Baldwin County June Housing Report Released

With home sale prices continuing to rise, the Baldwin County real estate industry is seeing a major boost in total monthly sales. The Baldwin REALTORS Multiple Listing Service reports a year-over-year increase in the total sales volume of June 2021 for both “Resort” and “Traditional Residential” categories, as well as a drastic increase in average sales price for the “Resort” market. June’s average sales price for “Resort” increased to $607,142, compared to $426,174 in June 2020. Additionally, total sales volume for June 2021 in Baldwin County increased by 53.2% from the year prior. A total of 301 “Resort” properties sold last month, compared to 268 in June 2020; but, due to higher sales prices, the sales volume increased by more than $60 million. For “Traditional Residential,” 738 sold last month, compared to 601 in June 2020. Sales volume increased by almost $80 million from the year prior. “Traditional Residential” area also mimics “Resort,” in that it saw an average of only 28 days on market (DOM) compared to 64 DOM in June 2020.