Boardwalk

Baldwin County Monthly Housing Report: November 2018

Wednesday, December 5, 2018

ROBERTSDALE, Alabama – Dec. 5, 2018 – Demand for Baldwin County property continues to rise, with an increase in sales volume, increased sales prices, and decreasing days property is on the market.

The total amount of residential active inventory in November 2018 was 3,137.

534 properties were sold last month, a decrease of about 3% from November 2017: 549.

Properties are staying the market for less days from 2017: decreasing 9% from 99 days last year to 90 days in last month.

November total sales volume increased almost 3% this year, $156,378,311, from $152,302,313 in November 2017.

The average sales prices of residential properties in Baldwin County this month increased 5.6% from 2017. Last year, the average sales price was $277,417, and this year, $292,843.

 

Residential MLS Stats by area:

Central Baldwin

Residential Properties sold in November 2018: 109

Average Sales Price: $204,869

Average Days on Market: 77

Average Sales Price Change from November 2017: Increase 18%

 

Coastal Condos

Residential Properties sold in November 2018: 93

Average Sales Price: $446,198

Average Days on Market: 110

Average Sales Price Change from November 2017: Increase 22%

 

Coastal Homes

Residential Properties sold in November 2018: 55

Average Sales Price: $310,600

Average Days on Market: 92

Average Sales Price Change from November 2017: Decrease 19%

 

Eastern Shore

Residential Properties sold in November 2018: 166

Average Sales Price: $301,385

Average Days on Market: 88

Average Sales Price Change from November 2017: 0%

 

North Baldwin

Residential Properties sold in November 2018: 13

Average Sales Price: $189,617

Average Days on Market: 77

Average Sales Price Change from November 2017: Increase 9%

 

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 non-profit Association.