The Baldwin County housing market finished 2021 with strong December statistics reported by Baldwin REALTORS® Multiple Listing Service (MLS). New inventory increased 8.5% across the county this year compared to December 2020, and the market is showing no signs of slowing. Residential area of Baldwin County and the Resort area both had increases in closed sales. Altogether, the county saw a total amount of $376,660,888 in closed sales – a 49.3% increase compared to $252,333,419 in December 2020.
For the final month in 2020, the Resort market saw a $160,663 increase in sales price from the previous year. With a 32.4% increase from December 2020, the average sales price for this particular area of the county was $663,225. Listings spent less time on the on market at an average of 41 days compared to 82 days in December 2020. Additionally, total properties sold for this area also increased to 263 compared to December 2020’s 202 properties.
Baldwin County’s Traditional Residential area also saw encouraging trends in all reported categories this past month. Average sales price was a 20.6% increase in year-over-year comparison. Total properties sold for this area were 574 – 71 more than December 2020’s 503 closed sales. Properties in the Traditional Residential area also spent less time on the market at an average of 33 days, which almost half the time than the year prior, at 62 days.
For previous months’ housing reports, click here.
Residential MLS Stats by Area:
Central Baldwin
Residential Properties sold in December 2021: 244
Average Sales Price: $205,228
Average Days on Market: 93
Average Sales Price Change from December 2020: Increased 0.2%
Coastal Condos
Residential Properties sold in December 2021: 138
Average Sales Price: $455,716
Average Days on Market: 69
Average Sales Price Change from December 2020: Increased 5.5%
Coastal Homes
Residential Properties sold in December 2021: 105
Average Sales Price: $494,476
Average Days on Market: 84
Average Sales Price Change from December 2020: Increased 4.2%
Eastern Shore
Residential Properties sold in December 2021: 254
Average Sales Price: $341,123
Average Days on Market: 66
Average Sales Price Change from December 2020: Increased 16.9%
North Baldwin
Residential Properties sold in December 2021: 23
Average Sales Price: $184,732
Average Days on Market: 65
Average Sales Price Change from December 2020: Decreased 5.5%
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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 2,400 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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