Gulf Coast Real Estate Market Statistics

Share on TwitterDigg ThisSubmit to redditShare via email

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: $243,600

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $243,600 $201,900
Median Single Family Home Value $289,300 $200,100
Median Condo Value $215,200 $217,000
Median 2-Bedroom Home Value $206,500 $158,000
Median 3-Bedroom Home Value $267,400 $195,700
Median 4-Bedroom Home Value $416,500 $319,200
Percent Homes Decreasing 16.6% 17.2%
Percent Listing Price Reduction 12.1% 16.7%
Median List Price Per Sq Ft $194 $128
Median List Price $379,900 $254,900
Median Sale Price 982 2,507,118
Homes For Sale 982 2,507,118
Homes Recently Sold 982 2,507,118
Property Tax $1,178 $2,147
Turnover (Sold Within Last Yr.) 4.5% 2.9%
Median Value Per Sq Ft $245 $139
1-Yr. Change 5.2% 6.9%
Homes For Sale By Owner 37 81,341
New Construction 50 157,743
Foreclosures 1 13,127

Leave a Comment