BAY COUNTY
Q2 2023 Market Report
Q2 2023 ACCOLADES
# 1
BROKERAGE ON 30A
*Transactions
# 3
BROKERAGE ON ST GEORGE ISLAND + APALACHICOLA
*Volume TOP 4
BROKERAGE IN PANAMA CITY BEACH
*Transactions + Volume
# 10 OFFICE GLOBALLY
30A HEADQUARTERS
WITHIN BERKSHIRE HATHAWAY HOMESERVICES
*Gross Commission Income 2022
# 23 BROKERAGE GLOBALLY
WITHIN BERKSHIRE HATHAWAY HOMESERVICES
*Gross Commission Income 2022
TOP 50
BROKERAGE GLOBALLY WITHIN BERKSHIRE HATHAWAY HOMESERVICES
ANNUALLY SINCE 2016
*Gross Commission Income
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 2
TABLE OF CONTENTS
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 3
Q2 2023 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
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
Q2 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 $210,752,488 $241,192,888 14%
HOMES 0.3% 2% 2% 175% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 305 $ 351 304 $ 357 305 304 0.3% $690,992 $793,398 15% $351 $357 2% 28 77 175% 99% 97% 2% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 28 Q2 2022 77 Q2 2023 97 % Q2 2023 99 % Q2 2022 Q2 2022 Q2 2022 Q2 2023 Q2 2023 Q2 2022 Q2 2023 PERCENT CHANGE Q2 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
SINGLE FAMILY
PANAMA CITY BEACH CONDOS
PANAMA CITY BEACH CONDOS
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 9
22% 5% 2% 165% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 468 $ 430 367 $ 450 468 367 22% $228,827,228 $173,572,912 24% $488,947 $472,951 3% $430 $450 5% 23 61 165% 99% 97% 2% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 23 Q2 2022 61 Q2 2023 97 % Q2 2023 99 % Q2 2022 Q2 2022 Q2 2022 Q2 2023 Q2 2023 Q2 2022 Q2 2023 PERCENT CHANGE Q2 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
CONDOMINIUMS
PANAMA CITY
SINGLE FAMILY
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 11
PANAMA CITY
20% 4% 1% 83% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 619 $ 177 495 $ 183 619 495 20% $204,342,819 $167,430,174 18% $330,118 $338,243 2% $177 $183 4% 30 55 83% 99% 98% 1% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 30 Q2 2022 55 Q2 2023 98 % Q2 2023 99 % Q2 2022 Q2 2022 Q2 2022 Q2 2023 Q2 2023 Q2 2022 Q2 2023 PERCENT CHANGE Q2 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
HOMES
NEW CONSTRUCTION | BAY COUNTY
SINGLE FAMILY HOMES
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA 13
NEW CONSTRUCTION | BAY COUNTY
37% 13% 0% 95% NUMBER OF SALES AVERAGE SOLD PRICE PER SQUARE FOOT PERCENTAGE OF LIST PRICE SOLD AVERAGE DAYS ON MARKET 127 $ 222 80 $ 194 127 80 37% $56,028,230 $25,895,624 54% $441,167 $323,695 27% $222 $194 13% 20 39 95% 100% 100% 0% NUMBER OF SALES YEAR SOLD VOLUME AVERAGE SOLD PRICE AVERAGE PRICE SF AVERAGE DAYS ON MARKET % OF LIST PRICE SOLD 20 Q2 2022 39 Q2 2023 100 % Q2 2023 100 % Q2 2022 Q2 2022 Q2 2022 Q2 2023 Q2 2023 Q2 2022 Q2 2023 PERCENT CHANGE Q2 2023 MARKET REPORT | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
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