Market Report
Another week, another look at what actually sold along the beach. This week’s Condo Edition breaks down recent sales, new listings, price points, days on market, and price per square foot across Gulf Shores, Orange Beach, and Perdido Key.
12 condos were sold in Gulf Shores last week.
HIGHEST PRICED property (3 beds | 3 baths | 1922 SF | built in 1999) sold for: $1,100,000 (100% of List) | $572.32 per SF | 26 DOM | $1,099,000 Original List Price
LOWEST PRICED property (0 bed | 1 baths | 279 SF | built in 1995) sold for: $169,752 (97% of List) | $608.43 per SF | 54 DOM | $175,000 Original List Price
15 Condos were listed for sale in Gulf Shores last week.
Highest Priced: $1,558,000
Lowest Priced: $215,000
15 Condos sold in Orange Beach last week
HIGHEST PRICED property (3 beds | 3 baths | 2301 SF | built in 2009) sold for: $1,565,500 (99% of List) | $680.36 per SF | 9 DOM | $1,570,000 Original List Price
LOWEST PRICED property (2 beds | 2 baths | 650 SF | built in 1995) sold for: $340,000 (93% of List) | $523.08per SF | 366 DOM | $364,900 Original List Price
21 Condos were listed for sale in Orange Beach last week.
Highest Priced: $1,850,000
Lowest Priced: $310,000
Five condos sold on Perdido Key last week.
HIGHEST PRICED Property (4 beds | 4.5 baths | 4828 SF | built in 2003) sold for: $1,900,000 (78% of List) | $393.54 per SF | 593 DOM | $2,450,000 Original List Price
LOWEST PRICED Property (3 beds | 3 baths | 1787 SF | built in 2006) sold for: $1,010,000 (92% of List) | $565.19 per SF | 194 DOM | $1,100,000 Original List Price
Five condos were listed for sale on Perdido Key last week.
HIGHEST PRICED: $735,000
LOWEST PRICED: $389,900
That’s the beach condo market snapshot for the week. For help buying, selling, or understanding what your Gulf Coast condo may be worth, connect with The Leigh McPherson Team at RE/MAX of Orange Beach.
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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It is an honor to not only help dozens of clients buy or sell their properties but also see so many of their stories play out and get to be a part of writing a chapter. We strive to always take care of our clients with thorough communication, strategic negotiation skills, local contacts for specialized professions, area knowledge, as well as a touch of style and grace.