Bay City Realty

July 2026 Gulf Coast Commercial Market Report

Figures from Gulf Coast CMLS. See the latest report

Sales closed44Commercial
Leases closed45Commercial
Median sale price$525,000Commercial sales
Average sale price$989,551Commercial sales
Average lease rate$19.50Per sq. ft.
Active listings2,848Sale and lease
Pending178Sale and lease
Days on market354 / 246Sold / Leased

July highlights

  • Commercial sales were down 2.2% from June 2026.
  • Commercial leases were down 16% from June 2026.
  • New commercial listings were up 22.7% from June 2026.
  • Pending sales and leases were up 5.9% from June 2026.
  • Year-to-date sales volume for 2026 stands at $308,890,751.

2026 trends

Sales and leases closed

SalesLeases
020406080January 2026 – Sales: 51January 2026 – Leases: 70JanFebruary 2026 – Sales: 38February 2026 – Leases: 43FebMarch 2026 – Sales: 42March 2026 – Leases: 65MarApril 2026 – Sales: 49April 2026 – Leases: 79AprMay 2026 – Sales: 55May 2026 – Leases: 54MayJune 2026 – Sales: 45June 2026 – Leases: 54JunJuly 2026 – Sales: 4444July 2026 – Leases: 4545Jul

Median and average sale price

MedianAverage
$0$500K$1M$1.5M$2MJanuary 2026 – Median: $265,000February 2026 – Median: $357,500March 2026 – Median: $465,000April 2026 – Median: $460,000May 2026 – Median: $385,000June 2026 – Median: $475,000July 2026 – Median: $525,000January 2026 – Average: $615,014February 2026 – Average: $715,578March 2026 – Average: $545,605April 2026 – Average: $742,648May 2026 – Average: $1,548,489June 2026 – Average: $818,000July 2026 – Average: $989,551$525,000$989,551JanFebMarAprMayJunJul

Average days on market

SoldLeased
0100200300400January 2026 – Sold: 368February 2026 – Sold: 364March 2026 – Sold: 400April 2026 – Sold: 340May 2026 – Sold: 354June 2026 – Sold: 395July 2026 – Sold: 354January 2026 – Leased: 324February 2026 – Leased: 281March 2026 – Leased: 372April 2026 – Leased: 325May 2026 – Leased: 163June 2026 – Leased: 232July 2026 – Leased: 246354246JanFebMarAprMayJunJul

Listings inventory, sale and lease

For saleFor lease
1,2001,4001,6001,800July 2025 – For sale: 1,775August 2025 – For sale: 1,673September 2025 – For sale: 1,717October 2025 – For sale: 1,717November 2025 – For sale: 1,701December 2025 – For sale: 1,794January 2026 – For sale: 1,629February 2026 – For sale: 1,638March 2026 – For sale: 1,706April 2026 – For sale: 1,615May 2026 – For sale: 1,628June 2026 – For sale: 1,606July 2026 – For sale: 1,623July 2025 – For lease: 1,327August 2025 – For lease: 1,285September 2025 – For lease: 1,289October 2025 – For lease: 1,289November 2025 – For lease: 1,302December 2025 – For lease: 1,268January 2026 – For lease: 1,223February 2026 – For lease: 1,229March 2026 – For lease: 1,299April 2026 – For lease: 1,240May 2026 – For lease: 1,260June 2026 – For lease: 1,225July 2026 – For lease: 1,3031,6231,303Jul '25AugSepOctNovDecJanFebMarAprMayJunJul '26

2026 month by month

MonthSalesLeasesMedian priceAverage priceLease rate / sq. ft.Days on market, soldDays on market, leasedActivePending
July 20264445$525,000$989,551$19.503542462,848178
June 20264554$475,000$818,000$18.873952322,663168
May 20265554$385,000$1,548,489$15.303541632,730158
April 20264979$460,000$742,648$17.123403252,795176
March 20264265$465,000$545,605$17.444003722,859167
February 20263843$357,500$715,578$19.233642812,697188
January 20265170$265,000$615,014$17.573683242,849181

The average sale price swings from month to month because it reflects whichever properties happened to close. The median is the steadier guide.

Past reports

2026 market reports

About these figures

Every number on this page comes from the monthly market statistics published by Gulf Coast CMLS (copyright Pensacola Association of REALTORS, Inc.). They describe commercial listings in that system as a whole, not any single property or submarket, and are reported here as published. View the original July 2026 report.

Want to know how these numbers apply to a specific property or lease? Ask us.

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