#1 REAL ##ESTATE MARKET UPDATE SEPTEMBER 30, 2013

We are seeing times with the lowest inventory since 2006. With interest rates now on the rise we can expect to see fewer and fewer homes on the market only due to homes going under contract in record time. The rental market is in the same situation with record low inventory on rental homes. The homes on the market as of today SEPTEMBER 30, 2013 is 2,931 with 796 homes either in short sale situation, foreclosures or homes being sold strictly as-is. So this leaves 2,135 Residential Homes available for purchase in the Pensacola and surrounding areas to include Pace, Milton, Cantonment, Perdido Key, Navarre and Pensacola Beach that are not distressed properties. If you have considered selling your home call The Harmon Murphy Group today with Realtors Diane Harmon and Preston Murphy we have sold and closed 97.5 homes as of September 30, 2013. MARKET UPDATE AS OF TODAY SEPTEMBER 30, 2013. THERE HAVE BEEN 4,621 RESIDENTIAL HOMES SOLD, THE AVERAGE LIST PRICE IS 182,587, THE AVERAGE SOLD PRICE IS 175,245 AND THE AVERAGE DAYS ON THE MARKET IS 117 WITH THE AVERAGE $ PER SF BEING 90. TO VIEW ALL HOMES IN PENSACOLA CLICK ON WWW.DIANEHARMONSELLSPENSACOLAHOMES.COM