Luxury Market Insights
Tucked along the quiet coast, the AL-FL Gulf Coast continues to offer some of the best-kept secrets on the Gulf. Last week’s sales reveal what buyers are prioritizing in this laid-back beach town. Let’s take a look at what changed hands in paradise.
Ten condos were sold in Gulf Shores last week.
HIGHEST PRICED property (2 beds | 2 baths | 1161 SF | built in 2006) sold for: $705,000 (99% of List) | $607 per SF | 1 DOM | $715,000 Original List Price
LOWEST PRICED property (1 bed | 1 bath | 762 SF | built in 2006) sold for: $157,500 (83% of List) | $207 per SF | 311 DOM | $189,900 Original List Price
12 condos were listed for sale in Gulf Shores last week.
Highest Priced: $625,000
Lowest Priced: $239,900
Five condos sold in Orange Beach last week
HIGHEST PRICED property (3 beds | 3 baths | 2134 SF | built in 2006) sold for: $1,700,000 (100% of List) | $797 per SF | 1 DOM | $1,700,000 Original List Price
LOWEST PRICED property (2 beds | 1.5 baths | 1080 SF | built in 1985) sold for: $300,000 (82% of List) | $278 per SF | 236 DOM | $365,000 Original List Price
Six condos were listed for sale in Orange Beach last week.
Highest Priced: $1,550,000
Lowest Priced: $639,000
Four condos sold on Perdido Key last week.
HIGHEST PRICED Property (5 beds | 5.5 baths | 4004 SF | built in 2007) sold for: $1,675,000 (91%% of List) | $418 per SF | 113 DOM | $1,850,000 Original List Price
LOWEST PRICED Property (1 bed | 1.5 baths | 750 SF | built in 2000) sold for: $260,000 (95% of List) | $347 per SF | 211 DOM | $275,000 Original List Price
Five condos were listed for sale on Perdido Key last week.
HIGHEST PRICED: $1,000,000
LOWEST PRICED: $265,000
That’s your Gulf Shores - Orange Beach - Perdido Key market snapshot for the week! If you’re dreaming of your own coastal getaway or ready to talk strategy for buying or selling, we’re just a message away. Let’s make your beach goals a reality.
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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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.