ROBERTSDALE, Ala. – Just one year after the pandemic hit our vacation and tourism market hard, the Resort area of Baldwin County has radically recovered. Baldwin REALTORS® Multiple Listing Service (MLS) reports that April 2021 saw a drastic increase of properties sold in the Resort area of our county at 160.3%, compared to properties sold in April 2020. The Traditional Residential area of the county also saw a 32.4% increase in properties sold. Together, the entire county experienced 826 properties sold in the month of April 2021, compared to just 507 the year prior.
What might be even more encouraging to report is that, in this past month, Baldwin County experienced net growth in New Listings. While 826 properties sold, 974 properties were added to the MLS during April 2021. Traditional Residential increased by 642 new listings, and the Resort area gained 332.
Along with their major increase in properties sold, the Resort area of Baldwin County also saw a significant dip in days on market (DOM). Where April 2020 had an average of 101 DOM for listings, April 2021 saw an average of just 49 DOM. Additionally, the average sales price for this area of the county continues to be one of the highest averages we’ve seen month-to-month. March 2021’s average of $564,924 has been surpassed by this past month’s average sales price of $577,204.
The Traditional Residential market in Baldwin County also saw a dramatic decrease of DOM. At just 36 DOM, homes are flying off the market 52% faster than the year prior. Average sales price also continues to climb for this area of our county, going from $312,603 in March of this year to $316,495 in April 2021.
Residential MLS Stats by Area:
Central Baldwin
Residential Properties sold in April 2021: 261
Average Sales Price: $218,629
Average Days on Market: 79
Average Sales Price Change from April 2020: Increased 14.4%
Coastal Condos
Residential Properties sold in April 2021: 231
Average Sales Price: $478,586
Average Days on Market: 40
Average Sales Price Change from April 2020: Increased 30.4%
Coastal Homes
Residential Properties sold in April 2021: 120
Average Sales Price: $696,184
Average Days on Market: 62
Average Sales Price Change from April 2020: Increased 59.9%
Eastern Shore
Residential Properties sold in April 2021: 279
Average Sales Price: $360,521
Average Days on Market: 37
Average Sales Price Change from April 2020: Increased 12%
North Baldwin
Residential Properties sold in April 2021: 18
Average Sales Price: $195,009
Average Days on Market: 39
Average Sales Price Change from April 2020: Increased 7%
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About Baldwin REALTORS®
Baldwin REALTORS® is the source for real estate in Southern Alabama. We provide resources, education and tools to over 2,500 professionals across the region. We work to protect the interests of property owners, and our members serve buyers and sellers as REAL Advocates, Advisors, and Experts. Realtors agree to abide by a strict code of ethics and are held to a high ethical standard by their peers through their association membership. The term Realtor is a federally registered trademark owned by the National Association of REALTORS® and denotes membership in the Nonprofit Association.
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