2013 Vs. 2014 {Gulf Coast Condo Real Estate Market} Comparison

by kddoggett on February 24, 2015

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  • When comparing the condo sales for the Alabama Gulf Coast region the market proved to remain steady; almost mirroring 2013. While there were 100 more condo sales overall in 2013 1/4 of those could be attributed to sales at the Turquoise Place and Phoenix West II developer sales. 2013 sold 30 more in the 0-199k range, 30 more in the $500-599k range and about 20 more in the $300-399 range in 2013. Besides these minor differences, 2014 and 2013 performed quite similarly when end of the year numbers are stacked up against each other. The slight climb in average and median prices from 2013 to 2014 in the condo market along Gulf Shores, Orange Beach, and Perdido Key is a step in the right direction for both buyers & sellers- slow and steady wins the race by continuing on the path of a strong real estate market.

    2014 Condos Sold Graphic

    2013 Condos Sold Graphic

    Avg and Median 13 14 Graphic

    For more specific condo information and questions please contact me! I can give you the trends on your favorite complex, let’s find you the best investment for your dollar in 2015!
    Kristy
    251-747-2146

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