Rick's Blog

Pensacola housing market continues to improve

Realtor.com reports today that the July 2012 real estate search results are in and Pensacola, FL was the #112 most searched market in the country this past month.

Median list prices for homes in Pensacola, FL hit $184,900 in July 2012, a 5.71% increase from one year ago this month, and -0.05% decrease from June 2012. The national median list price in July 2012 was $194,900, a 2.63% increase compared to July 2011.

Active for sale inventory of homes in Pensacola, FL in July 2012 leveled out at 3,424, a -22.93% decrease compared to July 2011. National inventory counts for July 2012 were 1,866,075, a -19.26% decrease as compared to a year ago.

The median age of inventory in Pensacola, FL in July was 109 days, a 2.83% increase compared to June 2012. Nationally, the median age of inventory was 84 days, a 4.76% increase compared to June.

For details on all 146 MSAs monitored by Realtor.com in July 2012, click here:

http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx

Each month, Realtor.com surveys up to 250 Metro Service Areas (MSA) throughout the nation and monitors real estate trends including consumer search behavior, median list prices on for sale homes, active inventory counts and median age of inventory. The information is released to local markets to help consumers and real estate professionals as they work together to successfully navigate their local market.

According to Realtor.com, the top 10 most searched real estate markets, identified as MSAs, in the United States in July 2012 include:

1 Chicago, IL
2 Detroit, MI
3 Los Angeles-Long Beach, CA
4 Philadelphia, PA
5 Dallas, TX
6 Atlanta, GA
7 Tampa-St. Petersburg-Clearwater, FL
8 Phoenix-Mesa, AZ
9 Orlando, FL
10 Boston-Wrcstr-Lwrnce-Lowll-Brcktn, MA

In addition, the top most searched real estate markets in Florida in July 2012, and the national searched rank included:

Tampa-St. Petersburg-Clearwater, FL #7
Orlando, FL #9
West Palm Beach-Boca Raton, FL #16
Fort Lauderdale, FL #19
Miami, FL #24
Sarasota-Bradenton, FL #40
Fort Myers-Cape Coral, FL #43
Jacksonville, FL #44
Melbourne-Titusville-Palm Bay, FL #51
Fort Pierce-Port St. Lucie, FL #55
Daytona Beach, FL #65
Lakeland-Winter Haven, FL #74
Naples, FL #77
Pensacola, FL #112
Tallahassee, FL #117
Ocala, FL #128
Gainesville, FL #134
Punta Gorda, FL #144

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