Orange Beach, Gulf Shores & Perdido Key Condo and Home Sales
Good Morning....
We mentioned in our last update that 2 new developments have been proposed in Orange Beach. Well we found out the other day that Junonia (proposed about a year ago) will NOT be built. Despite reserving a large number of condos and having all the building plans in place, they did not start construction "on time" and have lost the option on the land from the bank.
More information is below about the 2 new condos, Ascension and Grace.
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| |
Low |
High |
Average |
Median |
Total |
| List Price |
$140,000 |
$1,750,000 |
$362,373 |
$274,950 |
$9,421,695 |
| Selling Price |
$140,000 |
$1,600,000 |
$336,452 |
$264,625 |
$8,747,750 |
| Sold/List(%) |
77.04% |
100.99% |
94.54% |
95.72% |
-- |
| Price/SqFt ($) |
$87.10 |
$303.15 |
$150.70 |
$137.50 |
-- |
| Days on Market |
29 |
563 |
209 |
189 |
--
|
Click Here for detailed information on these closings.
| |
Low |
High |
Average |
Median |
Total |
| List Price |
$80,000 |
$1,100,000 |
$326,503 |
$275,000 |
$30,364,800 |
| Selling Price |
$77,500 |
$990,000 |
$311,727 |
$264,000 |
$28,990,600 |
| Sold/List(%) |
64.16% |
101.63% |
95.47% |
95.91% |
-- |
| Price/SqFt ($) |
$57.35 |
$408.52 |
$216.77 |
$220.80 |
-- |
| Days on Market |
1 |
946 |
191 |
122 |
--
|
Click here for details about these sales. |
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