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Baldwin County's October 2020 Housing Report

Friday, November 6, 2020 8:00 am

ROBERTSDALE, Ala. – From Rural to Resort, all areas of Baldwin County experienced a positive month of real estate, based on Baldwin REALTORS® Multiple Listing Service (MLS) statistics. Baldwin MLS reports significant year-over-year total sales revenue for both the Resort and Traditional Residential areas of the county. The Resort area saw almost a $20M increase at $99,014,399, and the Traditional Residential area had a year-over-year increase of just over $53M, resulting in a total sales revenue of $161,197,963.

The Resort area of Baldwin County reported encouraging trends in the areas of average sales price, total properties sold and average days on market. The average sales price for October 2020 reported at $515,699 –a 14.4% increase from the previous year. Total properties sold saw an 8.5% increase from October 2019, as a result of 191 closed sales. Listings spent less time on the on market at an average of 74 days compared to 94 days in October 2019. The only lacking statistic for this area was the number of new inventory decreased by 23% in year-over-year comparison.

Baldwin County’s Traditional Residential area of the county saw positive reporting across the board this past month. Average sales price was just under a 10% increase in year-over-year comparison. Total properties sold saw a 36.6%% increase from October 2019 with 556 closed sales. Properties spent an average of 61 days on market, which was 16 days less than the year prior. The amount of new inventory also increased by 4.2% for this area of the county.

For previous months’ housing reports, click here.

Residential MLS Stats by Area:

Central Baldwin

  • Residential Properties sold in October 2020: 263
  • Average Sales Price: $199,351
  • Average Days on Market: 88
  • Average Sales Price Change from October 2019: Decreased 14.4%

Coastal Condos

  • Residential Properties sold in October 2020: 123
  • Average Sales Price: $447,837
  • Average Days on Market: 73
  • Average Sales Price Change from October 2019: Increased 9.4%

Coastal Homes

  • Residential Properties sold in October 2020: 108
  • Average Sales Price: $507,520
  • Average Days on Market: 67
  • Average Sales Price Change from October 2019: Increased 8.7%

Eastern Shore

  • Residential Properties sold in October 2020: 283
  • Average Sales Price: $351,701
  • Average Days on Market: 72
  • Average Sales Price Change from October 2019: Increased 17%

North Baldwin

  • Residential Properties sold in October 2020: 21
  • Average Sales Price: $170,880
  • Average Days on Market: 33
  • Average Sales Price Change from October 2019: Decreased 3.8%

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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 2,400 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.