Baldwin County's December 2020 Housing Report
ROBERTSDALE, Ala. – The Baldwin County housing market finished 2020 with strong December statistics reported by Baldwin REALTORS® Multiple Listing Service (MLS). Though new inventory was lacking 6% compared to December 2019, both the Traditional Residential
area of Baldwin County and the Resort area still had increases in closed sales. Altogether, the county saw a total amount of $248,610,876 in closed sales – a 30.6% increase compared to $190,414,710 in December 2019.
For the third month in 2020, the Resort area of Baldwin County had an average sales price that exceeded $500,000. With a 7.5% increase from December 2019, the average sales price for this particular area of the county was $502,592. Listings spent less time on the on market at an average of 82 days compared to 102 days in December 2019. Additionally, total properties sold for this area also increased by 7.4% to 202 compared to December 2019’s 188 properties.
Baldwin County’s Traditional Residential area also saw encouraging trends in all reported categories this past month. Average sales price was a 14.9% increase in year-over-year comparison. Total properties sold for this area were 503 – exactly 100 more than December 2019’s 403 closed sales. Properties in the Traditional Residential area also spent less time on the market at an average of 62, which was 5 days less than the year prior.
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