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PANAMA CITY BEACH
from 2021 | Bay County Annual Market Report | Berkshire Hathaway HomeServices
by Berkshire Hathaway HomeServices Beach Properties of Florida
20319 FRONT BEACH ROAD
PANAMA CITY BEACH
SINGLE FAMILY HOMES
YEAR
2020
2021
PERCENT CHANGE 1,139
1,287
13% $502,622,490
$681,652,674
36% $441,294
$529,645
20% $218
$261
20% 68
44
35% 97%
98%
1%
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
Home prices in Panama City Beach have shown very steady growth, consistent with the market, and we expect to see even more growth with new developments and more people discovering this iconic beach community.