Panama City Beach Condo Market Overview - August 2024
Market Crash, Correction, or Stability?
Some buildings and floor plans have remained stable, showing no signs of pricing stress or reduction. Other buildings are experiencing a significant price drop, with values falling back to 2021 levels. The average price per square foot tries to balance a very segmented market, but it can be misleading. Here are a few examples:
- Shores of Panama is selling at $400 per square foot
- Treasure Island is selling at $434 per square foot
- Ocean Villa is selling at $458 per square foot
- Long Beach Condominium is selling at $460 per square foot
- Gulf Crest Condominium is selling at $550 per square foot
- Calypso Condominium is selling at $630 per square foot
Shores of Panama, Panama City Beach real estate, Panama City Beach condos for sale, Ocean Villa, Real Estate Market Updates
- Created on .
- Last updated on .
- Hits: 2435