Panama City Real Estate Market Update - July 2009
While the numbers are not what they were last month, there is significant stabilization in the Panama City Real Estate market for July.
Condo sales were down slightly last month yet Single family home sales were up.
While condo prices dropped slightly, single family home prices remained relatively steady.
View the complete analysis and summary of the Panama City Real Estate Market for July.
How This Affects Panama City Home and Condos Sellers...
Panama City Beach Condo sellers who do not have to sell, will have a shorter wait time before placing their condos on the market. We are still a few months away from condo prices increasing but we may see slight increases as we move into the next season.
Likewise, condo sellers who are in need of selling quickly should contact me today (850) 774-6582. Condos will sell quickly when the condo is priced within the current market range. My team and I are working with many condo buyers, so time is of the essence to get yours sold today.
Panama City Home sellers who not have to sell should begin contacting me to sell their homes. As prices stabililze and more homes are listed for sale, it is imperative that we price the home correctly for the market and get the home listed.
Home sellers in need of selling their homes, must contact me today (850) 774-6582. As home prices stabilize for those who do not need to sell their home quickly, prices for those in need may drop significantly.
Time is of the essence and if you need to sell your home or condo due to relocation or other reasons, contact me today (850) 774-6582.
My job is to help you obtain the highest price possible for your home or condo and that's exactly what I intend to do.
Let's get your home sold now.
How This Affects Panama City Home and Condos Buyers...
Panama City Beach Condo and home buyers, if you've been waiting for the market to bottom out, you are about to miss the boat!
While Panama City Beach condo prices have slipped slightly, they are expected to turn around shortly. If you wait too long, you'll miss the great deals currently available.
If you're relocating to the Panama City Florida area, home and condo prices are the lowest they have been in years. However, this market won't last forever and as home prices are stabilizing we will begin to see price increases.
Contact me today (850) 774-6582, The Panama City Real Estate Team and I are here to help you get the best possible price on a new home or condo.