 2007. This shows that the lower end homes are selling better than the higher end homes.  That is not a big surprise in this market.  I’ll keep posting the weekly reports to keep tabs on the direction the real estate market is moving.     

– 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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