Buying or selling a home in Baldwin County?  Here is your most comprehensive report for real estate sales in the area.  Not only will you see detailed information for what is currently on the market, you’ll find sales data for residential properties that closed in May 2019.

All of the data below pertains to all residential properties in Baldwin County including single family homes and condos.  All areas in the county are covered including Spanish Fort, Daphne, Fairhope, Foley, Gulf Shores, and Orange Beach. 

As always, if you’re in the market to buy or sell real estate in lower Alabama, contact me.

Continue Reading After This Infographic for Much More Detail

ORANGE BEACH REAL ESTATE

Single Family Homes

• 33 homes were sold
• Average list price – $620,548
• Average selling price – $595,487
• Selling to listing ratio – 96%
• Average days on the market – 127
• Price per square foot – $272
• Average square feet of homes sold – 2,433

Condos

• 98 condos were sold
• Average list price – $523,569
• Average selling price – $506,926
• Selling to listing ratio – 97%
• Average days on the market – 95
• Price per square foot – $328
• Average square feet of condos sold – 1,527

GULF SHORES REAL ESTATE

Single Family Homes

• 61 homes were sold
• Average list price – $370,457
• Average selling price – $358,166
• Selling to listing ratio – 97%
• Average days on the market – 96
• Price per square foot – $182
• Average square feet of homes sold – 2,044

Condos

• 69 condos were sold
• Average list price – $309,816
• Average selling price – $299,359
• Selling to listing ratio – 96%
• Average days on the market – 65
• Price per square foot – $268
• Average square feet of condos sold – 1,170

FOLEY REAL ESTATE

• 72 homes were sold
• Average list price – $214,554
• Average selling price – $209,690
• Selling to listing ratio – 97%
• Average days on the market – 71
• Price per square foot – $116
• Average square feet of homes sold – 1,832

FAIRHOPE REAL ESTATE

• 94 homes were sold
• Average list price – $389,259
• Average selling price – $372,191
• Selling to listing ratio – 96%
• Average days on the market – 78
• Price per square foot – $152
• Average square feet of homes sold – 2,455

DAPHNE REAL ESTATE

• 99 homes were sold
• Average list price – $275,264
• Average selling price – $270,740
• Selling to listing ratio – 98%
• Average days on the market – 85
• Price per square foot – $115
• Average square feet of homes sold – 2,313

SPANISH FORT REAL ESTATE

• 41 homes were sold
• Average list price – $299,128
• Average selling price – $294,507
• Selling to listing ratio – 98%
• Average days on the market – 84
• Price per square foot – $121
• Average square feet of homes sold – 2,417

Wow, what a great start to the summer buying season!  A astounding 567 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 sales, or land sales.  As you can see, the Baldwin County real estate market is still in a slight buyer’s market with purchasers getting an Average of 2%-4% off the list price (depending on the city).

With an average of 18.3 closings every day of the month, I would say the real estate market in Baldwin County is very strong.

Recap based on April’s statistics:

• Are you buying a condo at the beach?  The price per square foot is $60 cheaper in Gulf Shores than in Orange Beach.
• If you want to buy a home near the beach but not at it, single family homes in Foley are selling for $156 a foot less than Orange Beach and $66 less per foot than Gulf Shores.
• For single family homes on the Eastern Shore, Daphne homes are the least expensive selling at $115 per foot, followed by Spanish Fort at $121, and then by Fairhope at $152 per foot.
• For single family homes, Daphne has the best deal at $115 per foot followed closely by Foley at $116.

These statistics are just for the major cities of Baldwin, you could probably get an even better deal in towns like Elberta, Robertsdale, or Loxley. 

Contact me for the real estate statistics for these cities.  

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

• 185 homes for sale
• Average list price – $739,118
• Average price per square foot – $389
• Average days on the market – 116
• Median house size – 2,346

Condos

• 337 condos for sale
• Average list price – $583,776
• Average price per square foot – $360
• Average days on the market – 136
• Median condo size – 1,595 square feet

GULF SHORES REAL ESTATE

Single family homes

• 292 homes for sale
• Average list price – $597,762
• Average price per square foot – $247
• Average days on the market – 133
• Median house size – 2,384 square feet

Condos

• 357 condos for sale
• Average list price – $347,944
• Average price per square foot – $293
• Average days on the market – 123
• Median condo size – 1,244 square feet

FOLEY REAL ESTATE

• 221 homes for sale
• Average list price – $270,915
• Average price per square foot – $139
• Average days on the market – 95
• Median house size – 2,023 square feet

FAIRHOPE REAL ESTATE

• 405 homes for sale
• Average list price – $576,085
• Average price per square foot – $209
• Average days on the market – 112
• Median house size – 2,802 square feet

DAPHNE REAL ESTATE

• 302 homes for sale
• Average list price – $355,598
• Average price per square foot – $125
• Average days on the market – 95
• Median house size – 2,716 square feet

SPANISH FORT REAL ESTATE

• 129 homes for sale
• Average list price – $358,843
• Average price per square foot – $129
• Average days on the market – 110
• Median house size – 2,742 square feet

TOTAL RESIDENTIAL SALES

For the month of May, there were a total of 732 sales for both single family homes and condos.  This is a 10.2% increase over homes that were sold in May of 2018.

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 6.3% from the same time last year.

AVERAGE SALES PRICES

Average = taking the sum and dividing it by the number of prices.  The average sales price is 10% higher than from May a year ago.

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 14.3% decrease for time on the market.

TOTAL LISTINGS

There was only a 1.2% increase in total listings from a year ago.

INVENTORY TO SALES RATIO

Months of supply = the inventory for sale divided by the current monthy sales volume.  The real estate market is said to be balanced at a 6 months supply.

Baldwin County has a 4.1 months supply which is a 8.2% decrease from a year ago. 

These numbers indicate that the inventory of homes is becoming less than the amount of buyers in the marketplace.  This trend will give sellers more bargaining power.

For additional information about homes or condos that are for sale in Baldwin County, please contact me at:

Jeff Nelson
IXL Real Estate – Eastern Shore
251-654-2523
[email protected]