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Gulf Breeze Home Sales Slow But Prices Up

Gulf Breeze Home Sales . . . Things aren't always as they seem.  A look at the actual numbers can sometimes be surprising. The following sales figures are from the Pensacola Association of Realtors Multiple Listing Service. Here are the figures:  

                                

Year

# Sold

Avg. Price

Median Price

Days on Mkt

Sold to List Price

2007

102

$247,371

$207,500

152

92.65%

2008

84

$280,410

$224,500

175

94.41%

 

While sales of homes, townhomes and condos in Gulf Breeze have slowed for the period Jan. 1 to April 23, compared to the same period a year ago sales prices are actually significantly higher. Our number of days on the market continues to lengthen and  there is plenty of inventory with 562 active listings. That's about 60 months of inventory at the current Gulf Breeze Home Sales rate . . . ouch!

 

Comments

We have been very busy here in central New Jersey.  We are starting to see multiple offers again and lots of buyer activity.
Posted by Lisa Friedman Central New Jersey Real Estate (Pinnacle Realtors) over 2 years ago

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