ROBERTSDALE, Ala. – February may be a short month, but it had a big impact on Baldwin County real estate. Baldwin REALTORS® Multiple Listing Service (MLS) reports February year-over-year increases in properties sold, average sales price and new listings for both the Resort and Traditional Residential areas of Baldwin County. Total sales volume for the county increased by 44.4% from $165,108,215 in February 2020 to $238,453,533 this past month.
For Traditional Residential properties in Baldwin County, a total of 444 sold last month, compared to 356 in February 2020. Average sales price increased from February 2020 by 11% with an average of $295,998 for properties in this area. Average days on market (DOM) for this area of the county continue to be below the national average with this month reporting 56 DOM.
The Resort area of Baldwin County saw significantly positive trends this past month. A total of 211 properties sold, compared to 165 in February 2020 – a 27.9% increase. Average sales price continues to be above $500K at $507,252. And average DOM decreased by a whopping 40.2% from February 2020 with only 58 days in comparison to 97.
Click here to read previous monthly reports. Residential MLS Stats by Area:
Central Baldwin
Residential Properties sold in February 2021: 221
Average Sales Price: $214,437
Average Days on Market: 76
Average Sales Price Change from February 2020: Increased 20.4%
Coastal Condos
Residential Properties sold in February 2021: 136
Average Sales Price: $442,473
Average Days on Market: 51
Average Sales Price Change from February 2020: Increased 6.3%
Coastal Homes
Residential Properties sold in February 2021: 117
Average Sales Price: $534,979
Average Days on Market: 66
Average Sales Price Change from February 2020: Increased 31.1%
Eastern Shore
Residential Properties sold in February 2021: 209
Average Sales Price: $354,284
Average Days on Market: 68
Average Sales Price Change from February 2020: Increased 13.2%
North Baldwin
Residential Properties sold in February 2021: 24
Average Sales Price: $195,796
Average Days on Market: 42
Average Sales Price Change from February 2020: Increased 35.1%
###
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.
Comments