Panama City Beach Real Estate Homes, Condos For Sale and Other Things
Panama City Beach Real Estate Information | Market Conditions | Boating and Fishing

Hi folks,

There is good news in the condo sales market here in Panama City Beach. Since January sales have continued to increase. According to the Bay County MLS there were 26 condo sales in January and in April there were 58. Currently the absorption rate is just above 2 years which isn’t too bad.

We have at the current sales rate 2 years of inventory on the market. That is not too bad at all if you consider that there were nearly 5 years of inventory on the market in January of 2009.

Condo prices for this same period continue to decline, however. The May numbers should be out in a few days and I will get those to you. I just wanted to pass this info along as I noticed it this morning while working in the MLS.

Thanks and have a GREAT day!

Kind regards, Mike and Vivian Foate
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***Are you looking for a good deal? If you who want to find a good deal one way to do that is to join to our GOOD DEALS! Bulletin. Every couple of months Vivian and I get together to scour the MLS for GOOD DEALS! We don’t care what company has the property listed if we think its a GOOD DEAL! we evaluate it, explain why we think its a GOOD DEAL! and put it in the GOOD DEALS! bulletin.

To see previous GOOD DEALS! bulletins and to learn more go to: http://www.vivianfoate.com/newsletters/gooddeals

SEARCH THE MLS!
http://www.VivianFoate.com

READ WHAT OUR CUSTOMERS HAVE TO SAY!
http://www.vivianfoate.com/testimonials.shtml

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MIKE’S CELL: 850-596-4236
VIVIAN’S CELL: 850-814-2372
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Mike and Vivian Foate-REALTORS®
Prudential Shimmering Sands Realty, Inc.
7923 Panama City Beach Parkway
Panama City Beach, FL 32413

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