Panama City Beach Real Estate Overview

Average price per square foot for Panama City Beach FL was $133, a decrease of 18.9% compared to the same period last year. The median sales price for homes in Panama City Beach FL for Sep 09 to Nov 09 was $198,500 based on 244 home sales. Compared to the same period one year ago, the median home sales price decreased 22.2%, or $56,500, and the number of home sales decreased 14.4%.

There are currently 1,695 resale and new homes in Panama City Beach on Trulia, including 1 open house, as well as 592 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Panama City Beach FL was $427,887 for the week ending Dec 02, which represents an increase of 0.6%, or $2,407, compared to the prior week. Popular neighborhoods in Panama City Beach include Riviera Beach and Bid-a-wee Beach, with average listing prices of $300,800 and $267,189.