The rent prices in real estate in Panama City Beach, in the Florida region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Panama City Beach has barely changed in the last 6 months. In July, the average price per sq.feet was $1.34. In August this price barely changed remaining at $1.34 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.34 to $1.33 per sq.feet. The price per sq.feet has risen 106 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.34 to $1.42 during November, and December.
When referring to the price in Panama City Beach (cities), there have hardly been any changes in the last 6 months. The rent price in July is $1,617, rising in August till $1,704. In the following two months the average price has hardly changed with regard to the previous two months from $1,660.5 to $1,588.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,624.5 and $1,640 between November and December.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,690 they are 21 % more affordable than the average price for Panama City Beach . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,900.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.27 / sq.feet, with an average $1.43 / sq.feet price in Panama City Beach. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.47 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,690 it is 29 % more affordable than the average price in Panama City Beach. "Commercial" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "House". At a price of $1,556 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.31 / sq.feet followed by "House" priced at $1.4 / sq.feet. "Commercial" is the most expensive type of property with a $9 / sq.feet value followed by "House" with an average price of $1.4 / sq.feet.