In Panama City, the average residential price is around USD 1,804 per square meter, with an approximate 2.38% year-over-year increase in the urban segment.
In the first quarter of 2025, there are 16,519 apartments in pre-sales across 412 active projects, representing a 7.2% decline in inventory compared to the previous year.
Moderate growth is projected over the medium term: some analyses forecast a compound annual growth rate (CAGR) of approximately 1.95% between 2024 and 2028, with the real estate market reaching USD 251.60 billion.
