Gulf Coast Real Estate Market Report: August 2026 Sales Strength & Construction Progress

Coastal real estate activity across the Alabama and Florida Gulf Coast continues its upward trajectory from 2025 benchmarks, showcasing sustained resilience as summer transitions into the fall shoulder season. The Brett/Robinson sales team closed out the late summer stretch with just under 30 transactions in August alone—an exceptional performance for late summer coastal sales.

Whether you are monitoring pre-construction construction milestones on the beachfront or evaluating the current equity in your coastal property, the latest market metrics from the Baldwin County MLS and Metro Market Trends demonstrate ongoing buyer demand and steady inventory absorption.

By the Numbers: Coastal MLS Market Statistics

The late summer MLS figures reflect consistent transactional movement and healthy pricing baselines across the coastal condo market:

• Total Condos Closed in 2026: 1,187 Gulf Coast condos closed through September 1, 2026.
• August 2026 Closed Volume: 77 coastal condos closed during the month of August.
• Active Waterfront Inventory: 576 waterfront condos listed as of August 8, 2026.
• Total Condos on Market: 919 total condos listed as of September 4, 2026.
• Average Condo Sales Price: $661,236, underscoring strong value retention across regional developments.
• Average Days on Market: 126 Days, reflecting steady, normalized absorption for coastal properties.

Considering Selling? Real estate demand continues to trend upward year-over-year. Contact our sales office today to schedule a complimentary property valuation tailored to your unit or home.

Skyline Milestones: Pre-Construction & Construction Progress

Substantial strides have been made across our signature Gulf-front developments in Orange Beach and Perdido Key:

1. Phoenix South Point (Orange Beach)

Crews at Phoenix South Point are pushing through major amenity and interior buildout phases:

• Resort Amenities: The indoor pool has been officially poured and backfilled, and the Gulf-front lazy river is rapidly nearing startup.
• Interior Craftsmanship: Tile work has reached Level 16, custom cabinetry is installed through Level 12, and countertops have advanced to Level 6.
• Building Envelope & Finishes: All residential units throughout the building have passed inspection, with drywall nearing completion from top to bottom.

2. Phoenix Key (Orange Beach)

Phoenix Key is reaching major finish milestones as teams prepare for final completion:

• Painting & Surfaces: Every unit in the tower has received its first coat of paint.
• Tile & Countertops: Floor tile is 90% complete, bathroom tile has reached 70%, cabinetry is at 70%, and quartz countertops are 45% to 50% complete.
• Power & Common Spaces: Common area tile installations begin next week, with permanent electrical power expected within a few weeks.

3. Phoenix Perdido (Perdido Key, Florida)

Demand remains strong for Brett/Robinson’s first signature development in Florida:

• Sales Velocity: 19 of the 30 luxury residences have officially sold.
• Construction Start: Groundbreaking and construction are scheduled to begin toward the end of this year.
• Spacious Floor Plans: Featuring large 4- and 6-bedroom layouts ranging from 2,340 sq. ft. to 3,909 sq. ft., situated minutes from the Florida/Alabama state line.
• Resort-Style Amenities: Designed with indoor and outdoor swimming pools, a flowing lazy river, and a zero-entry kiddy pool.

September 2026 Featured Property Spotlight

Brett/Robinson lists and sells a versatile portfolio of single-family residences, waterfront homes, and premier condominium properties throughout Baldwin County and the surrounding waters:

• Phoenix Gulf Shores – Unit 1902 (Gulf Shores): 3BR/3BA, 1,717 sq. ft. listed at $1,197,000. A fully upgraded, Gulf-front condo offering exceptional rental potential.
• Lighthouse On The Bay – Unit 2702 (Orange Beach): 2BR/2BA, 1,308 sq. ft. listed at $745,000. A stunning condominium complete with a dedicated private boat slip and unmatched water views.
• The Oasis At Orange Beach – Unit 2013 (Orange Beach): 3BR/4BA, 1,959 sq. ft. listed at $854,900. A rare north-facing residence delivering panoramic views of the water.
• The Enclave – Unit 1002 (Orange Beach): 3BR/3BA, 1,582 sq. ft. listed at $825,000. Features penthouse-level Gulf vistas and rare covered parking.
• 4860 Tiger Brown Ave. (Orange Beach): 3BR/2.5BA, 1,937 sq. ft. listed at $565,000. A single-family home featuring a FORTIFIED roof located in the heart of Orange Beach.
• 28749 Ono Blvd. (Ono Island): 3BR/2.5BA, 2,530 sq. ft. listed at $1,075,000. A fully remodeled island home offering stunning water views within a private gated enclave.

August Market Highlights: Pending & Closed Transactions

August saw significant activity across single-family communities, vacant building sites, and beachfront condo towers:

• Luxury Waterfront & Island Sales: Closings included 31668 River Road on Ono Island (3,000,000)and30525HarbourDriveinOrangeBeach(1,890,000), alongside new pending contracts on River Road vacant acreage (1,950,000)and28749OnoBlvd(1,075,000).
• High-Rise Beachfront Closings: Completed transactions included Phoenix Gulf Shores II Unit 1502 (1,480,000),PhoenixWestUnit1406(970,000), Phoenix West Unit 2508 (929,000),PerdidoGrandeUnit308(750,273), and Island Winds East Unit 701 ($720,000).
• Pre-Construction Momentum: Buyers secured premium contracts on Phoenix Key Unit 1501 (3,450,000)andPhoenixSouthPointUnit2201(2,850,000).

Connect with the Brett/Robinson Team

Whether you are acquiring an income-producing vacation rental, seeking pre-construction pricing, or selling a coastal home, our dedicated sales and management teams provide full-service guidance across the Gulf Coast: