Panhandle Real Estate, Inc.

08/21/2025

Panama City Beach comes in as great place to retire 2025!

Panama City Beach, Florida, has long drawn sun-seekers to its white sands, but now it's emerging as a top choice for retirees.

08/20/2025

Thom should absolutely be your first choice as your Realestate agent!

Thom is amazing! He knows his stuff! He is extremely knowledgeable! I appreciated the fact that he gives you all the info you need to make an informed decision. He does not pressure you in any way or try to “sell” you on a property. He simply gives you the info you need and lets you decide. He is all about you being at peace with the decision you make. He is a tremendous resource. He responds to all inquiries very timely. That is rare these days. I hate to admit this about myself but I am extremely hard to please. The fact that I highly recommend Thom is a testament in and of itself. I recommend him without any reservation.

Posted by Jenny Primm (Buyer) on
19 Aug 2025

06/11/2025

Somebody bought a house and found this under the carpet. What would you do?

04/09/2025

Thom H. Bachelder is a seasoned real estate Broker/Owner Panhandle Real Estate Inc. based in Panama City, Florida, with over 24 years of experience in the industry. He is affiliated with Panhandle Real Estate Inc., located at 2617 W 23rd St, Suite A, Panama City, FL 32405. Throughout his career, Thom has handled a diverse range of properties, with transaction values spanning from $19,500 to $3.75 million. His expertise encompasses assisting first-time homebuyers as well as seasoned investors, dealing with properties ranging from mobile homes to luxury estates. Clients have rated him highly, with an average rating of 4.6 out of 5 based on 18 reviews. For professional inquiries, Thom can be contacted via email at [email protected] or by phone at (850) 866-5577.

02/24/2025

As of early 2025, the Panama City Beach real estate market is experiencing a downturn. In January 2025, the median listing home price was $468,500, reflecting a 3.4% decrease compared to the previous year. Similarly, the average home value stood at $417,535, marking a 6.3% decline over the past year. Notably, the median sale price in January 2025 was $375,000, a significant 15.3% drop from the previous year. ​
realtor.com

The market has also seen a reduction in sales activity, with 62 homes sold in January 2025, down from 78 in January 2024. Homes are remaining on the market longer, averaging 121 days before sale, an increase from 97 days the previous year. Additionally, inventory levels have risen, with 1,485 homes for sale in January 2025, a 6.9% increase from December 2024. ​
redfin.com

The condominium sector has been particularly affected. From the second to the fourth quarter of 2024, condo prices fell by 15%. This decline is attributed to decreased sales volume starting in February 2024 and reduced rental income, coupled with rising association fees. ​
panamabeachrealty.com

Given these trends, the Panama City Beach real estate market is currently favoring buyers. With increased inventory, declining prices, and longer listing durations, buyers have more negotiating power. Sellers may need to adjust their expectations and pricing strategies to align with the current market conditions.

02/11/2025

NEED HELP BUYING A HOME? FIRST TIME HOME BUYER? 2025 HELP Program, designed to assist first-time homebuyers in achieving their dream of homeownership. This program offers up to $20,000 in funding annually through FHLB Dallas, making it easier for eligible individuals to purchase their first homes. Call Thom Bachelder Broker Panhandle Real Estate 850-866-5577

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