ROBERTSDALE, Ala. – New property inventory and amount sold in Baldwin County both saw double-digit increases in comparison to this time last year, according to Baldwin REALTORS® Multiple Listing Service (MLS) statistics. Baldwin MLS reports a 14.6% increase in new inventory compared to November 2020. And together, the Traditional Residential area of Baldwin County and the Resort area had a total amount sold of $289,911,985 – a 51.2% increase compared to $191,705,432 in November 2020.
Baldwin County’s Traditional Residential area saw encouraging trends in all reported categories this past month. Average sales price was a 17.6% increase in year-over-year comparison. Total properties sold for this area were 472, a 12.7% increase from November 2020 with 419 closed sales. Properties spent an average of 28 days on market, which was a 52% decrease from 2020. The amount of new inventory also increased by almost 8% for this area of the county.
According to November 2021 statistics, the Resort area of Baldwin County saw a jump of almost 32% in average sales price compared to November 2020. Closed home sales also climbed over 40% year-over-year, increasing to 204 from 145 in 2020. Homes continue to move quickly, with only 41 days on the market in 2021, while 2020 saw a 30-day difference at 71. New inventory also increased by 34.1% in year-over-year comparison.
For previous months’ housing reports, click here.
Residential MLS Stats by Area:
Central Baldwin
Residential Properties sold in November 2021: 242
Average Sales Price: $261,023
Average Days on Market: 59
Average Sales Price Change from November 2020: Increased 28.2%
Coastal Condos
Residential Properties sold in November 2021: 148
Average Sales Price: $555,965
Average Days on Market: 41
Average Sales Price Change from November 2020: Increased 24.8%
Coastal Homes
Residential Properties sold in November 2021: 105
Average Sales Price: $630,010
Average Days on Market: 36
Average Sales Price Change from November 2020: Increased 39.8%
Eastern Shore
Residential Properties sold in November 2021: 212
Average Sales Price: $383,179
Average Days on Market: 25
Average Sales Price Change from November 2020: Increased 7.9%
North Baldwin
Residential Properties sold in November 2021: 30
Average Sales Price: $249,606
Average Days on Market: 43
Average Sales Price Change from November 2020: Increased 31.4%
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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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