April 2025 Market Update: Orange Beach Condominiums
By Meredith Amon, Licensed in Alabama and Florida
Market Overview for Orange Beach Condos
As of April 8, 2025, the Orange Beach condominium market continues to show signs of a Buyer’s Market, with elevated inventory and slower absorption across nearly all price categories. Rising insurance costs, special assessments, and higher interest rates are all playing a role in the market’s current dynamic.
| Price Range | Units Sold (Last Month) | Active Listings | Months of Supply |
|---|---|---|---|
| $200,000–$299,999 | 1 | 22 | 22.0 |
| $300,000–$399,999 | 3 | 62 | 20.7 |
| $400,000–$499,999 | 4 | 64 | 16.0 |
| $500,000–$749,999 | 14 | 172 | 12.3 |
| $750,000–$999,999 | 7 | 150 | 21.4 |
| $1,000,000+ | 11 | 145 | 13.2 |
Key Insights
High Inventory + Rising Costs = Buyer Opportunity
Inventory remains elevated in all price ranges, with the largest glut in the $200K–$399K segment, where months of supply exceed 20 months. This is a direct reflection of shifting affordability, driven in part by:
-
Rising insurance premiums, especially for older Gulf-front buildings
-
Special assessments tied to structural upgrades and insurance compliance
-
Higher interest rates, reducing purchasing power and increasing hesitation among second-home and investment buyers
These economic factors are pushing buyers to be more selective—and more value-conscious—than in past years.
Mid-Range Movement: $500K–$749K
Despite overall slowdowns, the $500K–$749K range saw the most sales activity last month (14 units sold), with 12.3 months of supply. While technically still a buyer’s market, this segment reflects a slightly healthier pace.
Tip for Buyers: If you're looking for a newer condo with solid amenities and strong rental potential, this is where the best value and movement are happening.
Luxury Segment Remains Active but Cautious
Condos priced at $1 million and above saw 11 units sold, but with 13.2 months of supply, it’s clear that buyers at this level are taking their time—and expecting more for their investment.
Tip for Sellers: Presentation, upgrades, and a proven rental history are key to standing out in a crowded luxury market.
What This Means for You
For Sellers:
-
Understand the competition: With many similar units on the market, pricing competitively and offering real value are more important than ever.
-
Address buyer concerns: Be transparent about insurance costs and HOA health. Proactively sharing documents can build buyer confidence.
-
Refresh your marketing: New photography, drone footage, and updated descriptions focused on lifestyle (not just square footage) are critical.
For Buyers:
-
You’re in a strong position: Now is the time to negotiate—especially in over-supplied buildings or where assessments are on the horizon.
-
Know your costs: Insurance quotes and HOA fees can vary dramatically from building to building. I can help you compare options and avoid surprises.
-
Focus on fundamentals: Views, location, building condition, and rental demand should all factor into your long-term decision.
Looking Ahead
As we move through spring and into summer, we may see seasonal buyer traffic pick up—but inventory is expected to remain high. Insurance reform, interest rate shifts, and board-driven assessments will continue to influence demand, especially in older buildings.
SEARCH ORANGE BEACH REAL ESTATE LISTINGS FOR SALE
- All Listings
- $200,000 - $300,000
- $300,000 - $400,000
- $400,000 - $500,000
- $500,000 - $600,000
- $600,000 - $700,000
- $700,000 - $800,000
- $800,000 - $900,000
- $900,000 - $1,000,000
- Over $1,000,000
.gif){kind=logo}
Boater’s Field Manual to Ono Island Canals — Bayou St. John Access, Depths & Dock Design
THE BOATER’S FIELD MANUAL TO ONO ISLAND’S SIX CANALS
How boats actually reach these canals
If your dock is on the north side of Ono Island, your boat lives on water that empties directly into Bayou St. John. From there you run east or west—Perdido Pass, Terry Cove, Cotton Bayou, and the Perdido…
Ask A Question or Sign Up To See New Real Estate Listings Before Your Competition
When it comes to finding the home of your dreams in a fast-paced market, knowing about new listings as soon as they are available is part of our competitive advantage.Sign up to see new listings in an area or specific community. Contact Meredith with any questions you may have.