Even though we’re in the heart of the “off season”, you’ll see that the real estate market in Baldwin is going as strong as ever.
If you’re interested in the real estate market of Baldwin County (whether buying or selling a home), I think you’ll find this page very useful. This is the most comprehensive page on real estate market data that you’ll find in the area.
Keep reading below and please let me know if you have any questions about our area and real estate conditions.
Find Much More Real Estate Stats for Baldwin County Following the Infographic
ORANGE BEACH REAL ESTATE
Single Family Homes
- 27 homes were sold
- Average list price – $550,412
- Average selling price – $522,106
- Selling to listing ratio – 95%
- Average days on the market – 95
- Price per square foot – $258
- Average square feet of homes sold – 2,078
Condos
- 62 condos were sold
- Average list price – $552,798
- Average selling price – $537,941
- Selling to listing ratio – 97%
- Average days on the market – 135
- Price per square foot – $341
- Average square feet of condos sold – 1,560
GULF SHORES REAL ESTATE
Single Family Homes
- 51 homes were sold
- Average list price – $522,995
- Average selling price – $486,217
- Selling to listing ratio – 97%
- Average days on the market – 99
- Price per square foot – $207
- Average square feet of homes sold – 2,329
Condos
- 64 condos were sold
- Average list price – $328,419
- Average selling price – $316,517
- Selling to listing ratio – 96%
- Average days on the market – 118
- Price per square foot – $302
- Average square feet of condos sold – 1,079
FOLEY REAL ESTATE
- 87 homes were sold
- Average list price – $211,739
- Average selling price – $206,092
- Selling to listing ratio – 97%
- Average days on the market – 57
- Price per square foot – $110
- Average square feet of homes sold – 1,848
FAIRHOPE REAL ESTATE
- 61 homes were sold
- Average list price – $388,772
- Average selling price – $378,648
- Selling to listing ratio – 97%
- Average days on the market – 84
- Price per square foot – $151
- Average square feet of homes sold – 2,591
DAPHNE REAL ESTATE
- 81 homes were sold
- Average list price – $246,288
- Average selling price – $243,346
- Selling to listing ratio – 98%
- Average days on the market – 82
- Price per square foot – $116
- Average square feet of homes sold – 1,954
SPANISH FORT REAL ESTATE
- 32 homes were sold
- Average list price – $303,039
- Average selling price – $297,292
- Selling to listing ratio – 97%
- Average days on the market – 69
- Price per square foot – $121
- Average square feet of homes sold – 2,390
So just when you think everything that has to do with real estate slows down during Christmas, we see that 617 homes and condos sold in December in Baldwin County. Also, this doesn’t include land sales or commercial properties. For quite some time Baldwin County has been in a slight buyer’s market and that remains the case with this listing to selling price ratio at 96%. Buyers for the most part are able to get an average of 4% off the asking price.
With nearly 19 closings every day of the month in December, I would say that Baldwin is doing quite well and creating a big draw for home buyers from all over the country.
Recap based on December statistics:
- If you’re thinking about buying a condo at the beach, Gulf Shores is cheaper than Orange Beach by an average of $39 per square foot.
- Do you want a single family home near the beach? Foley is priced $148 less per foot than Orange Beach and $97 per foot less than Gulf Shores (for single family homes).
- For single family homes on the Eastern Shore, Daphne homes are the least expensive selling at $116 per foot, followed by Spanish Fort at $121, and then by Fairhope at $151 per foot.
- For single family homes, Foley has the best deal in the county at $110 per foot followed closely by Daphne at $116.
This recap only represents the major cities of Baldwin County and not the smaller towns like Loxley and Summerdale.
Contact me for any real estate information that you need.
Real Estate and Community Guides for:
Spanish Fort
Daphne
Fairhope
Foley
Gulf Shores
Orange Beach
Click on the image above to use this interactive stat maker. Click then scroll down.
ORANGE BEACH REAL ESTATE
Single family homes
- 171 homes for sale
- Median list price – $440,000
- Median price per square foot – $293
- Average days on the market – 161
- Median house size – 1,843
Condos
- 344 condos for sale
- Average list price – $561,643
- Average price per square foot – $358
- Average days on the market – 143
- Median condo size – 1,392 square feet
GULF SHORES REAL ESTATE
Single family homes
- 249 homes for sale
- Median list price – $429,000
- Median price per square foot – $245
- Average days on the market – 144
- Median house size – 2,039 square feet
Condos
- 348 condos for sale
- Average list price – $350,514
- Average price per square foot – $297
- Average days on the market – 129
- Median condo size – 1,060 square feet
FOLEY REAL ESTATE
- 234 homes for sale
- Average list price – $260,405
- Average price per square foot – $127
- Average days on the market – 95
- Median house size – 2,027 square feet
FAIRHOPE REAL ESTATE
- 314 homes for sale
- Median list price – $432,450
- Median price per square foot – $207
- Average days on the market – 125
- Median house size – 2,660 square feet
DAPHNE REAL ESTATE
- 295 homes for sale
- Median list price – $285,000
- Median price per square foot – $124
- Average days on the market – 96
- Median house size – 2,495 square feet
SPANISH FORT REAL ESTATE
- 143 homes for sale
- Median list price – $327,235
- Median price per square foot – $132
- Average days on the market – 127
- Median house size – 2,577 square feet
TOTAL RESIDENTIAL SALES
For the month of December, there were a total of 617 sales for both single family homes and condos. This is a 37% increase over homes that were sold in December of 2018.
Breakdown of sales:| 12/2018 | 12/2019 | |
| Single Family Homes | 236 | 333 |
| Condos | 97 | 146 |
| New Construction | 117 | 138 |
MEDIAN SALES PRICES
Median = the middle value, out of all the home prices this is the price in the exact middle – not average. Half of the prices are listed both above and below.
The median sales price has increased 5.9% from the same time last year.
Breakdown of median sale prices:| 12/2018 | 12/2019 | |
| Single Family Homes | $220,000 | $220,000 |
| Condos | $323,000 | $366,250 |
| New Construction | $219,900 | $236,854 |
AVERAGE SALES PRICES
Average = taking the sum and dividing it by the number of prices. The average sales price is 12.9% higher than from December a year ago.
Breakdown of average sale prices:| 12/2018 | 12/2019 | |
| Single Family Homes | $256,790 | $289,774 |
| Condos | $378,081 | $410,764 |
| New Construction | $252,776 | $289,336 |
DAYS ON THE MARKET
Days on the market is a great indicator of the pulse of the real estate market. You can see here that demand is much larger this year than last year. These numbers indicate a 10% decrease for time on the market.
Breakdown of time on the market:| 12/2018 | 12/2019 | |
| Single Family Homes | 71 | 67 |
| Condos | 94 | 116 |
| New Construction | 125 | 78 |
TOTAL LISTINGS
There was only a 20% decrease in total listings from a year ago.
Breakdown of listings:| 12/2018 | 12/2019 | |
| Single Family Homes | 1,715 | 1,345 |
| Condos | 778 | 636 |
| New Construction | 789 | 645 |
INVENTORY TO SALES RATIO
Months of supply = the inventory for sale divided by the current monthy sales volume. The real estate market is said to be balanced at a 6 months supply.
Baldwin County has a 4.3 months supply which is a 41.6% decrease from a year ago.
For additional information about homes or condos that are for sale in Baldwin County, please contact me at:
Jeff Nelson
IXL Real Estate – Eastern Shore
251-654-2523
jeff@livegulfshoreslocal.com
