Momentum Housing Data · Home Values · Bay County
Every figure below is from recorded MLS closings in Gulf Crest Condo (Panama City, FL) — not an algorithm’s estimate. Medians, the 14-year price history, market time, and what the record says about selling here now. Window ending 2026-07-28; refreshes as new closings record.
In the current window, sellers accepted a median 90.6% of original asking; the median sale took 134 days (window ending 2026-07-28).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $615,000 | — | 134 | 9 |
| 2024 | $690,000 | — | 17 | 7 |
| 2023 | $695,000 | — | 11 | 10 |
| 2022 | $660,000 | — | 32 | 15 |
| 2021 | $541,000 | — | 30 | 20 |
| 2020 | $448,500 | — | 27 | 10 |
| 2019 | $441,250 | — | 82 | 10 |
| 2018 | $360,000 | — | 91 | 18 |
| 2017 | $340,000 | — | 121 | 10 |
| 2016 | $336,450 | — | 50 | 8 |
| 2015 | $350,000 | — | 66 | 13 |
| 2014 | $320,000 | — | 115 | 3 |
| 2013 | $290,000 | — | 79 | 10 |
| 2012 | $322,750 | — | 215 | 6 |
Over the recorded series, Gulf Crest Condo’s median sold price moved from $322,750 (2012) to $615,000 (12 months ending 2026-07-28) — +91% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $322,750. The 2020–22 run-up did what it did everywhere — Gulf Crest Condo’s median moved +50% from 2019 to 2022. Against the 2023 peak of $695,000, the current median stands at -12%. Annual sales volume here has ranged from 1 to 20 closings a year (10-yr average 11). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.
What actually trades here: 100% condominium in the current window. Price-per-square-foot is the cleaner yardstick when comparing your home to the medians — it corrects for the size mix in any given year.
For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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More Gulf Crest Condo: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures