The latest Panama City Real Estate Market Summary has been posted and is quite interesting…

In September, the market posted significant gains in condo sales, however last month in October we saw an incredible drop in condo sales as prices edged up slightly!

Home sales in October, fared slightly better in sales however prices on Single family homes dropped significantly.

There is still a very high volume of distressed properties on the market, both foreclosures and short-sales which is having a significant impact on not only the real estate market, but also the local economy.  Read more | Florida Real Estate | Panama City... (218 words, estimated 52 secs reading time)

The latest postings of the Panama City real estate market summaries are now available for download.

Panama City Beach condo sales increased significantly however, prices were dropped a bit this month. This is obviously good news for buyers wanting to purchase vacation condo on the gulf.

Prices on single family home prices increased slightly while sales volume increased significantly.   This is of course great news for the local real estate market.

As we enter the busiest real estate season as well as less than 3 weeks to the opening of the new airport we expect to see significant increases in sales and prices for all property types.  Read more | Florida Real Estate | Panama City... (259 words, 1 image, estimated 1:02 mins reading time)