Real estate activity decreased slightly in the Panama City Beach real estate market during August with 167 properties closed for homes and condominiums combined and 97 contracts secured. In Panama City, 49 homes sold and 29 new contracts were recorded while in Lynn Haven, 27 homes sold with 14 properties place under contract. Berkshire Hathaway HomeServices Beach Properties of Florida earned over $8 million with 18 transactions and over $11 million across Bay County during August.
The highest priced condo closed in Panama City Beach was a gulf front, three-bedroom residence in Seychelles Resort Condo at $825,000.
The highest priced single-family home to sell in Panama City Beach was a gulf front, six-bedroom home in Lullwater Beach at $4.4 million.
The highest priced single-family home to sell in Panama City was a six-bedroom home in SweetBay for $1.056 million.
The highest priced single-family home to sell in Lynn Haven was a canal front, four-bedroom home at $620,000.
