Gulf Shore Boulevard Real Estate Market Report
Third Quarter 2014
QUARTERLY NUMBER OF CLOSED SALES
There were a total of 41 closed condominium sales on Gulf Shore Boulevard during the third quarter, with 10 closings on the bay and 31 along the beach. The number of beachfront sales decreased by 21% (39 vs 31) from third quarter 2013. This drop was directly related to a decline in available inventory. Gulfside and Solamar posted the highest number of closed sales during the quarter with four in each building.
QUARTERLY AVERAGE SALES PRICE – CLOSED SALES