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Pensacola Real Estate-Pensacola MLS Update!

Pensacola Real Estate on the east side, for January is being bought primarily by bargain hunters.

As you can see by the table below, the average sold price, so far this year for Pensacola MLS  areas  three and four,  of  127,300 is well  below the year end median price of 133,000 for the Pensacola Real Estate market as a whole.

Areas three and four in the Pensacola MLS includesthe entire eastern side of Pensacola, from downtown, north to intersate 10, and have some of the most desireable neighborhoods in Pensacola Real Estate

 Sold Property Analysis

Address List Price Sold Price DOM % Chg %SP/OLP SP/Sqft
7730 FITCH AVE $61,000 $56,500 57 7.4% 92.62% $55.12
1838 SAN DOLLAR CIR $32,000 $33,501 14 -4.7% 104.69% $23.76
5936 MONA LN, unit B $40,000 $40,000 9 0.0% 100.00% $46.30
3805 KINGSBERRY DR $72,100 $70,000 428 2.9% 56.45% $40.51
3565 RIDDICK DR $145,000 $145,000 64 0.0% 100.00% $87.77
4314 WHITELEAF CT $250,000 $225,000 107 10.0% 90.00% $98.60
4831 OLIVE RD, unit 3B $54,900 $55,000 209 -0.2% 64.71% $41.42
7547 SOUTHPOINTE PL $64,900 $65,000 707 -0.2% 65.07% $57.93
3045 DEL MONTE DR $94,900 $93,900 147 1.1% 96.90% $77.48
2520 BELLE CHRISTIANE CIR $269,900 $265,000 79 1.8% 98.18% $113.93
2206 INVERNESS DR $335,000 $320,000 1148 4.5% 80.00% $86.30
2299 SCENIC HWY, unit R12 $79,900 $70,000 188 12.4% 87.61% $69.03
14 HILLBROOK WAY $130,000 $115,000 151 11.5% 88.46% $52.27
903 TEXAR DR $59,900 $54,500 90 9.0% 90.98% $54.50
1721 BAARS ST $95,000 $85,000 21 10.5% 89.47% $69.16
2210 MAXWELL ST $379,900 $343,500 53 9.6% 90.42% $141.13
1207 8TH AVE $19,999 $14,500 106 27.5% 48.33% $14.50
534 ZARAGOSSA ST E, unit 7 $259,000 $240,000 10 7.3% 92.66% $170.58
Total Averages $135,744 $127,300 199 6.2% 86.88% $72

Also it is interesting to note the low average  price of 72$ per square foot for the homes sold so far.

There are a couple of notable exceptions. 2210 Maxwell Street sold for 141.13 dollars per square foot and 2520 Belle Christian that sold for 113.93 Per square foot.

The sale of 2210 Maxwell at a high price per foot is easy to explain as it is in the very desirable eastern most part of the  East Hill neighborhood.

Also the sale of 2520 Belle Christian for 113.93 per square foot also makes sense, as it is located in a secluded and very well maintained neighborhood that is very close to shopping and downtown activities.

Also both of these homes, although not new, seemed to have been updated nicely. And as usual the cliché’ ” location location location” brought the highest prices per square foot.

As for the rest of the current sales in east Pensacola For January 2012, eleven of the eighteen were below $100,000, and they were a mixed bag including several short sales and several foreclosures, with one property selling for a  very low 14.50 per square foot and another at 1838 san Dollar Circle selling for  23.76 per square foot which was a foreclosure, and a quick cash sale that closed in 15 days  and had only been on the market for a couple of weeks.

 To find out more about Pensacola Real Estate call Jim Holland at

850-206-6140 or e-mail [email protected]

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Pensacola Real Estate Market MLS Update

 

Pensacola Beach Pier

Pensacola Beach Pier

Here is a picture I took from the Pensacola Beach Pier last evening 01/10/2010.If you look close you will see a bunch of surfers waiting for the next wave

 Pensacola Beach Pier Sunset with Surfers 01/10/2011

 I just wanted to make a quick comment concerning  a current statistic from the Pensacola MLS.

Today as of January  11th 2012 the number of available residential listings in the Pensacola Real Estate Market stands at 3718.

Here is a statement concerning  Pensacola MLS  inventory  from the Pensacola Board of Realtors :

 

“Overall inventory fell 21%  from 4533 in January to 3603 in December

 

Distressed inventory was reduced by 25% , from 886 in January to 662 in December

 

Overall sales increased 15%, from 3988 in 2010 to 4604 in 2011

 

On average, distressed property sales accounted for nearly one third of all sales on a month to month basis”

Also you can click here for more Pensacola Real Estate statistics

Here are some statistics in the Pensacola Real Estate Market for December 2011-2006  you can see the big drop from last year 

Current Active Listings at Month End 3603 4469 4566 5364 6096 5828
Sales This Month 387 381 292 282 311 460
Median Sold Price $133,000 $139,900 $141,395 $149,900 $162,000 $164,900
Avg. Sold Price $161,368 $162,439 $170,082 $170,306 $229,441 $203,410
Avg. Days on Mkt 162 158 136 141 127 128

  Also you can see  the median price of a home in the Pensacola Real Estate market has,  continued to drop while the interest rates have stayed at historic lows ,near 4%, making home ownership in the Pensacola Real Estate market very affordable at this time  

 

 These numbers seem to me to be good news,as the number of availble homes is steadily decreasing, while sales are increasing.The average number of sales vs listings is hovering around a 10 months supply of inventory, which reminds me of the Pensacola Real Estate market around 2002 – 2003 at a time of modest but steady appreciation.     

It seems that, at least locally, we are finally getting to an equilbrium in the market and hopefully the stability we have been waiting for!

If you would like more information on any area of Pensacola Real Estate please give me a call   Jim Holland  850-206-6140

or e-mail me at    [email protected]

 

 

 

 

 
 
 
 
 
 

 

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Nature Trail Subdivision-Pensacola Real Estate

Pensacola Florida’s Nature Trail development is home to the finest builders in Northwest Florida Real Estate.

To see all homes in Pensacolas Nature Trail click this link

 For more information on Nature Trail in Pensacola click on this link

Classic Homes ,DR Horton, Paragon, Forrest,  KW, and other fine builders are building some of their  most  elegant and desirable  floor plans in this exclusive neighborhood.

 Classic Homes currently has a beautiful  2540 square foot 4/3  ready

Nature Trail Pensacola Classic Home

Nature Trail Pensacola Classic Home

To see these homes or any others in the Pensacola Real Estate market call Jim Holland At 850-206-6140

or e-mail me at [email protected]

This home has all the amenities you would neighborhhood as nice as Nature xpect in a Trail

 

Here is the MLS write up from Classic Homes Pensacola:

 

 BRICK, 4/3 PLUS STUDY, 4TH BEDROOM CAN BE 2ND. MASTER, GREAT ROOM WITH FIRE PLACE, FORMAL DINING ROOM, KITCHEN HAS STAINLESS STEEL APPLIANCES, WALL OVEN/SMOOTH COOKTOP, STAINED CABINETS, GRANITE COUNTER TOPS, MORNING AREA, MASTER BATH HAS EXTRA LARGE WALKIN CLOSET, SEPERATE SHOWER, DOUBLE VANITIES, WHIRLPOOL TUB, MASTER BEDROOM, 4TH BEDROOM AND 3RD. BATH OPENS TO A LG. COVERED REAR PORCH, TILE/CARPETED FLOORS, 3 CAR FINISHED GARAGE, COMES WITH HURRICANE PANELS, SPRINKLER SYSTEM.

Classic Homes has an excellent reputation for building some of the finest homes in the area and I have had the pleasure of showing  and selling  their homes in the Pensacola Real Esate Market for years.

You will find no disppointments in this house, and will enjoy living here for years to come.

 

Classic Homesis also building their popular Viscaya floor plan in Pensacolas Nature Trail. 

 It is a  2605 4/2 and has extraordinary curb appeal

 

Classic Home Nature Trail Pensacola

Classic Home Nature Trail Pensacola

 

 Here is the write up from Classic Homes:

 VISCAYA MODEL, 4/2.5, FORMAL LIVING AND DINING ROOMS, 4TH BEDROOM CAN BE OFFICE/STUDY, KITCHEN HAS STAINLESS STEEL APPLIANCES, WALLOVEN/SMOOTH TOP STOVE, GRANITE COUNTER TOPS KITCHEN/BATHS,BOSCH GAS APPLIANCES, STAINED CABINETS, MORNING AREA, LEISURE ROOM HAS HOP UP (TREY) CIELING, CORNER FIRE PLACE, LARGE MASTER SUITE, MASTER BATH HAS WHIRLPOOL TUB, SEPERATE SHOWER, HIS AND HER VANITIES, 2 WALKIN CLOSETS, LARGE COVERED LANI WITH ACCESS FROM MASTER BEDROOM, LIVING ROOM, AND LEISURE ROOM. TILED AND CARPET FLOORS, 3 CAR FINISHED GARAGE,gAS TANKLESS WATER HEATER, COMES WITH ARMOR HURRICANE PANELS, SPRINKLER SYSTEM, SODDED AND LANDSCAPED YARD, GATED COMMUNITY WITH CENTRAL CLUB HOUSE,W/COMMUNITY POOL, TENNIS COURTS, FITNESS CENTER, PLAY GROUND AREA, JOGGING TRAILS, ACRES AND ACRES OF PRISTINE WOODLANDS ARE BEING PRESERVED FOR THE ENVIRONMENT AND FOR USE AND ENJOYMENT. 

I have shown this floor plan many times and I promise you  will appreciate the way the open living area flows. 

I had not seen this elevation of this plan, but it looks great, and it fits right in to the rustic Nature Trail Pensacola  setting 

DR Horton Pensacola is building this big 4258 square foot 6 bedroom three bath in Pensacola’s Nature Trail

 

Pensacola Nature Trail D.R. Horton  Home

Pensacola Nature Trail D.R. Horton Home

 

Here is the write up from the Pensacola MLS 

Unbeliveable two story 4258sf 6/3.5 bath. When you enter this home you have a dining room one one side and a large study on the other. As you enter the family area, the ceiling is approximately 20′! Beautifule windows go all the up to the ceiling. Fireplace with built in book shelves on both side of fireplace. The family area is open to family room and breakfast room. Large kitchen with and island and walk in pantry. 1/2 bath off the kitchen. Wet bar that leads from kitchen to dining room. The Master is downstairs and there are 5 bedrooms and 2 baths upstairs along with a huge game/theatre room. Photos are of same floorplan in a different neighborhood. Pictures may be of similar, but not necessarily of subject property, including exterior and interior colors. 

  This home home has an asking price of 387,800

 

Nature Trail in northwest Pensacola, is only twenty minutes

From downtown Pensacola and thirty minutes from Pensacola Beach

 

I was also fortunate to sell a beautiful home built by KW in Nature Trail.

It is one of the nicest homes inside and out that I have ever sold.

 

Nature Trail Pensacola Real Estate

Nature Trail Pensacola Real Estate

 

Here is the Beautiful custom kitchen,one of the nicest I’ve seen

KW home in Pensacola’s Nature Trail

 

KW  in Pensacola's Nature Trail

KW in Pensacola's Nature Trail

Beautiful custom kitchen

Beautiful custom kitchen

 

Living Room In KW home in Nature Trail

Living Room In KW home in Nature Trail

Here are the active and pending listings in Pensacola’s Nature Trail as of January 2012

Property Summary
. Sta Street Address Bed Baths SqFt Year Built L Price S Price Sold Date DOM
1 A 5966 DAHOON DR 3 2 1,750 2011 $239,959 $0   310
2 A 5952 DAHOON DR 3 2 1,789 2011 $241,544 $0 177
3 A 5622 LOBELIA LN 4 3 2,582 2011 $266,900 $0 464
4 A 8824 MARSH ELDER DR 4 2 2,646 2010 $266,901 $0 161
5 A 8444 SALT GRASS DR 3 2 1,903 2007 $289,900 $0 289
6 A 8702 SALT GRASS DR 4 3 2,650 2010 $294,900 $0 266
7 A 8152 FOXTAIL LOOP 4 3 2,588 2011 $314,803 $0 177
8 A 8781 SALT GRASS DR 5 3 3,047 2011 $330,981 $0 35
9 A 5928 DAHOON DR 4 3 2,612 2011 $333,127 $0 177
10 A 8600 FOXTAIL LOOP 4 3 2,540 2010 $339,900 $0 612
11 A 8594 FOXTAIL LOOP 4 3 2,518 2008 $345,000 $0 28
12 A 8588 FOXTAIL LOOP 4 3 2,605 2011 $349,900 $0 262
13 A 8200 FOXTAIL LOOP 4 3 3,005 2011 $352,485 $0 177
14 A 8370 FOXTAIL LOOP 4 3 2,593 2011 $371,716 $0 177
15 A 8959 FOXTAIL LOOP 4 3 2,593 2011 $371,716 $0 177
16 A 8787 SALT GRASS DR 6 4 4,258 2011 $387,800 $0 48
17 A 8327 FOXTAIL LOOP 4 3 2,512 2008 $435,000 $0 212
18 A 5837 DAHOON DR 4 3 3,000 2007 $449,900 $0 1024
19 P 5539 SPOONFLOWER DR 3 2 1,830 2011 $189,900 $0 183
20 P 8829 MARSH ELDER DR 5 3 3,047 2011 $303,925 $0 270
21 P 8358 FOXTAIL LOOP 3 2 2,567 2011 $334,805 $0 0
22 P 8739 SPIDER LILY WAY 4 3 2,619 2011 $353,000 $0 293
23 P 8402 FOXTAIL LOOP 4 3 3,926 2011 $409,800 $0 0
24 P 5924 DAHOON DR 4 3 3,286 2011 $549,900 $

 

Here are links to other subdivisions in Northwest Pensacola Real Estate that you may be interested in.

Indian Lake

Soaring

Claridge Park

Bristol Park/Creek

Shepherds Grove

Crystal Creek

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Waterford Sound Subdivision, the best value in Gulf Breeze Florida Real Estate

D.R. Horton Pensacola is building a new neighborhood of affordable homes in Gulf Breeze Florida that is convenient to Hurlburt Field and Eglin Air Force Base.

Waterford Sound Gulf Breeze Florida

Waterford Sound Gulf Breeze Florida

Waterford sound is also close  to Pensacola Beach, Ft Walton Beach and the Destin Florida beaches as well as the beaches of South Walton county. So,

If you are looking for a Florida lifestyle at an affordable price. Waterford Sound may be the place for you.  

To See This neighborhood, or any homes in Northwest Florida Real Estate call Jim Holland at 850-206-6140

 

Waterford Sound Gulf Breeze Florida

Waterford Sound Gulf Breeze Florida

  

Waterford sound is selling fast, and D.R. Horton is building some of their most popular floor plans.

 

The Madeline is an 1830 square foot 4/2.

 

Here is the Pensacola MLS write up from DR Horton Pensacola:

 

      Our D.R. Horton Madeline Plan is one of the most well designed plans you will find. This Beautiful home can be built with either a 4th bedroom or as a 3 Bedroom/2 Bath with a Study. Kitchen is Large and Open with Black on Black GE Appliances, Beautiful Recessed Panel Maple Cabinets, Tile Flooring, Granite Countertops and a Welcoming Entertainment Bar overlooking the Dining and Family Room. Master Bedroom is Spacious and Elegant with Crown Molding and Trey Ceiling; Master Bath is Perfect w/ Granite Topped Raised Double Vanity, Tile Flooring, 4′ Separate Shower with Glass Door, Large Soaking Tub with Frosted Window above, Enclosed Elongated Toilet and Large Walk in Closet. Tile Flooring extends to all Wet Areas including the Guest Bath, Foyer and Laundry Room. Additional Features include: 5 1/4″ Base Molding, Upgraded Lighting, Orange Peel Walls with Knockdown Ceiling, Fabric Shield Hurricane Protection and Finished Garages complete with Automatic Garage Door Opener. At closing Buyer(s) receive a one year Builder warranty and a 10 year Structural Warranty. Seller will contribute up to $4,000. towards total closing cost, plus owner’s title policy, documentary stamps on the deed and survey fees when Buyer(s) obtains financing through Builders preferred Lender. “Subject to program limitations.”

 

As you can see, at the time of the writing of this post  D.R. Horton is offering very generous closing cost contributions.Most buyers who use a V.A. loan will need very little money to close.

 

 

Dr Horton is also building a very nice 1580 square foot 3/2 they call the Camelia plan.

 

1580  square Camelia

1580 square Camelia

Here is the write up on it from the Pensacola MLS:

 

 Our D.R. Horton Camelia plan is Fantastic with 3 Bedrooms and 2 Baths and Large Open Family Room with Eye Catching Boxed Trey Ceiling. Open Kitchen has Welcoming Breakfast Bar with Granite Countertops, Tile Flooring, Lots of Beautiful Recessed Panel Maple Cabinets, Black Appliances, Walk in Pantry and Huge Eat in Kitchen that opens to Covered Back Porch. Master Bedroom is Spacious and Elegant with Crown Molding and Boxed Trey Ceiling. Master Bath is Perfect with Tile Flooring, Raised Double Vanity, Separate Shower with Door, Relaxing Soaking Tub with Frosted Glass Window above, Enclosed Elongated Toilet and Walk in Closet. Additional Features include: Tile Flooring extends to all Wet Areas including Guest Bath, Foyer and Laundry Room, 5 1/4″ Base Molding, Orange Peel Walls with Knock-down Ceiling, Finished Garage (Painted with Base Molding and Knock down Ceiling) complete with Garage Door Opener, 2 Remote Controls and Fabric Shield Hurricane Protections for all Windows. At closing Buyers receive a one year Builder Warranty and a 10 year Structural Warranty. Seller will contribute up to $4,000.00 towards total closing cost, prepaids and buy downs, plus owner’s title policy, documentary stamps on the deed and survey fees, when Buyer(s) obtains financing through Builders preferred lender. “Subject to program limitations   

  

These homes are either built, or being built as of the time of this post.

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D.R. Horton Pensacola Said “Bring Us an Offer!” In Cottonwood Subdivision

 

DR Horton Cottonwood Wyngate

 

 

 

Here is some updated information on the Cottonwood Neighborhood.

DR Horton has sold the home that was the subject of this post and closed out their building in the subdivision.

However,they are building many of the same floor plans just minutes away in Winners Gait just west of Milton,and Ashley Plantation just north of Pace Florida

To See all DR Horton Listings CLICK HERE

For more information on Pensacola,  and  Pace Real Estate contact me here ,  or call me,  Jim Holland at 850-206-6140 

I just wanted to provide a quick news flash about an exceptional Pensacola real estate deal just  north of  Pace Florida, and just northwest of Milton Florida. Also, this location is just minutes from  NAS Whiting Field 

 

D.R. Horton Pensacola has reduced the price of one of their most desirable models in the exclusive neighborhood of Cottonwood.

Click the link  To see all Homes for Sale in Cottonwood

The 3134 square foot 4 bedroom 3 and ½  bath  with a bonus room over the garage Wyngate design is a  lot of house and today D.R. Horton Pensacola dropped the price to   $ 229,900.  Upstairs Bonus room

This home is beautiful, and ready to move into.

 Here is the description from  D.R. Horton  Pensacola 

 The Wyngate Your dream home is waiting! Enter this gated community & you’ll feel right at home! This amazing home offers granite counter tops throughout, beautiful tile in all the wet areas, crown molding in the foyer / dining room / master bedroom and warm inviting colors throughout. The yard is fully sodded with beautiful low maintence landscaping. The colonial interior doors give a sense of elegance throughout. This great neighborhood offers street lights & security of a gated community. Convienient to shopping, beaches, military bases & entertainment. Call today for your private showing. Photos are not of actual home but of another Wyngate in Cottonwood.

 Fantastic Granite counter tops

 

Cottonwood is a fantastic neighborhood of newer homes,near NAS Whiting field near Milton Florida

 This one is decked out and ready to move in to.

 D.R. Horton Pensacola said to bring them on offer!

 To see this home now, call Jim Holland at 850-206-6140.

 

Here is the updated sales data for Cottonwood in  Milton,Fl

for 2011  

Cumulative Analysis

Listing Category Lowest Price Highest Price Average Price Avg Price/Sqft
Sold $147,500 $319,791 $235,855 $83
Total Averages $147,500 $319,791 $235,855 $83

Sold Property Analysis

Address List Price Sold Price DOM % Chg %SP/OLP SP/Sqft
6033 PAIGE POINTE DR $145,900 $147,500 559 -1.1% 69.25% $73.24
5537 HEATHERTON RD $199,900 $199,000 116 0.5% 97.86% $85.70
5640 HEATHERTON RD $218,400 $209,000 102 4.3% 97.94% $89.97
5632 HEATHERTON RD $234,900 $225,000 33 4.2% 95.79% $73.99
5752 HEATHERTON RD $227,000 $227,000 119 0.0% 100.00% $76.53
5512 HEATHERTON RD $241,797 $235,000 29 2.8% 90.27% $75.39
5744 HEATHERTON RD $254,100 $241,763 421 4.9% 100.32% $93.20
5396 HEATHERTON RD $262,000 $262,000 83 0.0% 100.00% $83.60
5712 HEATHERTON RD $292,500 $292,500 30 0.0% 100.00% $82.37
5688 HEATHERTON RD $319,797 $319,791 191 0.0% 100.00% $95.55
Total Averages $239,629 $235,855 168 1.6% 95.59% $83

 

Property Summary

 

. Sta Street Address Bed Baths SqFt Year Built L Price S Price Sold Date DOM
1 S 6033 PAIGE POINTE DR 4 2 2,014 2005 $145,900 $147,500 06/07/2011 559
2 S 5537 HEATHERTON RD 4 3 2,322 2010 $199,900 $199,000 03/18/2011 116
3 S 5640 HEATHERTON RD 3 3 2,323 2010 $218,400 $209,000 03/11/2011 102
4 S 5632 HEATHERTON RD 5 3 3,041 2010 $234,900 $225,000 01/21/2011 33
5 S 5752 HEATHERTON RD 5 3 2,966 2011 $227,000 $227,000 07/02/2011 119
6 S 5512 HEATHERTON RD 4 4 3,117 2010 $241,797 $235,000 01/21/2011 29
7 S 5744 HEATHERTON RD 3 2 2,594 2011 $254,100 $241,763 10/20/2011 421
8 S 5396 HEATHERTON RD 4 4 3,134 2010 $262,000 $262,000 03/25/2011 83
9 S 5712 HEATHERTON RD 5 3 3,551 2011 $292,500 $292,500 08/31/2011 30
10 S 5688 HEATHERTON RD 5 4 3,347 2011 $319,797 $319,791 12/09/2011 191

 

©2012 Solid Earth, Inc. Active Maps

To see these homes, or any others in the Pensacola Real Estate market call Jim Holland at 850-206-6140  

 D.R. Horton Pensacola is also offering their 4258 Square foot 6 bedroom three and one half bath floorplan in Cottonwood for 279,900 

Pensacola Real Estate D.R. Horton 6 bedroom

Here are detailed directions to Cottonwood

 

~~ From the heart of Milton – or Crestview, Take Hwy 90 West, Go North on Stewart St (SR 87), then LEFT (West) on Berryhill Rd go approx 3.5 miles, turn RIGHT (North) on Anderson Ln go about a 1/2 mile and COTTONWOOD will be on your right. *** From Pensacola take Hwy 90 into Pace go LEFT (North) on West Spencerfield Rd, by the Hardees & Winn Dixie, proceed all the way to Berryhill Rd(approx 3 miles); turn RIGHT (East) on Berryhill Rd, go 3 miles and turn LEFT (North) on Anderson Ln, at the light, go about a 1/2 mile and Cottonwood will be on the right. */*/*/* Or Take I-10 East across the bay and take Avalon Blvd Exit, go North to Hwy 90 turn RIGHT (East); go one mile then turn LEFT (North) on Glover Ln, pass Hamilton Bridge Rd and then turn LEFT on Berryhill Rd, then RIGHT on Anderson Ln

 

For links to DR Horton Pensacola subdivisions click below

Nature Trail

Indian Lake

Soaring

Claridge Park

Shepheards Grove

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