MLS data for July 31, 2012, shows a 16% drop in the number of actively listed distressed properties in the Pensacola real estate market between Jan 1, and the end July. Distressed properties are defined as short sales or foreclosures.

Overall the available inventory of properties for sale in Pensacola continues to decline. At the height of the buyer's market there were over 6,000 properties actively listed. 

By the end of July the number of actively listed properties for sale in the two county Pensacola real estate market had fallen to 3,379. Today there are 3,180 active listings.

Realtor.com has recently dubbed Pensacola one of three "Hidden Gems on the Rise" based on the steady improvement in the market compared to markets nationwide.

For more information on the Pensacola real estate market or to see ALL homes for sale, visit our website www.PensacolaForYou.com.