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ST. GEORGE ISLAND

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PANAMA CITY

PANAMA CITY

1732 MAGNOLIA ROAD

ST. GEORGE ISLAND

SINGLE FAMILY HOMES

YEAR

2021

2022

PERCENT CHANGE 149

120

19% $172,883,784

$153,697,348

11% $1,160,294

$1,280,811

10% $503

$589

17% 73

77

5% 96%

95%

1%

NUMBER OF SALES

SOLD VOLUME

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET

% OF LIST PRICE SOLD

After the tremendous growth in average sales prices for the island, 2022 brought less dramatic increases and a softening in number of sales. The attractive price points and relaxed lifestyle remain appealing to buyers wishing to move away from the extreme growth of other areas of the Gulf Coast.

NUMBER OF SALES 149

2021

120

2022 AVERAGE SOLD PRICE PER SQUARE FOOT 503

2021

589

2022 PERCENTAGE OF LIST PRICE SOLD 96%

2021

95%

2022

AVERAGE DAYS ON MARKET 73

2021

77

2022

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