Sales fell slightly for the Panama City Beach market during April with 277 properties closed for homes and condominiums combined and 116 properties placed under contract. The Panama City market was also active with 90 homes sold and 36 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was ranked in the top 5 agencies in Panama City Beach for the month, earning nearly $17 million in sales volume with 29 transaction sides.
The highest priced condo closed in Panama City Beach was a gulf front, four bedroom residence in Sterling Beach Condos at $1.35 million.
The highest priced single family home to sell in Panama City Beach was a gulf view, five bedroom property in Sunnyside at $3.55 million.
The highest priced single family home to sell in Panama City was a bay front, three bedroom residence in Bunker’s Cove at $1 million.
The highest priced new construction, single family home to sell in Panama City was a four bedroom Navarre plan in SweetBay at $525,367.