Blog Layout

Coastal Home Sales Saw Price Increases in December But Fewer Closings

News Staff • January 14, 2025

Local home prices were up 4.5% versus 2023

Gulf Shores Real Estate News

The Baldwin REALTORS® trend report was released for December 2024, and Baldwin County saw growth in both closed sales and average sales prices. Countywide, property sales rose by 97 units. Resort and island-based properties in the area recorded a 4.5% increase in average sales prices, reaching $795,077. Meanwhile, traditional residential properties experienced a 6.7% rise, with average prices climbing to $425,624.

 

The Resort submarket in Baldwin County, which includes Orange Beach, Fort Morgan, and all areas in Gulf Shores south of AL-180, reported an average of 95 days on the market (DOM) in December 2024. This marks a 26.7% increase compared to the previous year. Property sales in this submarket decreased slightly, with 133 closings—three fewer than the same period in 2023. However, the number of new listings grew, rising from 173 in December 2023 to 202 in December 2024.

 

The Traditional Residential submarket in Baldwin County, which includes all areas outside the Resort market, experienced an increase in average days on market (DOM). The DOM rose from 49 days in December 2023 to 72 days in December 2024, a year-over-year increase of 23 days. Property sales in this submarket totaled 395 units, 100 more than the previous year. Additionally, new listings rose by 22.9%, with 381 properties added in December 2024.


Gulf Shores Realtor News

Residential MLS Stats by Area:

 

Central Baldwin

  • Residential Properties sold in December 2024: 176
  • Average Sales Price: $352,720
  • Average Days on Market: 78
  • Average Sales Price Change from December 2023: Increased 0.6%

 

Coastal Condos

  • Residential Properties sold in December 2024: 76
  • Average Sales Price: $708,056
  • Average Days on Market: 99
  • Average Sales Price Change from December 2023: Decreased 3.2%

 

Coastal Homes

  • Residential Properties sold in December 2024: 70
  • Average Sales Price: $862,625
  • Average Days on Market: 90
  • Average Sales Price Change from December 2023: Increased 18.8%

 

Eastern Shore

  • Residential Properties sold in December 2024: 189
  • Average Sales Price: $479,544
  • Average Days on Market: 66
  • Average Sales Price Change from December 2023: Decreased 2.1%

 

North Baldwin

  • Residential Properties sold in December 2024: 20
  • Average Sales Price: $324,483
  • Average Days on Market: 51
  • Average Sales Price Change from December 2023: Increased 13.9%


  • gulf shores news

    Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • news in gulf shores

    Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • port at zekes

    Slide title

    Write your caption here
    Button
  • Slide title

    Write your caption here
    Button
  • saunders marine gulf shores

    Slide title

    Write your caption here
    Button
  • yabbas snack shack

    Slide title

    Write your caption here
    Button
  • freedom boat club orange beach

    Slide title

    Write your caption here
    Button
  • buzzcatz coffee

    Slide title

    Write your caption here
    Button

Recent Posts

Gulf Shores Real Estate News
By News Staff April 9, 2025
Home and condominium sales along the coast are a large part of the local economy. The Baldwin County housing market showed positive trends in March 2025, with increases in home sale prices and new property listings. Baldwin REALTORS® Multiple Listing Service (MLS) reported nearly 1,200 new listings added during the month, marking a 10% rise compared to March 2024.
News in the Gulf Shores area
By Erica Thomas April 9, 2025
The city of Foley is poised to be the 16th location in Alabama with a Safe Haven Baby Box. The baby boxes allow mothers to surrender their newborns for up to 45 days, no questions asked. The devices are installed at fire stations or hospitals with donations and City funds.
Gulf Shores Police
By News Staff April 9, 2025
After an extensive investigation, which resulted from a traffic stop, Gulf Sores Police have arrested a local resident on drug trafficking charges. The suspect was was charged this week in authorities state that the investigation is still ongoing.
Show More
Share by: