The latest Panama City Florida real estate market update for April is available.
The trend continues similarly from last month: Condo sales were up which as decreased the absorption rate for condos.
In addition, home sales continue to rise, decreasing the absorption rate for home sales.
This shows a steady increase in sales over the last several months and that the market has turned.
Condos and homes – when they’re priced correctly are selling very quickly.
we have come into one of the busiest purchasing seasons for the Panama City and Panama City Beach real estate markets, and with the continuing increased sales trends – the time to purchase is now, not tomorrow!
Contact me today: (850) 774-6582. My team and I can help you purchase that wonderful vacation home or investment property while interest rates and prices are the lowest they’ve been in years.




May 2nd, 2009
Jennifer Mackay
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Great to hear the Panama City area has turned the corner. We’re lagging slightly behind here in Augusta, but there are good signs in terms of inventory staying low (instead of the usual Jan-Mar spike).
Joe,
Thanks for stopping by and glad your market is experiencing a similar turn around.
I’ve been very busy this month and it’s a good sign!
Jennifer