Panama City Beach Summary

Average price per square foot for Panama City Beach FL was $161, an increase of 8.1% compared to the same period last year. The median sales price for homes in Panama City Beach FL for Nov 10 to Jan 11 was $194,900 based on 139 home sales. Compared to the same period one year ago, the median home sales price decreased 4.9%, or $10,100, and the number of home sales decreased 58.4%. There are currently 1,445 resale and new homes in Panama City Beach on Trulia, including 667 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Panama City Beach FL was $336,042 for the week ending Feb 09, which represents an increase of 0.5%, or $1,648, compared to the prior week. Popular neighborhoods in Panama City Beach include Laguna Beach On The Gulf Of Mexico and Palm Cove, with average listing prices of $307,513 and $137,454.