Sales prices were up in both traditional residential real estate and resort/island based real estate for October 2020 compared to 2019. Average days on market were considerable lower, and there were more sales as compared to this time last year.
The Alabama Center for Real Estate (ACRE) reports that demand is up 29% from last October, but inventory is down 43%! For detailed info: https://www.acre.culverhouse.ua.edu/research/reports/al-residential-research
What does that mean for you? We’re sounding like a broken record, but this indicates that it is still a good time to sell real property in Baldwin County! For buyers, as has been the case for awhile, be prepared to act quickly if you find the home of your dreams!
EXIT Realty Gulf Shores has associates that are educated and committed to helping you with all of your real estate needs! We’re a full service brokerage, serving all of Baldwin County. We have agents who specialize in north Baldwin: Bay Minette, Stockton; the Eastern Shore: Spanish Fort, Daphne, Fairhope; Central Baldwin: Loxley, Robertsdale, Silverhill; west Baldwin: Elberta, Lillian, Perdido Beach; and south Baldwin: Foley, Gulf Shores, Fort Morgan, Orange Beach.
Give us a call 251-974-1288 and we’ll match you with the right agent!
EXIT Realty Gulf Shores….your local Baldwin County Realtors®