Sales climbed significantly in the Panama City Beach real estate market during March with 256 properties closed for homes and condominiums combined (up from 151 in February) and 109 properties placed under contract. In the Panama City market, activity also increased with 72 homes sold and 27 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was ranked in the top 5 agencies in Panama City Beach for the month, earning over $14.3 million in sales volume with 23.5 transaction sides and nearly $17 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 $3.1 million.
The highest priced single family home to sell in Panama City Beach was a gulf front, nine bedroom home in Hollywood Beach at $6.35 million
The highest priced single family home to sell in Panama City was a bay front, six bedroom home at $1.775 million.
The highest priced new construction, single family home to sell in Panama City was a four bedroom Santa Rosa plan in SweetBay at $785,625.
