Baldwin County Real Estate Update: September 2023
🏡📉 Baldwin County Real Estate Update 📊🏖️
The Baldwin County real estate market is taking its time, just like a leisurely stroll on the beach! 🌴🚶♂️
September 2023 brings some interesting stats:
📆 Average Days on Market (DOM) are up, giving homes a chance to soak in that Southern charm a bit longer. 🏠⏳
🏠 Closed Sales for Traditional Residential and Resort/Island-based properties are down, but hey, everyone deserves a siesta sometimes! 🏖️💤
🏖️ In the Resort area, prices took a little dip but are still beach-worthy, averaging $682,158. Listings are savoring the sunshine for 71 days, compared to 52 days last year. Total Closed Sales saw a dip too, down to 143 from 184 in September 2022. 🌅📉
🏡 In Traditional Residential areas, prices are up by 3.9%,now averaging $389,357. Homes are spending more time on the market,
about 48 days compared to 27 last year. New listings are down by 16, and 53 fewer properties were sold compared to last year. 🏠📈
Curious about previous months? #AskJudd
Residential MLS Stats by Area:
🏞️ Central Baldwin
– Properties sold: 173
– Avg. Sales Price: $320,399
– DOM: 48
– Price Change from 2022: -4.4%
🌊 Coastal Condos
– Properties sold: 87
– Avg. Sales Price: $677,065
– DOM: 69
– Price Change from 2022: +8.4%
🌴 Coastal Homes
– Properties sold: 132
– Avg. Sales Price: $565,976
– DOM: 63
– Price Change from 2022: -20.9%
🌅 Eastern Shore
– Properties sold: 189
– Avg. Sales Price: $442,323
– DOM: 42
– Price Change from 2022: +4.7%
🌳 North Baldwin
– Properties sold: 19
– Avg. Sales Price: $283,047
– DOM: 81
– Price Change from 2022: -5.8%
The Baldwin County real estate market might be slow, but it’s still as charming as ever!
Stay tuned for more updates. 🏠🌟
#BaldwinCountyHomes #RealEstateSlowdown #BeachLife 🌊🏡🌞