Q3: 2021 | Bay County Market Report | Berkshire Hathaway HomeServices Beach Properties of Florida

Page 1

MARKET REPORT | Q3 2021


11807 FRONT BEACH ROAD 2204 B

MARKET REPORT 2018 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

#

1

BROKERAGE ON 30A Q3 2021 *Transactions

TOP 4 LISTING BROKERAGE IN PANAMA CITY BEACH Q3 2021 *Transactions & Volume

#

1

BROKERAGE ON ST. GEORGE ISLAND Q3 2021 *Transactions & Volume

TOP 50 BROKERAGE WITHIN BERKSHIRE HATHAWAY HOMESERVICES WORLDWIDE 2016, 2017, 2018, 2019, 2020

OVER $2 BILLION IN SALES VOLUME over the past 12 months

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

1


BC


BAY COUNTY PANAMA CITY BEACH CONDOS PANAMA CITY BEACH PANAMA CITY NEW CONSTRUCTION


PANAMA CITY BEACH CONDOS BC

11807 FRONT BEACH ROAD | UNIT 2204

4

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

PANAMA CITY BEACH CONDOS

$

538

594

Q3 2020

Q3 2021

304,504 Q3 2020

$

265

$

405,378 Q3 2021

$

278

Q3 2020

Q3 2021

93

94

Q3 2020

Q3 2021

97%

99%

Q3 2020

Q3 2021

10%

33%

5%

1%

2%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

5


PANAMA CITY BEACH BC

106 CEDAR HAMMOCK LANE

6

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

PANAMA CITY BEACH

$

319

319

Q3 2020

Q3 2021

457,272 Q3 2020

$

223

$

574,507 Q3 2021

$

278

0%

26%

25%

Q3 2020

Q3 2021

70

32

Q3 2020

Q3 2021

54%

97%

98%

Q3 2020

Q3 2021

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

7


PANAMA CITY BC

2009 CALAMINT STREET

8

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

PANAMA CITY

$

515

527

Q3 2020

Q3 2021

231,883 Q3 2020

$

126

$

292,296 Q3 2021

$

155

2%

26%

23%

Q3 2020

Q3 2021

74

29

Q3 2020

Q3 2021

61%

98%

98%

Q3 2020

Q3 2021

0%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

9


BAY COUNTY BC

BREAKFAST POINT

10

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA


PERCENTAGE OF LIST PRICE SOLD

AVERAGE DAYS ON MARKET

AVERAGE PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

NUMBER OF SALES

NEW CONSTRUCTION

$

110

50

Q3 2020

Q3 2021

338,386 Q3 2020

$

163

$

457,975 Q3 2021

$

227

Q3 2020

Q3 2021

69

20

Q3 2020

Q3 2021

99%

100%

Q3 2020

Q3 2021

55%

35%

39%

71%

1%

MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA

11


LOCALLY KNOWN. NATIONALLY RECOGNIZED. GLOBALLY RESPECTED.

Market data for Q3 2021 as of 10/04/21. Infromation reported is deemed reliable but is not guaranteeed. © 2021 MLS and FBS. ©2021 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.