Florida real estate – Panama City Market Statistics
Posted on July 1, 2009
Filed Under Florida Real Estate Market Update | No Comments yet, your thoughts are welcome
The Florida Real Estate Market statistics and summaries for the Panama City area for June, 2009 are now available for your convenience and download.
The Panama City Florida real estate market continues to maintain itself 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 sale closings. In addition, smartly market priced condos continue to sell well.
- Single family home sales continue to increase also due to the short sale and foreclosure market.
- While the average single family home price decreased slightly.
If you are considering purchasing a home, condo or commercial property contact me directly. The Panama City Real Estate team and I are here to help you make your next purchase as easy and stress free as possible.
There are a lot of good deals currently on the market. Not only short sales and foreclosure, but also well priced homes and condos for today’s market.
Buyers, if your agent is not showing you ALL the available sales, contact me directly. It’s not just a short sale and foreclosure market. There are many condos and homes priced to sell in today’s market.
Sellers, we have many buyers currently shopping for homes, condos and other property types. Contact me today to have your property Sold (not listed) by the Panama City Real Estate Team.
Best wishes to all…
Jennifer Mackay
850-774-6582
www.jennifermackay.com
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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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