Exploring Real Estate Opportunities in Orange Beach: Trends and Developments

In Orange Beach, Alabama, the real estate market is characterized by robust new construction and a high demand for the coastal lifestyle. 

New developments are enhancing the area's attractiveness. These include new construction in neighborhoods like Ono Island and the introduction of oceanfront condo complexes such as Phoenix Key Tower I and Phoenix South Point Condo, which cater to the growing demand for luxury and waterfront living. Such developments are significant, indicating strong confidence among developers in the enduring appeal of Orange Beach as a prime location.

Regarding recent market trends, analysis shows a shift in the dynamic of residential sales and property prices. Year-over-year data indicates that while the number of residential sales in Orange Beach decreased from 288 in the second quarter of 2023 to 236 in the same period of 2024, there has been an increase in property prices—from an average sales price of $795,141 in the second quarter of 2023 to $874,697 in 2024. This suggests that the market is experiencing higher-value transactions despite fewer sales.

SEARCH ORANGE BEACH REAL ESTATE LISTINGS FOR SALE, $200,000 - $300,000

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$299,900

25925 Canal Road Unit 207, Orange Beach

2 Beds 2 Baths 804 SqFt Residential MLS® # 379815

IXL Real Estate

$299,900

23044 Perdido Beach Boulevard Unit 334, Orange Beach

1 Bed 2 Baths 808 SqFt Residential MLS® # 376457

RE/MAX of Orange Beach PHONE: 251-979-8899

$299,900

28888 Canal Road Unit 77, Orange Beach

1 Bed 1 Bath 275 SqFt Residential MLS® # 365526

Bellator RE LLC Orange Beach PHONE: 251-752-9100

$299,900

23044 Perdido Beach Boulevard Unit 362, Orange Beach

1 Bed 2 Baths 616 SqFt Residential MLS® # 368010

Shamrock Properties, LLC PHONE: 251-533-9033

$299,000

23601 Perdido Beach Boulevard, Orange Beach

0 Beds 0 Baths 0 SqFt Land MLS® # 372244

RV Resort Management LLC

$299,000

24522 Perdido Beach Boulevard Unit 2106, Orange Beach

1 Bed 1 Bath 720 SqFt Residential MLS® # 371752

Keller Williams - Mobile

$299,000

↓ $6,000

23044 Perdido Beach Boulevard, Orange Beach

1 Bed 2 Baths 616 SqFt Residential MLS® # 371221

JPAR Gulf Coast - Orange Beach PHONE: 919-455-5933

$299,000

↓ $27,000

24535 Perdido Beach Boulevard Unit 107, Orange Beach

2 Beds 2 Baths 890 SqFt Residential MLS® # 360074

EXP Realty Seaside PHONE: 251-279-0099

$295,900

25805 Perdido Beach Boulevard Unit 102, Orange Beach

1 Bed 1 Bath 651 SqFt Residential MLS® # 376717

World Impact Real Estate

$295,900

↓ $14,000

23044 Perdido Beach Boulevard Unit 357, Orange Beach

1 Bed 2 Baths 616 SqFt Residential MLS® # 356030

RE/MAX of Orange Beach CELL: 251-752-0497

$290,000

28813 Perdido Beach Boulevard Unit 203, Orange Beach

0 Beds 1 Bath 400 SqFt Residential MLS® # 374927

eXp Realty Southern Branch CELL: 251-210-7088

$289,900

25805 Perdido Beach Boulevard Unit 324, Orange Beach

1 Bed 1 Bath 651 SqFt Residential MLS® # 380393

World Impact Real Estate

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Interest rates are a significant factor in market dynamics. A potential reduction in interest rates might improve affordability, boost the buying market, and potentially lead to an increase in sales volumes. It's suggested that lower rates could stimulate more activity and benefit both buyers and sellers.

The demand for properties in Orange Beach continues to be strong, driven by its picturesque white sandy beaches, turquoise waters, nautical activities, and relaxed culture, which continues to draw a diverse array of buyers.

For those interested in real estate investments or considering relocating to a scenic location, Orange Beach presents solid opportunities. With support from skilled realtors, navigating this market can successfully lead to positive outcomes both in the short and long term.

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• Orange Beach (232)
• 2024 (11)
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