Property prices for sale in Panama City Beach (Florida)

The prices in real estate in Panama City Beach, in the Florida region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$581,366.33
Average price last 6 months
$409
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Panama City Beach has fallen in the last 6 months. In September, the average price per sq.feet was $433. In the following month the price per sq.feet decreased to $410. In the following two months the price per sq.feet has barely changed, going from $421.5 to $420.5 per sq.feet. The price per sq.feet has decreased 91 % 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 $421 to $385 during January, and February.

Average price

Based upon to the price in Panama City Beach (cities), this has gone downing the last 6 months. The average price for September is $659,591. During October the price had a considerable reduction till $541,046. During the following two months (November, December) the price has had an average incrementation from $600,318.5 to $631,316.5. During the last two months the average price has had a strong fall compared to the previous four going from $615,817.5 to $512,464, which means a 83 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $520,829 they are 28 % more affordable than the average price for Panama City Beach. The properties with the highest average price have 4 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 3 bedrooms priced at $562,302.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $339 / sq.feet, with an average $392 / sq.feet price in Panama City Beach. The properties with the highest average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $413 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $520,829 it is 11 % cheaper than the average price in Panama City Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $726,203 it is 59 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $377 / sq.feet followed by "Detached House" priced at $390 / sq.feet. "Land" is the most costly type of property with a $429,208 / sq.feet cost followed by "Townhouse" with an average price of $423 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Panama City Beach
Number of properties used in region Florida
$520,829
$392
37,688
3,557,022
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Panama City Beach, Fl. 3 Bed, 2 Bath
 53
Brand New Home In Panama City Beach, Fl. 3 Bed, 2 Bath
$461,020
Panama City Beach, Florida - For Sale - House - 1,643 sq.feet - 3 bedrooms - 2 bathrooms
Way, panama city beach, fl-32407. Hot home: 556 longpoint way. This single family...
4 Bed, 3 Bath New Home Plan In Panama City Beach, Fl
 52
4 Bed, 3 Bath New Home Plan In Panama City Beach, Fl
$523,500
Panama City Beach, Florida - For Sale - House - 2,255 sq.feet - 4 bedrooms - 3 bathrooms
This to-be-built home is the crevalle plan by fischer homes, and is located in the community of the breakfast point east. This single family plan home is...
3 Bed, 2 Bath New Home Plan In Panama City Beach, Fl
 52
3 Bed, 2 Bath New Home Plan In Panama City Beach, Fl
$450,500
Panama City Beach, Florida - For Sale - House - 1,643 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the trigger plan by fischer homes, and is located in the community of the breakfast point east. This single family plan home is priced...
2 Bed, 2 Bath New Home Plan In Panama City Beach, Fl
 52
2 Bed, 2 Bath New Home Plan In Panama City Beach, Fl
$476,500
Panama City Beach, Florida - For Sale - House - 1,827 sq.feet - 2 bedrooms - 3 bathrooms
This to-be-built home is the mahi mahi plan by fischer homes, and is located in the community of the breakfast point east. This single family plan home is...
3 Bed, 2 Bath New Home Plan In Panama City Beach, Fl
 52
3 Bed, 2 Bath New Home Plan In Panama City Beach, Fl
$498,500
Panama City Beach, Florida - For Sale - House - 2,002 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the sand dune plan by fischer homes, and is located in the community of the breakfast point east. This single family plan home is...