ROBERTSDALE, Ala. – With summer winding down and families starting back to school, Baldwin County’s housing market saw a lack of urgency this August. Baldwin REALTORS® Multiple Listing Service (MLS) reports significant year-over-year increases from August 2023 to August 2024 in Average Days on Market for both the Traditional Residential and Resort areas of Baldwin County real estate, meaning listings across the county typically stayed in Active status longer before going under contract. Additionally, Total Closed Sales decreased across both submarkets in comparison with the year prior.
For August 2024, the Resort area of Baldwin County (all of Orange Beach, Fort Morgan, and anything in Gulf Shores south of Canal Rd/180) saw Average Sales Price increase by 0.5% from August 2023, resulting in an average of $790,106. Listings spent more time on the on market at an average of 104 days, compared to 74 days the year prior. A decrease was reported in Total Closed Sales as 132 properties solid in August 2024, compared to 183 in August 2023.
Baldwin County’s Traditional Residential area (everything else in Baldwin County not included in the Resort market areas) saw Average sales price decrease by 7.1% from August 2023, resulting in $393,612. Properties stayed on market longer with an average of 58 days, which is 11 more days than the average a year ago. Total Closed Sales for this area of the county reports a loss of 67 properties from the previous year at 430 properties sold.
For previous months’ housing reports, click here.
Residential MLS Stats by Area:
Central Baldwin
Residential Properties sold in August 2024: 186
Average Sales Price: $335,965
Average Days on Market: 64
Average Sales Price Change from August 2023: Increased 14.3%
Coastal Condos
Residential Properties sold in August 2024: 82
Average Sales Price: $722,700
Average Days on Market: 109
Average Sales Price Change from August 2023: Increased 21.8%
Coastal Homes
Residential Properties sold in August 2024: 81
Average Sales Price: $799,916
Average Days on Market: 90
Average Sales Price Change from August 2023: Increased 6.7%
Eastern Shore
Residential Properties sold in August 2024: 195
Average Sales Price: $440,982
Average Days on Market: 49
Average Sales Price Change from August 2023: Decreased 2.4%
North Baldwin
Residential Properties sold in August 2024: 24
Average Sales Price: $249,716
Average Days on Market: 43
Average Sales Price Change from August 2023: Decreased 1.6%
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.