Don and Bubba's Market Report

Panama City Beach, FL

Single-Family Homes

https://donandbubba.com / DonandBubba@gmail.com / 850.624.8433



Panama City Beach, FL

Thu Feb 13 2025
This week the median list price for Panama City Beach, FL is $625,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 477. Click here to stay informed with the Panama City Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Panama City Beach, FL

Thu Feb 13 2025
This week the median list price for Panama City Beach, FL is $625,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 477. Click here to stay informed with the Panama City Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Panama City Beach market.
Median List Price $625,000
Median Price of New Listings $554,450
Per Square Foot $340
Average Days on Market 162
Median Days on Market 133
Price Decreased 43%
Price Increased 5%
Relisted 12%
Inventory 477
Median Rent
Market Action 28
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,400,000 2,783 6,500 - 8,000 sqft 4 3.5 10 6 3 196
$720,000 2,126 6,500 - 8,000 sqft 3 2.5 17 10 5 112
$535,000 1,704 4,500 - 6,500 sqft 3 2 18 10 7 140
$419,400 1,461 4,500 - 6,500 sqft 3 2 29 12 9 98