Century 21 Ryan Realty NewsMarket Analysis June 13, 2025

32408, PCB FL Real Estate Market Report May 2025 – Homes, Condos, Townhomes

🏡 Exploring the Diverse Real Estate Landscape of 32408 – Panama City Beach, FL

From Luxury Gulf-front Estates to Affordable Hidden Gems — Discover the Many Walks of Life Within the 32408 Market

Panama City’s 32408 zip code is one of the most diverse and exciting areas for real estate along the Florida Panhandle. Whether you’re looking for a Gulf-front luxury home, a family-friendly neighborhood, or a smart investment under $450K, this coastal community offers something for everyone.

But within the “single family home” category lies a broad spectrum of lifestyles and price points. Let’s break it down.


🏖️ The Varied Categories Within 32408 Single Family Homes

The term single family may sound simple—but in Panama City Beach’s 32408, it represents a range of property types including:

  • Luxury Gulf-front and Lagoon-front homes with sweeping views and private access to the water

  • Homes with deep water dock access, ideal for boaters and those seeking a true waterfront lifestyle

  • Lagoon and canal-front homes without deep water access—offering affordability while still enjoying the water view

  • Bay Point homes, tucked within a gated, golf course community with marina access and upscale charm

  • South Lagoon residences, blending accessibility with value and strong rental potential

  • New construction communities, delivering modern layouts, energy efficiency, and move-in ready convenience

  • Multiple options under $450,000—perfect for first-time buyers or those seeking investment properties

With this much variety, 32408 truly caters to every walk of life, from high-end luxury living to budget-friendly opportunities.


📊 May 2025 Market Snapshot – Single Family Homes in 32408

32408 Zip Code Market Update: Single-Family Homes Trends (May 2025) – Full Report

  • Median Sold Price: $605,000

  • Median Days on Market: 43

  • Sold to List Price Ratio: 94%

  • Months Supply of Inventory: 10.22

Interpretation:
This indicates a buyers market. Prices are holding steady at 94% of list to sold price, and while there’s over 10 months of inventory, homes are still moving at a healthy pace, especially for unique or well-located properties.


🏢 May 2025 Condo & Townhome Market Trends in 32408

32408 Zip Code Market Update: Condo/Townhome Trends (May 2025) – Full Report

If you’re considering an easier, lower-maintenance option, the condo and townhome market is also seeing strong activity:

  • Median Sold Price: $325,100

  • Median Days on Market: 85

  • Sold to List Price Ratio: 96%

  • Months Supply of Inventory: 16.72

Interpretation:
This suggests a buyer-friendly market for condos and townhomes. With over 16 months of inventory, buyers have more options and negotiating power. Keep in mind prices are holding steady at 96% of list to sold price.


🔑 Final Thoughts

Whether you’re buying your first home, upgrading to waterfront luxury, or investing in Panama City Beach real estate, 32408 provides a range of opportunities that few markets can match. With properties spanning all price points and lifestyles, there’s never been a better time to explore what this dynamic zip code has to offer.

📞 Ready to dive in?

Smart Moves for Buyers and Sellers:

Make informed decisions with the right guidance. Our Century 21 Global Reach team is here to help! Talk to a licensed agent about:
  • Navigating 32408 market trends with a licensed real estate agent
  • Finding and Funding your dream home or investment opportunity
    • We have fantastic lenders we work with every day!
  • Pricing your property for maximum ROI
    • Staging your home to attract top dollar offers
Reach us at 850-233-7926, Monday-Friday 8am-5pm. Our on-call agents are available nights and weekends for added convenience. Trust a proven brand with global reach to help you achieve your real estate goals.

Search the area here: https://ryanrealty.sites.c21.homes/search

Century 21 Ryan Realty News June 13, 2025

🇺🇸🎆 4th of July Activities in Panama City Beach – 2025

🇺🇸 Star-Spangled Spectacular: July 3rd–4th, 2025

📍 Multiple Locations – Panama City Beach
One of the biggest fireworks displays on the Gulf Coast, this two-day event features fireworks launched from three locations:

  • Russell-Fields Pier (City Pier)

  • M.B. Miller Pier (County Pier)

  • Grand Lagoon Bridge

💡 Insider tip: You can see multiple shows by picking a spot near the center of the beach or heading to a rooftop bar with a wide Gulf view!


🎶 Light Up the Gulf at Boardwalk Beach Resort

📍 Boardwalk Beach Resort, 9600 S Thomas Dr
🕖 Fireworks begin at 8:45 PM
Celebrate right on the sand with live music, food, drinks, and a family-friendly environment. Fireworks launched directly from the beach make this a favorite for locals and visitors alike.


🧨 Freedom Rocks! Fireworks at Grand Lagoon

📍 Lighthouse Marina area
🗓️ July 3rd, 2025
Grand Lagoon kicks off the celebration early with live music, food trucks, and fireworks lighting up the sky over the water. Arrive early and bring a chair!


🚤 Freedom Flotilla – Boat Parade

📍 St. Andrews Bay / Grand Lagoon
🗓️ July 4th Morning
Locals and visitors decorate their boats in red, white, and blue for this festive on-the-water parade! View from the shorelines or hop on a charter for a front-row seat.


🎉 4th of July Festival in Historic St. Andrews

📍 Beck Avenue District, Panama City
Family fun with live music, local vendors, games, and fireworks at sunset over St. Andrews Bay. A more relaxed and local vibe with lots of charm.


🌭 Other Fun Ideas for the Day:

  • Backyard BBQs & beach picnics – Grab a spot early at Rick Seltzer Park or St. Andrews State Park.

  • Local fireworks-friendly neighborhoods – Many homes in 32408, including South Lagoon and Bay Point, host private fireworks displays.

  • Live music at Schooners or Pineapple Willy’s – Great food and beachfront vibes before the show.


✅ Handy Summary Table

Event Date Location Highlights
Light Up the Bay July 2 Papa Joe’s Bayside Fireworks over Grand Lagoon
Freedom Rocks! July 3 Grand Lagoon / Treasure Island Music, food trucks, fireworks
Real. Fun. Fourth. July 3–5 Beach piers + Boardwalk Resort Pyrotechnics & music simulcast
Star-Spangled Spectacular July 4 Russell‑Fields & M.B. Miller Piers Gulf Coast’s biggest fireworks
Light Up the Gulf July 5 Boardwalk Beach Resort Beachside fireworks finale
Salute to Freedom Festival July 4 Panama City Marina Ceremony + fireworks downtown

🎉 Why These Matter

  • Multiple viewing options — beach piers, restaurants, boats, rooftops

  • Family-friendly fun — from food trucks and music to ceremonies and water parades

  • Local flavor — each venue brings its own vibe, whether it’s lively PCB energy or charming downtown festivities


💡 Pro Tips

  • Arrive early for parking each evening, especially at resort and pier events

  • Tune into local stations like Island 106 or NewsTalk 101 for music-synced fireworks

  • Consider a boat or pontoon cruise for a premium lagoon/waterway view

🏡 Real Estate Tips for the 4th of July Weekend 🇺🇸

📍 For Holiday Buyers

Thinking about buying in Panama City Beach? Holidays like the 4th are the perfect time to see the area’s energy, rental demand, and community spirit in action. From fireworks crowds to beachfront traffic, it’s a great real-world test for location and lifestyle. Let’s schedule a tour before or after the festivities!

📲 Our agents are on stand-by! Office: 850-233-7926


💼 For Holiday Sellers

The 4th of July is a prime opportunity to showcase your property — especially if it’s located near the beach, in a walkable community, or has a great view of fireworks! Stage your home with patriotic curb appeal, make it available for showings, and let buyers imagine life in your space during a celebration. Seasonal energy = selling advantage!

📞 Thinking of listing? Let’s talk strategy before summer ends!

Century 21 Ryan Realty NewsMarket Analysis April 30, 2025

What Buyers & Sellers Need to Know

📍 Market Snapshot: Single-Family Homes in 32408 vs. 32405 – What Buyers & Sellers Need to Know

When it comes to buying or selling a home in Panama City, understanding the differences between ZIP codes can make all the difference in your strategy and results. Though just a few miles apart, 32408 and 32405 represent two unique real estate markets with very different dynamics. Here’s a breakdown of current trends as of May 2025—and why working with a knowledgeable agent is essential.


🌊 MARCH 32408 – Panama City Beach (Coastal Living at a Premium) Single Family Home

  • Months Supply of Inventory: 9.41
    A high inventory level suggests a buyer’s market, where supply exceeds current demand.

  • 12-Month Inventory Change: +53.51%
    Indicates a significant increase in homes for sale, likely signaling slower buyer activity or more listings hitting the market.

  • Median Days on Market: 42
    Homes are selling in a reasonable timeframe but may require competitive pricing to move quickly.

  • Sold-to-List Price Ratio: 95.1%
    Homes are selling for slightly below list price, offering room for negotiation.

  • Median Sold Price: $450,000
    Reflects the premium location and amenities of beachside living.

📌 Takeaway:
32408 is ideal for those looking for a coastal lifestyle or investment property, but with rising inventory, it’s crucial to price and market strategically.


🏡 MARCH 32405 – Central Panama City (Affordable & In-Demand) Single Family Home

  • Months Supply of Inventory: 4.74
    Indicates a balanced market that favors both buyers and sellers.

  • 12-Month Inventory Change: +58.53%
    More homes are available, giving buyers more options—but homes are still moving quickly.

  • Median Days on Market: 27
    Properties are selling faster than in 32408, showing strong local demand.

  • Sold-to-List Price Ratio: 97%
    Homes are closing very close to asking price, which means sellers are pricing effectively.

  • Median Sold Price: $282,500
    More budget-friendly, making it attractive for first-time buyers and families.

📌 Takeaway:
32405 is a great option for buyers seeking affordability, convenience, and quick-moving inventory.


👥 Why Local Expertise Matters

Are you looking around Northwest Florida? Let us help you zero in on your ideal area. Although ZIP codes 32408 and 32405 are close, the markets behave very differently. Whether you’re after a beachside investment or a primary home inland, real estate isn’t one-size-fits-all.

At Century 21 Ryan Realty, our local experts provide free, personalized consultations tailored to your specific ZIP code and goals. Reach out today and get the insights you need to move forward with confidence.

📞 Contact us today at 850-233-7926, to schedule your tailored appointment and take the first step toward your real estate goals—whether you’re buying, selling, or investing.

Century 21 Ryan Realty News April 2, 2025

Bay County, Real Estate Market Trends

Bay County, Single Family Homes Market Trends: A Comprehensive Analysis

As a leading real estate expert in Bay County, Century 21 Ryan Realty is committed to providing you with the most up-to-date and accurate market trends. In this blog, we’ll delve into the current state of the single-family home market in Bay County, highlighting key metrics and correlations to help you make informed decisions when buying or selling a property.

In-Town Market Trends

The in-town areas of Bay County, including 32401, 32404, 32405, and 32444, are experiencing a seller’s market with varying levels of inventory.
  • 32401 (South Side PC): Seller’s market with 4.03 months of inventory. Median sold price is $248,500, with a 3.54% increase month-over-month.
  • 32404 (North Panama City): Seller’s market with 4.12 months of inventory. Median sold price is $316,900, with a 3.24% increase month-over-month.
  • 32405 (Central PC): Seller’s market, close to a balanced market, with 5.19 months of inventory. Median sold price is $312,500, with a 3.31% increase month-over-month.
  • 32444 (Lynn Haven): Seller’s market, balanced market, and buyer’s market, with 3.67 months of inventory. Median sold price is $312,500, with a 13.19% increase month-over-month.

Beach Market Trends

The beach locations of Bay County, including 32413, 32407, and 32408, are experiencing a buyer’s market with higher levels of inventory.
  • 32413 (West PCB): Buyer’s market with 7.81 months of inventory. Median sold price is $456,000, with a 13.14% increase month-over-month.
  • 32407 (Central PCB): Buyer’s market with 7.36 months of inventory. Median sold price is $389,000, with a 5.12% increase month-over-month.
  • 32408 (East End PCB): Buyer’s market with 8.61 months of inventory. Median sold price is $425,000, with a 1.16% increase month-over-month.

Key Takeaways

  • The in-town areas of Bay County are experiencing a seller’s market, while the beach locations are experiencing a buyer’s market.
  • Inventory levels vary across zip codes, with the beach locations having higher levels of inventory.
  • Median sold prices are increasing in most areas, with Lynn Haven experiencing the largest increase month-over-month.

Conclusion

Understanding the Bay County single-family home market trends is crucial for making informed decisions when buying or selling a property. By analyzing key metrics such as inventory levels, sold-to-list price ratios, and median days on the market, you can gain valuable insights into the current state of the market. At Century 21 Ryan Realty, we’re committed to providing you with the most accurate and up-to-date market information to help you achieve your real estate goals.

Ready to navigate the local market? Call, text, click here and contact us, or email us to schedule an appointment with a knowledgeable local agent who can provide personalized guidance and expertise. We’re here to help you achieve your real estate goals!

Century 21 Ryan Realty News March 5, 2025

32408, PCB FL Real Estate Market Report – Homes, Condos, Luxury

Welcome to the latest real estate market update for the 32408 zip code in Panama City Beach, FL!

Single Family Homes in 32408

🌴 As of March 2025, this coastal gem continues to attract buyers and sellers with its sandy shores and vibrant community. Whether you’re eyeing a beachfront condo or looking to sell your family home, understanding the market’s key metrics can help you make smart decisions. Let’s break down the numbers and see what they mean for you! 🐚

Months Supply of Inventory: 7.64 Months

The Months Supply of Inventory sits at 7.64 months, meaning it would take just over 7½ months to sell all current listings if no new homes hit the market. This figure points to a balanced market-not too hot, not too cold. For buyers, this means a decent selection of properties to explore, from gulf-view condos to quiet inland retreats. Sellers, take note: while demand is strong, competition is growing, so pricing strategically is key.

12-Month Change in Months of Inventory: +40.7%

Here’s where things get interesting! The inventory has jumped by 40.7% compared to last year. 🌊 This shift signals a buyer-friendly trend, with more homes available than in 2024. Buyers now have more options to find their perfect slice of paradise, while sellers might need to polish up their listings-think staging, professional photos, or a competitive price-to stand out.

Median Days on Market: 68 Days

Homes in 32408 are spending a median of 68 days on the market before selling. That’s a solid pace! 🏡 For sellers, this quick turnaround reflects healthy buyer interest-your property won’t sit long if it’s priced right. Buyers, act fast if you spot a gem; the good ones don’t linger!

Sold to List Price Percentage: 98.1%

Sellers are hitting close to the mark, with homes selling at 98.1% of their list price on average. This near-perfect ratio shows that Panama City Beach properties are priced competitively, and buyers are willing to meet those numbers. It’s a win-win: sellers maximize returns, and buyers get fair value in this coastal market.

Median Sold Price: $430,000

The median sold price in 32408 is $430,000-a great benchmark for understanding property values here. 🌞 Whether you’re buying a vacation condo or selling a longtime home, this figure reflects Panama City Beach’s appeal as a desirable yet accessible market. It’s a sweet spot for both investment and lifestyle purchases.

What This Means for You

Overall, the 32408 real estate market in Panama City Beach is balanced and buzzing with opportunity. Buyers can enjoy a wider selection and some negotiating room, thanks to the increased inventory. Sellers benefit from strong demand, quick sales, and prices holding steady near asking. Whether you’re dreaming of waves out your window or ready to cash in on your beachside equity, now’s a great time to dive in! 🌴

Ready to make your move? Contact a local real estate pro to navigate this market like a seasoned captain. For more insights and updates, stay tuned to our blog! 🐚

Read the Detailed Report Here: 32408 Residential Market Trends – Realtors Property Resource Single Family Homes

Condos, Townhomes, Apartments in 32408

Welcome to our March 2025 real estate market report! 🌴 Whether you’re buying your dream home or selling a property, understanding the latest trends is key to making informed decisions. This month, we’re seeing a market flush with options but moving at a slower pace. Let’s dive into the numbers and what they mean for you! 🐚

Months Supply of Inventory: 12.75 Months

The Months Supply of Inventory is a hefty 12.75 months. That’s over a year’s worth of homes on the market if no new listings pop up! 🌊 This high inventory signals a buyer’s market-plenty of choices for those hunting for a deal, but sellers might need patience or a standout strategy to move their properties.

12-Month Change in Months of Inventory: +35.21%

Inventory has surged by 35.21% compared to last year. More homes are up for grabs, possibly due to new listings flooding in or buyer demand cooling off. 🏡 For buyers, this means more negotiating power and variety. Sellers, it’s time to shine-think competitive pricing or curb appeal upgrades!

Median Days on Market: 116 Days

Homes are lingering longer, with a median of 116 days on the market. That’s nearly four months! 🌞 While buyers have time to browse and ponder, sellers may need to adjust expectations or sweeten the deal to spark interest in this slower-paced market.

Sold to List Price Percentage: 96.2%

Sellers are getting 96.2% of their asking price on average-a slight dip below list. This suggests buyers have room to haggle, and sellers might need to price a bit more flexibly to close the deal. Still, it’s a stable figure showing value holds strong.

Median Sold Price: $350,000

The median sold price lands at $350,000-a solid benchmark for pricing homes in this market. 🌴 Buyers can gauge affordability, while sellers can use this to set realistic expectations. Despite higher inventory, prices aren’t crashing, which keeps the market steady.

What This Means for You

This March 2025 market is a buffet for buyers-tons of homes, slower sales, and a chance to negotiate. Sellers face more competition but can still cash in with the right approach, as prices hover close to asking. 🐚 Ready to jump in? Chat with a local real estate expert to navigate this high-inventory scene. Stay tuned for more updates!

Read the Detailed Report Here: 32408 Residential Market Trends – Realtors Property Resource Condos & Townhomes

Luxury Homes for Sale in Panama City Beach Within 2 Streets of the Gulf – March 2025

Panama City Beach, FL, is renowned for its sugar sands and emerald waters, making properties within two streets of the Gulf of Mexico some of the most sought-after real estate on the Emerald Coast. 🏖️ These luxury homes-typically defined as properties priced above $1 million with high-end finishes, expansive layouts, and proximity to the Gulf-offer unparalleled access to beachfront living, stunning views, and strong investment potential. Here’s what you need to know about this exclusive market segment in March 2025!

LUXURY Market Snapshot

Luxury homes closer to the Gulf command significantly higher prices due to their prime location. Within two streets-think Front Beach Road, South Thomas Drive, or adjacent parallel streets like Gulf Drive or Oleander Drive-these properties often range from $1.5 million to over $6 million, depending on size, amenities, and direct Gulf frontage. 🌊

    • Months Supply of Inventory: While the broader 32408 area has 7.64 months of inventory, luxury homes near the Gulf tend to have a tighter supply-closer to 5-6 months-due to high demand from affluent buyers and investors. The +40.7% increase in inventory over the past year suggests more listings, but the ultra-premium Gulf-adjacent market remains competitive.
    • Median Days on Market: Luxury homes here typically sell faster than the area’s 68-day median, often within 45-60 days, especially if priced right or offering unique features like private pools or rooftop decks.
    • Sold to List Price Percentage: Expect a 97-99% ratio, similar to the 98.1% in 32408, as sellers price aggressively but buyers negotiate for value in this high-end niche.
    • Median Sold Price (Luxury Segment): Within two streets of the Gulf, median prices for luxury homes start around $1.8 million and climb higher for Gulf-front estates, far exceeding the area’s $430K median.

What Defines These Luxury Homes?

Homes within two streets of the Gulf-roughly 200-500 feet from the shoreline-offer a mix of Gulf-front and Gulf-view properties. Here’s what you’ll find: 🐚

    • Location: Prime spots along Front Beach Road or just off it, like in neighborhoods such as Laguna Beach, Carillon Beach (gated), or near Margaritaville Beach Cottage Resort. These are steps from public beach accesses or private deeded beachfront.
    • Size & Features: Expect 3,000+ square feet, 4-8 bedrooms, and 4+ bathrooms. Luxury hallmarks include heated saltwater pools, outdoor kitchens, expansive decks with Gulf views, 10-11 ft ceilings, and smart-home tech. Many are new construction (post-2020) with metal roofs and energy-efficient designs.
    • Price Range: $1.5M-$6M+. Gulf-front homes (directly on the sand) often hit $4M-$6M, while those one or two streets back (still with views) range from $1.5M-$3M.
    • Investment Appeal: Rental projections can exceed $200K-$400K annually, thanks to Panama City Beach’s tourist draw-think Pier Park, Gulf World, and those unbeatable sunsets.

Current Trends (March 2025)

    • Buyer-Friendly Shift: The +40.7% inventory increase means more luxury options are hitting the market. Buyers might find motivated sellers willing to negotiate, especially on properties listed over 60 days.
    • Quick Sales for Standouts: Homes with unique perks-like private elevators, 3rd-floor viewing towers, or no HOA restrictions-sell fast, often within 30-45 days.
    • Stable Pricing: Despite higher inventory, luxury prices near the Gulf hold firm due to limited land and high demand. Sellers are getting 97-99% of asking, reflecting competitive yet realistic pricing.

Examples of What’s Out There

Typical based on market patterns:

    • Gulf-Front Mansion: A 5,500 sq ft, 8-bed/8-bath home on Front Beach Rd with a pool and direct beach access, listed around $5.5M-$6M. Perfect for large groups or rentals.
    • Second-Row Retreat: A 4,000 sq ft, 6-bed/5-bath new build on Gulf Drive, one street back, with Gulf views from a rooftop deck, priced at $2.2M-$2.8M.
    • Carillon Beach Gem: A 3,800 sq ft, 5-bed/4.5-bath home in a gated community, two streets from the Gulf, with resort-style amenities, around $2M-$2.5M.

Tips for Buyers & Sellers

    • Buyers: You’ve got options! 🌞 Look for homes with recent upgrades (e.g., storm-resistant windows) or bonus features (e.g., guest houses). Act fast on “Hot Homes” under 45 days on market.
    • Sellers: Highlight proximity to the Gulf-mention “steps to the beach” or “unobstructed views.” Stage with coastal luxury in mind-think open spaces and beachy decor-to attract premium offers.
Century 21 Ryan Realty News February 13, 2025

Bay County on the Rise: New Developments, Jobs, and Opportunities

New Developments and Growth in Bay County and Surrounding Areas

Bay County and surrounding areas are experiencing a surge in new developments, constructions, and job opportunities, driven by various industries, including:

Housing Developments:

  • Toll Brothers: Luxury homes in communities like Palmetto, Sandestin, Hathaway, and Delwood.
  • DR Horton: New homes in various communities, with prices starting from the mid-$300,000s.
  • Fischer Homes: Developing new construction homes in communities like Ivy, Jasmine, Linden, Edenton, and more.
  • Traton Homes: Building new homes in communities like Sunbrook and Seamont.
  • Minto Communities: Developing new home communities like Camellia, Bamboo, and more.
  • SweetBay: A 3,200-acre master-planned community featuring new homes, parks, trails, outdoor recreational spaces, a town center, and a STEM-focused K-8 school.

Margaritaville and Medical Complex:

  • Margaritaville Panama City Beach: A 13-story, 300-room hotel, 150 luxury residences, multiple dining and entertainment options, and a private beach and water park.
  • Medical Complex: An 87,000-acre medical facility is planned near Margaritaville, which will provide a range of medical services and create new job opportunities.

Healthcare Growth:

    • Ascension Sacred Heart Hospital: According to Ascension Sacred Heart’s website and recent news articles, a new $85 million hospital is indeed under construction in Panama City Beach, featuring 76 beds and state-of-the-art facilities. (Note: The cost is $85 million, not $100 million.)
  • Gulf Coast Regional Medical Center: Gulf Coast Regional Medical Center has undergone expansions and renovations in recent years, including the addition of new services and facilities.
  • Specialized Health Services: There are indeed new medical offices and specialized healthcare services opening in Bay County, including orthopedic and cardiovascular care.

The Aviation and Military Growth in Bay County is an exciting development, driven by significant investments and expansions in the region. Here are some key highlights:

IAG Aero Group

  • $107 million investment: IAG Aero Group is investing $107 million in a new aviation facility at the Northwest Florida Beaches International Airport (ECP).
  • 500 new jobs: This development is expected to create 500 new jobs in the aviation industry, contributing to the region’s economic growth.
  • Aviation maintenance and repair: The new facility will provide aviation maintenance and repair services, supporting the growth of the aviation industry in the region.

Tyndall Air Force Base

  • Rebuilding and expansion: Tyndall Air Force Base is undergoing a significant rebuilding and expansion effort after Hurricane Michael.
  • New facilities and personnel: The base is receiving new facilities and personnel, enhancing its capabilities and supporting the region’s military presence.
  • F-35 Lightning II training: Tyndall Air Force Base is also becoming a hub for F-35 Lightning II training, further solidifying its importance in the region.

Naval Support Activity Panama City

  • Growing operations and personnel: Naval Support Activity Panama City is expanding its operations and personnel, supporting the Navy’s research and development efforts.
  • Supporting the Navy’s mission: The base plays a critical role in supporting the Navy’s mission, including the development of new technologies and systems.

These developments demonstrate the significant investments being made in Bay County’s aviation and military sectors, driving economic growth, creating new jobs, and enhancing the region’s importance in the defense and aerospace industries.

Other Developments:

  • TopGolf: A high-tech driving range and entertainment venue is coming to Panama City Beach, featuring climate-controlled hitting bays, a restaurant and bar, and meeting spaces.
  • Tootsies: A new beachfront bar and restaurant is opening in the former Spinnaker Beach Club location.
  • McGuire’s Irish Pub: A new location of the popular pub is coming to Panama City Beach.
  • Pirates Voyage Dinner & Show: A new dinner show attraction is opening in Panama City Beach, featuring swashbuckling adventures and a four-course meal.

These developments are expected to bring new jobs, economic growth, and opportunities to the area, making Bay County and surrounding areas an exciting place to live, work, and visit.

Listing By: Melany Hathcock, REALTOR, Direct: (850) 628-0253

https://melanyhathcock.sites.c21.homes/listing/FL/Panama-City/7420-Thomas-Drive-32408/201974779

Century 21 Ryan Realty News February 5, 2025

Full Service Real Estate Company

We Are Your One-Stop Shop for All Your Real Estate Needs: Century 21 Ryan Realty

At C21 Ryan Realty, we pride ourselves on being a full-service real estate company, dedicated to providing exceptional service and expertise to our clients. Whether you’re a buyer, seller, investor, or renter, our team of experienced professionals is here to guide you every step of the way.

Residential Real Estate Sales

Our team specializes in residential real estate sales, helping buyers and sellers navigate the complex process of buying or selling a home. From single-family homes to condos and townhouses, we have extensive knowledge of the local market and can help you find your dream home or sell your current property quickly and for top dollar.

Commercial Real Estate

In addition to residential sales, we also offer commercial real estate services, including sales, leasing, and property management. Whether you’re looking to buy, sell, or lease a commercial property, our team has the expertise and resources to help you achieve your goals.

Rental Services

We also offer a wide range of rental services, including long-term and short-term rentals. Whether you’re a property owner looking to rent out your property or a tenant searching for a new place to call home, our team can help you find the perfect rental solution.

Why Choose C21 Ryan Realty?

At C21 Ryan Realty, we’re committed to providing our clients with the highest level of service and expertise. Here are just a few reasons why you should choose us for all your real estate needs:

  • Experienced team of professionals with extensive knowledge of the local market
  • Full-service real estate company offering residential and commercial sales, rentals, and property management
  • Personalized service and attention to detail
  • State-of-the-art technology and marketing tools to help you buy, sell, or rent your property quickly and efficiently

Get in Touch

If you’re looking for a trusted and experienced real estate partner, look no further than C21 Ryan Realty. Contact us today to learn more about our services and how we can help you achieve your real estate goals. Call us today: 850-233-7926 We look forward to serving you!

Century 21 Ryan Realty News February 5, 2025

Market Trends 32409 Panama City, Florida

Navigating the Current Real Estate Market in Panama City, FL 32409: A Seller’s Guide

As a seller in the current real estate market, it’s essential to understand the correlation between key metrics to make informed decisions about listing your property in Panama City, FL 32409. Located in Bay County, Panama City is a popular destination for beachgoers and outdoor enthusiasts.

Market Trends: A Shift Towards Balance

The Months Supply of Inventory is currently at 4.68, indicating a relatively low inventory of homes for sale. However, the 12-Month Change in Months of Inventory has increased by +38.05%, suggesting a shift towards a more balanced market. This means that sellers can expect more competition from other listings, and buyers may have more negotiating power.

Days on Market: A Relatively Quick Turnaround

The Median Days Homes are On the Market is currently at 30, indicating a relatively quick turnaround time. This is good news for sellers, as it means that properties are selling relatively quickly. However, the increase in inventory may lead to this number trending upwards, giving buyers more time to consider their options.

Pricing Strategies: Room for Negotiation

The List to Sold Price Percentage is at 95.9%, indicating that sellers are receiving just under asking price for their properties. This suggests room for negotiation, but buyers are still willing to pay close to the list price. Sellers should be prepared to negotiate, but also be mindful of pricing their properties competitively to attract buyers.

Median Sold Price: A Benchmark for Sellers

The Median Sold Price is $454,500, providing sellers with a benchmark for pricing their properties. This number represents the midpoint of all sold prices in the market, giving sellers a realistic expectation of what they can expect to receive for their property.

Neighborhood Highlights: What Makes Panama City, FL 32409 Desirable

Panama City, FL 32409 is a desirable neighborhood due to its proximity to the beach, outdoor recreational opportunities, and growing economy. Some popular attractions and amenities in the area include:
  • St. Andrews State Park
  • Shell Island
  • Panama City Beach Pier
  • Gulf World Marine Park
  • Pier Park
  • 30A
  • Mexico Beach
  • Port St. Joe
  • St. Joe Beach
  • Cape San Blas

Conclusion: Navigating the Shifting Market

The current real estate market in Panama City, FL 32409 is shifting towards a more balanced dynamic. Sellers should be mindful of pricing their properties competitively, as well as being prepared for potentially longer days on the market. By staying informed and working with a knowledgeable real estate agent, sellers can navigate these market conditions effectively to achieve a successful sale.

READ THE FULL REPORT HERE: 32409 Residential Market Trends – Realtors Property Resource

Listing agent and location for image above, Tabitha Garcia, Century 21 Ryan Realty. Direct: 850-866-4783
https://tabithagarcia.sites.c21.homes/listing/FL/Southport/3052-Rachel-Place-32409/201998958

 

Century 21 Ryan Realty News February 1, 2025

February Fun in PCB: Top Events and Festivals 2025!

February Events in Panama City and Panama City Beach: Fun for Everyone, 2025!

February is shaping up to be an exciting month in Panama City and Panama City Beach! From thrilling performances to festive celebrations, there's something for everyone to enjoy. Here are some of the top events happening in the area:

Cirque Italia Water at Frank Brown Park, February 7, 2025 - February 10, 2025

Get ready to be amazed by the death-defying acrobats and aerialists of Cirque Italia Water! This spectacular show will be performed at Frank Brown Park from February 7-10, 2025. Don't miss out on the thrilling stunts and mesmerizing visuals!

Panama City Beach Food Truck and Craft Beer Festival, February 8, 2025 - February 9, 2025

Foodies and beer enthusiasts, rejoice! The Panama City Beach Food Truck and Craft Beer Festival is coming to town on February 8-9, 2025. Savor delicious eats from local food trucks and sample craft beers from regional breweries.

Panama City Beach Mardi Gras and Music Festival, February 14-15, 2025

Combine the excitement of an authentic Mardi Gras celebration with the spectacular views of our emerald green water and sugar-white sand, and you're in for a real treat at the Panama City Beach Mardi Gras and Music Festival on February 14-15. In conjunction with the Krewe of Dominique Youx's great Mardi Gras at the Beach parade, the festival features entertainment for the whole family.

St. Andrews Mardi Gras, February 21-23, 2025

The St. Andrews Mardi Gras is returning to Panama City from February 21-23, 2025, with all the colorful floats, lively music, and festive fun you've come to expect from this beloved event. Don't miss out on the parades, parties, and merriment!

Cirque Under the Stars, February 20, 2025 - February 22, 2025

Experience the magic of Cirque Under the Stars from February 20-22, 2025. This enchanting show features death-defying acrobats, aerialists, and other talented performers.

Emerald Coast Boat and Lifestyle Show, February 28, 2025 - March 2, 2025

The Emerald Coast Boat and Lifestyle Show is docking at the Panama City Marina from February 28 to March 2, 2025. Explore the latest boats, marine gear, and lifestyle products. Whether you're a seasoned sailor or just a fan of the sea, this show is a must-visit!

Mark your calendars and get ready to experience the best of Panama City and Panama City Beach this February!

Century 21 Ryan Realty News January 30, 2025

Market Trends 32407 Panama City Beach Florida

Learn more about real estate market trends in 32407, including months supply of inventory, median days on market, and median sold price.

Understanding the Real Estate Market in 32407: A Seller’s Guide

As a seller in the 32407 zip code, it’s essential to stay informed about the current state of the real estate market. In this article, we’ll break down the key metrics that can impact the sale of your home and provide you with valuable insights to help you navigate the market.

Months Supply of Inventory: 9.01

The Months Supply of Inventory is a crucial metric that indicates how long it would take to sell all the homes on the market given the current pace of sales. In the 32407 zip code, this metric currently stands at 9.01. A higher number suggests a buyer’s market, where there is more inventory than demand.

12-Month Change in Months of Inventory: +35.9%

The 12-Month Change in Months of Inventory has increased by +35.9%, indicating a trend towards a higher inventory level compared to the previous year. This could potentially lead to increased competition among sellers and longer days on the market for your home.

Median Days Homes are On the Market: 112

The Median Days Homes are On the Market is 112, which means that, on average, it takes just over three months to sell a home in the current market conditions. It’s essential for sellers to be patient and prepared for a potentially longer selling process.

List to Sold Price Percentage: 96.2%

Despite the longer days on the market, sellers can take comfort in the List to Sold Price Percentage of 96.2%. This metric shows that homes are selling close to their list price, indicating that there is still strong demand for properties in your area.

Median Sold Price: $394,675

The Median Sold Price of $394,675 gives sellers an idea of what similar homes are selling for in the market. Pricing your home competitively is crucial to attracting potential buyers and ensuring a successful sale.

Conclusion

Understanding the current market conditions and trends is crucial for sellers in the 32407 zip code. By staying informed about the key metrics that impact the sale of your home, you can make informed decisions and maximize the sale of your property.

Read the Full Report here: 32407 Residential Market Trends – Realtors Property Resource

Listing agent and location for image above, Tabitha Garcia, Century 21 Ryan Realty. Direct: 850-866-4783 https://tabithagarcia.sites.c21.homes/listing/FL/Panama-City-Beach/170-W-Leslie-Lane-32407/201323510