Sales decreased slightly in the Panama City Beach real estate market during November with 127 properties closed for homes and condominiums combined and 110 properties placed under contract. In the Panama City market, activity increased with 50 homes sold and 44 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was among the top 4 sales agencies for Panama City Beach earning over $10.5 million in sales volume with 19 transaction sides in Panama City Beach and over $11.6 million across Bay County during November.
The highest priced condo closed in Panama City Beach was a gulf front, three-bedroom residence in En Soleil at $1.5 million.
The highest priced single-family home to sell in Panama City Beach was a gulf front, six-bedroom home in Margaritaville Cottages at $4.15 million.
The highest priced single-family home to sell in Panama City was a four-bedroom home in SweetBay at $765,262.
The highest priced new construction, single family home to sell in Panama City was a four-bedroom Santa Rosa plan in SweetBay at $765,262.
