Real Estate Data for Baldwin County

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.

Baldwin County Real Estate

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

Baldwin County Real Estate Update Page 1 - Jan 2020

Baldwin County Real Estate Update Page 2 - Jan 2020

Homes Sold in Baldwin County

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.

Baldwin Sales and Inventory - January 2020

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

Residential MLS Sold Stats

Click on the image above to use this interactive stat maker.  Click then scroll down.

Homes for Sale Baldwin County

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

Baldwin Days on the Market and Price - January 2020

Overall Residential Report

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:
 12/201812/2019
Single Family Homes236333
Condos97146
New Construction117138

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:
 12/201812/2019
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:
 12/201812/2019
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:
 12/201812/2019
Single Family Homes7167
Condos94116
New Construction12578

TOTAL LISTINGS

There was only a 20% decrease in total listings from a year ago.

Breakdown of listings:
 12/201812/2019
Single Family Homes1,7151,345
Condos778636
New Construction789645

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

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.