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PANAMA CITY
from 2022 Annual Market Report | Forgotten Coast | Berkshire Hathaway HomeServices Beach Properties of FL
by Berkshire Hathaway HomeServices Beach Properties of Florida
PANAMA CITY
SINGLE FAMILY HOMES
YEAR
2021
2022
PERCENT CHANGE 2,189
2,129
3% $616,263,999
$702,666,865
14% $281,528
$330,045
17% $147
$175
19% 42
39
7% 98%
98%
0%
NUMBER OF SALES
SOLD VOLUME
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
With appealing price points and a continued rejuvenation of the city drawing new buyers, the Panama City market experienced a very low decrease in number of sales and an increase in sold volume during 2022.
