May 12, 2023
Baldwin County April Housing Report
In April, the Baldwin REALTORS Multiple Listing Service reported increases in average sales prices and days on market for both the “Traditional Residential” and “Resort/Island” areas of Baldwin County, while both areas experienced decreases in the number of new listings and closed sales last month. In “Traditional Residential,” average sales price experienced a 7.3% increase from April 2022 to $404,577. Properties stayed on market longer, with an average of 56 days, which is 27 more days than the average a year ago. There were 100 fewer new listings for this area of the county than last year. Total closed sales also reported a loss of 130 properties at only 380 properties sold. In the “Resort,” average sales price saw a 4.9% increase from April 2022, resulting in an average of $719,229. Listings spent more time on the market, at an average of 64 days, compared to only 35 days the year prior. A decrease was reported in total closed sales: 197 properties sold in April 2023, compared to 288 in April 2022.
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