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Panama City Market Trends

Today, November 24, 2009

Median Sales Price in Panama City

Embed Info
1 yr 5 yr Max
Panama City median sales prices
Number of sold homes in Panama City
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$90,000-14.3%$94,250$105,000$89,200
3 bedrooms$142,500-6.2%$140,000$152,000$129,950
4 bedrooms$233,750+16.5%$225,000$200,600$225,100
All properties$142,000-5.3%$150,000$150,000$135,000
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Panama City Summary

The median sales price for homes in Panama City FL for Aug 09 to Oct 09 was $142,000. This represents a decline of 5.3%, or $8,000, compared to the prior quarter and a decrease of 5.3% compared to the prior year. Sales prices have appreciated 5.2% over the last 5 years in Panama City.

The average listing price for Panama City homes for sale on Trulia was $239,787 for the week ending Nov 18, which represents a decline of 7.7%, or $19,962, compared to the prior week and a decline of 3.6%, or $8,934, compared to the week ending Oct 28. Average price per square foot for Panama City FL was $97, a decrease of 26% compared to the same period last year. Popular neighborhoods in Panama City include King Estates, Forest Park East, Northgate Resubdivision, Forest Hills, Glenwood Addition, and Bunkers Cove.

 

Average Listing Price in Panama City

Embed Info
1 yr 5 yr Max
Panama City average property price
Panama City – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$195,729+2.0%$191,917$194,183$198,677
2 bedrooms$177,175-1.2%$179,349$171,877$172,687
3 bedrooms$206,919-2.4%$211,943$208,655$208,076
4 bedrooms$324,288-5.8%$344,084$326,213$325,934
All properties$239,787-7.7%$259,749$248,927$248,721
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Average Price Per Sqft for Homes in Panama City

Embed Info
1 yr 5 yr Max
Panama City average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$85-48.5%$92$165$100
3 bedrooms$95-10.4%$97$106$106
4 bedrooms$109+14.7%$105$95$96
All properties$97-26.0%$99$131$104
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Popular Neighborhoods in Panama City

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
King Estates 1 +30 31 3
Forest Park East 2 +12 14 8
Northgate Resubdivision 3 +23 26 6
Forest Hills 4 -3 1 16
Glenwood Addition 5 +15 20 37
Bunkers Cove 6 -4 2 1
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Homes for Sale in Panama City

2026 Baker Court, Panama City FL
2026 Baker…
$195,000
3 br  2 ba
1340 Magnolia Avenue, Panama City FL
1340 Magno…
$1,050,000
 
306 North Cove Boulevard, Panama City FL
306 N Cove…
$139,900
3 br  2 ba
7502 Sweetbriar Road, Panama City FL
7502 Sweet…
$114,900
5 br  3 ba
717 Florida Avenue, Panama City FL
717 Florida…
$399,000
3 br  2 ba
2609 East 37th Street, Panama City FL
2609 E 37th…
$99,500
3 br  2 ba
View all Panama City Homes for Sale
 
Stats & Trends
Panama City

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

King Estates

Forest Park East

View more neighborhoods or ZIPs
  • Ashland
  • Baldwin Heights
  • Bay County Land Company's First Addition
  • Bay County Replat
  • Bay Improvement
  • Bay VIew Addition
  • Bay VIew Heights
  • Bayou Plat
  • Bayside
  • Bingoose Estates
  • Boden Addition To Panama City
  • Bonita Avenue Relocation
  • Brenner Park
  • Bry-Co Park
  • Bunkers Cove
  • Burnham Way Subdivision
  • Candlewick Acres
  • Caroline Addition
  • Carver Heights
  • Coastal Lands
  • Cogburns First Addition
  • College VIllage
  • Combs & Mathis Subdivision
  • Corley Addition
  • Cove Park
  • Cove Pointe
  • Cove Road
  • Cove Terrace
  • Crestview
  • Daffins Subdivision
  • Del-Mar
  • Delwood Estates
  • Dirigo Park
  • Dixie Heights
  • Doty
  • Drummond And Ware
  • Drummond Heights
  • Drummond Park
  • East Rosenwald Heights
  • Eastgate Estates
  • Edgewood
  • Elizabeth Heights
  • Fairview 1931
  • Floridian Place
  • Forest Hills
  • Forest Lawn Memorial Cemetery
  • Forest Park
  • Forest Park East
  • Forest Park Estates
  • Forest Park VIllage
  • Forest Ridge
  • Gibson Subdivision
  • Glenwood Addition
  • Grace Trace
  • Green Gables
  • Gulf Coast Development
  • Gulfview
  • Gwaltney Estate
  • Harrison Place
  • Homewood Haven
  • Horton Heights Unit Two
  • Huntingdon Estates
  • Hursts Replat
  • King Estates
  • King's Point
  • King's Ranch
  • Kings Creek
  • Lakeside
  • Lincoln Park
  • Little Wood
  • Louis Tract
  • Magnolia Heights
  • Magnolia Terrace
  • Magnolia VIew Revised Plat
  • Massalina Bayou Amended Plat
  • Mayfield
  • Meadowbrook Estates
  • Millville Cemetery Holmes
  • Millville Emmons
  • Millville Holmes
  • Millville Subdivision Of Valla And W T Lash
  • Monroeville
  • Monroeville Replat
  • Morris Subdivision
  • North Highlands Addition
  • North Mooretown
  • Northgate Resubdivision
  • Northshore
  • Northshore Islands
  • Northside Estates
  • Nursery Subdivision
  • Oak Hammock Subdivision
  • Oak Hill Plat
  • Oak Ridge
  • Oakland Terrace
  • Old Mill Addition
  • Old Orchard
  • Oxford Place
  • Pan Andrews
  • Pine Hill
  • Pine Lea
  • Pine Orchard Heights
  • Pinecrest Addition To Panama City
  • Pineview
  • Premier Estates
  • R R Whittingtons
  • Rosenwald Heights
  • Segler Heights
  • Seglers Second Addition
  • Shady Haven
  • Shermans Second Addition
  • Sherwood
  • Skyland Subdivision
  • St Charles
  • Stanford Place
  • Stillman Heights
  • Sudduth
  • Sudduth Point
  • Sunny Side
  • Sunny South
  • Sunnyland Heights
  • Tenacre
  • Terrace Park
  • The Woods
  • Tupelo Court
  • Vaughan's Replat
  • Venetian VIlla
  • Venetian VIllas
  • Wainwright Park
  • Washington Heights
  • Woodhurst Estates
  • Woodland Estates
  • Woodlands Of Forest Park
  • Woodridge
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  • 32401
  • 32402
  • 32403
  • 32404
  • 32405
  • 32406
  • 32407
  • 32408
  • 32409
  • 32411
  • 32412
  • 32413
  • 32417
  • 32461
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Nearby Cities

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
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Advice

Recent Q&A in Panama City, FL

Q: Considering buying a foreclosure in Insland Reserve sight unseen. Is this a good location, is it reasonable? 1 answer
Q: If I get a sales associate real estate license, does that mean I have to work for a broker to do business? 5 answers
Q: I own a co-op in Bergen County, New Jersey. Recently, I discovered a civil claims judgement on my Cred Rep... Be the first to answer
Q: Smarter to build on our Seacrest Beach lot or buy an existing home and sell it? Timing over next year? 4 answers
Q: What are my options for selling my house ASAP.? 3 answers

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Nearby Cities Real Estate

  • Panama City Beach Real Estate
  • Lynn Haven Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Panama City Beach Home Prices
  • Lynn Haven Home Prices
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Panama City Stats & Trends

  • Panama City Real Estate Overview
  • Panama City Schools
  • Panama City Community Info
  • Panama City Home Prices
  • Panama City Real Estate
  • Panama City Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Panama City real estate market. Find Panama City properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Panama City average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Panama City housing statistics are available for each Panama City, FL neighborhood.
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About this Info
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.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average 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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. 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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot 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.