ROBERTSDALE, Ala. – With less inventory on the market in 2019, Baldwin County still managed to top last year’s sales volume, sales price and properties sold, compared to 2018. Properties also spent less time on the market. Baldwin REALTORS® Multiple Listing Service (MLS) reports the total amount of residential active inventory in 2019 was 2,824 properties.
A total of 7,992 properties were sold last year, which is an increase of 3.4% from 2018 (7,729). Additionally, properties moved even faster with an average of 83 days spent on the market, compared to 89 days in 2018.
Last year’s total sales volume increased 9.5%, totaling $2,464,232,991, compared to $2,250,398,706, in 2018. The average sales prices of residential properties sold in Baldwin County increased 1.7% to $308,337, from 2018. The average sales price was $292,162, in 2018.
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.