Is the Gulf Shores Condo Market Shifting? March 2025 Market Report & Buyer Insights
By Meredith Amon, Licensed in Alabama and Florida
As an expert real estate advisor on the Gulf Coast, I’ve seen the condo market in Gulf Shores shift significantly over the past year. Whether you’re thinking of buying a second home or selling an investment condo, understanding the latest data is key. Here's a snapshot of the market as of March 2025.
March 2025 Market Snapshot – Gulf Shores Condos
Unit Sales: 393 Condos Sold
More than previous month (393 in March vs. 372 in February)
More than same month last year (393 vs. 318 in March 2024)
Average Sales Price: $425,127
Less than previous month ($425,127 vs. $482,118)
Less than same month last year ($425,127 vs. $503,200)
Median Sales Price: $398,500
Less than previous month ($398,500 vs. $480,000)
Less than same month last year ($398,500 vs. $441,000)
Days on Market: 120 Days
Less than previous month (120 vs. 141)
Less than same month last year (120 vs. 124)
Total Inventory: 393 Units
More than previous month (393 vs. 372)
More than same month last year (393 vs. 318)
Months of Supply: 15.1 Months
More than previous month (15.1 vs. 14.5)
More than same month last year (15.1 vs. 7.8)
Last month highest since tracking began in this data set
Meredith’s Market Insight
The Gulf Shores condo market remains active in terms of unit sales—buyers are still engaging. However, we are seeing clear signs of pricing pressure, with average and median sales prices dropping below both the previous month and March of last year. This suggests more negotiation power for buyers and a greater need for strategic pricing by sellers.
Inventory continues to rise, and with a 15.1-month supply, we are firmly in a buyer’s market. Properties are sitting longer, but with well-priced and well-presented listings, buyers are still making decisions. It’s just taking a bit longer, and they have more to choose from.
What This Means for Buyers and Sellers
For buyers, now is a strategic time to act. Inventory is at a high, competition is lower, and price points are beginning to adjust. You may have the opportunity to negotiate favorable terms, especially in buildings with higher HOA fees or recent assessments.
For sellers, this market requires more than just listing your property. Strategic pricing, staging, and standout marketing are more important than ever. Understanding your building’s specific activity is also key—every complex is performing differently.
Browse current Gulf Shores condos at www.searchthegulf.com, and let’s talk about how to best approach your goals in this shifting market.
Disclaimer:
All data is deemed reliable but is subject to errors, omissions, and changes. Information sourced from Baldwin County Association of REALTORS® MLS and related market statistics. Meredith Amon and Bellator Real Estate & Development assume no liability.
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