Panama City Real Estate – Market Summary

Posted on July 31, 2008
Filed Under Florida Real Estate Market Update | No Comments yet, your thoughts are welcome

Panama City Real Estate Market GraphAs usual, thanks to every one of my wonderful customers July has been a very exciting and busy month.

With the addition of a new team member (Leslie J. Newmans) as well as additional resources to assist my customers, I continue to set the standard in the Panama City Real Estate market.

As usual, I’ve posted the latest Panama City Florida Real Estate market summary from BCAR for your convenience here

Single family home prices and the number of new listings dropped slightly from the previous month, however that’s not necessarily bad news.

Why?

We’ve had quite a few homes on the market where the pricing has not matched the market trends.  Typically, this means they are priced above market price and buyers pass them by without notice.

As more of these over priced listings fall out of the market, or have their prices adjusted and sell, we’ll see more movement and improvement in our local Panama City Real Estate inventory.  And that’s a good thing!

In addition this month, myself and many other agents are attending the Keller Williams Mega and bringing with us many developer and builder projects.

Our goal is to offer these projects to outside investors and developers and “kick start” additional purchasing and development interest in the Panama City and Bay County Real Estate market.

Read more about my offer for developers and  builders as well as the Keller Williams Mega camp here.

There is quite a bit of positive growth in the Panama City Florida Real Estate market and as always I’ll be there to help and guide you every step of the way.

Author : Jennifer Mackay - Posts:284

Jennifer Mackay is an award winning real estate agent and Keller Williams team leader in the Panama City Florida area. Her website: Panama City Real Estate provides guidance, information and free buying and purchasing features for registered visitors. Follow: @realtorjennifer | Facebook

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