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Pensacola Market Update - Year Over Year To Date '07 to '08

Pensacola Market Update - Well . . . the year over year housing numbers for Pensacola's housing market aren't encouraging (at least if you are a seller).

I've just run the stats on sold properties 1/1/07 to 4/25/07 compared to the same period for '08. These sales include homes, townhomes and condos in Pensacola (this does not include Pensacola Beach and outlying areas like Cantonment).

Year	# Sold	Avg. Price	Median Price	Days on Mkt	% Sold to List
2007	859	$191,193	$152,000	112	96.68%
2008	543	$147,404	$134,000	133	95.35%

While the slowdown in the numbers sold and lengthening days on the market were something to be expected, the precipitous drop in average price and median price was a bit of a surprise. Pensacola Market Update statistics were taken from the Multiple Listing Service of the Pensacola Association of Realtors.

Posted by Robin Sherman, CRS, Broker Associate Robin@PensacolaForYou.com on 04/25/2008 07:11 PM

Comments (3)

pensacola market update, pensacola real estate, pensacola fl, robin sherman

Originally posted at: Blog Northwest Florida : Pensacola Market Update - Year Over Year To Date '07 to '08

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3 Comments on Pensacola Market Update - Year Over Year To Date '07 to '08

APR

2008

Great review, sorry I missed the show. Maybe one of these weeks I can be home on a thurs night. Wow that woman knows how to look good in a dress!

APR

2008

amazingly eloquent review that barely scrqtches the surface of the real effect that the sound had on me.

if only it could be thursday every night

and if only that was the only

thanks

robin, thanks so much for the great press! i could use an agent, and I don't mean real estate! if things get really dismal, you can come be mine. love you!

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