Panama City Beach Market Report

$514,178

AVERAGE PRICE OF 606 HOMES

$299,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,331,940

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$474,721

AVERAGE PRICE OF 280 NEWLY BUILT HOMES

$505,829

AVERAGE PRICE OF 524 HOMES WITH A POOL

$431,300

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $514,178
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $307,761
2 bedrooms $322,966
3 bedrooms $492,967
4 bedrooms $867,159
5 bedrooms $1,758,487
Panama City Beach Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 604 621 617 581 554
Average Price $521,443 $524,307 $522,804 $523,155 $507,363
Avg Price Change -0.55% +0.29% -0.07% +3.11% +1.05%
Median Price $386,094 $374,262 $375,265 $375,751 $379,886
Med Price Change +3.16% -0.27% -0.13% -1.10% +1.31%
Avg Bedrooms 2.53 beds 2.54 beds 2.54 beds 2.53 beds 2.51 beds
Avg Bathrooms 2.57 baths 2.59 baths 2.59 baths 2.59 baths 2.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 597 $498,875 193 days
Bay 1 $245,000 48 days
South Walton 7 $1,866,988 194 days
St. Joe 1 $449,000 91 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 606 $514,178 193 days
Distressed Homes 1 $299,000 7 days
Multi-Million Dollar Homes 33 $2,331,940 144 days
Newly Built Homes 280 $474,721 276 days
Homes with a Pool 524 $505,829 208 days
Reduced Price Homes 3 $431,300 91 days
Mary Grace Stubbs
1701 East County Hwy 30A Suite 101
Santa Rosa Beach, FL 32459

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated July 19, 2019

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.