GULF SHORES – ORANGE BEACH
Every month I will bring you my breakdown of the real estate market in Gulf Shores and Orange Beach. We’ll look at key metrics and follow the trends.
If you are looking for a family home, a second home on the beach and an investment opportunity, I’m here to help you zero in on the perfect property.
Sellers, this is your time. Let’s take a deep look at your specific property and develop a plan for you to benefit in this market.
- Despite the tight inventory, in Gulf Shores house units sold 90% more units and condo units sold was 21% higher. Demand is high.
- Gulf Shores condo sales price and $ Sq/ft appear to have slipped a little on paper. A deeper look shows this decline is due to a higher percent of the condos being sold being off island condos. Beach area condo prices are still climbing.
- Inventories in all areas remain low, 2-3 months.
- Orange Beach condo price sq/ft continue their upward trend, + 9% YOY