Real estate sales remained steady for the Panama City Beach market during October with 247 properties sold for homes and condominiums combined and 139 new contracts secured. The Panama City market was also active with 73 homes sold and 31 new contracts. Berkshire Hathaway HomeServices Beach Properties of Florida was ranked in the top 6 agencies for the month, earning $9.3 million in sales volume with 25 transaction sides in the Panama City Beach market and over $16 million in sales volume overall in Bay County.
The highest priced condo closed in Panama City Beach was a gulf front, three bedroom penthouse residence in Aqua at $1.01 million.
The highest priced single family home to sell in Panama City Beach was gulf front, seven bedroom property with a private pool at $2.95 million.
The highest priced single family home to sell in Panama City was a five bedroom residence in Island View Estates at $675,000.
The highest priced new construction, single family home to sell in Panama City was a three bedroom Captiva plan in SweetBay at $503,000.