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Panama City Beach Home Values and Market Report

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Report prepared by Mrbeachteam.com LPT Realty

Market at a glance

Over the last 12 months, homes sold for 95.1% of list price in 109 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $569K Sold · $535K
$700K$620K$540K$460K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 340 sales in Jul. Last month: 248.

Where the market stands

All homes in this report, by status.

5,814homes
Active2,269 · 39%
Under contract313 · 5%
Sold (12 mo)3,232 · 56%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

8.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$756K
Under contract$739K
Sold$528K

Average days on market

Active128 days
Under contract182 days
Sold109 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2,269
Average list price $755,797
Avg. days on market 128 days
Avg. price per ft² $434
Avg. living area 1,775 ft²
Avg. beds / baths 2.8 / 2.6

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Not enough data to chart this.

Bedroom mix

Number of homes by bedroom count.

371 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

17203 Front Beach Rd Unit # 2$976
8701 Surf Dr Unit # A$947
8711 Surf Dr$885
19106 Front Beach Rd Unit A$700
8000 Surf Dr Unit # 8$695
7505 Thomas Dr Unit UNIT 222B$648
8515 Surf Dr Unit UNIT 3$618

All active listings (2,269)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
23223 Front Beach Rd Unit # 327Panama City Beach, FL 32413 23983$499,000$5070 days
15100 Front Beach Road Unit 534Panama City Beach, FL 32413 —1—$239,000——
Joan AvenuePanama City Beach, FL 32408 ———$260,000——
330 Cyan Lane Unit 73Panama City Beach, FL 32407 33—$369,000——
7684 Solana Lane Unit 56Panama City Beach, FL 32408 43—$316,500——
7675 Grotto Lane Unit 20Panama City Beach, FL 32408 43—$302,500——
7681 Grotto Lane Unit 17Panama City Beach, FL 32408 43—$295,500——
7687 Grotto Lane Unit 14Panama City Beach, FL 32408 33—$292,500——
8007 Surf Dr Unit # APanama City Beach, FL 32408 553,076$1,800,000$5851 day
6908 Thomas DrivePanama City Beach, FL 32408 41—$1,900,000——
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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