Panama City Beach · Neighborhood Market Report
Breakwater at Ward Creek Market Analytics
Every number a buyer, seller, or investor needs on one neighborhood: live inventory and closed-sale history - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated November 4, 2026 · Next statistics update early December 2026
How Breakwater at Ward Creek is trading
33 homes closed in Breakwater at Ward Creek in the trailing 12 months at a median of $705,453, with a 100.0% median list-to-sale ratio. On the active side, 3 of 9 listings sit below original list price, and standing inventory works out to 3.3 months of supply at the current sales pace.
The county shows who holds the ground here. One company, Toll Southeast Inc, is the named owner of 179 of the 255 parcels in the two number series that contain the HOA's common land, and 197 of the 255 are still coded vacant. Where one owner holds most of the lots, sold figures can track that owner's release pace as much as buyer demand, so read the 61 sales and eight active listings seen on September 24, 2026 against what remains to be built. A vacant code can lag construction, so it does not prove an empty lot. Flood is the other split: about three quarters of the HOA's land is Zone A, so every lot needs its own zone check.
Year-over-year figures compare the 12 complete calendar months from November 2025 through October 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through November 4, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2024 | $630K |
| 2025 | $660K |
| 2026 YTD | $681K |
| Period | Value |
|---|---|
| 2024 | $285 |
| 2025 | $281 |
| 2026 YTD | $294 |
| Period | Value |
|---|---|
| Nov 24 | 0 |
| Dec 24 | 3 |
| Jan 25 | 1 |
| Feb 25 | 1 |
| Mar 25 | 1 |
| Apr 25 | 2 |
| May 25 | 6 |
| Jun 25 | 5 |
| Jul 25 | 6 |
| Aug 25 | 2 |
| Sep 25 | 2 |
| Oct 25 | 7 |
| Nov 25 | 4 |
| Dec 25 | 4 |
| Jan 26 | 2 |
| Feb 26 | 3 |
| Mar 26 | 4 |
| Apr 26 | 4 |
| May 26 | 2 |
| Jun 26 | 1 |
| Jul 26 | 4 |
| Aug 26 | 4 |
| Sep 26 | 1 |
| Oct 26 | 0 |
| Period | Value |
|---|---|
| Nov 24 | No data |
| Dec 24 | $630K |
| Jan 25 | Sample too small |
| Feb 25 | Sample too small |
| Mar 25 | Sample too small |
| Apr 25 | Sample too small |
| May 25 | $607K |
| Jun 25 | $600K |
| Jul 25 | $645K |
| Aug 25 | Sample too small |
| Sep 25 | Sample too small |
| Oct 25 | $545K |
| Nov 25 | $853K |
| Dec 25 | $737K |
| Jan 26 | Sample too small |
| Feb 26 | $639K |
| Mar 26 | $734K |
| Apr 26 | $862K |
| May 26 | Sample too small |
| Jun 26 | Sample too small |
| Jul 26 | $628K |
| Aug 26 | $690K |
| Sep 26 | Sample too small |
| Oct 26 | No data |
The monthly charts cover the 24 complete calendar months from November 2024 through October 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period November 5, 2021 through November 4, 2026.
From the active file
9 homes are on the market in Breakwater at Ward Creek today - a sample of the current file:
$549,000
263 Breakwater Boulevard
Panama City Beach, FL 32413
$649,000
313 Breakwater Boulevard Unit Lot 287
Panama City Beach, FL 32413
$759,900
251 Breakwater Boulevard
Panama City Beach, FL 32413
$1,170,000
300 Breakwater Boulevard
Panama City Beach, FL 32413
$629,000
283 Breakwater Boulevard Unit Lot 332
Panama City Beach, FL 32413
$549,000
633 Light Cast Way Unit Lot 264
Panama City Beach, FL 32413
The investor file
| Typical acquisition (median, 12 mo) | $705,453 |
|---|---|
| Middle-half range (25th-75th pct, 69 sales / 24 mo) | $553,386 - $820,837 |
| Median price, 2024 to 2026 | +8.1% ($629,990 to $681,196) |
| Average sale price (12 mo) | $734,502 |
| Sales volume, trailing 12 months | $24,238,556 |
| Sale price range, trailing 12 months | $502,937 - $1,140,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 0 | 2 | Sample too small |
| 3 BR | 6 | 13 | $639,000 |
| 4 BR | 3 | 15 | $768,583 |
| 5 BR | 0 | 3 | $954,000 |
Based on information from ECAR for the period November 5, 2021 through November 4, 2026.
Rental rules on the MLS today: 0 of 9 active listings disclose"Short Term Rental - Allowed"; 9 disclose it is not allowed. Always verify current rules with the association or county before purchasing with rental income in mind.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and were last refreshed on November 4, 2026. Based on information from ECAR for the period November 5, 2021 through November 4, 2026.
Why is there no list of individual sold homes?
33 homes closed in Breakwater at Ward Creek in the trailing 12 months, from $502,937 to $1,140,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows area-level statistics only - ask us for the street-by-street sold review and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale "median" is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling in Breakwater at Ward Creek?
We track this neighborhood's sales, inventory, and rules every month - get the full picture before you commit.
- MLS market data (ECAR) - updated November 3, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of November 4, 2026.
Sources
- Bay County BayView, Breakwater at Ward Creek owner-field parcel query (accessed September 29, 2026)
- Bay County Geographic Information Systems (accessed September 29, 2026)
- Bay County Property Protection and Flood Hazards (accessed September 29, 2026)
- Bay County GIS, parcels numbered 32717-275 and 32717-250 (accessed October 4, 2026)
- Bay County municipal boundary layer at the Breakwater HOA parcels (accessed October 4, 2026)
- FEMA National Flood Hazard Layer over the Breakwater HOA parcels (accessed October 4, 2026)