Dauphin Island July Residential Market Trends

The real estate market on Dauphin Island continues to showcase its dynamic nature with the release of data from the Gulf Coast Multiple Listing Service (MLS) for July, the service reported. In July, the months of inventory on Dauphin Island decreased by 0.89% compared to June, settling at 6.69 months. The service said this reduction in months of inventory points toward a further tightening of the market, reflecting a potential increase in buyer activity and heightened demand for residential properties. A trend in July was the increase in the median sold price for residential properties, which surged by 30.69% compared to June, reaching $519,500. The median days on market demonstrated a decrease of 3.7% in July compared to the previous month, with properties now spending a median of 52 days on the market. The list-to-sold price percent experienced an increase of 0.91% in July, reaching 94.7%. “This uptick indicates that sellers are achieving closer-to-listing prices for their properties, possibly due to heightened buyer competition and favorable market conditions,” MLS said. While the number of properties available for sale decreased by 5.6% compared to June, with a total of 68 properties, MLS added that the overall trend suggests a still-active market in which buyers are finding opportunities, despite a slightly reduced inventory.

Read More

STEAK OUT WEEKEND SET FOR MAY

Steak Out Weekend Set For May

THE LAND CELEBRATES OPENING OF OUTDOOR RECREATION FIELDS

The Land Celebrates Opening Of Outdoor Recreation Fields

TRINITY HOME INSPECTIONS LAUNCHES HOME INSPECTION SERVICES

Trinity Home Inspections Launches Home Inspection Services

D.R. HORTON OPENS RESORT-STYLE COMMUNITIES IN FAIRHOPE

D.R. Horton Opens Resort-Style Communities In Fairhope

BALDWIN COUNTY FEBRUARY 2025 HOUSING REPORT

Baldwin County February 2025 Housing Report

BBN-fallback

Thompson Holdings Safety Director Earns National Certification

TICKETS ON SALE FOR MUDBOTTOM REVIVAL MUSIC FESTIVAL

Tickets On Sale For MudBottom Revival Music Festival

movie Filmed Locally Receives June Release date

Movie Filmed Locally Receives June Release Date

COMMUNITY FOUNDATION OF SOUTH ALABAMA LUNCHEON NEXT MONTH

Community Foundation Of South Alabama Luncheon Next Month

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Something went wrong. Please check your entries and try again.

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.