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, $700,000 - $800,000

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5172 Pine Road, Orange Beach

$799,900

↓ $45,100

5172 Pine Road, Orange Beach

5 Beds 4 Baths 2,300 SqFt Residential MLS® # 384352

Keller Williams AGC Realty-Da PHONE: 251-928-9890

27008 Perdido Beach Boulevard Unit 1406, Orange Beach

$799,900

27008 Perdido Beach Boulevard Unit 1406, Orange Beach

3 Beds 2 Baths 1,420 SqFt Residential MLS® # 378073

RE/MAX By The Bay CELL: 251-401-3030

26750 Perdido Beach Boulevard Unit 1105, Orange Beach

$799,000

↓ $11,000

26750 Perdido Beach Boulevard Unit 1105, Orange Beach

3 Beds 3 Baths 1,317 SqFt Residential MLS® # 381276

Wellhouse Real Estate LLC

27503 Canal Road, Orange Beach

$799,000

27503 Canal Road, Orange Beach

0 Beds 0 Baths 0 SqFt Land MLS® # 380905

Signature Properties

28900 Perdido Beach Boulevard Unit 2b, Orange Beach

$799,000

↓ $51,000

28900 Perdido Beach Boulevard Unit 2b, Orange Beach

3 Beds 3 Baths 1,626 SqFt Residential MLS® # 379798

Bella Beach Properties Main: 251-981-2431

26750 Perdido Beach Boulevard Unit 609, Orange Beach

$799,000

↓ $21,000

26750 Perdido Beach Boulevard Unit 609, Orange Beach

3 Beds 3 Baths 1,234 SqFt Residential MLS® # 375809

C Properties Sales & Managemen PHONE: 251-979-6011

29348 Perdido Beach Boulevard Unit 309, Orange Beach

$799,000

↓ $30,000

29348 Perdido Beach Boulevard Unit 309, Orange Beach

2 Beds 3 Baths 1,330 SqFt Residential MLS® # 373742

eXp Realty Southern Branch PHONE: 251-923-7902

27405 Polaris Street Unit 503, Orange Beach

$799,000

↓ $30,000

27405 Polaris Street Unit 503, Orange Beach

3 Beds 2 Baths 1,367 SqFt Residential MLS® # 374327

Signature Properties

26072 Perdido Beach Boulevard Unit 404 B, Orange Beach

$797,000

26072 Perdido Beach Boulevard Unit 404 B, Orange Beach

3 Beds 3 Baths 1,633 SqFt Residential MLS® # 385785

RE/MAX of Orange Beach PHONE: 251-554-1493

29576 Perdido Beach Boulevard Unit 1212, Orange Beach

$795,000

29576 Perdido Beach Boulevard Unit 1212, Orange Beach

2 Beds 2 Baths 1,064 SqFt Residential MLS® # 385370

White Shores Realty, LLC

24038 Perdido Beach Boulevard Unit 401, Orange Beach

$795,000

24038 Perdido Beach Boulevard Unit 401, Orange Beach

3 Beds 3 Baths 1,300 SqFt Residential MLS® # 382901

Bayside Real Estate Group

6 Meeting Street, Orange Beach

$795,000

↓ $33,000

6 Meeting Street, Orange Beach

2 Beds 2 Baths 1,222 SqFt Residential MLS® # 377182

Kaiser Sotheby's Int-GS PHONE: 251-752-0192

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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