Don and Bubba's Market Report

Panama City Beach, FL 32413

Single-Family Homes

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



Panama City Beach, FL 32413

Thu Feb 06 2025
This week the median list price for Panama City Beach, FL 32413 is $689,495 with the market action index hovering around 28. This is an increase over last month's market action index of 26. Inventory has decreased to 256. 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

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Panama City Beach, FL 32413

Thu Feb 06 2025
This week the median list price for Panama City Beach, FL 32413 is $689,495 with the market action index hovering around 28. This is an increase over last month's market action index of 26. Inventory has decreased to 256. 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

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Panama City Beach market.
Median List Price $689,495
Median Price of New Listings $699,000
Per Square Foot $388
Average Days on Market 170
Median Days on Market 133
Price Decreased 43%
Price Increased 5%
Relisted 14%
Inventory 256
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,690,000 2,721 4,500 - 6,500 sqft 4 4.3 9 4 2 189
$799,000 2,166 6,500 - 8,000 sqft 3 2.5 10 4 3 112
$575,000 1,605 6,500 - 8,000 sqft 3 2 20 2 5 182
$429,950 1,443 6,500 - 8,000 sqft 3 2 31 3 5 98