The buyers market of Pensacola, Florida, is seeing prices in a downward trend.
Experts are predicting prices to level out, with the average sold price so far for 2007 around $227,000.
With a large inventory of homes available, days on market has increased to 137 days -- from 98 in 2006 and just 61 in the boom year of 2005.
Homes are selling for around 95.20 percent of their asking price.
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Published: September 21, 2007
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