Condominium sales in Panama City Beach were down this year in May when compared to May of 2009.  Sixty-four condos sold in 2010, compared to the Seventy-two sales the prior year.  June seamed to pick up the slack with a year over year increase.  Seventy-two condos sold in 2010, compared to the Fifty-nine sales the prior year.

Sales fell off a cliff in July when compared to July of 2009.  Fifty-six condos sold in 2010 compared to the  Seventy-eight (non preconstruction) condo sales the prior year.

This summer can be summed up in one word . . . OIL.  Everyone was waiting to see what happened.  Everyone was waiting for the

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