Baldwin County home prices remain high even as sales slow
Home prices in Baldwin County continued to increase through the month of September even as sales slowed in the previously red-hot county.
During the month of September, the average price of a traditional residential property in Baldwin County was $374,946, an increase of 8.6% compared to last year, according to a new report from Baldwin Realtors. The average resort/island-based property price during the month of September was $731,374, a 29.2% increase from last year.
Yet the number of traditional residential sales in Baldwin County was 495, an 18.6% decrease from the year before. The number of resort property sales was 183, a 29.9% decrease from the prior year.
But according to Andrea Shilston, a real estate agent at Kaiser Sotheby’s in Fairhope and 2021 president of Baldwin Realtors, there’s no reason to panic: home values in Baldwin County are still high, she says, and she doesn’t anticipate prices decreasing by much or at all.
“If the market today represents what it’ll be like for the rest of my career, I’d be ecstatic,” Shilston says.