Panama City Market Conditions Update For August 2009

By Joanie Miller | September 16, 2009

Sales were on the rise in August 2009 Panama City market statistics. There were 281 sales last month which is about 6% higher than July. Additionally, there were 30% more sales when compared to the same period last year. Pending units were also on the rise when compared to the same time last year but fell just short last month.

The median active price — about $190,000 — was the same as last month but is actually 30% lower than August 2008. Median sold price was both 6% less than July.

For a complete breakdown of August’s market statistics, visit this link.

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