Sales remained consistent for the Panama City Beach market during May with 267 properties closed for homes and condominiums combined and 116 properties placed under contract. The Panama City market was also steady with 68 homes sold and 33 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was ranked in the top 3 agencies in Panama City Beach for the month, earning nearly $21 million in sales volume with 38.5 transaction sides and nearly $24 million overall in Bay County.
The highest priced condo closed in Panama City Beach was a gulf front, three bedroom residence in Calypso Towers II at $1.3 million.
The highest priced single family home to sell in Panama City Beach was a bay front, six bedroom estate on 3.1 acres in Delwood Beach at $7.5 million.
The highest priced single family home to sell in Panama City was new construction, five bedroom home in SweetBay at $888,229.
The highest priced new construction, single family home to sell in Panama City was a five bedroom St. George plan in SweetBay at $888,229.