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Baldwin County’s January 2020 Housing Report

Friday, February 7, 2020

ROBERTSDALE, Ala. – As the total number of properties sold in January 2020 increased by 26.8% compared to January 2019, the sales volume did the same, yielding a 34.9% increase. Baldwin REALTORS® Multiple Listing Service (MLS) reports the total amount of residential active inventory in January 2020 was 2,793 properties compared to 3,027 in 2019.

 

A total of 492 properties sold last month, compared to 388 in January 2019. Additionally, listings moved off the market faster spending an average of 89 days in active status, compared to 94 days in January 2019.

 

January’s total sales volume increased almost 35% this year, totaling $158,035,680, compared to $117,184,277 in January 2019. The average sales price of residential properties in Baldwin County increased more than 6% to $321,210, compared with the same period last year. The average sales price was $302,021 in 2019.

 

Residential MLS Stats by Area:

 

Central Baldwin

Residential Properties sold in January 2020: 100

Average Sales Price: $220,873

Average Days on Market: 84

Average Sales Price Change from January 2019: Increase 15.2%

 

Coastal Condos

Residential Properties sold in January 2020: 98

Average Sales Price: $444,503

Average Days on Market: 101

Average Sales Price Change from January 2019: Increase 4.2%

 

Coastal Homes

Residential Properties sold in January 2020: 67

Average Sales Price: $421,358

Average Days on Market: 107

Average Sales Price Change from January 2019: Increase 11%

 

Eastern Shore

Residential Properties sold in January 2020: 143

Average Sales Price: $304,505

Average Days on Market: 82

Average Sales Price Change from January 2019: Increase 19.9%

 

North Baldwin

Residential Properties sold in January 2020: 18

Average Sales Price: $151,188

Average Days on Market: 63

Average Sales Price Change from January 2019: Decrease 2.3%

 

 

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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.