September 2017 - Watch Craig's Comments on September Numbers
There were only 51 contracts written in September for homes in Panama City Beach. That is a HUGE drop from the previous month, but I suspect this is mostly due to the nasty weather and threat of hurricanes. The sales price to list price ratio is still strong which is a good sign for the housing market overall. At 96.4%, this means that sellers are only negotiating, on average, a little over 3% to get their properties sold. Buyers need to understand this and be prepared to make solid offers or risk losing out on a house to another buyer.
August 2017 - Watch Craig's Comments on August Numbers
The PCB Housing market was quite active in May: