Monthly Market Update

We gather the most up to date date and share each month on our blog. This is a great resource to know what is happening in our market.

Found 4 blog entries about Monthly Market Update.

Total Sales: There were 511 units sold in June (units = houses and condos). Last June there were 466 units sold.This is 26.17 increase from June of last year. Our of these 511 units 152 were condos. 

Average Sales price: The average selling price in Baldwin County for June 2014 was $258,671. This represents a 2.41% increase from June 2014. Condos in Baldwin County averaged $340,741.

Days on Market: The average number of days a listing stayed on the market before being sold was 144 days (or 4.8 months) in June. This is 9 days less than last June. Since last year, average days on the market decreased 29.06%! 

667 Views, 0 Comments

Thanks to our friends at The University of South Alabama we have access to great market data for Baldwin County Real Estate. So let's see what the month of April was like and how it may help us determine what to expect in our local market.

Total Sales: There were 376 units sold in April (units = houses and condos). Last April there were 402 units sold.This is a normal range for the month of April. Our of these 376 units 32 were newly constructed and 131 were condos. Our biggest April in 2004 there were 574 units sold.

Average Sales price: The average selling price in Baldwin County for April 2014 was $2257,333. This represents a 10.3% increase from April of 2013. Condos in Baldwin County averaged $333,679 while single family homes in Baldwin County

779 Views, 0 Comments

Condo sales along the gulf coast is always a hot topic. Many of these purchases are not only for investors but also being bought and sold by end users. Condo sales along our Alabama beaches are also a great indicator of the confidence level of the Baldwin County market in general.

In March '14 there were 108 units sold. Although this is 15% less than last March is it within a  common range for early Spring condo sales. The average condo in March sold for $367,499 or 33% over last March's average. Although there are several mid to low price condos on the market we have seen an increase in activity at some of the higher end resorts such as Turquoise Place Condos in Orange Beach. We have seen the number of days it takes to sell a condo decrease over the

752 Views, 0 Comments

I love data. We often use market data to understand what to predict a home will sell for and how fast it will sell. Thanks to our friends at The University of South Alabama we have access to great market data for Baldwin County Real Estate. So let's see what the month of March was like and how it may help us determine what to expect in our local market.

Total Sales: There were 344 units sold in March (units = houses and condos). Last March there were 385 units sold.This is a normal range for the month of March. Our of these 344 units 42 were newly constructed and 108 were condos. Our biggest March in 2004 there were 629 units sold.

Average Sales price: The average selling price in Baldwin County for March 2014 was $268,295. This represents a 15.3%

749 Views, 0 Comments

Sign up for email updates