REAL ESTATE MARKET UPDATE: NOVEMBER 2021

GULF SHORES – ORANGE BEACH

November is done and the hot streak continues in the real estate market.  Baldwin County, AL continues to be a hot bed of growth and investment, attracting new residents from across the country.

Below is a  breakdown of the real estate market in Gulf Shores and Orange Beach for November 2021.  We’ll look at key metrics and follow the trends. 

HIGHLIGHTS:

  • Orange Beach Non-Condos (homes) sales in November saw a Year-Over-Year increase in price per Sq Ft of 62%.   While November 2020 was below average for 2020,  November 2021 was helped by a handful of waterfront, luxury homes that sold between $500-$985 sq ft..
  • The three other categories saw Year-Over-Year increases as well: Gulf Shores condos  23%,   Gulf Shores Non-Condos  37%,  Orange Beach Condos 17%
  • November units sold increased Year-Over-Year for 3 of the 4 categories:   Gulf Shores condos  64%,   Gulf Shores Non-Condos  62%,  Orange Beach Condos 100%
  • November sold properties average days on the market saw a slight increase from the 2021 trend but maintains the 30-60 range.

 

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.