Gulf Coast Real Estate Market Statistics

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Gulf Coast Real Estate Market Statistics

 

For a personal and local Real Estate Analysis of the Alabama Gulf Coast Market, don’t forget to check out our monthly real estate updates!  Find info on both the Condo and Single Family Home sales, listings and more.  Check it out: http://gulfbeachcondominiums.com/category/market-update/

 

Below is general Real Estate data provided by Zillow.  The link above will provide much more specific and accurate month by month information of our real estate market.

 

Real Estate Market Stats

Zillow Home Value Index: $257,700

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $257,700 $218,000
Median Condo Value $209,000 $229,000
Median 3-Bedroom Home Value $269,100 $210,600
Percent Homes Decreasing 21.4% 21%
Percent Listing Price Reduction 11.8% 16.8%
Median List Price Per Sq Ft 1,073 135
Median List Price $353,800 $278,900
Median Sale Price 1,071 231,700
Homes For Sale 1,071 2,657,111
Homes Recently Sold 1,071 2,657,111
Property Tax $1,178 $2,147
Turnover (Sold Within Last Yr.) 4.5% 2.9%
Median Value Per Sq Ft $220 $150
1-Yr. Change 21.6% 8%
Homes For Sale By Owner 35 112,298
New Construction 90 210,475
Foreclosures 0 13,772

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