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Panama City Beach Market Report

$445,559

AVERAGE PRICE OF 1,811 HOMES

$271,333

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,119,347

AVERAGE PRICE OF 66 MULTI-MILLION DOLLAR HOMES

$481,919

AVERAGE PRICE OF 521 NEWLY BUILT HOMES

$460,081

AVERAGE PRICE OF 1,232 HOMES WITH A POOL

$439,072

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $445,559
Avg Bedrooms 1.99 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $246,553
2 bedrooms $373,434
3 bedrooms $472,962
4 bedrooms $655,052
5 bedrooms $1,350,407
Panama City Beach Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 1,975 1,860 1,826 1,758 1,709
Average Price $446,222 $450,861 $455,590 $467,141 $478,332
Avg Price Change -1.04% -1.05% -2.54% -2.40% -0.62%
Median Price $359,284 $361,584 $360,147 $361,825 $364,822
Med Price Change -0.64% +0.40% -0.47% -0.83% +1.63%
Avg Bedrooms 1.98 beds 1.97 beds 1.98 beds 2.51 beds 2.38 beds
Avg Bathrooms 1.99 baths 1.98 baths 2 baths 2.51 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,796 $354,882 144 days
Bay 1 $499,900 7 days
Not A Local School 1 $459,000 11 days
South Walton 12 $859,378 66 days
St. Joe 1 $449,000 207 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,811 $445,559 110 days
Distressed Homes 6 $271,333 125 days
Multi-Million Dollar Homes 66 $2,119,347 171 days
Newly Built Homes 521 $481,919 301 days
Homes with a Pool 1,232 $460,081 120 days
Reduced Price Homes 44 $439,072 100 days
Nathan Abbott Team / ResortQuest Real Estate
9657 US Hwy 98
Miramar Beach, FL 32550
850-632-0284
850-803-7653

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated November 12, 2019

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated November 12, 2019
The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated November 12, 2019
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