$10,000 Closing Credit*
$1,050,000
3,184 SqFt
3 Beds
•4 Full Baths
Ashley Mathieson, Listing Office: Levin Rinke Realty
Is Perdido Beach, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Perdido Beach was a Neutral Market.
Key Takeaway
Perdido Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Perdido Beach, AL
How much do homes in Perdido Beach, AL cost?
Median Sold Price
$384,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$248,000(-39.2%)
Key Takeaway
Homes in Perdido Beach have sold for 39.2% less than they did a year ago.
Summary: The median home sold price in Perdido Beach was $384,500 in October 2024, down 39.2% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $183.2K | $312.4K | +70.5% |
| 3 Bedrooms | $380K | $510K | +34.2% |
| 4 Bedrooms | $1.2M | $700K | -45.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Perdido Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 70.5%, 3 bedroom homes increased by 34.2%, 4 bedroom homes decreased by 45.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lillian | $300.1K | $312.6K | +4.2% |
| Perdido Beach | $632.5K | $384.5K | -39.2% |
Housing Supply in Perdido Beach, AL
How many homes are available in Perdido Beach, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The Perdido Beach real estate market had 9 homes for sale in October 2024, a 80.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 8 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Perdido Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perdido Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Perdido Beach in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Perdido Beach, AL
We’re sorry, we don't have information for this market at the moment
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.