Market Report
If you’ve been watching the Gulf Coast condo market closely, this past week might surprise you.
In Gulf Shores alone, 14 condos sold—and every single one came in under $550,000.
Now here’s where it gets interesting…
back in 2024, fewer units sold, and the median price was sitting right around that same level.
So what does that shift actually mean today?
Are buyers pushing the market downward, or are sellers adjusting to meet demand?
Let’s break down what sold, what went active, and what the numbers are really telling us about the market at the beach.
14 condos were sold in Gulf Shores last week.
HIGHEST PRICED property (3 beds | 2 baths | 1212 SF | built in 2005) sold for: $535,000 (98% of List) | $441.42 per SF | 172 DOM | $548,000 Original List Price

LOWEST PRICED property (2 beds | 2 baths | 1014 SF | built in 1997) sold for: $175,000 (81% of List) | $172.58 per SF | 162 DOM | $215,000 Original List Price

33 Condos were listed for sale in Gulf Shores last week.
Highest Priced: $1,100,000
Lowest Priced: $150,000
Eight Condos sold in Orange Beach last week
HIGHEST PRICED property (3 beds | 3 baths | 2301 SF | built in 2009) sold for: $1,511,250 (92% of List) | $656.78 per SF | 741 DOM | $1,650,000 Original List Price

LOWEST PRICED property (2 beds | 2 baths | 1050 SF | built in 2000) sold for: $322,000 (87% of List) | $306.67 per SF | 494 DOM | $370,000 Original List Price

37 Condos were listed for sale in Orange Beach last week.
Highest Priced: $3,500,000
Lowest Priced: $215,000
Seven Condos sold on Perdido Key last week
HIGHEST PRICED Property (3 beds | 3 baths | 1750 SF | built in 2005) sold for: $820,000 (93% of List) | $468.57 per SF | 290 DOM | $3,800,000 Original List Price

LOWEST PRICED Property (2 beds | 2 baths | 900 SF | built in 2007) sold for: $257,000 (76% of List) | $285.56 per SF | 180 DOM | $879,000 Original List Price

Nine condos were listed for sale on Perdido Key last week.
HIGHEST PRICED: $2,000,000
LOWEST PRICED: $300,000
The Gulf Coast condo market is always moving—but weeks like this give us real insight into where things may be heading.
Whether you’re thinking about buying, selling, or just keeping an eye on your investment, understanding these trends puts you one step ahead.
If you’d like a breakdown of what this means for your specific property—or what opportunities may be opening up—let’s talk.
Leigh McPherson, REALTOR®
Associate Broker / Team Leader
REMAX of Orange Beach*
(251) 609-9994
*Each office is independently owned and operated.
**Ask me about my marketing partnership with the Gulf Shores International Airport.**
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