Panama City Florida Area Index

Panama City Real Estate

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Panama City Real Estate | Office Location Panama City Real Estate
Keller Williams Success Realty
309 Richard Jackson Blvd., Suite 200
Panama City Beach, Florida 32407
Phone: (850) 774-6582
Fax: (850) 522-3967

Panama City Florida Real Estate Market Update

Florida real estate market summaries: Condos and homes sales and statistics.

There are currently 3 blog entries related to this category.

Tax Credit Deadline

Saturday, April 24th, 2010 at 5:48am. 288 Views, 0 Comments.

From Realtor.org...

Nearly half the homes sold in March – 48.2 percent – were purchased by first-time buyers, according to a survey of more than 1,500 real estate practitioners by Campbell/Inside Mortgage Finance.

"Many observers had felt that the pool of first time home buyers had been depleted last fall," Thomas Popik, research director for Campbell Surveys, said in a statement. "Instead, the normal spring-summer buying season is combining with the tax credit to produce blow-out results for first-time home buyers."

Panama City Commercial Real Estate Market Is Looking Up


Despite the rising number of defaults, the commercial real estate market is improving.

Prices are up. Commercial real estate values have risen 6 percent in recent months, according to…

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Florida Real Estate | Panama City Real Estate Market Update | July 2009

Wednesday, August 5th, 2009 at 10:47am. 763 Views, 3 Comments.

Panama City Real Estate Market Update - July 2009

While the numbers are not what they were last month, there is significant stabilization in the Panama City Real Estate market for July.

Condo sales were down slightly last month yet Single family home sales were up.

While condo prices dropped slightly, single family home prices remained relatively steady.

View the complete analysis and summary of the Panama City Real Estate Market for July.

How This Affects Panama City Home and Condos Sellers...

Panama City Beach Condo sellers who do not have to sell, will have a shorter wait time before placing their condos on the market.  We are still a few months away from condo prices increasing but we may see slight increases as we move into the next…

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Panama City Florida Real Estate | Market Update

Wednesday, July 1st, 2009 at 8:34am. 812 Views, 5 Comments.

The local Residential Panama City Florida Real Estate Market statistics and summaries for June, 2009 are now available for your convenience.

For the most part, the market continues to hold steady with slight increases and decreases in expected areas:

  • An increase in expired listings shows agents continue to take overpriced listings that will not sell in today's market.  Sellers must be educated when pricing their homes for sale.  It remains a buyers market and homes must be priced accordingly.
  • Condo sales decreased slightly in part due to short sales and foreclosures as well as low appraisal values.  The time-to-close factor plays a significant role in actual sales.  In addition, smartly market priced condos continue to sell well.
  • Single family home…

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