Pensacola Area Real Estate Market Snapshot: December 2025
The Pensacola-area real estate market closed out 2025 with encouraging momentum, showing stronger sales activity and stable pricing despite slower inventory growth. According to the December 2025 Market Snapshot released by the Pensacola Association of REALTORS®, buyer demand remained resilient as the year came to a close.
Sales Activity Ends the Year Strong
December 2025 recorded 826 closed sales, a notable increase from 737 sales in December 2024, representing a 12% year-over-year gain. Sales were also up more than 33% compared to November 2025, signaling renewed buyer activity during the traditionally slower winter season.
Year-to-date, total combined sales for 2025 reached 9,251, just 0.7% below 2024 levels — a relatively modest dip given ongoing affordability and interest-rate challenges.
Home Prices Hold Steady
Home values in the Pensacola market remained stable through the end of the year. The median sales price rose to $319,900 in December 2025, up from $315,000 in December 2024, reflecting continued price support across both residential and condo segments. Pricing trends throughout 2025 showed consistency rather than volatility, suggesting a more balanced market environment.
Inventory Levels and New Listings
Inventory levels increased through much of 2025 before tapering off toward year-end. Single-family residential inventory peaked mid-year and closed December at 2,951 active listings, down from earlier highs but still higher than the prior year. Condo inventory followed a similar pattern, ending December 2025 with 414 active units.
New listings slowed significantly heading into winter. Residential new listings declined compared to earlier months, while condo listings saw only modest year-over-year changes. This slowdown in new inventory helped prevent downward pressure on pricing.
Days on Market Vary by Price Range
Homes priced under $300,000 continued to move faster than higher-priced properties. In December 2025, average days on market ranged from 36–80 days for homes under $300,000, while properties priced $500,000 and above averaged more than 120 days, reflecting more selective buyer behavior in the upper price tiers.
Pending Sales Signal Ongoing Demand
Pending sales remained steady throughout the year, closing December 2025 with 213 pending transactions. While slightly lower than previous years, the consistent flow of pending contracts suggests buyers remain active and engaged heading into 2026.
What This Means for Buyers and Sellers
As 2026 begins, the Pensacola real estate market appears to be transitioning into a more balanced phase. Buyers benefit from increased inventory and stable pricing, while sellers continue to see solid demand—especially for well-priced homes in desirable locations. Strategic pricing and proper marketing remain key as days on market vary widely by price range.
Source
Data provided by the Pensacola Association of REALTORS®, PAR Market Snapshot – December 2025.
