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. 

Orange Beach Market Watch July 2024

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, $400,000 - $500,000

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25805 Perdido Beach Boulevard Unit 414, Orange Beach

$499,000

↓ $1,000

25805 Perdido Beach Boulevard Unit 414, Orange Beach

3 Beds 2 Baths 1,142 SqFt Residential MLS® # 360812

Keller Williams AGC Realty - Orange Beach 251-504-1171

24522 Perdido Beach Boulevard Unit 5517, Orange Beach

$498,000

↓ $1,000

24522 Perdido Beach Boulevard Unit 5517, Orange Beach

2 Beds 2 Baths 951 SqFt Residential MLS® # 370008

Emerald Coast Realty

28888 Canal Road Unit 70, Orange Beach

$497,000

↓ $12,000

28888 Canal Road Unit 70, Orange Beach

1 Bed 1 Bath 275 SqFt Residential MLS® # 381540

Toes N Sand Properties LLC

River Road, Orange Beach

$495,000

River Road, Orange Beach

0 Beds 0 Baths 0 SqFt Land MLS® # 381700

Signature Properties

24568 Perdido Beach Boulevard Unit 106, Orange Beach

$495,000

↓ $10,000

24568 Perdido Beach Boulevard Unit 106, Orange Beach

2 Beds 2 Baths 1,030 SqFt Residential MLS® # 377323

Brett R/E Robinson Dev OB Main: 251-981-6180

26115 Perdido Beach Boulevard Unit 4f, Orange Beach

$495,000

↓ $14,900

26115 Perdido Beach Boulevard Unit 4f, Orange Beach

3 Beds 2 Baths 1,239 SqFt Residential MLS® # 373207

Coldwell Banker Reehl Prop Fairhope PHONE: 251-232-7710

24230 Perdido Beach Boulevard Unit 3142, Orange Beach

$495,000

↓ $55,000

24230 Perdido Beach Boulevard Unit 3142, Orange Beach

1 Bed 1 Bath 691 SqFt Residential MLS® # 351927

Ted Hughes Real Estate Group

26750 Perdido Beach Boulevard Unit 206, Orange Beach

$489,000

26750 Perdido Beach Boulevard Unit 206, Orange Beach

1 Bed 1 Bath 642 SqFt Residential MLS® # 386366

RE/MAX of Orange Beach PHONE: 251-609-9994

25191 Windward Place, Orange Beach

$489,000

↓ $96,000

25191 Windward Place, Orange Beach

3 Beds 2 Baths 1,281 SqFt Residential MLS® # 382602

EXIT Navigator Realty Main: 251-227-8326

23924 Cottage Loop, Orange Beach

$489,000

↓ $6,000

23924 Cottage Loop, Orange Beach

3 Beds 3 Baths 1,871 SqFt Residential MLS® # 382349

RE/MAX Paradise

26034 Perdido Beach Boulevard Unit 22, Orange Beach

$485,000

26034 Perdido Beach Boulevard Unit 22, Orange Beach

1 Bed 1 Bath 763 SqFt Residential MLS® # 386074

Joy Sullivan Realty LLC

23926 Cottage Loop, Orange Beach

$485,000

↓ $10,000

23926 Cottage Loop, Orange Beach

3 Beds 3 Baths 1,871 SqFt Residential MLS® # 382846

RE/MAX on the Coast

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.


Posted by Meredith Folger Amon on

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