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, $600,000 - $700,000

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$695,000

↓ $30,000

26750 Perdido Beach Boulevard Unit 101, Orange Beach

3 Beds 3 Baths 1,234 SqFt Residential MLS® # 364332

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

$694,000

27580 Canal Road Unit 1406, Orange Beach

2 Beds 2 Baths 1,308 SqFt Residential MLS® # 383697

Mobile Bay Realty Main: 251-230-7555

$694,000

↓ $5,000

24038 Perdido Beach Boulevard Unit 803, Orange Beach

3 Beds 2 Baths 1,250 SqFt Residential MLS® # 377186

eXp Realty Southern Branch PHONE: 251-923-7902

$690,000

↓ $9,000

28760 Perdido Beach Boulevard Unit 404 S, Orange Beach

2 Beds 2 Baths 1,158 SqFt Residential MLS® # 355035

RE/MAX of Orange Beach PHONE: 251-533-6677

$689,900

↓ $10,090

26800 Perdido Beach Boulevard Unit 809, Orange Beach

2 Beds 2 Baths 1,064 SqFt Residential MLS® # 372906

MarMac Real Estate Coastal PHONE: 251-753-5787

$689,000

27008 Perdido Beach Boulevard Unit 702, Orange Beach

2 Beds 2 Baths 1,064 SqFt Residential MLS® # 381280

Signature Properties

$689,000

↓ $5,000

20 West Gate, Orange Beach

2 Beds 3 Baths 1,240 SqFt Residential MLS® # 380002

Keller Williams AGC Realty - Orange Beach PHONE: 251-923-8390

$689,000

↓ $35,000

29250 Perdido Beach Boulevard Unit 103, Orange Beach

2 Beds 2 Baths 1,450 SqFt Residential MLS® # 364942

RE/MAX Paradise

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$685,000

27501 Perdido Beach Boulevard Unit 407, Orange Beach

2 Beds 3 Baths 1,527 SqFt Residential MLS® # 386539

Bellator Real Estate, LLC Fair PHONE: 251-463-1398

$685,000

28760 Perdido Beach Boulevard Unit 311s, Orange Beach

2 Beds 2 Baths 1,154 SqFt Residential MLS® # 385964

Norman Realty Inc

$685,000

↓ $25,000

16 Market Street Unit 16, Orange Beach

2 Beds 2 Baths 2,174 SqFt Residential MLS® # 384465

PARC Realty, LLC

$685,000

26750 Perdido Beach Boulevard Unit 1102, Orange Beach

2 Beds 2 Baths 996 SqFt Residential MLS® # 377830

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

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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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