Sales activity continued to increase in the Panama City Beach real estate market during March with 168 properties closed for homes and condominiums combined and 138 contracts secured. In Panama City, sales remained consistent with the previous month with 45 homes sold and 47 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was among the top four agencies in the Panama City Beach market in sales volume earning over $10.4 million with 24 transactions and earning over $13 million across Bay County during March.
The highest priced condo closed in Panama City Beach was a gulf front, three-bedroom residence in En Soleil at $1.45 million.
The highest priced single-family home to sell in Panama City Beach was a gulf front, seven-bedroom home in Hollywood Beach at $6.25 million.
The highest priced single-family home to sell in Panama City was a five-bedroom home in SweetBay at $714,028.
The highest priced new construction, single family home to sell in Panama City was a five-bedroom Ramsey plan in SweetBay at $714,028.
