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Gulf Shores 5th Add Home Values and Market Report

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Report prepared by Yourhometampabayarea.com

Market at a glance

Over the last 12 months, homes sold for 92.9% of list price in 95 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $435K Sold · $410K
$680K$590K$500K$410K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in May. Last month: 0.

Where the market stands

All homes in this report, by status.

8homes
Active3 · 38%
Under contract1 · 12%
Sold (12 mo)4 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.41M
Under contract$530K
Sold$494K

Average days on market

Active50 days
Sold95 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 3
Average list price $1,414,666
Avg. days on market 50 days
Avg. price per ft² $582
Avg. living area 2,121 ft²
Avg. beds / baths 4.0 / 3.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$3M$2M$1M$0

Price vs. living area: 3 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 3 homes in this status.

599 S Bayshore Drive$895
14019 W Parsley Drive$472
14036 Marguerite Drive$381

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
599 S Bayshore DriveMadeira Beach, FL 33708 553,239$2,899,000$8959 days
14019 W Parsley DriveMadeira Beach, FL 33708 431,683$795,000$47220 days
14036 Marguerite DriveMadeira Beach, FL 33708 321,443$549,999$381120 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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