Sales remained steady in the Panama City Beach real estate market during October with 161 properties closed for homes and condominiums combined and 91 properties placed under contract. In the Panama City market, activity increased with 46 homes sold and 48 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was among the top 4 sales agencies for Panama City Beach earning over $7 million in sales volume with 19 transaction sides in Panama City Beach and over $14 million across Bay County during October.
The highest priced condo closed in Panama City Beach was a gulf front, three-bedroom residence in Hidden Dunes Condominium at $1.075 million.
The highest priced single-family home to sell in Panama City Beach was a lake front, four-bedroom home in The Point at Lake Powell at $3.1 million.
The highest priced single family home to sell in Panama City was a bay front, six-bedroom home in Bunkers Cove at $2.125 million.
The highest priced new construction, single family home to sell in Panama City was a four-bedroom Sanibel plan in SweetBay at $757,870.