February 2023 NW Florida Housing Market Update
By Trish Sarfert, Serving military & civilian relocations!
(Coldwell Banker Realty)
February 2023Housing Market UpdateNW Florida / Pensacola MLS Region The monthly housing market update for February 2023 is now available for the Pensacola MLS Region. Average and median sale prices both increased from previous month. Median sales price was $320,000 - up from from $298,400 in January 2023 and up from $309,900 one year ago. Monthly average sales prices were $373,702 at month end, up from $338,858 in January 2023 (a 10.28% month to month increase) and up from $351,319 one year ago (a 6.37% year to year increase). Inventory back to pre-Covid levels 1794 homes listed at February month end Down from 1939 in January 2023 Up from 767 one year ago in February 2022 There were 661 housing sales in February This equals to just under a two month supply of homes (based on sea...
Comments
2