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YTD Alabama Gulf Coast Real Estate in Baldwin County Alabama

Posted in: Market Reports
YTD Gulf Coast condo sales up 8.4% compared to 2011: Reduction in Inventory hits milestone.  Year-to-date, condo sales in the Alabama Gulf Coast real estate market in Baldwin County experienced an 8.4 percent increase from the same period last year.  Gulf Coast condo sales have now risen 60.6 percent from the market sales tough set in August 2008.

Supply: Real estate Baldwin County condo inventory totaled 911 units, a decrease of 19.8 percent from August 2011 and 2.0 percent when compared to the prior month.  Historical data indicates that August inventory on average (’07-’11) decreases from the month of July by 3.6%. Condo inventory in August peaked in 2007 at 2,900 units. The inventory is now down 66% from peak.

Parker CO

Lucinda Briggs
Re/Max By The Bay

Office
251-621-2588
Fax
 
251-625-3325
Cell/Text
 
251-423-7127

lucinda@lucindabriggs.com


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