Area Sales Activity Increases in 2018 

During the first half of 2018, 25% more Panama City Beach condos were sold compared to the first half of 2017. The average sales price and price per square foot increased 10% and the units were on the market 65 days less. 

This year, there have been three units sold at Palazzo, a 1-br, a 2-br and a 3-br unit. In 2017, there were two 3-br units sold. The average price and price per square foot are lower this year, due to the 1-br unit selling at a low price per square foot. 

However, the average price per sq ft for the two remaining sold units is $382 – $28 more per square foot than in 2017! It’s a great year to find out what your unit is valued at. 

Palazzo Condos Sold

Units sold in 2018


Find out the current market value of your Palazzo property today – call 850-812-3261 or email for your free no-obligation comparative market analysis.

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Nathan Abbott
ResortQuest Real Estate | Broker Associate, Realtor®
Nathan Abbott Team | CEO