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, $800,000 - $900,000

• All Listings

Bedrooms

Bathrooms

Price Range

Save Search

Sort by:

Price, high to low

$869,000

↓ $21,000

27770 Canal Road Unit 2408, Orange Beach

3 Beds 3 Baths 1,710 SqFt Residential MLS® # 385250

Coldwell Banker Reehl Prop Fairhope PHONE: 251-554-8777

$869,000

5307 Florida Avenue, Orange Beach

3 Beds 3 Baths 2,200 SqFt Residential MLS® # 373500

Signature Properties

$854,900

28107 Perdido Beach Boulevard Unit D416, Orange Beach

2 Beds 2 Baths 1,602 SqFt Residential MLS® # 382746

Bellator Real Estate, LLC PHONE: 251-591-2003

$850,000

28105 Perdido Beach Boulevard Unit C808, Orange Beach

2 Beds 2 Baths 1,682 SqFt Residential MLS® # 378307

Caribe Realty, Inc. PHONE: 251-747-1232

$850,000

27501 Perdido Beach Boulevard Unit 205, Orange Beach

3 Beds 3 Baths 1,783 SqFt Residential MLS® # 373047

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

$850,000

↓ $24,000

25342 Perdido Beach Boulevard Unit 905, Orange Beach

3 Beds 3 Baths 1,582 SqFt Residential MLS® # 367445

Keller Williams AGC Realty - Orange Beach DIR: 251-377-3335

$849,999

25020 Perdido Beach Boulevard Unit 204a, Orange Beach

3 Beds 2 Baths 1,263 SqFt Residential MLS® # 381317

Kim Ward Realty, LLC PHONE: 251-979-7101

$849,900

↓ $50,000

27800 Canal Road Unit 109, Orange Beach

3 Beds 3 Baths 1,822 SqFt Residential MLS® # 380746

Luna Beach Properties, LLC Main: 251-948-2645

$849,000

28105 Perdido Beach Boulevard Unit C601, Orange Beach

2 Beds 2 Baths 1,682 SqFt Residential MLS® # 380164

Caribe Realty, Inc. PHONE: 251-747-1232

$849,000

2457 Saltgrass Way Unit 8, Orange Beach

2 Beds 3 Baths 1,386 SqFt Residential MLS® # 377394

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

$849,000

↓ $49,000

25525 W Perdido Avenue, Orange Beach

0 Beds 0 Baths 0 SqFt Land MLS® # 370736

RE/MAX Paradise

$847,990

24176 Pepper Lane, Orange Beach

4 Beds 4 Baths 2,450 SqFt Residential MLS® # 382668

Verret Realty LLC

Prev

1 2 3 4 5 6

Next

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.

Tags

• Orange Beach (304)
• 2024 (11)
• july (3)
• market (3)