GULF FRONT CONDO MARKET UPDATE: ORANGE BEACH, GULF SHORES, AND FORT MORGAN
By Meredith Amon
Expert Real Estate Advisor | SearchtheGulf.com
As someone who lives and works along Alabama’s stunning Gulf Coast, I keep a close eye on market trends—especially when it comes to Gulf-front condos in Orange Beach, Gulf Shores, and Fort Morgan. These properties are highly sought after for their direct beach access, vacation rental potential, and incredible views. Whether you’re an investor, second-home buyer, or considering selling, it’s important to understand how the market is evolving.
Here’s what the numbers are telling us.
Gulf-Front Condo Sales: What’s the Trend?
Looking at the data from 2018 to mid-2025, we can see some interesting movement:
• Peak Year: 2021 was our standout year with 1,042 Gulf-front condos sold, averaging $566/SF. This aligns with the post-pandemic boom, where demand surged and inventory moved quickly (averaging just 55 days on the market).
• Stabilization in 2023–2024: The market began to normalize, with 570 units sold in 2023 and 423 in 2024. Average price per square foot stayed strong at $599/SF in 2023 and $596/SF YTD in 2024.
• Mid-2025 Snapshot: So far in 2025, we’ve seen 155 units close with an average price of $587/SF and average days on market rising to 135 days—a clear sign of a slower pace and more discerning buyers.
What This Means for Buyers
If you’re thinking of purchasing a Gulf-front condo, the current market offers more breathing room. While prices remain historically high, the increased days on market means sellers may be more negotiable. This could be a great time to lock in a property before the next seasonal upswing.
What This Means for Sellers
If you’re considering selling, pricing and presentation are more important than ever. While demand hasn’t vanished, buyers today are more cautious. My advice? Partner with a local agent who understands how to position your property strategically—whether it’s through lifestyle-focused marketing, high-end photography, or staging.
Key Takeaways
• Average price/SF has climbed steadily since 2018—from $373/SF to today’s $587–$607/SF range.
• Sales volume is down from peak levels, but prices remain strong.
• Days on market are up, giving buyers more leverage and sellers more need for strategy.
As always, I’m here to help you navigate this ever-changing market. Whether you’re buying, selling, or just curious about your property’s value, let’s connect.
Contact me today or call/text (970) 389-2905.
Let’s make your Gulf Coast real estate goals a reality.
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