Luxury Market Insights
This week’s weather at the beach looks mild, with a little rain in the forecast, making it a good moment to slow down and look at the numbers. Here’s a recap of what sold at the beach last week in Orange Beach, Gulf Shores, and Perdido Key, offering a clear snapshot of how the condo market is moving as the year continues.
Eight Condos condos were sold in Gulf Shores last week.
HIGHEST PRICED property (3 beds | 3 baths | 1547 SF | built in 2006) sold for: $990,000 (99% of List) | $639.95 per SF | 59 DOM | $999,000 Original List Price
LOWEST PRICED property (1 bed | 1 bath | 600 SF | built in 1986) sold for: $189,000 (82% of List) | $315.00 per SF | 90 DOM | $229,900 Original List Price
31 Condos were listed for sale in Gulf Shores last week.
Highest Priced:$2,499,999
Lowest Priced:$219,000
Five Condos sold in Orange Beach last week
HIGHEST PRICED property (4 beds | 5 baths | 2165 SF | to be built) sold for: $2,175,000 (97% of List) | $1,004.62 per SF | 133 DOM | $2,245,000 Original List Price
LOWEST PRICED property (2 beds | 2.5 baths | 1443 SF | built in 1987) sold for: $542,500 (91% of List) | $375.95 per SF | 146 DOM | $599,000 Original List Price
32 Condos were listed for sale in Orange Beach last week.
Highest Priced: $2,050,000
Lowest Priced: $399,000
Two Condos sold on Perdido Key last week
HIGHEST PRICED Property (4 beds | 4.5 baths | 2520 SF | built in 2006) sold for: $1,525,000 (95% of List) | $605.15 per SF | 97 DOM | $1,600,000 Original List Price
LOWEST PRICED Property (2 beds | 2 baths | 1239 SF | built in 1984) sold for: $553,000 (98% of List) | $446.33 per SF | 7 DOM | $565,000 Original List Price
Four condos listed on Perdido Key last week.
HIGHEST PRICED: $2,200,000
LOWEST PRICED: $275,000
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A few rainy days don’t change the bigger picture. Closed sales from last week help show where pricing, demand, and momentum really stand along the Gulf Coast. We’ll keep breaking it down week by week so you can stay informed, no matter what the forecast brings.
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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