February Market Report For Coastal Alabama and Perdido Key, Florida

March 3, 2016

Overall sales saw an increase in February along the Gulf Coast, and the current inventory of available properties is high, just in time for spring.

 

Gulf Shores / Fort Morgan

34    Homes Sold   (29 in Jan.)   ↑5

$295,449.00  Average Price

54    New Listings

310  Active Listings

 

54    Condos Sold   (41 in Jan.)   ↑13

$215,439.00   Average Price

81    New Listings

345  Active Listings

 

Orange Beach

17    Homes Sold    (14 in Jan.)   ↑3

$419,559.00   Average Price

20    New Listings

144  Active Listings

 

54    Condos Sold   (37 in Jan.)    ↑17

$331,969.00   Average Price

96    New Listings

473  Active Listings

 

Perdido Key, Fl.

1      Home Sold     (2 in Jan.)     ↓1

$450,000.00   Average Price

2      New Listings

9      Active Listings

 

6      Condos Sold   (3 in Jan.)    ↑3

$417.792.00    Average Price

9      New Listings

46    Active Listings

 

Foley

21    Homes Sold   (45 in Jan.)  ↓21

$185,667.00    Average Price

93    New Listings

275  Active Listings

 

Summerdale                              Elberta / Lillian

7      Homes Sold                                        16     Homes Sold

$137,657.00   Average Price                      $146,738.00    Average Price

11    New Listings                                       31     New Listings

41    Active Listings                                    116   Active Listings

 

 

Bon Secour                                             Magnolia Springs

1      New Listing                                          2       New Listings

8      Active Listings                                     15     Active Listings

 

 

If you'd like more information on the market in our area, give us a call.  251 979-2656