B AY C O U N T Y Q1 2024 Market Report
# 1
LISTING BROKERAGE ON 30A
*Transactions
#1
LISTING BROKERAGE IN SOUTH WALTON
*Transactions & Volume
#1
LISTING BROKERAGE IN PANAMA CITY BEACH
*Volume
#1
BROKERAGE ON ST. GEORGE ISLAND + APALACHICOLA
*Volume
#26 GLOBALLY
BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES NETWORK
*2023 Gross Commission Income
$1,371,921,000
TOTAL SALES VOLUME | 2023
Q1 2024 ACCOLADES
2 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
bay county PANAMA CITY BEACH 6 PANAMA CITY BEACH CONDOS 8 PANAMA CITY 10 NEW CONSTRUCTION | BAY COUNTY 12
OF
3 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
TABLE
CONTENTS
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 4 98 1 3 2 331 79 Gulf of Mexico 1. destin 151 Regions Way, Suite 4A Destin, FL 32541 850.502.2120
watercolor main 28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006
watersound beach
E Co Hwy 30A, Ste 110 Watersound, FL 32461 850.213.5150
watersound
Origins Main Street, Suite 101 Watersound, FL 32461 850.213.5170
pier park
Panama City Beach Pkwy, #140 Panama City Beach, FL 32413
windmark beach 101 Goodmorning Street Port St. Joe,
32456
2.
3.
6652
4.
community discovery center 34
5.
15750
850.252.4160 6.
FL
850.296.3716
Street,
4 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
7. st. george island 140 West 1st
Ste B St. George Island, FL 32328 850.990.0020 OFFICE LOCATIONS
International
Beach WindMark Beach
San
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 5 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
Lynn Haven Mexico
Cape
Blas
PANAMA CITY BEACH
6 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
144 DUPREE STREET
Q1 2023 Q1 2024 PERCENT CHANGE 241 208 14% $162,279,449 $133,451,161 18% $673,359 $641,593 5% $329 $315 4% 78 85 9% 97% 96% 1% 14% 4% 1% 9% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 241 $ 329 208 $ 315 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD PANAMA CITY BEACH 78 Q1 2023 85 Q1 2024 96 % Q1 2024 97 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 7 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE FAMILY HOMES
PANAMA CITY BEACH CONDOS
8 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
Q1 2023 Q1 2024 PERCENT CHANGE 298 240 19% $145,718,553 $111,516,483 23% $488,988 $464,652 5% $439 $409 7% 72 80 11% 96% 95% 1% 19% 7% 1% 11% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 298 $ 439 240 $ 409 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD PANAMA CITY BEACH CONDOS 72 Q1 2023 80 Q1 2024 95 % Q1 2024 96 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 9 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY
10 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
Q1 2023 Q1 2024 PERCENT CHANGE 407 367 10% $136,756,518 $121,996,528 11% $336,011 $332,416 1% $176 $187 6% 64 70 9% 98% 98% 0% 10% 6% 0% 9% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 407 $ 176 367 $ 187 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD PANAMA CITY 64 Q1 2023 70 Q1 2024 98 % Q1 2024 98 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 11 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE FAMILY HOMES
NEW CONSTRUCTION | BAY COUNTY
BREAKFAST POINT EAST
12 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
FAMILY HOMES Q1 2023 Q1 2024 PERCENT CHANGE 40 33 18% $40,169,558 $14,366,668 64% $1,004,239 $435,354 57% $418 $235 44% 51 47 8% 99% 99% 0% 18% 44% 0% 8% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 40 $ 418 33 $ 235 NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQ. FT. AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD NEW CONSTRUCTION | BAY COUNTY 51 Q1 2023 47 Q1 2024 99 % Q1 2024 99 % Q1 2023 Q1 2023 Q1 2023 Q1 2024 Q1 2024 13 Q1 2024 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE
For You For Life EMERALD COAST | SOUTH WALTON | BAY COUNTY | FORGOTTEN COAST Get to know us at bhhsbeachproperties.com Market data for Q1 2024 as of 4/5/24. Infromation reported is deemed reliable but is not guaranteeed. ©2024 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.
