Pensacola Real Estate Market Report

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ABOUT THE PENSACOLA, FLORIDA AREA 

Living in Pensacola, Florida has many advantages! So, before you look for a home in Pensacola, Florida you will want to know about all the great things Pensacola has to offer and its rich history. Spanish sailor Don Tristan de Luna arrived in Pensacola on August 15, 1559 with a contingent of more than 1,500 soldiers, servants, settlers, priests and Mexican Indians. Shortly after establishing the settlement, a hurricane destroyed supplies, eventually causing the Spanish to flee the area and not return until the late 1600s. In 1698, Presidio Santa María de Galve became the first permanent settlement in Northwest Florida. Remains of the fort can be found at Naval Air Station Pensacola. The city is proud of its rich heritage, historically significant events, and landmarks.

• Having been ruled by Spain, France, Britain, the Confederacy, and the United States, Pensacola has earned the nickname City of Five Flags. 

• Old Christ Church in Historic Pensacola Village is the oldest church in Florida still on its original site. 

• Emmanuel Point II is the second-oldest shipwreck in the country. Discovered in 2007 by the University of West Florida archaeology students, the ship belonged to Spanish sailor Don Tristan de Luna’s expedition, dating back to 1559. 

• St. Michael’s Cemetery is one of the oldest extant cemeteries in the state of Florida, with burials dated back to the late 1700s. 

• Pensacola was the original capital of Florida, and it was here that Gov. Andrew Jackson changed flags with Spanish Governor Jose Callava, bringing West Florida under the control of the United States. 

• The first Catholic Mass in the United States was held on Pensacola Beach shortly after the sailors arrived in August 1559.  

Our beaches are the perfect metaphor for Pensacola – everything is more than meets the eye. Standing on Florida’s whitest sand beaches, you’re standing on quartz sand that was on the Appalachian Mountains thousands of years ago before it was washed by mountain rivers to the Pensacola coast.  

If you are moving to or interested in buying a home here, please feel free to see all the homes for sale in Pensacola! Other areas we buy and sell homes in the Greater Pensacola Area are Gulf Breeze, Pensacola Beach, Perdido Key, and Navarre.

 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
612 S 1st St N/A N/A N/A $8,200,000 Unknown 469 days
16557 Perdido Key Dr Unit #10PW1 6 7 3,867 $4,525,000 $1,170.16 173 days
1921 E Strong St 5 6 5,500 $3,899,000 $708.91 93 days
835 Tanglewood Dr 4 5 6,498 $3,800,000 $584.80 108 days
10316 Chemstrand Rd 7 7 6,954 $3,495,000 $502.59 130 days
1725 E La Rua St 5 5 6,437 $3,100,000 $517.79 74 days
14239 Perdido Key Dr Unit #PH-8 4 5 4,313 $2,990,000 $693.25 73 days
Mirella St N/A N/A N/A $2,970,000 $151,762.90 1957 days
16557 Perdido Key Dr Unit #8AE4 4 4 2,367 $2,700,000 $1,140.68 59 days
16557 Perdido Key Dr Unit #4BE3 4 4 2,427 $2,675,000 $1,102.18 177 days
Average: 3.2 2.4 1,784 $409,642 $227 308 days
Viewing 1 - 10 of 1558
Viewing 1 - 10 of 1558
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
16557 Perdido Key Dr Unit #9AE4 4 4 2,367 $2,700,000 $1,140.68 108 days
9200 Fowler Ave N/A N/A N/A $2,400,000 $218,181.82 192 days
801 S Palafox St Unit #300 3 2 2,402 $2,205,000 $917.99 1 day
675 Tanglewood Dr N/A N/A N/A $1,495,000 Unknown 17 days
1806 E Hernandez St 5 4 3,857 $1,399,000 $427.70 193 days
5661 Galvez Rd N/A N/A N/A $1,350,000 Unknown 413 days
4661 Isles Dr 4 4 2,520 $1,250,000 $496.03 3 days
9511 Scenic Hwy 5 5 4,179 $1,174,476 $281.04 14 days
8210 Klondike Rd Unit #LOT 2 5 4 3,499 $898,000 $256.64 198 days
13661 Perdido Key Dr Unit #1004 3 3 1,683 $799,000 $474.75 151 days
Average: 3.4 2.3 1,770 $370,820 $201 82 days
Viewing 1 - 10 of 154
Viewing 1 - 10 of 154
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
14615 Perdido Key Dr 5 6 5,046 $4,995,000 $4,650,000 $921.52 206 days 9/30/26
11704 Chanticleer Ct 5 4 4,799 $4,750,000 $4,250,000 $885.60 235 days 7/28/26
16315 Perdido Key Dr 8 8 4,952 $3,999,000 $3,400,000 $686.59 170 days 9/25/26
8559 Foxtail Loop 5 8 6,222 $2,650,000 $3,000,000 $482.16 10 days 6/5/26
16557 Perdido Key Dr Unit #8AW1 4 4 2,367 $2,575,000 $2,575,000 $1,087.87 0 days 8/25/26
16557 Perdido Key Dr Unit #9BE3 4 4 2,427 $2,500,000 $2,500,000 $1,030.08 0 days 8/25/26
2912 Blackshear Ave 4 3 4,044 $2,450,000 $2,400,000 $593.47 13 days 9/29/26
16557 Perdido Key Dr Unit #5AW1 4 4 2,367 $2,375,000 $2,375,000 $1,003.38 0 days 8/25/26
16557 Perdido Key Dr Unit #7AW1 4 4 2,367 $2,375,000 $2,375,000 $1,003.38 0 days 8/25/26
16557 Perdido Beach Blvd Unit #6AW1 8 4 2,367 $2,325,000 $2,325,000 $982.26 0 days 8/25/26
Average: 3.2 2.3 1,759 $351,253 $340,510 $192 60 days
Viewing 1 - 10 of 2228
Viewing 1 - 10 of 2228

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Copyright© 2016 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.