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Baldwin County's July 2019 Housing Report

Friday, August 9, 2019

ROBERTSDALE, Ala. – An increase in home sales and the average sales price, along with homes staying on the market for less time are the themes of the Baldwin County housing market’s summer. Baldwin REALTORS® Multiple Listing Service (MLS) reports the total amount of residential active inventory in July 2019 was 3,132 properties.

 

A total of 725 properties were sold last month, which is nearly identical to July 2018 (727). Additionally, properties were on the market for approximately the same amount of time last month, 87 days, compared to 89 days in July 2018.

 

July’s total sales volume increased 8.5% in 2019, totaling $220,192,212, compared to $202,977,271 in July 2018. The average sales prices of residential properties in Baldwin County increased 8.5% totaling $302,877, compared to $279,968 in 2018.

 

Residential MLS Stats by Area:

 

Central Baldwin

Residential Properties sold in July 2019: 159

Average Sales Price: $201,131

Average Days on Market: 81

Average Sales Price Change from July 2018: Increase 11%

 

Coastal Condos

Residential Properties sold in July 2019: 115

Average Sales Price: $434,936

Average Days on Market: 102

Average Sales Price Change from July 2018: Increase 25%

 

Coastal Homes

Residential Properties sold in July 2019: 70

Average Sales Price: $430,467

Average Days on Market: 99

Average Sales Price Change from July 2018: Increase 14%

 

 

Eastern Shore

Residential Properties sold in July 2019: 246

Average Sales Price: $318,780

Average Days on Market: 86

Average Sales Price Change from July 2018: Increase 7%

 

North Baldwin

Residential Properties sold in July 2019: 20

Average Sales Price: $213,033

Average Days on Market: 114

Average Sales Price Change from July 2018: Increase 37%

 

 

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About Baldwin REALTORS®

Baldwin REALTORS® is the source for real estate in Southern Alabama. We provide resources, education and tools to over 2,300 professionals across the region. We work to protect the interests of property owners, and our members serve buyers and sellers as REAL Advocates, Advisors, and Experts. Realtors agree to abide by a strict code of ethics and are held to a high ethical standard by their peers through their association membership. The term Realtor is a federally registered trademark owned by the National Association of REALTORS® and denotes membership in the Nonprofit Association.