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
No address 6 7 10,805 $7,750,000 $717.26 297 days
Hwy 98 N/A N/A N/A $4,644,500 $46,445 1446 days
113 Seamarge Cir 7 8 11,500 $4,325,000 $376.09 24 days
16293 Perdido Key Dr Unit #C 3 5 2,928 $3,800,000 $1,297.81 12 days
14721 Perdido Key Dr Unit #11 4 5 4,127 $3,750,000 $908.65 230 days
14721 Perdido Key Dr Unit #10 4 5 4,127 $3,750,000 $908.65 230 days
1 Port Royal Way Unit #1 & 3 4 4 4,894 $3,500,000 $715.16 58 days
3920 Menendez Dr 4 7 5,864 $3,499,000 $596.69 195 days
1698 34th St 4 5 4,962 $3,490,000 $703.35 386 days
Mirella St N/A N/A N/A $3,250,000 $166,070.52 720 days
Average: 3.3 2.5 1,913 $413,133 $240 278 days
Viewing 1 - 10 of 1221
Viewing 1 - 10 of 1221
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
14511 Perdido Key Dr Unit #1308 4 4 2,277 $1,275,000 $559.95 408 days
3045 Pelican Ln 4 5 3,850 $975,000 $253.25 2 days
6268 Saufley Pine Rd 5 4 2,901 $799,900 $275.73 58 days
1512 Lloyd St 4 4 2,676 $799,000 $298.58 38 days
2235 Mccutchen Pl 5 3 3,488 $715,000 $204.99 24 days
5957 Dahoon Dr 4 4 3,220 $697,500 $216.61 45 days
110 Bayou Blvd 3 2 2,493 $668,000 $291.32 20 days
313 Government St 3 3 1,808 $647,900 $358.35 0 days
327 Government St 3 3 1,808 $647,900 $358.35 1 day
800 Mallory St 4 2 2,412 $629,000 $335.11 237 days
Average: 3.6 2.3 1,742 $306,392 $181 50 days
Viewing 1 - 10 of 383
Viewing 1 - 10 of 383
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
14701 Perdido Key Dr Unit #903 4 5 2,891 $3,150,000 $3,150,000 $1,089.59 0 days 6/5/23
13333 Johnson Beach Rd Unit #908 5 6 2,865 $2,700,000 $2,675,000 $933.68 4 days 2/7/23
14701 Perdido Key Dr Unit #1005 5 6 4,163 $2,550,000 $2,550,000 $612.54 0 days 6/6/23
14701 Perdido Key Dr Unit #1004 4 5 4,372 $2,500,000 $2,500,000 $571.82 0 days 6/6/23
14701 Perdido Key Dr Unit #802 4 4 2,469 $2,500,000 $2,500,000 $1,012.56 0 days 6/5/23
10151 Guidy Ln N/A 2 1,870 $2,700,000 $2,300,000 $76.87 78 days 5/24/23
3260 Seville Dr 4 5 6,550 $2,499,000 $2,068,000 $315.73 156 days 3/10/23
16497 Perdido Key Dr Unit #A-700 5 6 3,900 $2,200,000 $2,000,000 $512.82 45 days 5/26/23
14701 Perdido Key Dr Unit #901 4 5 3,049 $1,895,000 $1,895,000 $621.52 0 days 6/1/23
14701 Perdido Key Dr Unit #801 4 5 3,049 $1,895,000 $1,895,000 $621.52 49 days 6/1/23
Average: 3.2 2.2 1,725 $333,423 $324,449 $190 51 days
Viewing 1 - 10 of 2533
Viewing 1 - 10 of 2533

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