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, $700,000 - $800,000

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$800,000

↓ $25,000

24038 Perdido Beach Boulevard Unit 901, Orange Beach

3 Beds 3 Baths 1,300 SqFt Residential MLS® # 367170

Keller Williams - Mobile

$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

$799,900

27225 Magnolia Drive, Orange Beach

3 Beds 3 Baths 2,412 SqFt Residential MLS® # 372968

Courtney and Morris Springhill

$799,900

↓ $49,100

24310 Perdido Beach Boulevard Unit 404b, Orange Beach

3 Beds 2 Baths 1,683 SqFt Residential MLS® # 366215

Roberts Brothers TREC richardharski@robertsbrothers.com

$799,000

↓ $80,000

22984 Perdido Beach Boulevard Unit B-55, Orange Beach

3 Beds 3 Baths 1,706 SqFt Residential MLS® # 370882

Elite Real Estate Solutions, LLC PHONE: 251-213-3522

$799,000

32540 Sandpiper Drive, Orange Beach

3 Beds 3 Baths 1,621 SqFt Residential MLS® # 376289

Keller Williams AGC Realty - Orange Beach

$799,000

↓ $46,000

28900 Perdido Beach Boulevard Unit 1b, Orange Beach

3 Beds 3 Baths 1,626 SqFt Residential MLS® # 375973

Wellhouse Real Estate LLC

$799,000

27501 Perdido Beach Boulevard Unit 311, Orange Beach

3 Beds 3 Baths 1,940 SqFt Residential MLS® # 375539

Kaiser Sotheby's Int-GS DIR: 251-968-6869

$799,000

29576 Perdido Beach Boulevard Unit 1411, Orange Beach

2 Beds 2 Baths 1,064 SqFt Residential MLS® # 375353

RE/MAX of Orange Beach PHONE: 251-609-4472

$799,000

25020 Perdido Beach Boulevard Unit 804b, Orange Beach

3 Beds 2 Baths 1,263 SqFt Residential MLS® # 373554

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

$799,000

23094 Island Oak Lane Unit 64, Orange Beach

2 Beds 3 Baths 1,368 SqFt Residential MLS® # 373527

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

$799,000

↓ $26,000

27100 Perdido Beach Boulevard Unit 1201, Orange Beach

3 Beds 2 Baths 1,383 SqFt Residential MLS® # 373016

Coldwell Banker Coastal Realty

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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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