Baldwin County September Housing Report

Baldwin REALTORS Multiple Listing Service reports a year-over-year increase for September 2023 in average days on market and a decrease in the number of closed sales for both “Traditional Residential” and “Resort/Island” properties in Baldwin County. Additionally, “Traditional Residential” continued to see slight average sales price increases, while “Resort/Island” properties experienced a minor dip in sold prices. The average “Resort” sales price saw a 6.8% decrease from September 2022, resulting in an average of $682,158. Listings spent more time on the on market, at an average of 71 days, compared to 52 days the year prior. A decrease was reported in total closed sales, as 143 properties sold in September 2023, compared to 184 in September 2022. “Traditional Residential” average sales price experienced a 3.9% increase from September 2022 at $389,357. Properties stayed on market longer with an average of 48 days, which is 21 more days than the average a year ago. There were 16 fewer new listings and 53 fewer properties sold in this area of the county than last year.