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Baldwin County’s September 2019 Housing Report

Friday, October 11, 2019

ROBERTSDALE, Ala. – For the third month in a row, the Baldwin County housing market experienced a decrease in days that active properties spent on the market, averaging 76 days last month according to the September 2019 Housing Report. Baldwin REALTORS® Multiple Listing Service (MLS) reports 666 properties were sold last month, which is a 5.9% increase from September 2018, when 629 properties were sold.

 

Total sales volume in September 2019 increased by 7.7% from the previous year totaling $210,796,273, compared to $195,748,475 in September 2018. The average sales price of residential properties in Baldwin County increased by 1.7% totaling $316,510, compared to $311,205 in September 2018. The total amount of residential active inventory in September 2019 was 3,147 properties, an increase from 3,104 in 2018.

 

Residential MLS Stats by Area:

 

Central Baldwin

Residential Properties sold in September 2019: 173

Average Sales Price: $200,107

Average Days on Market: 64

Average Sales Price Change from September 2018: Decrease 6%

 

Coastal Condos

Residential Properties sold in September 2019: 122

Average Sales Price: $405,231

Average Days on Market: 84

Average Sales Price Change from September 2018: Increase 2.5%

 

Coastal Homes

Residential Properties sold in September 2019: 82

Average Sales Price: $497,627

Average Days on Market: 96

Average Sales Price Change from September 2018: Increase 5%

 

 

Eastern Shore

Residential Properties sold in September 2019: 207

Average Sales Price: $331,200

Average Days on Market: 79

Average Sales Price Change from September 2018: No change

 

North Baldwin

Residential Properties sold in September 2019: 13

Average Sales Price: $189,896

Average Days on Market: 45

Average Sales Price Change from September 2018: Increase 5%

 

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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.