Pensacola Florida Real Estate Market - Historically speaking, Florida real estate has outperformed other investments, including most real estate investments elsewhere in the U.S. Want to know where the opportunities are now? 
Northwest Florida - the Emerald Coast - remains the most affordable area of the state. With the growth in the area military population (especially Eglin Air Force Base) and the recent positive regional economic news (Thyssen Krupp Steel plant and Northrop Grumman Tanker contract in Mobile, AL, I-10 Wired high tech initiative, etc.) Pensacola provides super opportunities for the homeowner and investor.
Median Home sales prices are down 9% in Pensacola - Feb. '07 to Feb. '08
Realtor Sales Median Sales Price
City or Town | Feb. ‘08 | Feb. ‘07 | % Change | Feb. ‘08 | Feb. ‘07 |
Pensacola | 242 | 297 | -19% | $148,600 | $163,800 |
Gainesville | 141 | 184 | -23% | $176,400 | $216,700 |
Jacksonville | 687 | 1,141 | -40% | $180,200 | $198,100 |
Sarasota-Bradenton | 608 | 672 | -10% | $254,200 | $319,000 |
Miami | 244 | 417 | -41% | $306,100 | $381,400 |
Statewide 8,310 11,132 -25% $198,900 $237,000
Pensacola Florida Real Estate Market information and figures source: FL Assoc. of Realtors and the University of FL Real Estate Research Center
