Gulf Shores, AL
Housing market overview · Updated weekly
$450,000median sale price
Homes sold
61
Last 12 weeks
Days on market
121
Average pace
Active listings
499
8.2 months supply
Sale-to-list
96.5%
Below asking
The Gulf Shores housing market is currently classified as a buyer's market with a median sale price of $450,000. Prices have fallen 4.8% compared to last year, with homes spending an average of 121 days on market, indicating 8.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Gulf Shores?
The median home sale price in Gulf Shores is $450,000, down 4.8% from last year.
How long do homes stay on market in Gulf Shores?
Homes typically spend 121 days on market before going under contract.
Is Gulf Shores a buyer's or seller's market?
With 8.2 months of supply, Gulf Shores is currently a buyer's market.
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