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Baldwin County Monthly Housing Report: September 2018

Monday, October 8, 2018

ROBERTSDALE, Alabama – Oct. 8, 2018 – Home stats continue to surge here along the coast. It looks like people from all over want to see what makes this county so special. Just under 400 existing homes were sold last month, 123 new construction, and 156 condominium units throughout Baldwin County.

The total amount of residential active inventory in September 2018 was 3,104.

605 properties were sold last month, an increase of about 3% from September 2017: 586.

Properties are staying the market for less days from 2017: decreasing 19% from 103 days last year to 83 days in last month.

September total sales volume increased 13% this year, $186,103,000, from $164,960,211 in September 2017.

The average sales prices of residential properties in Baldwin County this month increased 9% from 2017. Last year, the average sales price was $281,502, and this year, $307,608.

 

Residential MLS Stats by area:

Central Baldwin

Residential Properties sold in September 2018: 144

Average Sales Price: $210,339

Average Days on Market: 85

Average Sales Price Change from September 2017: Increase 14%

 

Coastal Condos

Residential Properties sold in September 2018: 99

Average Sales Price: $386,581

Average Days on Market: 78

Average Sales Price Change from September 2017: Increase 5%

 

Coastal Homes

Residential Properties sold in September 2018: 75

Average Sales Price: $472,828

Average Days on Market: 108

Average Sales Price Change from September 2017: Increase 7%

 

Eastern Shore

Residential Properties sold in September 2018: 188

Average Sales Price: $328,520

Average Days on Market: 71

Average Sales Price Change from September 2017: Increase 15%

 

North Baldwin

Residential Properties sold in September 2018: 13

Average Sales Price: $ 197,192

Average Days on Market: 58

Average Sales Price Change from September 2017: Increase 36%

 

About BCAR

The Baldwin County Association of REALTORS® (BCAR) is a professional trade association supporting the success and advancement of over 2,000 REALTORS® in the Baldwin County area. BCAR supports members through professional education, peer networking, and MLS services. We work for the protection of private property ownership and promote the work of our members in the local community. REALTORS® are held to a high standard of conduct by their peers and the National Association of REALTORS® code of ethics.