Data Analysis
Escambia and Santa Rosa counties had 216 condos for sale and 48 under contract on October 28, 2026, about 4.5 to 1, against 2.4 to 1 for single-family homes.
Our Pensacola MLS feed logged 47 new condo listings and 10 condo contracts from October 14 to 27. Perdido Key had 41 condos active and 6 pending.
Our live Pensacola MLS map showed 216 active condos and 48 condos under contract or pending in Escambia and Santa Rosa counties on October 28, 2026, about 4.5 listings for every condo in a contract. Single-family homes ran at 1,653 active against 696 under contract, about 2.4 to 1. From October 14 to 27, the feed logged 47 new condo listings, 14 condo price cuts and 10 condos going under contract. All figures are ours, computed from Pensacola MLS records; information is deemed reliable but not guaranteed.
This piece covers condos only. Our Pensacola median price, days on market, closed sales and seller concessions articles cover the completed-month figures for all home types, and the full series sits on the Pensacola market data hub. Our October 26 piece on Santa Rosa County new listings covers the wider listing flow.
How many Pensacola-area condos are for sale?
The condo market here is small next to single-family homes. Condos made up 216 of the 1,922 active listings on our map on October 28, about 11 percent. The median active condo was priced at $439,000 and had been listed 72.5 days, against 48 days for the median active single-family home. Of the 216 active condos, 49 had been listed 180 days or more and 12 had been listed a year or more.
By place, the live map showed:
| Place | Active condos | Under contract or pending | Median asking price | Median days listed |
|---|---|---|---|---|
| Pensacola | 118 | 37 | $354,000 | 58 |
| Perdido Key | 41 | 6 | $585,000 | 98 |
| Navarre Beach | 18 | 1 | $799,000 | 136.5 |
| Pensacola Beach | 18 | 2 | $706,450 | 40 |
| Gulf Breeze | 16 | 1 | $272,000 | 91 |
| Navarre | 5 | 1 | $439,000 | 11 |
Source: Momentum Research, computed from Pensacola MLS records, live map snapshot, October 28, 2026. Deemed reliable but not guaranteed.
The mainland Pensacola addresses hold most of the contracts. They had 37 of the 48 condos under contract, a ratio of about 3.2 active per contract. The Gulf-front areas run much thinner: Perdido Key at about 6.8 to 1, Pensacola Beach at 9 to 1 and Navarre Beach at 18 to 1.
How fast are Pensacola condos going under contract?
Condo contracts stayed slow in mid-October. Our feed recorded 10 condos moving from active to under contract or pending from October 14 to 27, against 7 from September 30 to October 13. New condo listings rose to 47 from 40 over the same two windows.
By place, the October 14 to 27 window looked like this:
| Place | New condo listings | Condo price cuts | Condo contracts |
|---|---|---|---|
| Pensacola | 19 | 7 | 3 |
| Perdido Key | 11 | 3 | 5 |
| Pensacola Beach | 11 | 0 | 1 |
| Navarre Beach | 5 | 2 | 0 |
| Gulf Breeze | 0 | 2 | 0 |
| Navarre | 1 | 0 | 1 |
Source: Momentum Research, computed from Pensacola MLS records, October 14 to 27, 2026. Deemed reliable but not guaranteed.
Perdido Key, ZIP code 32507, was the most active condo ZIP code, with 17 new listings, 8 price cuts and 6 contracts across the ZIP. Recent prices for each place are on the Pensacola, Perdido Key, Gulf Breeze and Navarre market pages.
What price range are Pensacola condos listing in?
New condo listings from October 14 to 27 had a median asking price of $565,000. Condos that went under contract had a median list price of $646,000.
| List price band | New condo listings | Condo price cuts | Condo contracts |
|---|---|---|---|
| Under $300,000 | 15 | 6 | 3 |
| $300,000 to $499,999 | 7 | 2 | 1 |
| $500,000 to $749,999 | 11 | 6 | 3 |
| $750,000 to $999,999 | 10 | 0 | 1 |
| $1 million and above | 4 | 0 | 2 |
Source: Momentum Research, computed from Pensacola MLS records, October 14 to 27, 2026. Deemed reliable but not guaranteed.
How big are the condo price cuts?
Condo price cuts were small. The median condo cut from October 14 to 27 was 2.4 percent, or $10,000, against a median of 3.0 percent from September 30 to October 13. None of the 14 cuts reached 10 percent, and no condo listing raised its price in the latest window.
How did Pensacola condos sell in September?
The completed-month figures show a slower and more price-sensitive condo market than the single-family side. Our September Pensacola Market Pulse, with closings through October 24, counted 56 condo sales in the Pensacola MLS at a median price of $388,000, 36.9 percent below September 2025. The median condo sold in 94 days at 94.0 percent of its original list price, 82 percent of condo sales closed below list price, and 54 percent were cash purchases. The same report counted 706 single-family sales at a median $326,400 and 39.5 days on market.
A median based on 56 sales moves with the mix of buildings that closed, so the year-over-year change says more about which condos sold than about a one-third drop in values.
What does this mean for condo buyers and sellers around Pensacola?
For buyers, the Gulf-front areas offer the most choice and the longest-listed inventory, with Navarre Beach condos at a median 136.5 days on the market. Mainland condos are cheaper and moving faster. The buildings we track are listed on the Pensacola condo communities, Escambia County condo communities and Santa Rosa County condo communities pages.
For sellers, association costs shape condo pricing statewide. Our Florida condo special assessments and Florida condo distress tracker pages cover those costs. Insurance budgets are on the Pensacola home insurance cost, Gulf Breeze home insurance cost and Navarre home insurance cost pages, and flood zone context is on the Pensacola flood zones by neighborhood page.
People also ask
How many condos are for sale in Pensacola?
Our live Pensacola MLS map showed 216 active condos and 48 under contract or pending in Escambia and Santa Rosa counties on October 28, 2026. The median active condo was priced at $439,000 and had been listed 72.5 days.
Are Pensacola condo prices dropping?
The September 2026 median condo sale price in the Pensacola MLS was $388,000 across 56 sales, 36.9 percent below a year earlier, in our Pensacola Market Pulse. With so few sales, the median shifts with the mix of buildings that closed. Price cuts on active condos from October 14 to 27 had a median of 2.4 percent.
Where are Perdido Key condo prices in October 2026?
Our live map showed 41 active Perdido Key condos on October 28, 2026 at a median asking price of $585,000 and a median 98 days listed, with 6 condos under contract or pending.
Limitations
Window counts come from the change log of our live Pensacola MLS feed, which records a change when our refresh sees it. A listing that changed more than once in a category within a window is counted once, and a change that happened and reversed between refreshes may be missed. Property type comes from the listing's MLS field. Contract counts are listings moving from active to under contract or pending and can differ from the monthly contract figures in the Market Pulse. Active and pending counts are a live map snapshot and can differ from inventory counts in monthly reports. Place names follow the listing address. Median prices mix unit sizes and locations. Figures may be revised as the MLS updates records. This article is general information, not advice about any specific property or transaction.
Sources and links
- Momentum Research, computed from Pensacola MLS records (listing change log, September 30 to October 27, 2026; live map snapshot, October 28, 2026). Listing data provided by the Pensacola Association of REALTORS® MLS. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
- Momentum Research, September 2026 Pensacola Market Pulse, closings through October 24, 2026.
- Full monthly series and per-feed attribution: Pensacola market data
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
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