Condo sales volume is 43% higher than last year’s 20-year record low. Average condo prices have dropped 3.7% from 2025’s annual average. These figures vary significantly depending on the buildings and floor plans sold this quarter. Examples follow below.
Special assessments are extra charges levied on property owners for unforeseen or non annual costs. In 2025, the frequency of these assessments has increased due to the implementation of the Structural Integrity Reserve Study (SIRS) and Milestone Inspections. With a capable buyer's agent, special assessments shouldn't be a concern. Simply deduct the assessment from your offer price and negotiate for the seller to cover it at closing. Special assessments are actually one of the most straightforward methods for addressing:
Inflation gaps in reserves
The need to update elevator and fire system electronics well before their expected lifespan.
Dramatic rise in insurance premiums (that are now going down again)
New structural requirements mandated by law
Milestone Inspection Report Deficiencies
They're an effective way to align regular association fees with the true cost of annual condo maintenance.
We are currently compiling the 2026 Condominium Association Dues for Panama City Beach, Florida, and continue to expand the list of properties included in our review.
As of December 2025, only a limited number of 2026 budgets have been officially approved and released. This list will grow significantly in the coming weeks and months, and we will regularly update both the article and the comparison charts as additional condominium budgets become available.
Condo sales volume remains below last year's 20-year record low, though the past three months showed higher sales compared to the same months in 2024. Average condo prices have dropped 7.4% from 2024's annual average.
Condo sales volume this year remains sluggish, trailing 29% below 2024’s 20-year record low. Average condo prices have declined by 6.5% compared to 2024’s annual average, with an even steeper drop of 16% when measured against Q1 2024. A deeper analysis reveals a significant split. Condos built before and after 1990 show a much wider price gap.