Tagged : direct gulf view

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Orange Beach Sales Analysis:

The above graph represents the average sales history of direct gulf view 2 bedroom condos from 2010 to current.

I find it really interesting the price consistency since 2010 with the exception of 2014 to 2015 revealing a ~$26,500 jump in average price! My personal opinion of price next year is a jump much like in 2014-2015 because of the low inventory environment we're currently in. I expect fewer sales but at much higher prices.

These are the current statistics of active listings in Orange Beach AL:

The average price per square foot is $363.00 for the current active listings. Since most of our market is 1,000 sf condominiums, prices should be moving towards $400,000+ next year. Already, you notice above

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