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Year-to-Date Real Estate Sales Statistics (Escambia County)

Number of Sales

2005

2006

% Change YTD

Single Family Sales

     

Total New Homes

1819 1194 - 34.36%

Total Resale Homes

7843 6290 - 19.80%

Total Sales Single Family

9662 7484 - 22.54%
       
Condo/Townhome Sales      

Total New Sales

372 888 + 138.71%

Total Resale

858 567 - 33.92%

Total Condo/Townhome Sales

1230 1455 + 18.29%
       
Mobile/Manufactured Homes 368 331 - 10.05%
       
Residential Lots 2638 2195 - 16.79%
       
Commercial Sales 909 1170 + 28.71%
       
Foreclosures 38 34 - 10.53%
       
Total Sales 15,068 12,374 - 17.88%

 

Year-to-Date Real Estate Dollar Volume Statistics (Escambia County)

Dollar Volume in Sales

2006

2005

% Change YTD

Single Family Sales

(Millions $)

(Millions $)

 

Total New Homes

249,521,145 324,746,228 - 23.16%

Total Resale Homes

895,157,400 1,171,846,300 - 23.61%

Total Sales Single Family

1,144,678,545 1,496,592,528 - 23.51%
       
Condo/Townhome Sales      

Total New Sales

500,216,666 222,891,000 + 124.24%

Total Resale

179,687,200 243,330,100 - 26.15%

Total Condo/Townhome Sales

679,903,866 466,221,100  +45.83%
       
Mobile/Manufactured Homes 15,759,200 15,876,800 - .68%
       
Residential Lots 101,068,000 161,803,300 - 37.54%
       
Commercial Sales 575,461,406 611,982,200 + 6.34%
       
Foreclosures 6,673,900 3,439,200 + 94.05%
       
Total Sales (Billion) $2,516,871,017 $2,752,466,928 - 8.56%

 

Year-to-Date Real Estate Sales Statistics (Santa Rosa County)

 

2006

2005

% Change YTD

Single Family Sales

     

Total New Homes

1541 2049 - 24.79%

Total Resale Homes

3027 4125 - 26.62%

Total Sales Single Family

4568 6174 - 26.01%
       
Condo/Townhome Sales      

Total New Sales

65 15 + 333.33%

Total Resale

111 168 - 33.93

Total Condo/Townhome Sales

176 183 - 3.83
       
Mobile/Manufactured Homes 425 579 - 26.60
       
Residential Lots 2824 4889 - 42.24
       
Commercial Sales 509 771 - 34%
       
Foreclosures 28 23 + 21.74
       
Total Sales 8502 12596 - 32.50%

 

Year-to-Date Real Estate Dollar Volume Statistics (Santa Rosa County)

Dollar Volume in Sales

2006

2005

% YTD

Single Family Sales

(Millions)

(Millions)

 

Total New Homes

339,304,248 429,516,652 - 21%

Total Resale Homes

610,891,700 899,246,500 - 32.07%

Total Sales Single Family

950,195,948 1,328,763,152 - 28.49%
       
Condo/Townhome Sales      

Total New Sales

17,364,800 2,305,400 + 653.22%

Total Resale

30,582,900 48,436,300 - 36.86%

Total Condo/Townhome Sales

47,947,700 50,741,700 - 5.51%
       
Mobile/Manufactured Homes 25,288,880 33,468,800 - 24.44%
       
Residential Lots 144,968,300 258,974,400 - 44.02
       
Commercial Sales 338,409,440 289,645,600 + 16.83
       
Foreclosures 7,609,800 1,199,600 + 534.36%
       
Total Sales (Billion) $1,506,828,188 $1,961,593,652 - 23.18%

 

Strong Buyers Market - Listing Numbers Hit ALL-TIME High -  Proof is in the statistics.  There are MORE homes for sale - then there are Buyers.  The prices of homes have begun to flatten or drop, Homes are staying on the market longer before selling, and Buyers have the upper hand in contract negotiations.

  • Home Sales are down

  • Condo Sales are up

  • Commercial Sale are down

  • Residential Lots are down

  • Foreclosures are up

  • Average Home Price is steady

 

If you are planning to sell you home in a "Buyers Market"  Here's some tips:

1.  Call Us - You need Professional Advice.

2.  List with us Early - it takes longer to sell your home.

3.  Hire a Realtor - Not just any Real Estate Agent - They are not all the same - or educated the same  - Want to know the difference - Here's What a Realtor MUST do - Other Agents do not.....

4.  Ensure your Realtor advertises on TV, Radio, Internet, MLS, Print Magazines, Navy & Marine Corps Times, Billboards, 1-800 Numbers, Pensacola News Journal - WE DO, this is why we are ranked in the Top 1% in Sales in Escambia & Santa Rosa County from over 3000+ Agents.

5.  Bottom Line - You Get What You Pay For When You Hire a Full Service Realtor.   Discount Brokers offer Discount Services and Gimmicks - In a Buyer Market you need a Full Service Broker to get the job done.

 

Wayne & Megan Hollingshead, Realtors - Full Professional Service, Not Gimmicks

Click here to Contact us Today  

 

We work only with Qualified Buyers - Pre-Approved with a Lender.  This places you in the best position possible during negotiations to ensure you get a firm contract on the home you choose.  Good homes in good neighborhoods are receiving multiple offers to buy within days of being listed.  Are you Pre-Approved for your future home?  Contact us to find out how to get Pre-Approved.

Looking to Buy at Low Mortgage Rates??  As an Accredited Buyers Representative (ABR)

We can help you.  Click here for more help!

 



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