Gulf Shores Condo Market Report: March–May 2025

By Meredith Amon, Licensed in Alabama and Florida

Gulf Shores Condo Report


Market Snapshot (Last 90 Days)

Sold Listings

  • Total Sales: 295 condos

  • Price Range: $177,250 – $1,400,000

  • Average Sales Price: $460,122

  • Median Sales Price: $404,900

  • Average Price per Sq Ft: Varies from $128.39 to $894.23, depending on location, size, and water frontage

  • Average Days on Market (DOM): ~125 days (ranged from 1 to over 500 days)

Active Listings

  • Total Inventory: 549 condos

  • List Price Range: $179,000 – $2,720,000

  • Average List Price: $497,008

  • Median List Price: $427,000


Contact Meredith Amon Gulf Coast Realtor


Key Market Trends

1. Strong Mid-Market Activity

The $350K–$500K range is the sweet spot. Condos in this segment make up the largest portion of sales and cater to both investors and second-home buyers. These include:

  • Gulf-front condos with smaller square footage

  • Lagoon-side or non-waterfront units with upgrades and strong rental history

Units at complexes like Las Palmas, The Cove, and Gulf Shores Plantation continue to see high turnover, especially if priced under $450K.

Personal Insight: “I’ve had several buyers this spring narrow in on condos in this bracket – it’s competitive, especially if the unit is updated and walkable to the beach.”

2. Entry-Level Inventory Moving with Strategic Pricing

Condo units under $300K (particularly 1BR and studio units) have moved quickly when priced right. Properties like Colony Club, Moonraker, and some Gulf Shores Plantation efficiencies provide accessible entry points for investors and seasonal owners. That said, properties in this range also tend to linger if they're outdated or in less desirable locations.

  • Examples:

    • Colony Club (762 sq ft): Sold at $179,000–$199,000 | ~235–265 DOM

    • Moonraker (420 sq ft): Sold $199,000–$229,500 | $475–$546/sq ft

These sales show a high PPSF for smaller units, often driven by proximity to the beach or rental potential.

3. Luxury Condos (> $700K) Require Patience

High-end condo activity has slowed somewhat. Units over $700K often take 200+ days to sell unless they’re rare or newly renovated. A few have sold quickly – especially in highly desired locations – but most require sharp pricing and strong marketing.

  • Example:

    • The Beach Club, 2231 sq ft: Sold at $1,175,000 | $526.67/sq ft | 59 DOM

    • Sanibel (2544 sq ft): Sold at $749,000 | $294.42/sq ft | 86 DOM


Popular Condo Complexes Noted in Sales

  • Gulf Shores Plantation: Wide activity range. 1BR–2BR units sold between $285K–$350K with PPSF between $336–$570

  • Colony Club: Numerous sales under $250K, ideal for long-term or seasonal rental investments

  • Sunrise Village & Las Palmas: Gulf-front or near-gulf units, 1BR options with strong Airbnb appeal – often trading above $600/sq ft

  • The Beach Club & The Indies: Larger, luxury units that appeal to buyers looking for full amenities, Gulf views, and long-term usage

    Gulf Shores Alabama Condos Real Estate

Price per Square Foot (PPSF) by Location

SegmentTypical PPSF
Gulf-front (premium) $550–$890+/sq ft
Lagoon-side or canal $300–$475/sq ft
Off-beach interior $180–$300/sq ft
Studio/1BR near beach $450–$750/sq ft

Buyer Trends & Financing

  • Cash Buyers: Dominant in the <$400K segment and in several $1M+ sales.

  • Conventional Financing: Common in the $400K–$700K range.

  • Buyers from: Alabama, Louisiana, Mississippi, Tennessee, Indiana, Missouri, and increasingly from Illinois and Michigan.

  • Use Cases: 70%+ buyers are investors or purchasing for seasonal usage. Few full-time residents.

From a recent buyer:
"We’re from Nashville and have rented in Gulf Shores for years. Buying here just felt like the right move – we’ll use it part of the year and rent the rest."


Absorption Rate and Market Condition

  • Total condo inventory: 549 units

  • Average monthly sales rate: ~98 sold per month (based on 295 closed in 90 days)

  • Estimated absorption rate: 5.6 months of supply

This puts Gulf Shores condos in a more balanced market than Orange Beach, which is sitting closer to 20+ months of inventory.

Takeaway: Well-priced Gulf Shores condos have an edge in velocity compared to Orange Beach, thanks to lower average prices and strong investor demand.


Predictions for Summer 2025

  • Gulf Shores condos under $500K will continue to be top performers, especially those with solid rental history and easy beach access.

  • Sellers should be aggressive on pricing and marketing, particularly in mid-range and luxury tiers.

  • Interest rate sensitivity will impact financed buyers. Expect continued cash dominance in lower-end sales.

  • Buyers should act before peak season rents drive competition back up.


If you’re interested in buying or selling a condo in Gulf Shores, I’d love to help you position your property or search for your next investment or getaway. Visit www.searchthegulf.com to browse current listings or connect with me for personalized advice.

Meredith Amon Gulf CoastNew Construction Meredith Amon Gulf CoastNew Construction


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SEARCH GULF SHORES REAL ESTATE LISTINGS FOR SALE

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2715 State Highway 180 Unit 2213, Gulf Shores

$415,000

2715 State Highway 180 Unit 2213, Gulf Shores

2 Beds 2 Baths 1,055 SqFt Residential MLS® # 385968

Wellhouse Real Estate LLC

1516 Sandpiper Lane Unit 303, Gulf Shores

$414,000

1516 Sandpiper Lane Unit 303, Gulf Shores

2 Beds 2 Baths 936 SqFt Residential MLS® # 383042

Bayside Real Estate Group

22353 Twin Lakes Circle Unit Lot 6, Gulf Shores

$414,000

22353 Twin Lakes Circle Unit Lot 6, Gulf Shores

1 Bed 1 Bath 1,100 SqFt Residential MLS® # 382887

NextHome Coast & Country

939 West Beach Boulevard Unit 502, Gulf Shores

$411,000

939 West Beach Boulevard Unit 502, Gulf Shores

1 Bed 1 Bath 700 SqFt Residential MLS® # 383298

RE/MAX of Orange Beach PHONE: 251-424-4123

1872 W Beach Boulevard Unit I-102, Gulf Shores

$409,900

↓ $5,100

1872 W Beach Boulevard Unit I-102, Gulf Shores

2 Beds 2 Baths 1,252 SqFt Residential MLS® # 380887

RE/MAX of Gulf Shores

423 Gemini Street, Gulf Shores

$409,500

↓ $5,500

423 Gemini Street, Gulf Shores

3 Beds 2 Baths 1,706 SqFt Residential MLS® # 378839

LEAD Realty Group

1516 Sandpiper Lane Unit 205, Gulf Shores

$409,500

↓ $10,000

1516 Sandpiper Lane Unit 205, Gulf Shores

2 Beds 2 Baths 916 SqFt Residential MLS® # 372284

RE/MAX on the Coast

200 Peninsula Boulevard Unit G-102, Gulf Shores

$405,000

↓ $10,000

200 Peninsula Boulevard Unit G-102, Gulf Shores

3 Beds 3 Baths 1,860 SqFt Residential MLS® # 384723

RE/MAX of Gulf Shores

2715 State Highway 180 Unit 1104, Gulf Shores

$400,000

↓ $35,000

2715 State Highway 180 Unit 1104, Gulf Shores

2 Beds 2 Baths 1,270 SqFt Residential MLS® # 370836

Signature Properties

507 W Beach Boulevard Unit 402, Gulf Shores

$399,990

507 W Beach Boulevard Unit 402, Gulf Shores

2 Beds 1 Bath 720 SqFt Residential MLS® # 377610

Lewis & Co. Real Estate

2715 State Highway 180 Unit 2106, Gulf Shores

$399,900

2715 State Highway 180 Unit 2106, Gulf Shores

2 Beds 2 Baths 1,055 SqFt Residential MLS® # 381844

RE/MAX of Orange Beach PHONE: 251-284-6157

572 E Beach Boulevard Unit 406, Gulf Shores

$399,900

572 E Beach Boulevard Unit 406, Gulf Shores

2 Beds 2 Baths 765 SqFt Residential MLS® # 385384

EXIT Realty Lyon & Assoc.Fhope PHONE: 954-536-4655


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