Florida real estate – Panama City Market Statistics | August 2009
Posted on September 4, 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 August, 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:
- Condo sales increased over last month as short sales and foreclosures and low appraisal values continue to be a factor in the market. The time-to-close factor plays a significant role in actual sale closings. In addition, smartly market priced condos continue to sell well.
- Average Condo prices dropped slightly from the previous month which shows sellers willing to negotiate and offer good deals to potential buyers.
- Single family home sales continue to increase also due to the short sale and foreclosure market as well as having many non distressed homes priced to sell!
- While the average single family home price increased slightly over last month which is showing the market has probably hit bottom and will slowly recover.
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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