September brought a decrease in sales to the Panama City Beach real estate market with 160 properties closed for homes and condominiums combined and 58 properties placed under contract. In the Panama City market, activity also decreased with 43 homes sold and 18 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was among the top sales agencies for Panama City Beach earning over $5.6 million in sales volume with 10 transaction sides in Panama City Beach.
The highest priced condo closed in Panama City Beach was a gulf front, five-bedroom penthouse in Watercrest Condominium at $2.5 million.
The highest priced single-family home to sell in Panama City Beach was a gulf front, six-bedroom home in Margaritaville Cottages at $3.995 million.
The highest priced single family home to sell in Panama City was a canal front, four-bedroom home in Kings Point at $975,000.
The highest priced new construction, single family home to sell in Panama City was a four-bedroom Santa Rosa plan in SweetBay at $769,165.