The numbers are out! Below you will find the major cities and real estate markets in Baldwin County AL, including information on both, Sold and Active homes. You’ll see Average prices, how many days on the market, average price per square foot, and the ratio of selling price to listing price.
All of the figures below are generated from the real estate activity from Baldwin County in January 2018 for the cities of Orange Beach, Gulf Shores, Foley, Fairhope, Daphne, and Spanish Fort. This data does not include real estate sales from the smaller towns of the county.
Keep Scrolling Past This Infographic for Much More Detail
ORANGE BEACH REAL ESTATE
Single Family Homes
- 15 homes were sold
- Average list price – $599,043
- Average selling price – $538,834
- Selling to listing ratio – 91%
- Average days on the market – 176
- Price per square foot – $174
- Average square feet of homes sold – 2,899
Condos
- 44 condos were sold
- Average list price – $475,447
- Average selling price – $458,142
- Selling to listing ratio – 96%
- Average days on the market – 95
- Price per square foot – $319
- Average square feet of condos sold – 1,467
GULF SHORES REAL ESTATE
Single Family Homes
- 49 homes were sold
- Average list price – $319,635
- Average selling price – $305,521
- Selling to listing ratio – 95%
- Average days on the market – 90
- Price per square foot – $164
- Average square feet of homes sold – 1,944
Condos
- 49 condos were sold
- Average list price – $281,304
- Average selling price – $273,437
- Selling to listing ratio – 97%
- Average days on the market – 91
- Price per square foot – $274
- Average square feet of condos sold – 1,051
FOLEY REAL ESTATE
- 54 homes were sold
- Average list price – $207,032
- Average selling price – $202,039
- Selling to listing ratio – 97%
- Average days on the market – 85
- Price per square foot – $103
- Average square feet of homes sold – 2,013
FAIRHOPE REAL ESTATE
- 41 homes were sold
- Average list price – $423,703
- Average selling price – $411,636
- Selling to listing ratio – 97%
- Average days on the market – 145
- Price per square foot – $145
- Average square feet of homes sold – 2,744
DAPHNE REAL ESTATE
- 38 homes were sold
- Average list price – $235,294
- Average selling price – $231,727
- Selling to listing ratio – 98%
- Average days on the market – 106
- Price per square foot – $104
- Average square feet of homes sold – 2,211
SPANISH FORT REAL ESTATE
- 29 homes were sold
- Average list price – $305,004
- Average selling price – $297,653
- Selling to listing ratio – 97%
- Average days on the market – 105
- Price per square foot – $106
- Average square feet of homes sold – 2,780
Who says that homes don’t sell in January? 319 single family homes and condos sold last month for the major cities of Baldwin County. And, that doesn’t even include the smaller towns of the county, commercial, or land sales. You can tell by looking at the selling to listing ratio that Baldwin is still in a buyer’s market with buyers getting anywhere from 91% to 98% off the list price depending on what city you’re in.
With an average of over 10 closings every single day in January, I would say that the market is hot in Baldwin County.
Recap based on November’s statistics:
- If you’re buying a condo at the beach, units in Gulf Shores are selling for $35 less per square foot (on average) than their sister city, Orange Beach.
- Are you wanting to buy a single family home near the Gulf Coast? Foley homes are selling for $61 to $71 a foot less than those in Gulf Shores and Orange Beach.
- For single family homes on the Eastern Shore, Daphne homes are the least expensive selling at $104 per foot, followed by Spanish Fort and then Fairhope at $145 per foot.
- For single family homes, Foley has the best deal at $103 per foot followed closely by Daphne at $104.
Understand that in this article I’m only covering the 6 major cities of Baldwin County. Towns like Robertsdale, Loxley, or Elberta may even be a better deal. Contact me for the figures.
Real Estate and Community Guides for:
Spanish Fort
Daphne
Fairhope
Foley
Gulf Shores
Orange Beach
Click on the image above to use this interactive stat maker. Click then scroll down.
ORANGE BEACH REAL ESTATE
Single family homes
- 174 homes for sale
- Average list price – $633,971
- Average price per square foot – $354
- Average days on the market – 166
- Median house size – 2,064
Condos
- 328 condos for sale
- Average list price – $565,826
- Average price per square foot – $341
- Average days on the market – 156
- Median condo size – 1,574 square feet
GULF SHORES REAL ESTATE
Single family homes
- 298 homes for sale
- Average list price – $529,322
- Average price per square foot – $232
- Average days on the market – 194
- Median house size – 2,200 square feet
Condos
- 334 condos for sale
- Average list price – $446,437
- Average price per square foot – $295
- Average days on the market – 178
- Median condo size – 1,309 square feet
FOLEY REAL ESTATE
- 242 homes for sale
- Average list price – $241,223
- Average price per square foot – $126
- Average days on the market – 98
- Median house size – 1,900 square feet
FAIRHOPE REAL ESTATE
- 332 homes for sale
- Average list price – $509,112
- Average price per square foot – $180
- Average days on the market – 137
- Median house size – 2,545 square feet
DAPHNE REAL ESTATE
- 279 homes for sale
- Average list price – $317,907
- Average price per square foot – $118
- Average days on the market – 125
- Median house size – 2,424 square feet
SPANISH FORT REAL ESTATE
- 135 homes for sale
- Average list price – $332,704
- Average price per square foot – $123
- Average days on the market – 120
- Median house size – 2,496 square feet
TOTAL RESIDENTIAL SALES
For the month of January, there were a total of 391 sales for both single family homes and condos. This is a 4.3% increase over homes that were sold in January of 2017.
Breakdown of sales:| 01/2017 | 01/2018 | |
| Single Family Homes | 226 | 217 |
| Condos | 121 | 101 |
| New Construction | 36 | 73 |
MEDIAN SALES PRICES
Median = the middle value, out of all the home prices this is the price in the exact middle – not average. Half of the prices are listed both above and below.
The median sales price has increased with a 5.3% gain from the same time last year.
Breakdown of median sale prices:| 01/2017 | 01/2018 | |
| Single Family Homes | $196,000 | $214,000 |
| Condos | $290,000 | $310,000 |
| New Construction | $264,700 | $238,500 |
AVERAGE SALES PRICES
Average = taking the sum and dividing it by the number of prices. The average sales price is 5.3% higher than January a year ago.
Breakdown of average sale prices:| 01/2017 | 01/2018 | |
| Single Family Homes | $274,112 | $277,285 |
| Condos | $312,752 | $364,263 |
| New Construction | $270,706 | $249,493 |
DAYS ON THE MARKET
Days on the market is a great indicator of the pulse of the real estate market. You can see here that demand is much larger this year than last year. These numbers indicate a 36.1% decrease for time on the market.
Breakdown of time on the market:| 01/2017 | 01/2018 | |
| Single Family Homes | 162 | 89 |
| Condos | 146 | 93 |
| New Construction | 176 | 110 |
TOTAL LISTINGS
There was only a 7.3% increase in total listings from a year ago.
Breakdown of listings:| 01/2017 | 01/2018 | |
| Single Family Homes |
