If you have been wanting to purchase a luxury home or condo in Baldwin County, this article will detail the activity for all properties that are over $1,000,000 for the cities of Spanish Fort, Daphne, Fairhope, Foley, Gulf Shores, and Orange Beach.
You may have seen the most recent real estate report for all homes in Baldwin County which is very comprehensive in regard to our current market. This report shows strong growth for the month of August in all price ranges. Here you’ll find the details for only homes and condos that are over $1,000,000. For the purpose of this article, we’ll refer to this price point and above as “luxury”.
Single Family Luxury Home Sales
Homes That Sold in September
Last month there were 9 homes that sold for over $1,000,000 in the neighborhoods of Bear Point Estates, Terry Cove Harbor, Ono Island, Cottages at Romar, and Point Clear. All of these properties are in Orange Beach with the exception of Point Clear which is in Fairhope.
Here are the stats for these homes:
- 9 homes sold
- Average list price – $1,978,529
- Average selling price – $1,828,651
- Average price per foot – $534
- Selling to list price ratio – 93%
- Average days on the market – 204
Homes That Are on the Market
Currently there are 128 single family homes that are for sale in Baldwin County that are over $1,000,000. You view all of these luxury homes by clicking here.
The highest home is listed at $8,900,000 and the median sales price is $1,437,500. The average square feet is 4,286 and the average price per foot is $473.
See All Homes That Are for Sale Over $1,000,000 in Specific Cities:
Luxury Condo Sales
Luxury Condos That Sold in September
- 5 condos closed
- Average list price – $1,129,400
- Average selling price – $1,099,300
- Average price per foot – $503
- List to selling price ratio – 97%
- Average days on the market – 84
Luxury Condos on the Market
Currently there are 51 condos that are for sale in Baldwin County at a price tag of over $1,000,000. Virtually all of these will be located on the beach in Orange Beach and Gulf Shores.
The highest is listed at $3,299,000 and the median sales price is $1,399,900. The average square feet is 3,497 and the average price per foot is $505.
If you’ve been considering a purchase of a high-end property in Baldwin County, please reach out to me for more information on a property, community, or market conditions.