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Baldwin County's November 2020 Housing Report

Tuesday, December 8, 2020 8:00 am

ROBERTSDALE, Ala. – Both new inventory and total sales increased for Baldwin County in the year-to-year comparison of November 2020, according to Baldwin REALTORS® Multiple Listing Service (MLS) statistics. Baldwin MLS reports a 13.4% increase in new inventory compared to November 2019. And together, the Traditional Residential area of Baldwin County and the Resort area had a total amount sold of $188,472,182 – a 10.5% increase compared to $170,598,912 in November 2019.

Baldwin County’s Traditional Residential area saw encouraging trends in all reported categories this past month. Average sales price was a 10.5% increase in year-over-year comparison. Total properties sold for this area were 407, a 17.6%% increase from November 2019 with 346 closed sales. Properties spent an average of 59 days on market, which was 11 days less than the year prior. The amount of new inventory also increased by 17.2% for this area of the county.

In their comparison to November 2019 statistics, the Resort area of Baldwin County only lacked in total closed sales. Where last year saw 169 closed sales, November 2020 only saw 144. However, the average sales price for the past month reported at $468,553 – a 2.2% increase. Listings spent less time on the on market at an average of 71 days compared to 90 days in November 2019. New inventory also increased by 4.8% in year-over-year comparison.

For previous months’ housing reports, click here.

Residential MLS Stats by Area:

Central Baldwin

  • Residential Properties sold in November 2020: 197
  • Average Sales Price: $203,539
  • Average Days on Market: 56

Average Sales Price Change from November 2019: Decreased 6.2% 

Coastal Condos

  • Residential Properties sold in November 2020: 81
  • Average Sales Price: $445,354
  • Average Days on Market: 60
  • Average Sales Price Change from November 2019: Increased 9.4%

Coastal Homes

  • Residential Properties sold in November 2020: 89
  • Average Sales Price: $450,651
  • Average Days on Market: 84
  • Average Sales Price Change from November 2019: Decreased 6.8%

Eastern Shore

  • Residential Properties sold in November 2020: 206
  • Average Sales Price: $355,133
  • Average Days on Market: 73
  • Average Sales Price Change from November 2019: Increased 13.3%

North Baldwin

  • Residential Properties sold in November 2020: 24
  • Average Sales Price: $189,824
  • Average Days on Market: 32
  • Average Sales Price Change from November 2019: Increased 8.5%

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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 2,400 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.