Tuesday, March 22, 2011

Is the current Real Estate Market HOT?

Some current statistics for the Pensacola, FL area real estate market:

286 sold in February with 149 average days on Market at 93% list price ~ median Price $128,250

209 sold to date in March with 379 Pending 580 Contingent. 161 average days on market at 94% list price ~ with a median price $131,500

Our team has personally seen a tremendous pick-up in activity in our real estate market! It seems many are sensing the urgency to buy while the prices are low as well as the interest rates!

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