Sales activity decreased slightly in comparison to the previous month in the Panama City Beach real estate market during October. There were 182 properties closed for homes and condominiums combined and 63 properties placed under contract. Alternatively, the Panama City market saw a slight increase in sales with 66 homes sold and 40 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was ranked in the top 4 agencies in Panama City Beach for the month, earning over $18 million in sales volume with 21.5 transaction sides and over $23 million in sales volume in Bay County.

The highest priced condo closed in Panama City Beach was a gulf front, three bedroom residence in En Soleil at $1.3 million.

The highest priced single family home to sell in Panama City Beach was a gulf view, four bedroom home in Bid a Wee at $2.765 million.

The highest priced single family home to sell in Panama City was a bay front, four bedroom home for $950,000.

The highest priced new construction, single family home to sell in Panama City was a five bedroom St. George plan in SweetBay at $723,264.