2023
BAY COUNTY
Q1
Market Report
# 1
BROKERAGE ON 30A
*Transactions # 1
BROKERAGE IN SOUTH WALTON
*Transactions # 1
BROKERAGE ON ST GEORGE ISLAND + APALACHICOLA
*Volume TOP 4
LISTING BROKERAGE IN PANAMA CITY BEACH
*Transactions + Volume # 10
OFFICE
WITHIN GLOBAL BERKSHIRE HATHAWAY HOMESERVICES NETWORK
30A HEADQUARTERS
*Gross Commission Income 2022
# 23 GLOBALLY
BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES
*Gross Commission Income 2022
Top 50 Annually Since 2016
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 2
Q1 2023 ACCOLADES
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 3 bay county PANAMA CITY BEACH 6 PANAMA CITY BEACH CONDOS 8 PANAMA CITY 10 NEW CONSTRUCTION | BAY COUNTY 12
Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
TABLE OF CONTENTS
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 4 Northwest Florida Beaches International Airport Destin Ft. Walton Beach Sandestin Blue Mountain Beach Seaside WaterColor Seagrove WaterSound Beach Rosemary Beach Panama City Beach West Bay Choctawhatchee Bay 5 98 1 4 2 331 79 3 1. destin 151 Regions Way, Suite 4A Destin, FL 32541 850.502.2120 2. watercolor main 28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006 3. watercolor crossings 49A WaterColor Way Santa Rosa Beach, FL 32459 850.213.5450 4. watersound beach 6652 E Co Hwy 30A, Ste 110 WaterSound, FL 32461 850.213.5150 5. pier park 15750 Panama City Beach Pkwy, #140 Panama City Beach, FL 32413 850.252.4160 6. windmark beach 101 Goodmorning Street Port St. Joe, FL 32456 850.296.3716 7. st. george island 140 West 1st Street, Ste B St. George Island, FL 32328 850.990.0020 OFFICE LOCATIONS
Gulf of Mexico
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 5 International Lynn Haven Mexico Beach WindMark Beach Cape San Blas Apalachicola National Forest St. George Island Port St. Joe Apalachicola Tyndall AFB Tallahassee Eastpoint Carrabelle Panama City Apalachicola Bay 71 98 231 20 20 6 7
Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY BEACH
PANAMA CITY BEACH
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 7 $178,644,985 $162,279,449 9%
FAMILY HOMES 21% 9% 2% 117% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 307 $ 303 241 $ 329 307 241 21% $581,905 $673,359 16% $303 $329 9% 36 78 117% 99% 97% 2% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 36 Q1 2022 78 Q1 2023 97 % Q1 2023 99 % Q1 2022 Q1 2022 Q1 2022 Q1 2023 Q1 2023 Q1 2022 Q1 2023 PERCENT CHANGE Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE
PANAMA CITY BEACH CONDOS
PANAMA CITY BEACH CONDOS
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 9
41 Q1 2022 72 Q1 2023 96 % Q1 2023 99 % Q1 2022 47% 7% 3% 76% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET Q1 2022 Q1 2022 Q1 2023 Q1 2023 564 $ 411 298 $ 439 Q1 2022 Q1 2023 PERCENT CHANGE 564 298 47% $253,505,984 $145,718,553 43% $449,479 $488,988 9% $411 $439 7% 41 72 76% 99% 96% 3% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY
SINGLE FAMILY HOMES
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 11
PANAMA CITY
24% 7% 1% 56% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 533 $ 164 407 $ 176 533 407 24% $167,517,605 $136,756,518 18% $314,292 $336,011 7% $164 $176 7% 41 64 56% 99% 98% 1% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 41 Q1 2022 64 Q1 2023 98 % Q1 2023 99 % Q1 2022 Q1 2022 Q1 2022 Q1 2023 Q1 2023 Q1 2022 Q1 2023 PERCENT CHANGE Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NEW CONSTRUCTION | BAY COUNTY
SINGLE FAMILY HOMES
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 13
NEW CONSTRUCTION | BAY COUNTY
2% 79% 1% 200% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 41 $ 233 40 $ 418 41 40 2% $19,605,674 $40,169,558 105% $478,187 $1,004,239 110% $233 $418 79% 17 51 200% 100% 99% 1% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 17 Q1 2022 51 Q1 2023 99 % Q1 2023 100 % Q1 2022 Q1 2022 Q1 2022 Q1 2023 Q1 2023 Q1 2022 Q1 2023 PERCENT CHANGE Q1 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
©2023 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. For You For Life EMERALD COAST | SOUTH WALTON | BAY COUNTY | FORGOTTEN COAST Get to know us at BeachPropertiesFLA.com
