Pensacola, FL Real Estate News

By Charles Stallions, 850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
When it comes to selling your home, going the "For Sale By Owner" (FSBO) route might seem tempting, but recent surveys reveal a stark truth: homeowners who opt out of using a real estate agent are often less satisfied with the selling experience. According to a survey conducted by Clever Real Estate among 1,000 home sellers from 2022 to 2023, those who sold their homes without a professional representative were twice as likely to express dissatisfaction with the process.The survey highlights that initial perceptions about real estate agents being overpaid or not significantly more knowledgeable than the average seller tend to change post-transaction. Many FSBO sellers admitted to making mistakes and encountering unexpected challenges without professional guidance.Here's a breakdown of w...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
This article provides a Pensacola real estate market report on the Mariner's Oaks subdivision. If you are interested in seeing any homes in the Mariner's Oaks  subdivision, or any other homes for sale in Pensacola Florida, please feel free to  Contact Me for assistance. All of the homes pictured on this page were for sale at the time this article was published.   To see all current Pensacola Homes for Sale in Mariners Oaks, click on Search for Homes. On the Property Search screen, click on the "More Search Options" button. Then type Mariners Oaks into the "Subdivision" category and click the "Search Now" button at the bottom of the screen.Mariner's Oaks  is located in the west part of  Pensacola.  It is not within the Pensacola city limits. Mariner's Oaks  is accessible from Blue Angel ...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
          Pensacola Market Data For Residential Properties                   On Pensacola Beach And Perdido Key                                       January 2008 The numbers in the table show the Pensacola real estate sales on the beaches are picking up, albeit slowly. I included the table from December 2007 for comparison purposes. As of the writing of this report there are 5 Perdido Key Condo sales Pending and 7 Pensacola Beach Condo sales Pending. But we've also seen an increase of almost 100 new active listings on the beaches. In this market, the only way to sell a condo on the Pensacola beaches is to be the best value out there. If you are just like all the rest, or priced higher than the rest, you have a very slim chance of getting your unit sold. But if you are a buyer in the ma...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
Pensacola Real Estate Market DataWeekly Update For Residential Listings In Escambia and Santa Rosa Counties The previous week did not bring the changes I was hoping for. After the January 27 week of a 100 sales, I thought things might be starting to pick up. But then last week came in at only 56 sales. And to make matters worse, 12 of those 56 sales were Beach Club Condos on Pensacola Beach. While it is nice to see some sales at the beach, 12 units in the same condo selling all at once does not really factor in to how the local real estate market is performing. The sales of these Pensacola Beach condos is what brought up the average sold price in the table. It is likely that most of these condo sales were made to investors. Pensacola is in a strong buyer's market, but the buyers do not ...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
I'll deviate a little from my typical Pensacola real estate posts and share some news about a local student who will be making a big difference in the lives of children on the other side of the world.I typically go to church on Saturday nights at Cokesbury United Methodist church on 9th avenue across from Pensacola Junior College. I like going Saturday nights because there is an awesome band that plays at the church. I say "plays", but I should say "rocks". This band really does rock out the praise and worship music. If you are in to that sort of thing, I highly recommend checking them out at 6:00 PM on Saturday nights. But on to the story.One Saturday night a couple of weeks ago, a girl gave a short speech at the church. She talked about graduating from UWF and then going to Kenya to h...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
 Weekly Update For Residential Listings In Escambia and Santa Rosa Counties    I am running a little late this week on getting the previous to the previous week's data up. But many agents don't put the sold listings in the MLS until several days (or even weeks) after a listing has sold, so waiting a little longer actually makes the data more accurate.  The data in the table show Pensacola real estate sales very slow to start off the year, but we saw a nice spike last week, up to 100 sales in the week. While this is a good sign, I did also note that 13 of the 100 homes sold were foreclosures. Total active listings have fallen a little, probably because of the increase in sold homes and expired listings.  We are in a strong buyer's market, but the buyers do not seem ready to come out and ...
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By Christine Frazier, Broker Associate
(ERA Old South Prop Inc)
When I was a youngster, I was frightened by the idea of aliens, monsters, werewolfs, vampires and such.  As a mature adult (some might question that) it seems to me that I have met most of the various types of personalities mentioned above at one time or another during my terrifically rewarding career as a REALTOR.  Stop and think about it, I bet most of you have as well.  I suppose our job is to keep all the various types on the straight and narrow and boy What A Ride!Our Legislature continues to pass legislation, and we continue to paddle through it or maybe that should have been to muddle through it.  I am so hoping that we will be able to continue to paddle/muddle  through it as we move into the November election for our next President.  Our careers are on the line, our lives are on...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
Residential Properties in Escambia and Santa Rosa Counties  The table shows the Pensacola Florida real estate market data for the month of January. Sales of homes are very low, and inventory levels have not dropped much. When looking at my weekly reports, inventory levels have actually been increasing since the beginning of 2008. On January 31 we had 6348 active listings on the market, but as of the writing of this report, February 5, there are 6395 listings active. This trend back up is a sign that our market has not begun to correct, and may be heading even lower. I'll keep doing weekly and monthly updates on the Pensacola real estate market, and you keep reading to stay informed.   Thank you for dropping by.- The table shows the monthly market data for Pensacola residential property....
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
 Weekly Update For Residential Listings In Escambia and Santa Rosa Counties  The data in the table show Pensacola real estate sales are very slow to start off the year. This past week showed a huge jump in new listings, and total active listings continue to grow. We are in a strong buyer's market, but the buyers do not seem ready to come out and take advantage of the great deals available.   - The table shows the weekly market data for Pensacola residential property. - These numbers include only residential homes and condominiums in Escambia and Santa Rosa Counties that are listed in the Pensacola MLS. - They do not include vacant land or lots, mobile homes or manufactured homes or Pensacola FSBOs. - The numbers above are created using data from the Pensacola MLS and are deemed reliable...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
If you think real estate can't be sexy, think again. I would like take this opportunity to congratulate Woody Wolden, owner of Top 10 Properties, on ranking in 2nd place as Pensacola's sexiest man. You can read about it at the Pensacola News Journal . I hope they keep this the link alive, but it not,  sorry. Blame the PNJ.  Now I'm not one to determine if Woody is really that sexy, but apparently many of his female agents think he is. I only know Woody through meeting him at local real estate investors meetings. From what I've learned of him, Woody is a man of excellent character who is always looking to help the other guy, serve his community and further the success of those who work with him. Woody and his buddy Jim Greeley (who is not quite as sexy as Woody) formed a Pensacola real e...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
This article provides an overview of the Pensacola real estate market report on the Mayfair subdivision.  Mayfair is called by several different names depending on where you look, including Mayfair, Oakcrest, and Carriage Hills. This report includes the area delineated on the map, since it is not clearly defined as to where one area starts and another ends. Mayfair is located west Pensacola.   It is accessible from the major highways Fairfield Drive and  Mobile Highway. It is convenient to the Pensacola Naval Air Station, Saufley Field Naval Base, and downtown Pensacola. Most other popular Pensacola locations can be reached in a relatively short amount of time from Mayfair.Mayfair is full of very affordable homes. Many homes are the older cinder block style homes built in the 1950s and ...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
Weekly Update For Residential Listings In Escambia and Santa Rosa Counties  The table shows that the number of homes on the market in Pensacola Florida is starting to  increase a little,  reversing what was a downward trend toward the end of 2007. I checked again today and the number is even higher, currently at 6385 listings active. The homes sold the past week also remains very low, but is up a little from the previous week. Notice that I have added a new column for Expired and Withdrawn listings. You can see that the end of 2007 and beginning of the new year are times when many sellers will allow their listing agreements with real estate agents to expire or the sellers take their homes off the market. Most of these are overpriced homes, so it is good for the market overall when they ...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
I'll start by defining a price reduction. I am not referring to a seller who accepts an offer on a home that is lower than the listed price of the home. This is a common occurence in many real estate transactions.  I am referring to sellers who list their home at a certain price, and then reduce that price during the period the home is on the market. Today, many sellers have homes listed that have been on the market for six months or longer. Most of these sellers have had to reduce their prices to try and sell their homes. If you are a buyer looking for a home, a real estate agent can give you information on the pricing history of any home listed in the MLS. There are generally 2 main reasons that cause sellers to reduce the price: 1. The Home was originally overpriced when listed. This...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
 Weekly Update For Residential Listings In Escambia and Santa Rosa Counties  The data show a typical start to a new year in Pensacola. Many new listings came on the market, because sellers often wait to list their homes until after the holiday season.The "Homes Sold" figure is the bad news for the Pensacola market. When I looked early in the week, the number of homes sold was very low, but I expected that it would rise considerably as more agents added their sold listings to the MLS.  - The table shows the weekly market data for Pensacola residential property. - These numbers include only residential homes and condominiums in Escambia and Santa Rosa Counties that are listed in the Pensacola MLS. - They do not include vacant land or lots, mobile homes or manufactured homes or Pensacola F...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
The table shows the numbers for the previous week in Pensacola real estate. Note that the total active listings have dropped again. I expect that they will be up a little bit in next week's report because many people choose to list their homes with the start of the new year.    - The table shows the weekly market data for Pensacola residential property. - These numbers include only residential homes and condominiums in Escambia and Santa Rosa Counties that are listed in the Pensacola MLS. - They do not include vacant land or lots, mobile homes or manufactured homes or Pensacola FSBOs. - The numbers above are created using data from the Pensacola MLS and are deemed reliable but not guaranteedClick on Pensacola Real Estate News for a list of articles indexed by category.
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
This article provides a Pensacola real estate market report on the Coral Creek subdivision.  Coral Creek is a beautiful well kept subdivision located in the southwest part of  Pensacola. Coral Creek homes are very affordable and the location is perfect for anyone who works on the Pensacola Naval Air Station.  Coral Creek is also very convenient to the Perdido Key beaches.The table below shows Pensacola real estate market data for Coral Creek. The numbers in the table are created using data from the Pensacola MLS and are deemed reliable but not guaranteed. These numbers do not include sales by Pensacola FSBOs.For more information and details on Coral Creek subdivion in Pensacola Florida, please check out the full article on my site at Pensacola Real Estate News.  
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
I have done my monthly real estate market report for Pensacola Beach and Perdido Key. Not too much changed in the way of sales of properties on the beaches. They are still very slow. That is to be expected in December, and let's hope for better in 2008. One notable change was the drop in active listings on the beaches from the previous month.   My data from the past 2 months show that total active listings on the Pensacola beaches have dropped from 794 to 662.  This is a 20% drop in active residential listings on the beaches from the previous month.  See Pensacola Real Estate News - November 2007 for the November report.See Pensacola Real Estate News - December 2007 for the December report.Nice wave on Pensacola Beach from December 27, 2007.
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
 I posted an article that provides a Pensacola real estate market report on the Inverness subdivision. If you are interested in seeing any homes in the Inverness subdivision, or any other homes for sale in Pensacola Florida, please Contact Me for assistance.Inverness is located in Southeast Pensacola in the Cordova Park area.   Inverness is convenient to most areas in east Pensacola., including the Bayou Texar boat ramp, downtown Pensacola, and mall shopping. There are many great places to eat within 15 minutes of Inverness. To the south you will find East Pensacola Heights , which has several great locally owned restaurants. Heading north to the Cordova Mall area you can also find plenty of great places to eat and shop. To read the full market report on Inverness, please check out the ...
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
 At last Christmas is over and we start a new year. What it will bring is anybody's guess. But I can tell you what happened in the Pensacola real estate market in December. The inventory of homes for sale in Pensacola has dropped by over 300 homes since the end of November, but the Pensacola real estate market is still a buyer's market. The most noteable statistic in this month's data is the large number of withdrawn and expired listings. The Pensacola MLS data shows that 282 listings expired or were withdrawn on December 31. Apparently many listing contracts were expiring at year end.  Click on Pensacola Real Estate News to see the statistics for December 2007.
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
Due to the holidays, not much property is moving in the Pensacola real estate market.  The number of new listings and homes sold is very low in comparison to recent weeks. This is typical for the holiday season. But we do still see the number of total active listings dropping. Hopefully, this will be a continuing trend towards fewer properties on the Pensacola real estate market.To see the numbers for residential sales in Pensacola, visit the Pensacola Real Estate News Market Update.
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By Karl Burger, Pensacola Real Estate News
(ERA Beach Ball Realty)
East Pensacola Heights is the area in southeast Pensacola bordered by Bayou Texar on the west and Escambia Bay on the East and South sides. It is a beautiful area rich in history. I recently attended a presentation on the history of East Pensacola Heights given by a group of students from the University of West Florida. The information from that meeting and the data I have gathered on the Pensacola MLS made for some interesting articles on East Pensacola Heights. I composed a 3-part series of articles on this historic area of Pensacola. The links to these articles are provided below. East Pensacola Heights - Part 1 - A Perspective In Local HistoryEast Pensacola Heights - Part 2 - Some Facts And Some Stories SharedEast Pensacola Heights - Part 3 - How Times Have Changed For information o...
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