Feb 2020 Market Trends

ROBERTSDALE, Ala. – As the total number of properties sold in February 2020 for both Resort Area and Traditional Residential properties increased, the market saw an increase in sales price as well. Baldwin REALTORS® Multiple Listing Service (MLS) reports February’s median sales price for Resort Area increased to $367,875, compared to $358,750 in 2019. Additionally, February’s median sales price for Traditional Residential increased to $225,900, compared to $205,000 in 2019. 

For Resort Area, a total of 160 properties sold last month, compared to 154 in February 2019. Listings moved off the market at nearly the same pace in February 2020, spending an average of 99 days in active status compared to 94 days in February 2019.

 For Traditional…

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