Baldwin County Housing Report Shows Further Gains

The Baldwin REALTORS Multiple Listing Service reports thatApril saw a drastic increase of properties sold in the “Resort” area at 160.3%, compared to properties sold in April 2020. The “Traditional Residential” area of Baldwin County saw a 32.4% increase in properties sold. Together, the entire county experienced 826 properties sold this April, compared to 507 last April. Possibly even more encouraging, the report said, is that the county had net growth in new listings this past month: 974 properties were added to the service. Along with the increase in sold properties, the “Resort” area of Baldwin County also saw a significant decrease in days on market (DOM). Where April 2020 had an average of 101 DOM for listings, April 2021 saw an average of only 49. “Traditional Residential” also saw a dramatic decrease in DOM. At only 36 DOM, homes are leaving the market 52% faster than they did the year prior. Average sales price also continues to climb, going from $312,603 in March 2021 to $316,495 in April 2021.