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.

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29550 St John Drive, Orange Beach

$2,050,000

↓ $250,000

29550 St John Drive, Orange Beach

5 Beds 5 Baths 5,064 SqFt Residential MLS® # 357347

J & J Realty, LLC

25610 Perdido Beach Boulevard Unit 1001, Orange Beach

$2,035,000

25610 Perdido Beach Boulevard Unit 1001, Orange Beach

4 Beds 5 Baths 2,168 SqFt Residential MLS® # 386111

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

22988 Perdido Beach Boulevard Unit 1204, Orange Beach

$2,025,000

22988 Perdido Beach Boulevard Unit 1204, Orange Beach

4 Beds 4 Baths 2,031 SqFt Residential MLS® # 380220

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

28250 Canal Road Unit 1102, Orange Beach

$2,000,000

28250 Canal Road Unit 1102, Orange Beach

4 Beds 4 Baths 3,086 SqFt Residential MLS® # 383163

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

5370 Sandy Key Drive, Orange Beach

$1,999,000

5370 Sandy Key Drive, Orange Beach

4 Beds 6 Baths 3,980 SqFt Residential MLS® # 380955

RE/MAX of Orange Beach PHONE: 251-261-9447

23008 Perdido Beach Boulevard Unit 2008, Orange Beach

$1,999,000

↓ $50,000

23008 Perdido Beach Boulevard Unit 2008, Orange Beach

4 Beds 4 Baths 2,091 SqFt Residential MLS® # 378846

Kaiser Sotheby's Int-GS PHONE: 251-550-5500

23240 Perdido Beach Boulevard, Orange Beach

$1,995,000

23240 Perdido Beach Boulevard, Orange Beach

3 Beds 4 Baths 2,916 SqFt Residential MLS® # 386056

Signature Properties

22988 Perdido Beach Boulevard Unit 804, Orange Beach

$1,995,000

22988 Perdido Beach Boulevard Unit 804, Orange Beach

4 Beds 3 Baths 2,090 SqFt Residential MLS® # 383171

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

22988 Perdido Beach Boulevard Unit 704, Orange Beach

$1,975,000

↓ $125,000

22988 Perdido Beach Boulevard Unit 704, Orange Beach

4 Beds 4 Baths 2,091 SqFt Residential MLS® # 349765

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

26688 Perdido Beach Boulevard Unit 1401, Orange Beach

$1,965,000

26688 Perdido Beach Boulevard Unit 1401, Orange Beach

4 Beds 3 Baths 1,963 SqFt Residential MLS® # 385696

RE/MAX Paradise

31654 River Road, Orange Beach

$1,950,000

31654 River Road, Orange Beach

0 Beds 0 Baths 0 SqFt Land MLS® # 368421

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

33192 Marlin Key Drive, Orange Beach

$1,950,000

33192 Marlin Key Drive, Orange Beach

4 Beds 5 Baths 2,974 SqFt Residential MLS® # 385066

Butler & Co. Real Estate 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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