If you are fortunate enough to be on Terryl Reeves' CRM blasts, you are able to gather a lot of information about Baldwin County real estate statistics and Baldwin County municipality and county development approvals. Good reads for sure. Did you know that data comes directly from your Baldwin Realtor portal and it is updated frequently by BR? Of course, Terryl's blasts are meant for his Sphere of Influence, who do not have access to the BR portal like you do.

Focusing on the Baldwin Real Estate Statistics that are updated monthly by BR, they are super-summarized and provide general information about trends and comparative periods of transactions. For example, The Baldwin County's 2024 Year-over-Year Housing Report (LINK) shows the following statistics:

Alrighty then. Comparing 2024 to 2023, it looks like a lot of sales throughout the county, small decrease in transactions, steady prices, and a 17% uptick in days on the market. Mixing North Baldwin prices with the Coast and Eastern Shore transactions with the beach, lands us in a Baldwin-wide hodgepodge. This is great information from a bird's eye view, but not necessarily if you are focusing on one specific geographic area.

Fortunately, Baldwin Realtors creates separate individual area data for us in 5 categories:  Coastal Condos, Central Baldwin Homes, Coastal Homes, Eastern Shore, and North Baldwin. However, the areas (as far as I can find) are not tabulated into a period-over-period comparison so you can drill down to find specific trends in each area.

I took a little time to break down each area here comparing 2022 – 2024, and used statistics from 2021 for the 2022 performance.

If you are gathering statistics for condos, you won't see a 7.4% decrease in transactions between 2023 and 2024 like the Baldwin average. You will see a 19.9% decrease! Oh, and by the way, if you are working the Eastern Shore, over the same period, you will see a, wait for it… 5.1% increase! North Baldwin joins the Eastern Shore with a 4.3% increase.

Buried within the Baldwin 2.2% increase in Sales Volume (2023 to 2024) is a 6.9% increase for Coastal Homes and a paltry 0.8% increase for Central Baldwin. 

Throughout Baldwin there was a 16.9% increase in days on the market. What area do you think had the highest increase in days on the market? You guessed it…Coastal Condo DOM increased 35.3%. As a matter of fact, since 2022, Coastal Condo DOM has increased 262% (from 35 DOM in 2022 to 92 DOM in 2024). North Baldwin had the lowest increase in DOM of only 10%.

Which region had the most transactions in 2024? The Eastern Shore runs away with it with 2,272 residential sale transactions in 2024. That is more than the Coastal Condos (993) and Coastal Homes (995) combined. But wait, did you know that in 2023 Coastal Condos and Homes killed the Eastern Shore by a score of 2,475 – 2,162? Ouch - that means the Coastal properties in 2024 went from 2,475 to only 1,988; a whopping 19.7% decrease – a 487 unit reduction.

Feeling a similar pain, Central Baldwin went from 2,996 home sales in 2022 to only 1,966 in 2024 – A 34% decrease over the 2 year period! But during the same period, Central Baldwin average sales price increased 19% and days on market have remained fairly steady in the three years – 61, 56, 62.

We can play with statistics all we wish. If you are an Eastern Shore professional speaking to Eastern Shore buyers and sellers, it is probably better to find the Eastern Shore statistics in the BR portal when providing useful data. Same when listing a North Baldwin Home. I would not use the $493,753 Baldwin average sales price for 2024. Perhaps the $292,879 North Baldwin average is more useful. Alternatively, as you know, the neighborhood comps beat any bird's eye view.

Feel free to use the statistics in the pdf document if you would like to provide Baldwin regional statistics to your sphere.