MAY 2020 MARKET REPORT FOR PENSACOLA FL AREA
Dated: June 17 2020
MAY 2020 MARKET REPORT FOR Pensacola FL AREA.
The number of Active properties for sale continues a downward trend. From 2,324 actives in May 2019 to only 1,573 actives in May 2020. Looking at the number of properties sold in May 2019 - 1,029 or 45% of the May Actives dropped to 781 or 50% of the actives in May 2020.
The Supply of Active Properties is at a 13 year low. Deman is still close to 13 year high. The Days on the Market is at a 13 year low. If the Coronavirus and Riots do not get worse it is very likely to see prices go up in the near term.
After retiring from the USMC Gordon continued his passion for serving others through his real estate business. Gordon Dey was Broker/Owner and Coach of some of the best agents in Florida. Gordon Dey w....
Latest Blog Posts
7005 Bushnell St Bagdad Home for Sale in Historic District.7005 Bushnell St, Bagdad, FLGet Directions Click HereDescriptionPhotosMaps & LocalSchoolsPrintReviews$ Click for current price 3