Investor Intelligence
What changed in the beach condo market last week? We’re looking at the latest closed sales, new listings and pricing activity across Gulf Shores, Orange Beach and Perdido Key.
10 Condos were sold in Gulf Shores last week.
HIGHEST PRICED property (3 beds | 3.5 baths | 1321 SF | built in 2001) sold for: $750,000 (99% of List) | $567 per SF | 14 DOM | $759,000 Original List Price
LOWEST PRICED property (3 beds | 2 baths | 1908 SF | built in 1997) sold for: $260,000 (97% of List) | $136 per SF | 18 DOM | $269,000 Original List Price
12 Condos were listed for sale in Gulf Shores last week.
Highest Priced: $1,569,000
Lowest Priced: $247,000
Nine Condos sold in Orange Beach last week
HIGHEST PRICED property (3 beds | 3.5 baths | 2301 SF | built in 2005) sold for: $1,555,000 (96% of List) | $675 per SF | 53 DOM | $1,625,000 Original List Price
LOWEST PRICED property (3 beds | 2 baths | 1144 SF | built in 1983) sold for: $519,000 (100% of List) | $453 per SF | 39 DOM | $519,000 Original List Price
15 Condos were listed for sale in Orange Beach last week.
Highest Priced: $2,499,000
Lowest Priced: $250,000
Two condos sold on Perdido Key last week.
HIGHEST PRICED Property (3 beds | 3 baths | 1935 SF | built in 2006) sold for: $790,000 (94% of List) | $408.27 per SF | 16 DOM | $825,000 Original List Price
LOWEST PRICED Property (3 beds | 2 baths | 1742 SF | built in 2006) sold for: $434,900 (100% of List) | $249.66 per SF | 27 DOM | $434,900 Original List Price
Two condos were listed for sale on Perdido Key last week.
HIGHEST PRICED: $599,0000
LOWEST PRICED: $475,000
That’s this week’s look at the AL-FL Gulf Coast condo market. Curious what these numbers mean for your property or your next purchase? The Leigh McPherson Team is here to help.
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.