Baldwin County saw a total of 1109 home sales in 2008, compared with 1312 sales in 2007. This is a drop of 15.5% in the volume of sales transactions. Average price per square foot of living space dropped by nearly 14% during the year. The time spent on the market surprisingly dropped in the 4th quarter after spiking in the 3rd quarter of the year. However, the number of sales, the average price per square foot and average sales price all saw dramatic drops during the last 3 months of 2008.
It has been a bumpy ride, but with interest rates at historic lows and the inventory of homes so high, consider getting off the fence and taking advantage of conditions to make your homebuying decision. barbarareevesrealtor.com has all the listings in Baldwin County to help you find your perfect home at a very competitive price!
|
Quarter |
Homes sold |
Average $/SF |
Average Price |
Average Days on Market |
|
Q1 |
236 |
$119.58 |
$228,003 |
120 |
|
Q2 |
319 |
$120.65 |
$243,997 |
126 |
|
Q3 |
333 |
$118.06 |
$253,984 |
137 |
|
Q4 |
221 |
$105.07 |
$220,093 |
108 |
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[...] more information on real estate in Baldwin County, including Fairhope, Daphne, and Spanish Fort as well as Mobile and West Mobile AL, contact your local realtor Barbara Reeves via email or by [...]