Pensacola Homes, Real Estate, and Neighborhoods

USA Weekend not long ago ranked Pensacola, FL, number two in their "Top Five Places to Retire." How did USA Weekend describe this historic southern city by the Gulf?

"Pensacola, FL. (pop 54,283): The sun always shines on its white beaches, it's super-safe (the crime rate is well below the national average), and the American Association baseball team boosts hometown spirit. (by Reyhaneh Fathieh, Onboard Informatics for USA Weekend)

Not a bad way to start, but let's have a native (that would be Robin) add the spicy details:

Pensacola can be a sleepy little beach town or a beehive of commerce, a place to seek out a symphony or opera performance or a place to get away to a remote beach, a bustling town with all the modern conveniences or a city of quaint bungalow lined neighborhoods. We're home to the thrill-a-minute Blue Angels and a city first discovered by Spanish explorer Don Tristan DeLuna, home to Joe Patti's Seafood and the University of West Florida, Margaritaville and the Institute for Human and Machine Cognition. We're history and intrigue, business and hospitality, ghosts and corporate scions, all rolled up and sprinkled with "Aw Shucks Y'all."

Pensacola is a city of contradictions and surprises and those of us who call it home LOVE it that way!

Pensacola Real Estate, a Brief Overview

Like much of the country, Pensacola's real estate market has been on a bit of a roller coaster ride over the past decade. In 2002, Pensacola saw prices begin to rise. By 2005, certain sectors of the Pensacola real estate market - most notably Pensacola Beach - saw annual price increases in the double digits.

By late 2006, Pensacola area real estate prices hit their peak and began to come down. For the first seven months of 2010, the average sale price for a home in Pensacola (actually, the two county area of Escambia and Santa Rosa) was $162,997. The average days on the market for a home listed in Pensacola was 120 days and sale price to the list price was 95%. (If you would like this information for a certain sector of our market, say Pace, FL, feel free to contact us and we will be happy to provide the numbers for you.)

Like most of Florida, Pensacola does have distressed properties and you can search for these on our Pensacola MLS search page. However, Pensacola and the surrounding areas have not seen the number of foreclosures that South and Central Florida have seen. The Northwest Florida market is more stable due to the fact that we are home to several major military bases (Naval Air Station Pensacola, Hurlburt Field, Naval Air Station Whiting Field, Eglin Air Force Base). Pensacola is also a major medical center with four major hospitals and now a new Veterans Administration Hospital.

There are still wonderful real estate buying opportunities in Pensacola for primary residence or investment properties. Our expert Pensacola real estate agents can help you find the best Pensacola properties while avoiding potential pitfalls. Our team has closed more than $100,000,000 in real estate transactions over the past five years and we are aware of all the latest housing trends as they relate to Pensacola FL homes and real estate. For additional information please contact one of our agents.

Pensacola Neighborhoods

Click on the Pensacola neighborhoods below to see neighborhood specific information, pictures, and videos!

Pensacola Homes and Neighborhoods

Aragon, Pensacola $375,000 - $800,000 2200 - 4200 sqft

Audrey Plantation, Pensacola $189,000 - $230,000 1950 - 2600 sqft

Baybrook, Pensacola $160,000 - $299,000 1750 - 3000 sqft

Blackberry Ridge, Pensacola $185,000 - $250,000 2000 - 2700 sqft

Crown Pointe, Pensacola $170,000-$300,000 1,500-3,000 sqft

East Hill, Pensacola $149,900 - $1.2 MIL 1200 - 5000 sqft

Inverness, Pensacola $250,000 - $650,000 2000 - 4000 sqft

Keystone, Pensacola $200,000-$260,000 2,000-3,000 sqft

Legacy Oaks, Pensacola $240,000-$300,000 2,610-3,134 sqft

Manchester, Pensacola $170,000-$300,000 2,000-3,121 sqft

Nature Trail, Pensacola $250,000 - $600,000 1800 - 4000 sqft

Pensacola Country Club, Pensacola $250,000 - $1,500,000 2,000 - 6,000 sqft

River Gardens, Pensacola $185,000-$600,000 1,900-4,500 sqft

Robert's Ridge, Pensacola $160,000-$220,000 1,461-1,1979 sqft

Shepherd's Grove, Pensacola $220,000-$280,000 2,322-4,258 sqft

Soaring, Pensacola $260,000-$375,000 2,610-4,258 sqft

Southwoods, Pensacola $160,000-$240,000 1,540-3,121 sqft

The Whispers, Pensacola $350,000 - $700,000 1800 - 3000 sqft

West Ridge Place, Pensacola $150,000 - $300,000 1768 - 2627 sqft

Windsong, Pensacola $200,000 - $400,000 2300 - 4300 sqft