Are you thinking about buying a luxury home in Baldwin County? Well, lower Alabama has a strong real estate market in all price ranges, including homes that are over $1,000,000. Just when you think everyone is trying to recover from Christmas and not spend any money, we see stats like below.
The high-end, luxury market in Baldwin County is flourishing. Below you will find real estate market data for both single-family homes and condos in Orange Beach, Gulf Shores, Foley, Fairhope, Daphne, and Spanish Fort. For the purposes of this article, luxury is defined as having a selling price of $1,000,000 or above.
Single Family Luxury Home Sales
Luxury Homes That Sold in January
Last month, there were 5 luxury homes that sold in the cities of Fairhope and Orange Beach. Ono Island is actually located in the Orange Beach on the east side of the city.
Here are the stats:
- 5 Homes Sold
- Average List Price – $1,378,800
- Average Selling Price – $1,246,800
- Selling to List Price Ratio – 90%
- Average Square Feet – 4,555
- Average Price Per Square Foot – $301
- Days on the Market – 313
Luxury Single Family Homes That Are for Sale
There are 93 homes that are for sale in Baldwin County that have a price tag of $1,000,000 or above. Click the link to view all of the properties and their details. These homes have an average of 4,739 square feet and are priced at an average of $435 per square foot.
See All Homes That Are for Sale Over $1,000,000 in Specific Cities:
Spanish Fort
Daphne
Fairhope
Gulf Shores
Orange Beach
In case you didn't know, this site does not force you to register to view properties. Look as much as you would like and contact me if you need more information or would like to view the home in person.
Luxury Condo Sales
Luxury Condos That Sold in the Last 60 Days
Of the 3 luxury condo sales, 2 were in Phoenix West II and 1 was sold in Opal. Both complexes are in Orange Beach.
- 3 Condos Sold
- Average List Price – $1,234,333
- Average Selling Price – $1,227,166
- Selling to List Price Ratio – 99%
- Average Square Feet – 3,150
- Average Price Per Square Foot – $408
- Days on the Market – 61
Luxury Condos That Are For Sale
There are 43 luxury condos that are for sale in Gulf Shores and Orange Beach ranging in price from $1,029,000 to $4,200,000. The average square feet for these units is 3,241, and they are priced at an average of $467 per square foot.
So, in total there were 8 luxury properties that sold in one month, in the middle of the winter. Not bad for Baldwin County AL.
Have you been thinking about purchasing a high-end, luxury home for yourself? Please reach out if you need more details of any of the properties that interest you or if you would like to take a private tour of one of these homes.
Jeff Nelson
IXL Real Estate – Eastern Shore
251-654-2523
jeff@livegulfshoreslocal.com
