August 2026 Gulf Coast Commercial Market Report
Figures from Gulf Coast CMLS. See the latest report
Sales closed26Commercial
Leases closed52Commercial
Median sale price$412,500Commercial sales
Average sale price$642,008Commercial sales
Average lease rate$21.21Per sq. ft.
Active listings2,818Sale and lease
Pending174Sale and lease
Days on market373 / 225Sold / Leased
August highlights
- Commercial sales were down 40.9% from July 2026.
- Commercial leases were up 15.5% from July 2026.
- New commercial listings were down 9.2% from July 2026.
- Pending sales and leases were down 2.2% from July 2026.
- Year-to-date sales volume for 2026 stands at $325,582,965.
2026 trends
Sales and leases closed
SalesLeases
Median and average sale price
MedianAverage
Average days on market
SoldLeased
Listings inventory, sale and lease
For saleFor lease
2026 month by month
| Month | Sales | Leases | Median price | Average price | Lease rate / sq. ft. | Days on market, sold | Days on market, leased | Active | Pending |
|---|---|---|---|---|---|---|---|---|---|
| August 2026 | 26 | 52 | $412,500 | $642,008 | $21.21 | 373 | 225 | 2,818 | 174 |
| July 2026 | 44 | 45 | $525,000 | $989,551 | $19.50 | 354 | 246 | 2,848 | 178 |
| June 2026 | 45 | 54 | $475,000 | $818,000 | $18.87 | 395 | 232 | 2,663 | 168 |
| May 2026 | 55 | 54 | $385,000 | $1,548,489 | $15.30 | 354 | 163 | 2,730 | 158 |
| April 2026 | 49 | 79 | $460,000 | $742,648 | $17.12 | 340 | 325 | 2,795 | 176 |
| March 2026 | 42 | 65 | $465,000 | $545,605 | $17.44 | 400 | 372 | 2,859 | 167 |
| February 2026 | 38 | 43 | $357,500 | $715,578 | $19.23 | 364 | 281 | 2,697 | 188 |
| January 2026 | 51 | 70 | $265,000 | $615,014 | $17.57 | 368 | 324 | 2,849 | 181 |
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 August 2026 report.
Want to know how these numbers apply to a specific property or lease? Ask us.
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