Properties For Sale Stats:
Daphne
- Median list price – $266,000
- Average price per square foot – $112
- Average days on the market – 147
- Percentage of homes with a price decrease – 29%
- Median House size – 2,386 square feet
Although the "Days on the Market" has decreased, both pricing and inventory levels are relatively unchanged. Market conditions in Daphne favor the buyer.
Gulf Shores
- Median list price – $399,000
- Average price per square foot – $182
- Average days on the market – 170
- Percentage of homes with a price decrease – 25%
- Median House size – 2,316 square feet
Both inventory and "Days on the Market" is falling in Gulf Shores; however. there hasn't been a big difference in pricing. Condtions in real estate for Gulf Shores still favor the buyer.
Orange Beach
- Median list price – $399,000
- Average price per square foot – $198
- Average days on the market – 185
- Percentage of homes with a price decrease – 9%
- Median House size – 2,239 square feet
With inventory in Orange Beach trending up and "Days on the Market" trending down, conditions remain the same. With the rise of homes that are for sale in relation to the number of buyers, prices could go down in Orange Beach. Market conditions favor the buyer in Orange Beach.
Please contact me if you are in the market to purchase or sell a home in Baldwin County. I’d love to work with you.
Jeff Nelson
Bellator Real Estate & Development
251-654-2523
jeff@livegulfshoreslocal.com
