Sales declined in the Panama City Beach real estate market during April with 210 properties closed for homes and condominiums combined and 98 properties placed under contract. In the Panama City market, activity also decreased with 50 homes sold and 22 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida earned nearly $13 million in sales volume with 18 transaction sides in Panama City Beach and over $14.4 million in sales volume in Bay County.
The highest priced condo closed in Panama City Beach was a gulf front, four bedroom residence in En Soleil at $1.45 million.
The highest priced single family home to sell in Panama City Beach was a gulf front, eight bedroom home on the west end at $6.2 million.
The highest priced single family home to sell in Panama City was a bayou front, four bedroom home at $1.025 million.
The highest priced new construction, single family home to sell in Panama City was a three bedroom home in SweetBay at $535,825.