The monthly August PAR stats are now available on Dropbox.

HIGHLIGHTS

• August sales are up from last month but down from last year with 793 units sold. Last month 776 units sold. Number of sales Y-O-Y was down 17.5%.
• August average days on market is down from July at 44 to: 38 Days.
  
• Average sold price is $403,965, this is up from the prior month and up 8.8% since August 2022 Y-O-Y, $371,138.
  
• August inventory is up to: 2150 units, up from August 2022, with 1851 units. Y-O-Yincrease in inventory of 16.2%
• Months inventory is 2.7 months, up from July at 2.6 months, and up from August 2022 with 1.9 months inventory. 
• Average List to sold price difference in August was -2.0% a change from -1.9% in July.
• The inventory of homes remains low. With 2.7 months inventory, is still a sellers marketin our area. When Months Inventory is less than 4.0 months it is considered a seller’s market.6.0 months or more is a buyer's market.

The monthly July PAR stats are now available on Dropbox.

HIGHLIGHTS

• July sales are down from last month and down from last year with 776 units sold. Last month 1004 units sold. Number of sales Y-O-Y was down 17%.
• July average days on market is down from June at 47 to: 44 Days.
• Average sold price is $367,910, this is down from the prior month and down 4.7% since July 2022 Y-O-Y, $386,052.
• July inventory is up to: 1876 units, up from July 2022, with 1839 units. Y-O-Y increase in inventory of 2%
• Months inventory is 2.4 months, up from June at 1.9 months, and up from July 2022 with 2.0 months inventory.
• Average List to sold price difference in May was -1.9% a change from -1.6% in June.
• The inventory of homes remains low. With 2.4 months inventory, is still a sellers market in our area. When Months Inventory is less than 4.0 months it is considered a seller’s market.6.0 months or more is a buyer's market.

The monthly June PAR stats are now available on Dropbox.

HIGHLIGHTS

• June sales are up from last month and down from last year with 1004 units sold. May 935.Number of sales Y-O-Y, down 10.4%.
• June average days on market is up slightly from May at 46 to: 47 Days.
  
• Average sold price is $416,806, this is up from the prior month and up 0.8% since June 2022 Y-O-Y, $413,361.
  
• June inventory is up to: 1891 units, up from June 2022, with 1595 units. Y-O-Y increase in inventory of 19%
• Months inventory is 1.9 months, up slightly from May at 1.8 months, but up from June 2022 with 1.4 months inventory. 
• Average List to sold price difference in May was -1.6% a change from -2.1% in May.
• The inventory of homes remains low. With 1.9 months inventory, is still a sellers marketin our area. When Months Inventory is less than 4.0 months it is considered a seller’s market.6.0 months or more is a buyer's market.

These are the summer days on Pensacola Beach I wait for - the water is gin clear and warm. Sitting under an umbrella in the shade enjoying the sea breeze, watching perfect waves roll in and the birds fly by, looking for a fish I might want to cast a fly to; the setting is mesmerizing and it is why we live here. It is the place to be. Enjoy!

The week following Independence Day, Dubbed “Red, White, and Blues Week”, the Santa Rosa Island Authority hosts the Pensacola Beach Airshow Featuring the U.S. Navy Blue Angels.

RED, WHITE AND BLUES WEEK FEATURING THE PENSACOLA BEACH AIR SHOW – JULY 5-8, 2023

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The monthly February PAR stats are now available on Dropbox.

HIGHLIGHTS

• February sales are up from last month but down from last year with 633 units sold. January 539. Number of sales Y-O-Y, down 29%.
• February average days on market is up from January to: 59 Days.
• Average sold price is $361,767, this is up from the prior month and up 3.7% since February 2022 Y-O-Y, $348,750.
• February inventory is down to: 1783 units, up from February 2022, with 737 units. Y-O-Y increase in inventory of 132.5%
• Months inventory is 2.8 months, down from January at 3.7 months, and up from February 2022 with 0.9 months inventory.
• Average List to sold price difference in February was -2.8% a change from -3.8% in January.
• The inventory of homes remains low. With 2.8 months inventory, is still a sellers market in our area. When Months Inventory is less than 4.0 months it is considered a seller’s market.6.0 months or more is a buyer's market.

The monthly January PAR stats are now available on Dropbox.

HIGHLIGHTS

• January sales are down from last month and down from last year with 536 units sold. December 2022 there were 716. Number of sales Y-O-Y, down 32.4%.
• January average days on market is up from December to: 51 Days.
• Average sold price is $336,488, this is down from the prior month and Down 1.0% since December 2021 Y-O-Y, $339,839.
• January inventory is down to: 1982 units, up from January 2022, with 809 units. Y-O-Y increase in inventory of 145%
• Months inventory is 3.7 months, up from December at 2.8 months, and up from January 2022 with 1.0 months inventory.
• Average List to sold price difference in December was -3.8% a change from -2.8% in December.
• The inventory of homes remains low. With 3.8 months inventory, is still a sellers market but on the verge of a neutral market in our area. When Months Inventory is less than 4.0 months it is considered a seller’s market.6.0 months or more is a buyer's market.

The monthly November PAR stats are now available on Dropbox.

HIGHLIGHTS

• November sales are down from last month and from last year with 621 units sold. October 2022 there were 817. Number of sales Y-O-Y, down 30%.
• November average days on market is up from October to: 34 Days.
• Average sold price is $358,889 this is up from the prior month and Up 6.7% since November 2021 Y-O-Y, $336,348.
• November inventory is up to: 2,086 units, up from November 2021, with 1,144 units. Y-O-Y increase in inventory of 82.3%
• Months inventory is 3.4 months, up from October at 2.5 months, and up from November 2021 with 1.3 months inventory.
• Average List to sold price difference in November was -3.5% an increase from -2.1% in October.
• The inventory of homes remains low. With 3.4 months inventory, is still a sellers market but approaching a neutral market in our area. When Months Inventory is less than 4.0 months it is considered a seller’s market.

The monthly September PAR stats are now available on Dropbox.

HIGHLIGHTS

• September sales are down from last month and from last year with 898 units sold. August 2022 there were 960. Number of sales Y-O-Y, down 10.2%.
• September average days on market is up from July to: 28 Days.
• Average sold price is $380,558 this is up from the prior month and Up 14.4% since September 2021 Y-O-Y, $332,635.
• September inventory is up to: 1,910 units, up from last September 2021, with 1,216 units. Y-O-Y increase in inventory of 57.1%
• Months inventory is 2.1 months, up from July at 1.9 months, and up from September 2021 with 1.2 months inventory.
• Average List to sold price difference is -1.7%
• The inventory of homes remains low. With 2.1 months inventory is still a solid sellers market in our area.