Jan 12 2025: What Sold at the Beach Last Week?
Luxury Market Insights
Luxury Market Insights
Last week’s condo sales closed out under typical beach conditions, but colder weather is moving in now. As the temperatures drop along the Gulf Coast this week, this recap gives a clear look at how the market wrapped up, with solid data from Orange Beach, Gulf Shores, and Perdido Key to start the new year.
Nine Condos sold in Gulf Shores last week
HIGHEST PRICED property (3 beds | 3 baths | 1597 SF | built in 2005) sold for: $728,000 (97% of List) | $455.85 per SF | 186 DOM | $750,000 Original List Price
LOWEST PRICED property (2 beds | 2 baths | 896 SF | built in 1997) sold for: $262,500 (83% of List) | $292.97 per SF | 66 DOM | $315,000 Original List Price
31 Condos were listed for sale last week.
Highest Priced: $2,195,000
Lowest Priced: $195,000
Nine Condos sold in Orange Beach last week
HIGHEST PRICED property (3 beds | 4 baths | 1959 SF | built in 2013) sold for: $950,000 (86% of List) | $484.94 per SF | 300 DOM | $1,100,000 Original List Price
LOWEST PRICED property (1 bed | 2 baths | 616 SF | built in 1985) sold for: $270,000 (102% of List) | $438.31 per SF | 115 DOM | $264,000 Original List Price
24 Condos listed last week.
Highest Priced: $2,150,000
Lowest Priced: $359,900
Five Condos sold on Perdido Key last week
HIGHEST PRICED Property (2 beds | 2 baths | 1207 SF | built in 1991) sold for: $710,000 (95% of List) | $588.24 per SF | 28 DOM | $745,000 Original List Price
LOWEST PRICED Property (1 bed | 1 bath | 654 SF | built in 2000) sold for: $245,000 (91% of List) | $374.62 per SF | 166 DOM | $269,999 Original List Price
Five condos listed on Perdido Key last week.
HIGHEST PRICED: $990,000
LOWEST PRICED: $275,000
While the weather cools this week, the market data from last week gives us a steady reference point for pricing, demand, and momentum heading into the new year. We’ll keep tracking the numbers weekly so you can stay informed, no matter what the forecast looks like.
Leigh McPherson, REALTOR®
Associate Broker / Team Leader
REMAX of Orange Beach*
(251) 609-9994
*Each office is independently owned and operated.
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