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: $240,100

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $240,100 $200,400
Median Single Family Home Value $293,200 $198,500
Median Condo Value $213,200 $215,000
Median 2-Bedroom Home Value $205,000 $157,300
Median 3-Bedroom Home Value $267,500 $194,000
Median 4-Bedroom Home Value $424,700 $317,600
Percent Homes Decreasing 18.4% 16.4%
Percent Listing Price Reduction 7.9% 15.3%
Median List Price Per Sq Ft $195 $127
Median List Price $376,500 $259,000
Median Sale Price 1,187 2,602,507
Homes For Sale 1,191 2,602,507
Homes Recently Sold 1,187 2,602,507
Property Tax $1,178 $2,147
Turnover (Sold Within Last Yr.) 4.7% 2.8%
Median Value Per Sq Ft $233 $139
1-Yr. Change 5.1% 7.4%
Homes For Sale By Owner 23 82,109
New Construction 8 139,669
Foreclosures 0 16,265

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