sales price come down

June 2008 Panama City Beach Condo Market Update

From Condosaletrends.com

We recently updated our Panama City Beach condo sales data through the end of May 2008. The graph below illustrates the number of monthly re-sales from the 70 Panama City Beach condo buildings in our database. The 2008 monthly re-sales through May mirror the number of re-sales from the same period in 2007 even though there has been a substantial number of new units come on line.