Search results for 'real estate' (12)

As the growth in Baldwin County businesses continues, so does the housing market. In February 2025, Baldwin County's real estate market displayed mixed trends. The total sales volume increased by 13.1%, reaching $200,130,713, up from $176,914,696 in February 2024, according to Baldwin REALTORS® Multiple Listing Service (MLS).

The Baldwin County real estate market saw a decline in sales last month, but sellers remain confident as new listings outpaced last year’s numbers. According to the Baldwin REALTORS® Multiple Listing Service (MLS), January 2025 saw 15 fewer sales than the same month in 2024. However, 26 more properties were listed for sale than the previous year.

Baldwin REALTORS® has published its year-over-year residential real estate report, comparing the Baldwin County market in 2024 to 2023. The report shows a slight slowdown in activity compared to the previous year. Despite declines in sales volume and the number of transactions, the market remains strong, with stable property values and steady listing activity.

Baldwin County has been one of the fastest growing areas in the U.S.. With the uncertainty of interest rates, rising insurance cost and a federal election on the horizon, the area has experienced a calming of the real estate market. We always consider the monthly report by the Baldwin REALTORS® as a bellwether of the current market conditions.

Over the past thirteen years, the City of Orange Beach has made substantial investments in land acquisitions, securing approximately 215.26 acres across 25 parcels. These properties, with a combined value of $57.7 million, have been designated for various uses, including community services, public facilities, and future developments. The city's total real estate holdings now amount to an impressive $1.88 billion, reflecting a strategic approach to enhancing public infrastructure and community amenities.

While the Alabama coastal region remains a good investment, there has been a "cooling" of the local real estate market this season. Prices remain high while the number of "Closed Sales" has decreased by 36% compared to the same month in 2023. Despite Baldwin County's popularity as a summertime destination for short-term rentals, residential home sales have experienced a decline over the past month.

Home prices in Baldwin County continue to rise, despite properties staying on the market longer and fewer closings. According to Baldwin REALTORS® Multiple Listing Service (MLS), May 2024 shows year-over-year trends for both Traditional Residential and Resort/Island-based markets in the county. Both markets saw increases in Average Sales Price and Days on Market, while Closed Sales decreased.

Baldwin County's real estate market showed a mix of trends in April 2024, according to the Baldwin REALTORS® Multiple Listing Service (MLS) report. While average sales prices increased in both the Traditional Residential and Resort/Island-based areas, closed sales decreased in both areas compared to April 2023.

Crye Leike Gulf Coast Real Estate & Vacation Rentals has recently acquired the assets of Gulf Shores, Alabama-based vacation rental management company Flip Flop Vacations and Real Estate. Crye Leike Gulf Coast President David Stidham related, "We are excited to announce this acquisition, as the staff at Flip Flop Vacations and Real Estate is a great addition to our team

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties. The typical home value in the United States was a record $350,091 in September, 2.1% higher than the year before. Increasing mortgage rates have slowed growth, with prices even declining in some places.

The real estate market in Baldwin County is showing signs of change, according to a recent report from Baldwin REALTORS® Multiple Listing Service (MLS). The report reveals that properties are staying on the market longer compared to last year, and there has been a decline in the number of closed sales.