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...
Gulf Shores, Ala. — (OBA) — The City of Gulf Shores is once again rolling out the campfires and s'mores for one of its longest-running summer traditions. S'mores on the Shore is returning to Gulf Place, drawing families, residents, and out-of-town visitors to the Alabama Gulf Coast for a free evening of food, music, a
Orange Beach, Ala. — (OBA) — The Expect Excellence Music Department is bringing its classic rock tribute show, "Dream On Vol. 4," to the Orange Beach Performing Arts Center in late August. The production features musicians and singers from across the Gulf Coast. The show pays tribute to some of the most recognizable r
Foley, Ala. — (OBA) — Foley is moving forward with plans to make crossing U.S. 98 safer for students and other pedestrians. The Foley City Council approved funding for pedestrian improvements at five locations along the busy highway. The project targets intersections at Cedar Street, Oak Street, Pine Street, Chicago S
Foley, Ala. — (OBA) — Foley has opened a new campus for city departments serving its growing population. The 14-acre Foley Public Works Campus consolidates several operations in one location. The five-building facility houses the city’s Public Works, Engineering, Sanitation and Street departments. City officials, empl
Gulf Shores, Ala. — (OBA) — The Gulf Coast Chamber's Island Spirit Award committee, presented by Bluewater Exteriors, announced that Rocio Miranda-Garcia of De Soto's Seafood Kitchen is the June 2026 winner. Miranda-Garcia was honored for her outstanding service and dedication to her customers and community. The award
Foley, Ala. — (OBA) — Baldwin County has opened a free cooling center in Foley in response to dangerous heat affecting the area. The center is at St. Paul's Episcopal Church Parish Hall, 506 N. Pine St., Foley. It will be open Monday and Tuesday from 10 a.m. to 8 p.m. Pets are welcome, provided they remain under their
Orange Beach, Ala. — (OBA) — Whether you’re a local hunting for something fresh or a visitor eager to make the most of your beach holiday, you’ve come to the right place. This week’s lineup is full of adventures that make the Alabama Gulf Coast unforgettable–hands-on animal encounters, free family fun under the stars,
Gulf Shores, Ala. — (OBA) — The Gulf Shores City Council will meet to address a packed agenda of municipal resolutions, public infrastructure updates, and local tourism initiatives. The meeting's formal presentations will open with Pastor Jim Kinder of Orange Beach Church, who will deliver the invocation, followed by
Gulf Shores, Ala. — (OBA) — The Salty Kidz Rodeo is returning to Gulf State Park Pier. Organizers say they cannot wait to welcome families to the Gulf Coast. The annual event has become a beloved tradition for families in the area. This year promises an exciting day of fishing, fun, and lasting memories.
Orange Beach, Ala. — (OBA) — The Gulf of Mexico is an ecosystem defined by its resilience, having endured one of the most significant man-made environmental disasters in history: the Deepwater Horizon oil spill. Beginning on April 20, 2010, this catastrophic event released nearly 4.9 million barrels of oil into the Gul
