Baldwin County's May 2020 housing report
Baldwin Realtors • June 9, 2020
Numbers are down from May of 2019 but up slightly from April
(OBA®) – ROBERTSDALE, Ala. – Across almost every area of reporting, Baldwin County listing prices showed signs of decline last month.
Baldwin Realtors® Multiple Listing Service (MLS) reports a 0.5 percent decrease in average sales price for the traditional residential market last month, compared to May 2019, and a 6 percent year-over-year decrease in average sales price for the Resort/Island-based market.
Additionally, after breaking down the areas of our county even further, only Coastal Condos and Northern Baldwin County saw an increase in average sales price from the previous month. With these dips in pricing and ongoing great interest rates, it makes one question if Baldwin County is entering into a new era of a buyers’ market.
While many of Baldwin County’s beach rental companies have fully recovered from the lag in business during the statewide shutdown, the resort/island-based housing market is slower to catch back up. In comparing May 2020 to May 2019, both average sales price and total number of closed sales saw significant decreases, and the average days on market increased.
However, when comparing May 2020 to April 2020, glimmers of improvement can be found. The average sales price between April 2020 and last month still decreased, but only by 0.6 percent.
Average days on market reduced from 101 in April to 85 last month –15.8 percent less time on the market. And the total number of properties sold increased by 10.8 percent from 120 in April to 133 this past month. Baldwin County’s Traditional Residential housing market for last month also falls short when compared to 2019’s May.
Along with the average sales price decreasing half a percent, the total number of properties sold decreased by 15.4 percent compared to May 2019. On the flip side, average days on market reported well in comparison to both the previous year and the previous month at just 64 days for May 2020. When comparing last month to April 2020, average sales price has decreased by 5.4 percent but total number of closed sales increased by 5.7 percent.
Residential MLS Stats by Area:
Central Baldwin
- Residential Properties sold in May 2020: 203
- Average Sales Price: $171,817
- Average Days on Market: 83
- Average Days on Market Change from May 2019: Decreased 13.5 percent
Coastal Condos
- Residential Properties sold in May 2020: 82
- Average Sales Price: $407,917
- Average Days on Market: 63
- Average Days on Market Change from May 2019: Decreased 18.2 percent
Coastal Homes
- Residential Properties sold in May 2020: 75
- Average Sales Price: $397,967
- Average Days on Market: 104
- Average Days on Market Change from May 2019: Increased 14.3 percent
Eastern Shore
- Residential Properties sold in May 2020: 217
- Average Sales Price: $304,330
- Average Days on Market: 76
- Average Days on Market Change from May 2019: Decreased 2.6 percent
North Baldwin
- Residential Properties sold in May 2020: 19
- Average Sales Price: $185,188
- Average Days on Market: 34
- Average Days on Market Change from May 2019: Decreased 29.2 percent
Share this article w/ Friends...
Foley, Ala. — (OBA) — Foley residents and business owners may soon notice some significant changes along Miflin Road, a key stretch for local commerce and daily travel. City officials are planning improvements that aim to smooth traffic, highlight safety, and give the area a fresh look. The project is designed to make
Gulf Shores, Ala. — (OBA) — The Gulf Shores Police are inviting residents to enjoy a morning of conversation and coffee with local officers. The event, Coffee with a Cop, gives community members the chance to meet police officers in a casual and friendly setting. Participants can use the time to ask questions, discuss
Orange Beach, Ala. — (OBA) — As the Gulf Coast transitions into the fall season, the week ahead offers a full slate of activities that reflect the region’s diverse blend of community spirit, live entertainment, and coastal culture. From trivia nights and music bingo to outdoor concerts, family-friendly attractions...
Orange Beach, Ala. – (OBA) – In a move that started in 2022 with a zoning change from single-family to planned unit development is starting to take effect along the beachfront in Orange Beach. A change in zoning from single-family allowed Turquoise Place to build a four-story parking garage directly east of the towers
Gulf Shores, Ala. — (OBA) — Gulf State Park will welcome families and nature lovers to its annual Turtle Fest this month. The popular educational event returns to the Gulf State Park Fishing Pier in Gulf Shores. Visitors can learn about sea turtle conservation through interactive exhibits and activities. Multiple local
Magnolia Springs, Ala. — (OBA) — The annual Magnolia Run will return to Magnolia Springs in November. The popular community race takes runners through some of Baldwin County's most beautiful scenery. This year's event will raise money for a local group that helps homeless people. Race organizers expect hundreds of...
Foley, Ala. — (OBA) — Got it — The Foley City Council has adopted a $71.9 million General Fund budget for the 2026 fiscal year, taking a cautious approach to spending while continuing to prepare for rapid growth. City officials say the plan will help meet demand for services while maintaining financial reserves well...
Orange Beach, Ala. — (OBA) — A routine fishing trip turned into the catch of a lifetime for a Birmingham angler. Robert Fritze set a new Alabama state record when he landed a massive 550.3-pound swordfish. The fish broke the previous record of 448 pounds caught by Del Sawyer aboard the Sea Reaper with Captain Randy "Go
Orange Beach, Ala. — (OBA) — The Makos Academics, Arts & Athletics Club held its biggest fundraising event of the year in August. The community organization brought together local families and businesses for an evening of food and entertainment. More than $50,000 was raised in one night to help Orange Beach students. T
Foley, Ala. — (OBA) — The South Baldwin Chamber Foundation is bringing back its popular Golf FORE! Education Tournament for the fifth year. The annual event raises money to support local schools and student programs across Baldwin County. King & King Attorneys at Law is serving as this year’s presenting sponsor...
