Pensacola Market Home Sales Data

The Pensacola Florida residential real estate market has undergone many changes over the past nineteen years. One of the best ways to understand what has happened and where we are today is to analyze monthly home sales data and trends illustrated by the resulting charts.

July 2026 Real Estate Sales Summary:

Sales in the Greater Pensacola and beach areas of condos and homes have come off of record highs of 2022, as seen in the monthly listing sales from the Pensacola MLS on the chart below.

Cash buyers now makeup 22% of all real estate sales in our market. This is up from last month at 20%.

There were 883 residential sales this July verses 777 sales in July 2025.

List-to-Sold Price Difference: -2.6% in July, compared to last month at -2.3%.

The inventory of homes and condos has increased in July to 3271 units. The average residential price this month is $394,548 and the Average Days on The Market is 61.

The real estate market is leveling off, as the number of total sales is up compared to last year at this time. The current market is now considered a weak "seller's market" with 3.5 months inventory, favoring sellers.

Recently Sold Homes in Pensacola

See detailed information about the most recently sold homes in Pensacola and Pensacola Beach to understand best what today's real estate market is doing. By looking at the charts below, you can see historically what the market here is doing. You can see recently sold prices, you can see what is happening right now.

Real Estate Market Trends:

The chart below represents monthly sales of residential homes January 2006 through July 2026 Pensacola real estate. The horizontal axis is the month, and the vertical axis is the number of monthly home sales.

The current sales have recently slowed in Pensacola and more like a "normal" market where people are buying and selling homes in the Pensacola area at levels that are now considered a "Neutral Market".

The chart above is the change in year-over-year residential unit sales per month. The number of unit sales has increased 13.6% in July 2026 compared to July 2025.

There are good real estate values available on a case-by-case basis, but overall prices are unchanged compared to last year. Good values still sell quickly while overpriced properties can stay on the market for several months.

During a period of normal Market Conditions, people buy and sell for reasons such as; job transfers, upsizing, downsizing and new home buyers entering the market for the first time. During this period, there are more investors that are looking for and finding values.

The Pensacola July monthly residential average sales price increased to $395,548 from $410,218 in June.

The average appreciation in the Greater Pensacola area. The Pensacola monthly average residential property sales price is up 0.4% year-over-year and month-over-month -3.8%. The overall average price appreciation rate over the past five years is 3.5%/year.

The inventory of listed homes in the greater Pensacola and Destin markets in a "Neutral Market." The current inventory of available homes and condos for sale ia up in July to 3,271 from 3,243 residential units in June with the Pensacola MLS.

The number of months inventory is a good indicator of the current real estate market condition, that is, is it a buyer's, seller's, or neutral real estate market. Under four months is considered to be a seller's market. The July number of months inventory is 3.7 months, a weak "Seller's Market". The number of months is the time it would take to sell the current inventory of real estate listings.

The chart above provides information regarding how long homes take to sell on average; this measurement is referred to as "number of days on the market." The smaller the number means homes are selling quickly. The days on the market for July 2026 is 61 days.

Real Estate Sales by Property Type and Year for 1999-2025

Residential Real Estate Sales by Year

The chart above presents annual residential sales from 1999-2025 from the Pensacola MLS. As you can see, 2021 was an extraordinary year exceeding 2025 in sales.

Condominium Sales by Year

The chart above presents annual condo sales from 1999-2025 from the Pensacola MLS. 2021 was an exceptional year for condo sales as well in the Pensacola area. The average number of sales since 2013 has been near 600 units. In 2021, 828 units blew this average away. In 2025 there were 446 units sold.

Condominium Market Reports

Take the time to see everything these detailed real estate reports can provide to property buyers and sellers alike.

Pensacola Beach Condo Market Reports -|- Perdido Key Condo Market Reports