Aligned with recent trends, the Baldwin County housing market experienced a slower pace this July than a year prior. Baldwin REALTORS® Multiple Listing Service (MLS) reports a year-over-year increase in Average Days on Market (DOM) and an overall decrease in Average Sales Price for Baldwin County in July 2023.

In the Resort area of Baldwin County (all of Orange Beach, Fort Morgan, and anything in Gulf Shores south of Canal Rd/180), average sales price saw a 4.2% decrease from July 2022, resulting in an average of $699,289. Listings spent significantly more time on the on market at an average of 127 days, compared to just 27 days the previous year. An increase was reported in Total Closed Sales as 182 properties sold in July 2023, compared to 155 in July 2022.

In Baldwin County’s Traditional Residential area (all other residential property in Baldwin County not located in the Resort area), average sales price experienced a 1.7% decrease from July 2022 at $391,093. Properties stayed on market longer with an average of 52 days, which is 30 more days than the average a year ago. Additionally, Total Closed Sales reported a loss of 97 properties at just 426 properties sold.

For previous months’ housing reports, click here.

Residential MLS Stats by Area:

Central Baldwin

· Residential Properties sold in July 2023: 180

· Average Sales Price: $322,141

· Average Days on Market: 61

· Average Sales Price Change from July 2022: Increased 4.8%

Coastal Condos

· Residential Properties sold in July 2023: 110

· Average Sales Price: $650,147

· Average Days on Market: 52

· Average Sales Price Change from July 2022: Decreased 0.5%

Coastal Homes

· Residential Properties sold in July 2023: 122

· Average Sales Price: $650,206

· Average Days on Market: 56

· Average Sales Price Change from July 2022: Increased 1.0%

Eastern Shore

· Residential Properties sold in July 2023: 180

· Average Sales Price: $450,909

· Average Days on Market: 45

· Average Sales Price Change from July 2022: Decreased 6.1%

North Baldwin

· Residential Properties sold in July 2023: 18

· Average Sales Price: $257,211

· Average Days on Market: 54

· Average Sales Price Change from July 2022: Decreased 7.1%

About Baldwin REALTORS®

Baldwin REALTORS® is the source for real estate in Southern Alabama. We provide resources, education and tools to over 3,000 professionals across the region. We work to protect the interests of property owners, and our members serve buyers and sellers as REAL Advocates, Advisors, and Experts. Realtors agree to abide by a strict code of ethics and are held to a high ethical standard by their peers through their association membership. The term Realtor is a federally registered trademark owned by the National Association of REALTORS® and denotes membership in the Nonprofit Association.