Panama City Beach – Feb 2011 Gulf Front Condo Report

I just looked at how many Gulf Front condos are for sale today in Panama City Beach, FL.

I found out that there are 708 of them.  In the month of February there were 67 sales completed for the month. 

I figured how many weeks of inventory we still have on the market and although the number is large at 45 weeks of inventory, it is a whole lot less than last year at this time.

My guess is that all of the fence sitters better get a move on.  Condo prices are still relatively low matching those prices from April of 2009.  Overall drops are now only about 15% over last year’s prices.

If you are looking to buy a condo in Panama City Beach, FL anytime soon, I would say move on it now. 

I work as a Buyer’s Representative and know the Panama City Beach condo market well.  I would love to assist you with your next purchase.

Here is a photo of the beach ~  Enjoy and don’t forget to give me a ring.

Kelly Klein, Lifeguard Real Estate, Inc.



About Kelly Klein

Buyers and Listing specialist. Whether it is a condo, a home, a townhome, a duplex, or a lot, I am here to help. You can find me at Broker Associate / Sales Professional Berkshire Hathaway Home Services | Pen Fed Realty
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