Properties For Sale Stats:
Daphne
- Median list price – $258,000
- Average price per square foot – $111
- Average days on the market – 140
- Percentage of homes with a price decrease – 25%
- Median House size – 2,356 square feet
Daphne has just entered into a Seller's market due to the continued demand. Home buyers have been slowly stripping away Daphne's inventory for weeks. Keep an eye out for an upward trend in pricing.
Gulf Shores
- Median list price – $409,000
- Average price per square foot – $183
- Average days on the market – 163
- Percentage of homes with a price decrease – 20%
- Median House size – 2,322 square feet
Market conditions are steady. Although days on the market is falling and current inventory is tightening, demand has remained unchanged. However, sales are exceeding existing inventory. If this trend continues, we are more than likely moving into a seller's market in the near future.
Orange Beach
- Median list price – $447,795
- Average price per square foot – $192
- Average days on the market – 144
- Percentage of homes with a price decrease – 13%
- Median House size – 2,436 square feet
Single family home sales in Orange Beach have remained steady and have slowly began to exceed new inventory. Orange Beach is still in a buyer's market until more of the existing inventory is consumed.
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
