2019 finished on a high note with an increase in residential real estate sales for the Panama City Beach market. 119 condos and homes closed and 96 new contracts were secured during December.

Berkshire Hathaway HomeServices Beach Properties of Florida finished in the top 5 sales agencies in the Panama City Beach market. The company earned nearly $7 million in sales volume with 22 transaction sides. 

The highest priced condo closed was a beachfront 3 bedroom, 3 bathroom in Sterling Beach Condo at $654,950. The condo community with the highest number of closings was Laketown Wharf with 17 sales.

The highest priced home to sell was a waterfront estate home in the Preserve on the Bay at $2.1 million. Breakfast Point was the community with the most single family home sales with 11 closings.

*Market data for 12/01/19 to 12/31/19 as of 1/04/20. Information reported is deemed reliable but is not guaranteed. © 2020 MLS and FBS.