2025
Annual Report
BAY COUNTY
B
MARKET REPORT 2021 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
Enduring | A Year in Review Enduring captures the lasting appeal of Northwest Florida real estate and the lifestyle that continues to draw people to this remarkable stretch of the Gulf Coast. In a year marked by a slower pace and shifting market conditions, the region continues to prove its staying power. Home values remained steady, demand persisted, and the desire to live, gather, and invest along our beaches never waned. This was not a market driven by urgency but by confidence in place and quality of life. Throughout 2025, buyers and sellers approached the market with greater intention. Stabilizing interest rates and more measured price growth created an environment where decisions were thoughtful, and opportunities were rooted in long-term value. For many, Northwest Florida remained more than a destination. It continued to be a place to put down roots, create memories, and embrace a coastal lifestyle that endures beyond market cycles. At Berkshire Hathaway HomeServices Beach Properties of Florida, our sales professionals are deeply connected to the communities we serve and the lifestyles our clients seek. In 2025, we were proud to assist 777 families in buying and selling homes across Northwest Florida. Each transaction represents a new chapter, whether it is a primary residence, a second home, or a legacy investment along the coast. The vitality of the region reflects this enduring demand. From St. George Island to Navarre Beach, Northwest Florida continues to evolve in ways that enhance everyday living. Growing communities, new local businesses, and thoughtful infrastructure improvements are elevating the coastal experience while preserving the natural beauty that makes this area so special. This balance is what continues to attract fulltime residents, seasonal homeowners, and visitors year after year. As we look ahead, the outlook remains positive and grounded. A more balanced market allows buyers to move forward with clarity and confidence, while sellers benefit from sustained interest in Northwest Florida properties. These conditions support a healthy real estate landscape built on lifestyle, livability, and long-term desirability. Since our founding in 2007 and our affiliation with Berkshire Hathaway HomeServices in 2016, followed by full ownership by HomeServices of America in 2022, our brokerage has been guided by trust, integrity, and a commitment to excellence. Supported by a globally respected brand, we remain focused on delivering exceptional service and local expertise in every market environment. As we reflect on the year behind us and look toward what is ahead, we are grateful for the opportunity to serve the individuals and families who choose to call Northwest Florida home. We invite you to move forward with us into the year ahead, confident in a market and a lifestyle that continue to endure.
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
1
OFFICE LOCATIONS
1 Ft. Walton Beach
Choctawhatchee Bay 331
98
Northwest Florida Beaches Internationa Airport
2
Destin Sandestin 3 Blue Mountain Beach WaterColor Seaside Seagrove Watersound Beach Rosemary Beach
79
4
Panama City Beach
1. Destin
4. Pier Park
151 Regions Way, Suite 4A Destin, FL 32541 850.502.2120
15750 Panama City Beach Pkwy, #140 Panama City Beach, FL 32413 850.252.4160
2. WaterColor
5. St. George Island
28B WaterColor Way Santa Rosa Beach, FL 32459 850.534.3006
140 West 1st Street, Ste B St. George Island, FL 32328 850.990.0020
3. Watersound Beach 6652 E Co Hwy 30A, Ste 110 Watersound, FL 32461 850.213.5150
2
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
West Bay
al
20
20
231
Tallahassee
Lynn Haven Panama City Tyndall AFB
Mexico Beach
71
Apalachicola National Forest
98
WindMark Beach
Port St. Joe
Carrabelle
Apalachicola
Eastpoint
5 Cape San Blas
Apalachicola Bay
St. George Island
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
3
2025 ACCOLADES
777
FA M I L I E S S E R V E D
#
3
B R O K E R AG E O N 3 0 A *Tran s ac t i o n s & Vo lu m e
#1
B R O K E R AG E O N S T. G E O R G E I S L A N D + A PA L AC H I C O L A *Tran s ac t i o n s + Vo lu m e
TOP 7
B R O K E R AG E I N PA N A M A C I T Y B E AC H *Tran s ac t i o n s & Vo lu m e
#29
G LO B A L LY
B R O K E R AG E W I T H I N B E R K S H I R E H AT H AWAY H O M E S E R V I C E S N E T W O R K *2 023 G ro s s Co m m is s io n I n co m e
TOP 50
B R O K E R AG E W I T H I N B E R K S H I R E H AT H AWAY H O M E S E R V I C E S *A n n u al l y Si n c e 2 0 1 6
4
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
TABLE OF CONTENTS
Bay County PA N A M A C I T Y B E AC H 1 2 PA N A M A C I T Y B E AC H C O N D O S 1 4 PA N A M A C I T Y 1 6 N E W C O N S T R U C T I O N | B AY C O U N T Y 1 8
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
5
2025 TOP SALES As we step into 2026 with gratitude and optimism, we want to pause for just a moment to celebrate what made 2025 so meaningful. Before saying goodbye to an incredible year, we’re proud to recognize our Top 10 sales of 2025 and, most importantly, the dedicated agents who made them happen. These milestones reflect trust from our clients, collaboration across our team, and a shared commitment to excellence at every price point. Congratulations to each agent behind these remarkable transactions—and thank you for helping make 2025 a year to remember. Here’s to building on that momentum in 2026.
9 6 C A M P C R E E K P O I N T D R I V E | Sold at $18.25 million by selling agent Scott Cobine 6
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
2 8 B R A M B L E G R O V E P L AC E | Sold at $11 million by selling agents Cory and Lisa Neal
1 1 DA N D E L I O N D R I V E | Sold at $9.275 million by listing agents Anderson Group 30A
1 0 7 K A I YA B E AC H L A N E 9 | Sold at $9 million by listing and selling agent Diana Kish ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
7
8 0 W H I T T E N WAY | Sold at $6.78 million by selling agent Scott Cobine
3 1 N O R M A N C O U R T | Sold at $5.9 million by selling agent Ann Mosely
3 8 2 0 E C O U N T Y H W Y 3 0 A 1 0 3 | Sold at $5.4 million by listing agent Ann Mosely 8
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
4 5 E M E R A L D R I D G E | Sold at $5.35 million by selling agent Kim Rose
4 5 S O L A I R E WAY P H 2 | Sold at $4.95 million by listing and selling agent Diana Kish
1 4 2 6 E G U L F B E AC H D R I V E | Sold at $4.05 million by selling agent Mary Johnson ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
9
PANAMA CITY BEACH
AVERAGE SOLD PRICE
2016
2017
2018
2019
$441,294 2020
2021
2022
2023
$614,316
$200,000
$629,344
$300,000
$357,241
$400,000
$312,780
$500,000
$294,692
$600,000
$374,667
$700,000
$529,645
$800,000
$633,559
$900,000
$733,207
$1,000,000
2024
2025
AVERAGE DAYS ON MARKET 200
150
100
10
100
79
66
68
44
36
69
84
93
0
97
50
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
ANNUAL REPORT 2024 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY BEACH
$744
PRICE PER SQUARE FOOT $800
$700
$600
2019
2020
2024
2025
$261
2018
$218
2017
$310
2016
$186
$100
$170
$200
$161
$300
$194
$400
$328
$327
$500
2021
2022
2023
NUMBER OF SALES 1,500
1,250
1,000
940
918
1,027
1,139
1,287
1,103
1,028
912
943
500
931
750
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
ANNUAL REPORT 2024 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
11
PANAMA CITY BEACH
12
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY BEACH SINGLE FAMILY HOMES
912
$573,961,313
$629,344
$328
84
96%
2025
942
$578,750,282
$614,385
$310
93
96%
PERCENT CHANGE
3%
1%
2%
6%
11%
0%
3%
$
2025
$
2024
2024
2025
6%
96% 2024
96% 2025
0%
AVERAGE DAYS ON MARKET
2024
PERCENTAGE OF LIST PRICE SOLD
% OF LIST PRICE SOLD
310
AVERAGE DAYS ON MARKET
328
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE
942
SOLD VOLUME
912
NUMBER OF SALES
NUMBER OF SALES
YEAR
84 2024
93 2025
11%
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
13
PANAMA CITY BEACH CONDOS
14
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY BEACH CONDOS
939
$413,505,653
$440,368
$402
101
95%
2025
834
$348,538,642
$417,912
$384
130
95%
PERCENT CHANGE
11%
16%
5%
4%
29%
0%
11%
$
2025
$
2024
2024
2025
4%
95% 2024
95% 2025
0%
AVERAGE DAYS ON MARKET
2024
PERCENTAGE OF LIST PRICE SOLD
% OF LIST PRICE SOLD
384
AVERAGE DAYS ON MARKET
402
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE
834
SOLD VOLUME
939
NUMBER OF SALES
NUMBER OF SALES
YEAR
101 2024
130 2025
29%
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
15
PANAMA CITY
16
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
PANAMA CITY SINGLE FAMILY HOMES
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE DAYS ON MARKET
% OF LIST PRICE SOLD
2024
593
$214,155,652
$361,139
$197
55
97%
2025
618
$215,964,285
$349,457
$196
73
96%
1%
3%
1%
33%
1%
4%
$
2025
$
2024
AVERAGE SOLD PRICE PER SQUARE FOOT
618
4%
593
NUMBER OF SALES
PERCENT CHANGE
2024
2025
1%
97% 2024
96% 2025
1%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
PERCENTAGE OF LIST PRICE SOLD
SOLD VOLUME
196
NUMBER OF SALES
197
YEAR
55 2024
73 2025
33%
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
17
NEW CONSTRUCTION | BAY COUNTY
18
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
NEW CONSTRUCTION | BAY COUNTY SINGLE FAMILY HOMES
599
$250,975,971
$418,992
$247
51
99%
2025
656
$282,276,764
$430,300
$215
60
99%
PERCENT CHANGE
10%
12%
3%
13%
18%
0%
10%
$
2025
$
2024
2024
2025
13%
99% 2024
99% 2025
0%
AVERAGE DAYS ON MARKET
2024
PERCENTAGE OF LIST PRICE SOLD
% OF LIST PRICE SOLD
215
AVERAGE DAYS ON MARKET
247
AVERAGE SOLD PRICE PER SQ. FT.
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE SOLD PRICE
656
SOLD VOLUME
599
NUMBER OF SALES
NUMBER OF SALES
YEAR
51 2024
60 2025
18%
ANNUAL REPORT 2025 | BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA
19
For You
For Life
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Get to know us at BHHSBeachProperties.com EMERALD COAST | SOUTH WALTON | BAY COUNTY | FORGOTTEN COAST Market data for 2025 as of 1/6/26. Infromation reported is deemed reliable but is not guaranteeed. (c)2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a 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.