Market Report
The condo market tells a story every week. Here’s what sold at the beach last week, what new inventory hit the market, and what the numbers say about buyer activity along the AL-FL Gulf Coast.
13 condos were sold in Gulf Shores last week.
HIGHEST PRICED property (2 beds | 2 baths | 1038 SF | built in 1999) sold for: $675,000 (94% of List) | $650.29 per SF | 556 DOM | $719,000 Original List Price
LOWEST PRICED property (2 beds | 2 baths | 1004 SF | built in 2006) sold for: $195,000 (85% of List) | $194.22 per SF | 195 DOM | $229,000 Original List Price
26 Condos were listed for sale in Gulf Shores last week.
Highest Priced: $670,000
Lowest Priced: $215,900
19 Condos sold in Orange Beach last week
HIGHEST PRICED property (4 beds | 4 baths | 2724 SF | built in 2006) sold for: $1,450,000 (97% of List) | $532.31 per SF | 23 DOM | $1,500,000 Original List Price
LOWEST PRICED property (2 beds | 2 baths | 1040 SF | built in 1986) sold for: $400,000 (93% of List) | $384.62 per SF | 61 DOM | $425,000 Original List Price
16 Condos were listed for sale in Orange Beach last week.
Highest Priced: $1,750,000
Lowest Priced: $224,000
Seven condos sold on Perdido Key last week.
HIGHEST PRICED Property (4 beds | 4.5 baths | 3186 SF | built in 2006) sold for: $2,100,000 (98% of List) | $659.13 per SF | 14 DOM | $2,100,000 Original List Price
LOWEST PRICED Property (2 beds | 2.5 baths | 1152 SF | built in 2001) sold for: $308,750 (95% of List) | $268.01 per SF | 5 DOM | $325,000 Original List Price
Six Condos were listed for sale on Perdido Key last week.
HIGHEST PRICED: $2,450,0000
LOWEST PRICED: $299,000
The numbers change weekly, but the goal stays the same: smart decisions backed by local market data. Reach out to The Leigh McPherson Team for guidance on Gulf Shores, Orange Beach, and Perdido Key condos.
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.