Even though we’re still in the middle of Covid 19, you’ll see that the real estate market in Baldwin is going as strong as ever.  The challenges we face in one way doesn’t seem to be effecting us substantially.

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.

Baldwin Real Estate Data for June 2020

Find Much More Real Estate Stats for Baldwin County Following the Infographic

ORANGE BEACH REAL ESTATE

Single Family Homes

• 43 homes were sold
• Average list price – $563,591
• Average selling price – $543,103
• Selling to listing ratio – 96%
• Average days on the market – 118
• Price per square foot – $285
• Average square feet of homes sold – 2,137

Condos

• 90 condos were sold
• Average list price – $528,179
• Average selling price – $510,916
• Selling to listing ratio – 96%
• Average days on the market – 87
• Price per square foot – $353
• Average square feet of condos sold – 1,436

GULF SHORES REAL ESTATE

Single Family Homes

• 79 homes were sold
• Average list price – $390,437
• Average selling price – $397,163
• Selling to listing ratio – 97%
• Average days on the market – 100
• Price per square foot – $178
• Average square feet of homes sold – 2,153

Condos

• 86 condos were sold
• Average list price – $287,897
• Average selling price – $278,501
• Selling to listing ratio – 96%
• Average days on the market – 91
• Price per square foot – $286
• Average square feet of condos sold – 1,035

FOLEY REAL ESTATE

• 119 homes were sold
• Average list price – $219,377
• Average selling price – $216,112
• Selling to listing ratio – 98%
• Average days on the market – 76
• Price per square foot – $114
• Average square feet of homes sold – 1,895

FAIRHOPE REAL ESTATE

• 93 homes were sold
• Average list price – $387,401
• Average selling price – $376,952
• Selling to listing ratio – 97%
• Average days on the market – 83
• Price per square foot – $175
• Average square feet of homes sold – 2,269

DAPHNE REAL ESTATE

• 143 homes were sold
• Average list price – $283,607
• Average selling price – $279,945
• Selling to listing ratio – 98%
• Average days on the market – 60
• Price per square foot – $119
• Average square feet of homes sold – 2,352

SPANISH FORT REAL ESTATE

• 57 homes were sold
• Average list price – $298,552
• Average selling price – $295,002
• Selling to listing ratio – 99%
• Average days on the market – 83
• Price per square foot – $125
• Average square feet of homes sold – 2,363

So just when you think we would see a drastic decline in real estate sales during Covid 19, there are 883 homes and condos that close in the month of June.  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 30 closings every day of the month in June, 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 February statistics:

• If you’re thinking about buying a condo at the beach, Gulf Shores is cheaper than Orange Beach by an average of $67 per square foot.
• Do you want a single family home near the beach?  Foley is priced $171 less per foot than Orange Beach and $64 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 $119 per foot, followed by Spanish Fort at $125, and then by Fairhope at $175 per foot.
• For single family homes, Foley has the best deal in the county at $114 per foot followed closely by Daphne at $119.

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

• 135 homes for sale
• Median list price – $609,000
• Median price per square foot – $351
• Average days on the market – 118
• Median house size – 2,240

Condos

• 252 condos for sale
• Average list price – $674,509
• Average price per square foot – $398
• Average days on the market – 157
• Median condo size – 1,636 square feet

GULF SHORES REAL ESTATE

Single family homes

• 211 homes for sale
• Median list price – $449,900
• Median price per square foot – $205
• Average days on the market – 133
• Median house size – 2,178 square feet

Condos

• 208 condos for sale
• Average list price – $355,349
• Average price per square foot – $335
• Average days on the market – 123
• Median condo size – 1,092 square feet

FOLEY REAL ESTATE

• 187 homes for sale
• Average list price – $275,316
• Average price per square foot – $134
• Average days on the market – 73
• Median house size – 1,940 square feet

FAIRHOPE REAL ESTATE

• 282 homes for sale
• Median list price – $441,750
• Median price per square foot – $202
• Average days on the market – 108
• Median house size – 2,781 square feet

DAPHNE REAL ESTATE

• 277 homes for sale
• Median list price – $313,800
• Median price per square foot – $143
• Average days on the market – 91
• Median house size – 2,683 square feet

SPANISH FORT REAL ESTATE

• 120 homes for sale
• Median list price – $341,000
• Median price per square foot – $131
• Average days on the market – 100
• Median house size – 2,511 square feet

TOTAL RESIDENTIAL SALES

For the month of June, there were a total of 883 sales for both single family homes and condos.  This is a 31.4% increase over homes that were sold in June of 2019.

Breakdown of sales:

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 decreased 2.4% from the same time last year.

Breakdown of median sale prices:

AVERAGE SALES PRICES

Average = taking the sum and dividing it by the number of prices.  The average sales price is 2.3% lower than from June a year ago.

Breakdown of average sale prices:

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 1.2% decrease for time on the market.

Breakdown of time on the market:

TOTAL LISTINGS

There was a 22.5% decrease in total listings from a year ago.

Breakdown of listings:

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 2.5 months supply which is a 42% 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