Luxury Market Insights
The beach condo market is not one-size-fits-all. Gulf-front condos, boating-access condos, low-density buildings, rental-friendly units, and luxury properties can all perform differently from week to week.
That’s why we track the numbers.
In this week’s Condo Edition of What Sold at the Beach Last Week?, we’re reviewing recent condo sales across Gulf Shores, Orange Beach, and Perdido Key, including the highest and lowest sales, average days on market, sale price compared to list price, price per square foot, and new listings that came on the market.
Two condos were sold in Gulf Shores last week.
HIGHEST PRICED property (2 beds | 2 baths | 1000 SF | built in 1984) sold for: $475,000 (96% of List) | $475 per SF | 0 DOM | $494,999 Original List Price
LOWEST PRICED property (1 beds | 1 baths | 762 SF | built in 2006) sold for: $185,000 (100% of List) | $243 per SF | 47 DOM | $185,000 Original List Price
14 condos were listed for sale in Gulf Shores last week.
Highest Priced: $718,000
Lowest Priced: $240,900
Five condos sold in Orange Beach last week
HIGHEST PRICED property (4 beds | 3 baths | 1963 SF | built in 2020) sold for: $1,885,000 (98% of List) | $960 per SF | 1 DOM | $1,925,000 Original List Price
Phoenix Orange Beach II, 23AR1
LOWEST PRICED property (2 beds | 2 baths | 1064 SF | built in 1998) sold for: $510,000 (90% of List) | $479 per SF | 106 DOM | $568,000 Original List Price
17 condos were listed for sale in Orange Beach last week.
Highest Priced: $1,675,000
Lowest Priced: $270,000
Three condos sold on Perdido Key last week.
HIGHEST PRICED Property (2 beds | 2 baths | 1374 SF | built in 1997) sold for: $785,000 (100%% of List) | $571 per SF | 9 DOM | $799,000 Original List Price
LOWEST PRICED Property (2 beds | 2 baths | 1196 SF | built in 1986) sold for: $210,000 (81% of List) | $176 per SF | 225 DOM | $260,000 Original List Price
One condo were listed for sale on Perdido Key last week.
PRICED: $930,000
The Gulf Coast condo market keeps moving, and the weekly sales data helps us stay ahead of the trends.
Whether you own a condo, want to buy a vacation property, or are looking for an income-producing beach investment, knowing what actually sold last week gives you a stronger starting point.
For local insight on Gulf Shores, Orange Beach, and Perdido Key condos, connect with The Leigh McPherson Team at RE/MAX of Orange Beach.
Leigh McPherson, REALTOR®, CLHMS
Associate Broker / Team Leader
REMAX of Orange Beach*
(251) 609-9994
*Each office is independently owned and operated.
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