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, $900,000 - $1,000,000

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24230 Perdido Beach Boulevard Unit 3151, Orange Beach

$999,999

24230 Perdido Beach Boulevard Unit 3151, Orange Beach

3 Beds 3 Baths 2,047 SqFt Residential MLS® # 380192

Carrie Fitts Real Estate FH

Lot 27 Sampson Avenue, Orange Beach

$999,900

Lot 27 Sampson Avenue, Orange Beach

3 Beds 3 Baths 2,581 SqFt Residential MLS® # 384251

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

29576 Perdido Beach Boulevard Unit 1209, Orange Beach

$999,000

↓ $43,000

29576 Perdido Beach Boulevard Unit 1209, Orange Beach

3 Beds 2 Baths 1,395 SqFt Residential MLS® # 380799

Georgia West Realty LLC

29235 Perdido Beach Boulevard Unit 203, Orange Beach

$999,000

↓ $76,000

29235 Perdido Beach Boulevard Unit 203, Orange Beach

3 Beds 3 Baths 1,862 SqFt Residential MLS® # 380786

RE/MAX of Gulf Shores

27405 Polaris Street Unit 302, Orange Beach

$999,000

↓ $100,000

27405 Polaris Street Unit 302, Orange Beach

4 Beds 4 Baths 1,803 SqFt Residential MLS® # 370907

eXp Realty Southern Branch PHONE: 678-457-0677

28107 Perdido Beach Boulevard Unit D906, Orange Beach

$995,000

28107 Perdido Beach Boulevard Unit D906, Orange Beach

3 Beds 3 Baths 1,796 SqFt Residential MLS® # 385758

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

29209 Perdido Beach Boulevard Unit 101, Orange Beach

$995,000

29209 Perdido Beach Boulevard Unit 101, Orange Beach

3 Beds 3 Baths 2,591 SqFt Residential MLS® # 381956

RE/MAX on the Coast

30351 River Road, Orange Beach

$989,000

30351 River Road, Orange Beach

3 Beds 3 Baths 2,740 SqFt Residential MLS® # 379878

Ono Island Luxury Realty LLC

27582 Canal Road Unit 2411, Orange Beach

$989,000

↓ $106,000

27582 Canal Road Unit 2411, Orange Beach

3 Beds 4 Baths 2,342 SqFt Residential MLS® # 377099

RE/MAX of Orange Beach PHONE: 334-654-0750

29531 Perdido Beach Boulevard Unit 808, Orange Beach

$985,000

29531 Perdido Beach Boulevard Unit 808, Orange Beach

2 Beds 2 Baths 1,542 SqFt Residential MLS® # 386163

White Shores Realty, LLC

24880 Perdido Beach Boulevard Unit 803, Orange Beach

$984,000

↓ $15,000

24880 Perdido Beach Boulevard Unit 803, Orange Beach

3 Beds 3 Baths 1,943 SqFt Residential MLS® # 384439

Wellhouse Real Estate LLC

25250 Perdido Beach Boulevard Unit 304e, Orange Beach

$975,000

↓ $100,000

25250 Perdido Beach Boulevard Unit 304e, Orange Beach

3 Beds 3 Baths 1,634 SqFt Residential MLS® # 375980

Joy Sullivan Realty LLC

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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