Market Reports by Rob Brooks Realty

Gulf Shores, AL

Single-Family Homes

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Gulf Shores, AL

Thu Sep 21 2023
This week the median list price for Gulf Shores, AL is $789,900 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has decreased to 250. Click here to stay informed with the Gulf Shores market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Gulf Shores, AL

Thu Sep 21 2023
This week the median list price for Gulf Shores, AL is $789,900 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has decreased to 250. Click here to stay informed with the Gulf Shores market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Gulf Shores market.
Median List Price $789,900
Median Price of New Listings $694,500
Per Square Foot $355
Average Days on Market 128
Median Days on Market 77
Price Decreased 37%
Price Increased 10%
Relisted 11%
Inventory 250
Median Rent
Market Action 35
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,577,500 2,835 0.5 - 1 acre 5 4.5 19 5 4 98
$899,000 1,890 6,500 - 8,000 sqft 4 3.5 19 2 3 77
$620,000 2,338 0.25 - 0.5 acre 3 2.5 18 10 6 63
$419,000 1,923 8,000 - 10,000 sqft 3 2 6 5 3 77