ROBERTSDALE, Ala. – April’s real estate market in Baldwin County held steady with trends we’ve seen over the past several months. Baldwin REALTORS® Multiple Listing Service (MLS) reports increases in Average Sales Prices and Days on Market (DOM) for both the Traditional Residential and Resort/Island-based areas of the county, while both areas experienced decreases in the number of New Listings and Closed Sales last month.
In Baldwin County’s Traditional Residential area, average sales price experienced a 7.3% increase from April 2022 at $404,577. Properties stayed on market longer with an average of 56 days, which is 27 more days than the average a year ago. There were 100 less New Listings for this area of the county than last year. Total Closed Sales also reported a loss of 130 properties at just 380 properties sold.
In the Resort area of Baldwin County (all of Orange Beach, Fort Morgan, and anything in Gulf Shores south of Canal Rd/180), average sales price saw a 4.9% increase from April 2022, resulting in an average of $719,229. Listings spent more time on the on market at an average of 64 days, compared to just 35 days the year prior. A decrease was reported in Total Closed Sales as 197 properties solid in April 2023, compared to 288 in April 2022.
For previous months’ housing reports, click here.
Residential MLS Stats by Area:
Central Baldwin
Residential Properties sold in April 2023: 196
Average Sales Price: $307,051
Average Days on Market: 59
Average Sales Price Change from April 2022: Increased 18.3%
Coastal Condos
Residential Properties sold in April 2023: 130
Average Sales Price: $681,447
Average Days on Market: 65
Average Sales Price Change from April 2022: Increased 11.9%
Coastal Homes
Residential Properties sold in April 2023: 93
Average Sales Price: $693,744
Average Days on Market: 62
Average Sales Price Change from April 2022: Increased 2.6%
Eastern Shore
Residential Properties sold in April 2023: 175
Average Sales Price: $477,849
Average Days on Market: 56
Average Sales Price Change from April 2022: Increased 8.5%
North Baldwin
Residential Properties sold in April 2023: 21
Average Sales Price: $245,233
Average Days on Market: 30
Average Sales Price Change from April 2022: Decreased 6.0%
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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 3,000 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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