Momentum Housing Data · Home Values · Pinellas County
Buying here? See Gulf Shores 1st Add homes for sale and the Gulf Shores 1st Add community guide (Madeira Beach).
Gulf Shores 1St Add (Madeira Beach, FL): 11 recorded closings in the 12 months ending 2026-09-20, an 11-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 92.6% of original asking; the median sale took 68 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $530,000 | $354 | 68 | 92.6% | 11 |
| 2025 | $310,000 | $303 | 18 | 88.6% | 17 |
| 2024 | $615,000 | $446 | 97 | 87.0% | 9 |
| 2023 | $960,000 | $565 | 53 | 77.4% | 3 |
| 2022 | $650,000 | $494 | 5 | 100.0% | 19 |
| 2021 | $473,750 | $460 | 6 | 99.2% | 4 |
| 2019 | $632,010 | $294 | 121 | 88.4% | 3 |
| 2018 | $249,000 | $205 | 155 | 83.3% | 3 |
| 2017 | $381,250 | $279 | 42 | 95.2% | 6 |
| 2016 | $217,450 | $276 | 63 | 94.8% | 4 |
| 2015 | $228,750 | $230 | 104 | 89.1% | 8 |
Over the recorded series, Gulf Shores 1St Add’s median sold price moved from $228,750 (2015) to $530,000 (12 months ending 2026-09-20) — +132% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2015 at $228,750. The 2020–22 run-up did what it did everywhere — Gulf Shores 1St Add’s median moved +3% from 2019 to 2022. Against the 2023 peak of $960,000, the current median stands at -45%. Annual sales volume here has ranged from 0 to 19 closings a year (10-yr average 7.5). With roughly 7.5 closings a year, Gulf Shores 1St Add’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 36 recorded Gulf Shores 1St Add closings since 2024, half landed between $282,975 and $677,250 (the middle two quartiles); the lowest recorded sale was $183,000 and the highest $1,150,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $275,000 | 6 (17%) | |
| $275,000 – $450,000 | 15 (42%) | |
| $450,000 – $625,000 | 4 (11%) | |
| $625,000 – $800,000 | 7 (19%) | |
| None and up | 4 (11%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Larger homes here have been selling at a higher price per square foot than smaller ones ($434 vs $332) — less common, and usually a sign of newer or upgraded product at the top of the range.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 670–1,081 sq ft | $332 | $275,950 | $250,000 – $400,000 | 12 |
| Mid-size homes 1,094–1,443 sq ft | $366 | $464,000 | $183,000 – $882,000 | 12 |
| Larger homes 1,484–3,358 sq ft | $434 | $720,000 | $270,000 – $1,150,000 | 12 |
At Gulf Shores 1St Add’s $530,000 median and Pinellas County’s adopted 19.39 mills (FY2025-26), a home assessed at that price carries roughly $10,270 a year in property tax before exemptions, or about $9,460 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Pinellas County tax page.
Momentum’s market-heat index for Gulf Shores 1St Add reads 57/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
The table above is the closed-sale record to price a Gulf Shores 1St Add home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Gulf Shores 1St Add are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| crystal island | $1,200,000 | $540 | 107 | 11 |
| Madeira Bay Resort Ii Condo | $485,000 | $568 | 56 | 4 |
| Madeira Cove Condo | $557,500 | $429 | 178 | 4 |
| Surfside South Condo | $580,000 | $527 | 119 | 3 |
More Gulf Shores 1St Add: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. Site designed by Move With Momentum LLC, © 2026. Florida real estate brokerage services provided by EAB RE Investments LLC dba Momentum Realty. Georgia real estate brokerage services provided by Momentum Realty LLC. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.