July 27 2017 Pensacola Real Estate ...

July 27 2017 Pensacola Real Estate Inventory Drops Again, Sales Slow

IT’S INFOGRAPHIC FRIDAY!!! We decided to start an infographic Friday to try to show (visually) how the market is doing. We know some people like to learn audibly (Yeah that’s the word  I could not think of when I was recording this). We know some people like reading (This is actually considered by science as 1 type of visual learning). Finally others like pictures (This is the other type of visual learning)

IN an attempt to satisfy the marketplace we made sure to include this infographic on Friday’s Enjoy!

Highlights:

  • Existing Home Sales are now at an annual pace of 5.52 million.
  • Inventory of existing homes for sale dropped to a 4.3-month supply, marking the 25th month in a row of declines.
  • The median price of homes sold in June was $263,800. This is the 64th consecutive month of year-over-year price gains.