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, $800,000 - $900,000

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25020 Perdido Beach Boulevard Unit 404a, Orange Beach

$845,000

25020 Perdido Beach Boulevard Unit 404a, Orange Beach

3 Beds 2 Baths 1,263 SqFt Residential MLS® # 381365

RE/MAX Paradise

29348 Perdido Beach Boulevard Unit 808, Orange Beach

$845,000

↓ $4,000

29348 Perdido Beach Boulevard Unit 808, Orange Beach

2 Beds 3 Baths 1,330 SqFt Residential MLS® # 357947

Dream Home Realty, LLC PHONE: 337-522-3334

27282 Canal Road Unit 207, Orange Beach

$840,000

↓ $25,000

27282 Canal Road Unit 207, Orange Beach

4 Beds 3 Baths 1,604 SqFt Residential MLS® # 384382

Goode Realty, LLC

25020 Perdido Beach Boulevard Unit 405a, Orange Beach

$839,000

25020 Perdido Beach Boulevard Unit 405a, Orange Beach

3 Beds 2 Baths 1,263 SqFt Residential MLS® # 384028

RE/MAX of Gulf Shores

24157 Paprika Lane, Orange Beach

$839,000

↓ $50,000

24157 Paprika Lane, Orange Beach

4 Beds 4 Baths 2,544 SqFt Residential MLS® # 377174

RE/MAX on the Coast

25020 Perdido Beach Boulevard Unit 603a, Orange Beach

$835,000

↓ $15,000

25020 Perdido Beach Boulevard Unit 603a, Orange Beach

3 Beds 2 Baths 1,263 SqFt Residential MLS® # 381148

Engel and Volkers Gulf Shores

2509 Saltgrass Way Unit 33, Orange Beach

$835,000

↓ $15,000

2509 Saltgrass Way Unit 33, Orange Beach

2 Beds 3 Baths 1,440 SqFt Residential MLS® # 365073

Simpson Properties Group

26072 Perdido Beach Boulevard Unit 801e, Orange Beach

$830,000

26072 Perdido Beach Boulevard Unit 801e, Orange Beach

3 Beds 3 Baths 1,633 SqFt Residential MLS® # 383201

Current Tides Vacation Rentals PHONE: 251-979-7852

24800 Perdido Beach Boulevard, Orange Beach

$830,000

↓ $30,735

24800 Perdido Beach Boulevard, Orange Beach

3 Beds 2 Baths 1,266 SqFt Residential MLS® # 382546

Wellhouse Real Estate LLC

27008 Perdido Beach Boulevard Unit 1004, Orange Beach

$830,000

27008 Perdido Beach Boulevard Unit 1004, Orange Beach

3 Beds 2 Baths 1,392 SqFt Residential MLS® # 378620

Current Tides Vacation Rentals PHONE: 251-979-7852

24900 Perdido Beach Boulevard Unit 1506, Orange Beach

$829,900

24900 Perdido Beach Boulevard Unit 1506, Orange Beach

3 Beds 2 Baths 1,266 SqFt Residential MLS® # 382898

Bayside Real Estate Group

26253 St Lucia Drive, Orange Beach

$829,000

26253 St Lucia Drive, Orange Beach

4 Beds 4 Baths 3,000 SqFt Residential MLS® # 382874

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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