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Panama City Real Estate Overview

Today, November 24, 2009

Avg. Listing Price $239,787 Wk ending Nov 18

-$19,962
-7.7%
w-o-w

Median Sales Price $142,000 Aug '09 - Oct '09

-$8,000
-5.3%
y-o-y

1,278	Homes For Sale	0	Open Homes
834	Recently Sold	430	Foreclosures

Average Listing Price

$239,787

-7.7%

w-o-w

Median Sales Price

$142,000

-5.3%

y-o-y

Average price/sqft

$97

-26%

y-o-y

Number of Sales

307

-6.1%

y-o-y

More Panama City Market Trends

Select chart to embed:

Most popular
neighborhoods

Avg. listing price
Week ending Nov 18

w-o-w

King Estates

$151,075

-3.2%

Forest Park East

$279,300

-10.1%

Northgate Resubdivision

$403,333

-19.0%

Forest Hills

$166,980

-5.0%

Glenwood Addition

$33,900

-21.1%

Movers & Shakers

Avg. listing price
Week ending Nov 18

w-o-w

Drummond Park

$25,000

-64.7%

Glenwood Addition

$33,900

-21.1%

Northgate Resubdivision

$403,333

-19.0%

Premier Estates

$214,450

-13.9%

Forest Park East

$279,300

-10.1%

View Panama City Home Prices Map

Average price per square foot for Panama City FL was $97, a decrease of 26% compared to the same period last year. The median sales price for homes in Panama City FL for Aug 09 to Oct 09 was $142,000 based on 307 home sales. Compared to the same period one year ago, the median home sales price decreased 5.3%, or $8,000, and the number of home sales decreased 6.1%.

There are currently 1,278 resale and new homes in Panama City on Trulia, including 430 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 FL was $239,787 for the week ending Nov 18, which represents a decrease of 7.7%, or $19,962, compared to the prior week. Popular neighborhoods in Panama City include King Estates and Forest Park East, with average listing prices of $151,075 and $279,300.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Bay County School District

Public

PK - 12

27,727

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Tyndall Elementary School

Public

PK - 5

Tommy Smith Elementary School

Public

PK - 5

Lucille Moore Elementary School

Public

PK - 5

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Panama City Schools

2026 Baker…

$195,000

3 br 2 ba

1340 Magno…

$1,050,000

306 North Cove Boulevard, Panama City FL

306 N Cove…

$139,900

3 br 2 ba

7502 Sweet…

$114,900

5 br 3 ba

717 Florida…

$399,000

3 br 2 ba

2609 E 37th…

$99,500

3 br 2 ba

View all Panama City Homes for Sale

Cities

Median
sales price

Average
listing price

Panama City Beach

$206,150

$428,009

Lynn Haven

$190,000

$328,131

Youngstown

$127,000

$192,344

Seacrest

$580,000

$845,928

Watersound

$772,500

$1,898,777

Rosemary Beach

$2,375,000

$1,279,275

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Panama City Real Estate Overview

Market View for Panama City

Market Trends for Panama City

Home Prices for Panama City

Panama City Summary

Schools in Panama City

Community Info for Panama City

Homes for Sale in Panama City

Recent Q&A in Panama City, FL

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close