The latest condo and home market data from the Baldwin County Association of REALTORS
ROBERTSDALE, Ala. – Aligned with recent trends, the Baldwin County housing market experienced a slower pace this July than a year prior. Baldwin REALTORS® Multiple Listing Service (MLS) reports a year-over-year increase in Average Days on Market (DOM) and an overall decrease in Average Sales Price for Baldwin County in July 2023.
In the Resort area of Baldwin County (all of Orange Beach, Fort Morgan, and anything in Gulf Shores south of Canal Rd/180), average sales price saw a 4.2% decrease from July 2022, resulting in an average of $699,289. Listings spent significantly more time on the on market at an average of 127 days, compared to just 27 days the previous year. An increase was reported in Total Closed Sales as 182 properties sold in July 2023, compared to 155 in July 2022.
In Baldwin County’s Traditional Residential area (all other residential property in Baldwin County not located in the Resort area), average sales price experienced a 1.7% decrease from July 2022 at $391,093. Properties stayed on market longer with an average of 52 days, which is 30 more days than the average a year ago. Additionally, Total Closed Sales reported a loss of 97 properties at just 426 properties sold.
For previous months’ housing reports, click here.
Residential MLS Stats by Area:
Central Baldwin
· Residential Properties sold in July 2023: 180
· Average Sales Price: $322,141
· Average Days on Market: 61
· Average Sales Price Change from July 2022: Increased 4.8%
Coastal Condos
· Residential Properties sold in July 2023: 110
· Average Sales Price: $650,147
· Average Days on Market: 52
· Average Sales Price Change from July 2022: Decreased 0.5%
Coastal Homes
· Residential Properties sold in July 2023: 122
· Average Sales Price: $650,206
· Average Days on Market: 56
· Average Sales Price Change from July 2022: Increased 1.0%
Eastern Shore
· Residential Properties sold in July 2023: 180
· Average Sales Price: $450,909
· Average Days on Market: 45
· Average Sales Price Change from July 2022: Decreased 6.1%
North Baldwin
· Residential Properties sold in July 2023: 18
· Average Sales Price: $257,211
· Average Days on Market: 54
· Average Sales Price Change from July 2022: Decreased 7.1%
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REALTORS ® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re-transmitted, copied, framed, re-purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS ®. Florida
Baldwin County Association Of Realtors®: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2023 and is owned either by the Mobile Area Association of REALTORS® Inc/Gulf Coast MLS; or by the developers of the software, Inside Real Estate, LLC. All rights reserved.
