June Sales in Review · Panama City & Panama City Beach

July 7, 2023

Sales rose slightly in the Panama City Beach real estate market during June with 239 properties closed for homes and condominiums combined and 123 properties placed under contract. In the Panama City market, activity slightly decreased with 58 homes sold and 47 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was in the top 5 sales agencies for Panama City Beach earning over $12 million in sales volume with 20.5 transaction sides in Panama City Beach and nearly $16 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 $1.05 million.


The highest priced single-family home to sell in Panama City Beach was a gulf front, six-bedroom home at $4.5 million.


The highest priced single family home to sell in Panama City was a bay front, five-bedroom home in Bunkers Cove at $1.725 million.


The highest priced new construction, single family home to sell in Panama City was a four-bedroom Madeira plan in SweetBay at $567,444.