General April 22, 2023

The collapse of our real estate market ????

Of course in compare with last year (by Pensacola Association of Realtors data)

Closed Sales decreased by 16% ,

though inventory increased by 154%, which should be of interest to out-of-state 

buyers who are still looking to invest their money in Florida real estate.

And the median Sales Price  increased by 1.6% compared to last year, which was 

pretty good for the Pensacola area.

Developers continue to build new communities and Pensacola becomes more attractive 

not only due to the white sand beaches and Southern  traditions, but because 

of affordable real estate prices.  So if you’re thinking about it, let’s just chat

 

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