There are many great Pensacola area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (850) 466-6920 for a FREE home buying or selling consultation to answer any of your real estate questions.
Today I wanted to go over some of the market highlights from 2013. Before I get into that, I wanted to point out that our blog has a free home search and free home evaluation if you’re thinking about selling your home.
In December 2013, we finished the year strong and exceeding December 2012 by 21%. Also, fourth quarter sales were up 16% from 2012 and total sales rose 18% in comparison to 2012. The average days on market dropped to 100 days, which is the lowest since 2007.
While the distressed inventory fell slightly, the overall inventory jumped nearly 10% from November capping a yearlong trend that a low of 3,100 homes in January increased 30% to 4,035. In 2014, we expect sales to continue to improve and prices to continue rising. We can’t think of a better time than now to get in on the ground floor as home prices start to go up.
If you’re thinking about buying a new home in 2014 and have a home to sell, we just implemented a “Builder Trade-in” program. Give us a call or send us an email to get more information on this phenomenal, new program. My phone number is (850) 466-6920 and my email is GordonFirstTeam@gmail.com. I look forward to hearing from you. Thanks and have a great day!
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