The Panama City Beach market slowed slightly during July with 164 properties closed for homes and condominiums combined and 89 properties placed under contract. The Panama City market was consistent with 58 homes sold and 48 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was ranked in the top 5 agencies in Panama City Beach for the month, earning over $8.7 million in sales volume with 17 transaction sides and over $13 million overall in Bay County.
The highest priced condo closed in Panama City Beach was a gulf front, three bedroom residence in Aqua at $1.16 million.
The highest priced single family home to sell in Panama City Beach was a canal front, four bedroom home in Woodlawn at $2.9 million.
The highest priced single family home to sell in Panama City was new construction, five bedroom home in SweetBay at $748,751.
The highest priced new construction, single family home to sell in Panama City was a five bedroom Marco plan in SweetBay at $748,751.