Published on : Wednesday August 13, 2025
July is behind us, summer is flying by, and the heat along the coast hasn’t let up. The real estate market in Perdido Key continues to move, but it’s starting to feel a bit sluggish. In July, 13 condo units sold, and overall, sales in 2025 are down about 17% compared to the first seven months of last year.
Inventory appears to have leveled off. There are currently 149 condos listed for sale in Perdido Key, slightly lower than the 168 we saw at the peak in April. Stable inventory can sometimes help support prices, but it’s only one part of the equation.
While inventory has steadied, pending sales have continued to drop. At the end of July, just 14 units were under contract — the lowest number we’ve seen in 2025. That’s a noticeable decline from April, when 22 units were pending. Pending sales are one of the best indicators of where the market is headed, so this is a trend we’ll be watching closely as we move toward the end of the year.
For sellers, the slowdown in pending sales means positioning your property correctly from day one — with the right pricing, presentation, and marketing — is more important than ever. For buyers, a slower pending sales pace can open more negotiation opportunities, but well-priced, quality units are still selling quickly.
If you’d like to know what your Perdido Key condo is worth in today’s market, or you’re ready to start your property search, I’m here to help. 📩 Request Your Custom Market Analysis or call/text me at 850-377-6188 to get started.