How many homes in Panama City have reduced their price?

109 listings cut their asking price in the last 7 days and 289 in the last 30, about 28% of the 883 homes currently for sale.

What is the typical price cut in Panama City?

The median reduction over the last 30 days is 2.7%, or about $10,000.

Which Panama City communities have the most price reductions?

Parkbrook (27), Liberty (12), Sweetbay (11), Titus Park (10), Springfield (9), Laketown Wharf (8).

Panama City, FL Price Reductions

By Jon Brooks, Co-Founder, Momentum Realty · Updated October 13, 2026

A price reduction is the clearest signal a seller sends: the first number did not work. This tracker lists every Panama City listing that lowered its asking price, updated nightly from the live MLS record — the old price, the new price, the size of the cut and how long the home has been on the market — so buyers can see where sellers are moving and sellers can see what their competition just did.

109 homes for sale in Panama City, FL cut their asking price in the last 7 days and 289 in the last 30, out of 883 active listings (28% reduced at least once this month). The median reduction is 2.7% ($10,000). The largest cut this week was $100,000 on 1522 Trout Lane, Panama City, Fl 32408 in Bay Point ($1,749,000 → $1,649,000).

Latest price reductions in Panama City

Listing	Community	Was	Now	Cut	DOM
4896 Rosemary Street, Panama City, Fl 32404 Oct 13 · 4 bd · 3 ba	Titus Park	$354,900	$329,900	−7.0%	161
6220 Cherry Street, Panama City, Fl 32404 Oct 13 · 4 bd · 3 ba	Lannie Rowe Lake Estates U	$295,000	$279,900	−5.1%	91
1621 Kestrel Street, Panama City, Fl 32405 Oct 13 · 3 bd · 3 ba	Sweetbay	$599,000	$585,000	−2.3%	16
8730 Thomas Drive 104, Panama City, Fl 32408 Oct 13 · 1 bd · 2 ba	Villas Of St. Thomas	$252,500	$239,000	−5.3%	281
181 Damon Circle, Panama City, Fl 32407 Oct 13 · 3 bd · 3 ba	Gulf Highlands Beach Resort	$339,000	$329,000	−2.9%	45
523 S Bonita Avenue, Panama City, Fl 32401 Oct 13 · 3 bd · 2 ba	Sudduths	$435,000	$425,000	−2.3%	116
6150 Riverbrooke Drive, Panama City, Fl 32404 Oct 13 · 4 bd · 2 ba	Olde Towne Village	$299,999	$294,999	−1.7%	87
1109 Cypress Avenue, Panama City, Fl 32401 Oct 13 · 3 bd · 1 ba	Rosenwald Heights	$99,000	$95,000	−4.0%	66
3205 E 2Nd Place, Panama City, Fl 32401 Oct 13 · 3 bd · 2 ba	Springfield	$160,000	$159,900	−0.1%	185
4034 Napoli Road, Panama City, Fl 32405 Oct 12 · 3 bd · 2 ba	Venetian Villa	$289,900	$279,900	−3.4%	233
132 Central Avenue, Panama City, Fl 32401 Oct 12 · 3 bd · 2 ba	Mooretown	$75,000	$67,500	−10.0%	90
5115 Gulf Drive 409, Panama City, Fl 32408 Oct 10 · 3 bd · 2 ba	Seychelles Resort Condominium	$799,900	$765,000	−4.4%	173
6836 Forsythe Drive, Panama City, Fl 32404 Oct 10 · 3 bd · 2 ba	Callaway Point	$405,000	$399,000	−1.5%	105
6201 Thomas Drive 401, Panama City, Fl 32408 Oct 9 · 2 bd · 2 ba	Watercrest Condo	$625,000	$575,000	−8.0%	269
9900 S Thomas Drive 1428, Panama City, Fl 32408 Oct 9 · 3 bd · 3 ba	Shores Of Panama	$550,000	$525,000	−4.5%	56
9900 S Thomas Drive 107, Panama City, Fl 32408 Oct 9 · 2 bd · 3 ba	Shores Of Panama	$369,000	$349,000	−5.4%	56
9900 S Thomas Drive 115, Panama City, Fl 32408 Oct 9 · 1 bd · 2 ba	Shores Of Panama	$349,000	$329,000	−5.7%	56
9900 S Thomas Drive 1227, Panama City, Fl 32408 Oct 9 · 1 bd · 2 ba	Shores Of Panama	$310,000	$299,000	−3.5%	56
4619 Roundwood Way, Panama City, Fl 32404 Oct 9 · 5 bd · 4 ba	College Station	$493,850	$491,350	−0.5%	65
4579 Roundwood Way, Panama City, Fl 32404 Oct 9 · 4 bd · 3 ba	College Station	$388,696	$386,196	−0.6%	129
4571 Roundwood Way, Panama City, Fl 32404 Oct 9 · 4 bd · 3 ba	College Station	$434,631	$432,131	−0.6%	129
308 Cascade Street, Panama City, Fl 32405 Oct 9 · 4 bd · 3 ba	Forest Park Estates	$647,000	$645,000	−0.3%	185
1522 Trout Lane, Panama City, Fl 32408 Oct 7 · 3 bd · 3 ba	Bay Point	$1,749,000	$1,649,000	−5.7%	99
2204 Penny Royal Street, Panama City, Fl 32405 Oct 7 · 4 bd · 4 ba	Sweetbay	$699,000	$649,000	−7.2%	157
817 Clement Drive, Panama City, Fl 32409 Oct 7 · 3 bd · 2 ba	North Bay Estates One	$598,000	$568,000	−5.0%	149
3513 Cottage Cove Lane, Panama City, Fl 32408 Oct 7 · 4 bd · 3 ba	Sanctuary Beach	$579,000	$549,900	−5.0%	119
3001 W 10Th Street 711, Panama City, Fl 32401 Oct 7 · 3 bd · 3 ba	Harbour Village At Historic St Andrews	$675,000	$650,000	−3.7%	221
9860 S Thomas Drive 2010, Panama City, Fl 32408 Oct 7 · 3 bd · 2 ba	Laketown Wharf	$399,000	$375,000	−6.0%	116
8730 Thomas Drive 308, Panama City, Fl 32408 Oct 7 · 2 bd · 2 ba	Villas Of St. Thomas	$289,000	$270,000	−6.6%	141
4805 Windrow Way, Panama City, Fl 32404 Oct 7 · 4 bd · 3 ba	Titus Park	$435,000	$420,000	−3.4%	20
7351 Charles Loring Jr Road, Panama City, Fl 32404 Oct 7 · 4 bd · 2 ba	Liberty	$249,900	$239,900	−4.0%	224
7352 John Levitow Lane, Panama City, Fl 32404 Oct 7 · 4 bd · 2 ba	Liberty	$239,900	$229,900	−4.2%	118
2400 Grandiflora Boulevard E601, Panama City, Fl 32408 Oct 7 · 3 bd · 3 ba	Magnolia Bay Club	$525,000	$515,000	−1.9%	145
3946 W 21St Place, Panama City, Fl 32405 Oct 7 · 3 bd · 2 ba	College Village	$315,000	$305,000	−3.2%	190
1219 Thomas Drive 123, Panama City, Fl 32408 Oct 7 · 1 bd · 2 ba	Emerald Pointe Resort	$174,900	$165,000	−5.7%	292
1829 Sweetgum Avenue, Panama City, Fl 32405 Oct 7 · 4 bd · 3 ba	Sweetbay	$586,900	$580,995	−1.0%	83
2504 W 21St Street, Panama City, Fl 32405 Oct 7 · 3 bd · 1 ba	Hentz B	$229,900	$225,000	−2.1%	132
132 Ryder Lane, Panama City, Fl 32404 Oct 7 · 4 bd · 2 ba	Bridge Harbor	$299,000	$295,000	−1.3%	14
1003 E 8Th Street, Panama City, Fl 32401 Oct 7 · 3 bd · 2 ba	Glenwood	$209,000	$205,000	−1.9%	37
8817 S Thomas Drive A110, Panama City, Fl 32408 Oct 7 · 1 ba	Top Of The Gulf Condo	$235,000	$232,000	−1.3%	67
2609 Briarcliff Road, Panama City, Fl 32405 Oct 7 · 4 bd · 3 ba	Forest Park	$431,500	$429,500	−0.5%	161
3065 Rachel Place, Panama City, Fl 32409 Oct 7 · 4 bd · 3 ba	Hodges Bayou Plantation	$390,000	$388,000	−0.5%	76
3914 Sabine Street, Panama City, Fl 32408 Oct 7 · 4 bd · 3 ba	Holiday Beach	$560,000	$559,900	−0.0%	43
6510 Wallace Road, Panama City, Fl 32404 Oct 7 · 4 bd · 2 ba	East Bay Park	$350,000	$349,900	−0.0%	41
5129 Salvation Street, Panama City, Fl 32404 Oct 6 · 4 bd · 3 ba	Parkbrook	$370,710	$325,710	−12.1%	378
5133 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$339,900	$294,900	−13.2%	316
5141 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$343,400	$298,400	−13.1%	236
7060 Traditions Drive, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$317,180	$272,180	−14.2%	240
7108 Traditions Drive, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$316,200	$271,200	−14.2%	125
7096 Traditions Drive, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$295,900	$250,900	−15.2%	238
6120 Beach Drive, Panama City, Fl 32408 Oct 6 · 3 bd · 3 ba	Crescent Beach	$550,000	$525,000	−4.5%	222
7530 Preserve Drive, Panama City, Fl 32404 Oct 6 · 4 bd · 3 ba	Parkbrook	$367,060	$342,060	−6.8%	13
5228 Salvation Street, Panama City, Fl 32404 Oct 6 · 4 bd · 3 ba	Parkbrook	$365,060	$340,060	−6.8%	51
5232 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$353,400	$328,400	−7.1%	52
5252 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$352,211	$327,211	−7.1%	52
5229 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$352,211	$327,211	−7.1%	52
5244 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$355,400	$330,400	−7.0%	51
7526 Preserve Drive, Panama City, Fl 32404 Oct 6 · 4 bd · 2 ba	Parkbrook	$354,610	$329,610	−7.0%	78
5220 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$353,811	$328,811	−7.1%	58
5224 Salvation Street, Panama City, Fl 32404 Oct 6 · 4 bd · 2 ba	Parkbrook	$349,900	$324,900	−7.1%	192

Biggest cuts this week

Listing	Community	Was	Now	Cut	DOM
1522 Trout Lane, Panama City, Fl 32408 Oct 7 · 3 bd · 3 ba	Bay Point	$1,749,000	$1,649,000	−5.7%	99
2204 Penny Royal Street, Panama City, Fl 32405 Oct 7 · 4 bd · 4 ba	Sweetbay	$699,000	$649,000	−7.2%	157
6201 Thomas Drive 401, Panama City, Fl 32408 Oct 9 · 2 bd · 2 ba	Watercrest Condo	$625,000	$575,000	−8.0%	269
5129 Salvation Street, Panama City, Fl 32404 Oct 6 · 4 bd · 3 ba	Parkbrook	$370,710	$325,710	−12.1%	378
5133 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$339,900	$294,900	−13.2%	316
5141 Salvation Street, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$343,400	$298,400	−13.1%	236
7060 Traditions Drive, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$317,180	$272,180	−14.2%	240
7108 Traditions Drive, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$316,200	$271,200	−14.2%	125
7096 Traditions Drive, Panama City, Fl 32404 Oct 6 · 3 bd · 2 ba	Parkbrook	$295,900	$250,900	−15.2%	238
5115 Gulf Drive 409, Panama City, Fl 32408 Oct 10 · 3 bd · 2 ba	Seychelles Resort Condominium	$799,900	$765,000	−4.4%	173

Communities with the most reductions (30 days)

Community	City	Reductions	Median cut
Parkbrook	Panama City	27	−7.8%
Liberty	Panama City	12	−3.8%
Sweetbay	Panama City	11	−1.4%
Titus Park	Panama City	10	−2.0%
Springfield	Panama City	9	−1.2%
Laketown Wharf	Panama City	8	−4.8%
College Station	Panama City	6	−0.6%
Shores Of Panama	Panama City	6	−4.0%
Venetian Villa	Panama City	5	−3.4%
Bridge Harbor	Panama City	5	−1.2%
Highland City	Panama City	4	−3.1%
Sunbird Condo	Panama City	4	−2.3%
Villas Of St. Thomas	Panama City	4	−3.5%
Fanning Bayou	Panama City	4	−2.2%
Holiday Beach	Panama City	4	−2.0%

How to read this

Reductions are detected by comparing each listing’s asking price night over night in the MLS feed; a listing appears once per cut, and the share reduced counts each listing once. Relists at a new price under a new MLS number are not matched. Prices are asking prices. Source: live MLS feeds compiled by Momentum Research, updated October 13, 2026.

Panama City, FL Price Reductions

Latest price reductions in Panama City

Biggest cuts this week

Communities with the most reductions (30 days)

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