Market Reports by Rob Brooks Realty

Gulf Shores, AL

Single-Family Homes

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Gulf Shores, AL

Wed Apr 24 2024
This week the median list price for Gulf Shores, AL is $769,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 331. 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 Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Gulf Shores, AL

Wed Apr 24 2024
This week the median list price for Gulf Shores, AL is $769,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 331. 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 Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Gulf Shores market.
Median List Price $769,000
Median Price of New Listings $694,000
Per Square Foot $359
Average Days on Market 130
Median Days on Market 70
Price Decreased 35%
Price Increased 6%
Relisted 12%
Inventory 331
Median Rent
Market Action 28
Slight Buyer's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,310,000 2,832 0.25 - 0.5 acre 5 4 19 3 5 80
$875,000 1,856 6,500 - 8,000 sqft 3 3 20 2 2 84
$629,000 2,139 0.25 - 0.5 acre 3 2.5 18 6 3 56
$395,000 1,856 8,000 - 10,000 sqft 3 2 7 5 6 49