With 7.0 months of inventory, Orange Beach is currently in a buyer's market. Home prices have increased 97.5% in the past month alone. With 7.0 months of supply, Orange Beach's inventory levels remain relatively tight. Homes are taking about 43 days to sell, which is NaN days longer than this time last year. A significant 28.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Orange Beach market with the affordability index at 581.7. Based on current market indicators, home prices in Orange Beach are projected to decrease by approximately 8.8% over the next month.
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