2nd Feb, 2015

Mobile Jobs Drive Booming Baldwin County Homes Market

Mobile Jobs Drive Booming Baldwin County Homes Market

Baldwin County homes are in demand.  The largest County east of the Mississippi River and in the state of Alabama, scenic Baldwin County borders the Gulf of Mexico, Mobile Bay, and Perdido Bay.  Interstate 10 passes through Baldwin County, allowing access to an interesting collection of historic small towns and communities, wide-open farmland, and the surrounding recreation and waters.

CNN Money Magazine once targeted Baldwin County real estate as “the South’s next Boomtown and a magnet for megaprojects.”  Tourism, light industry, and agriculture create vibrancy in Baldwin County.  Proximity to jobs in Mobile is also infusing the area with financial stability.

Baldwin County Homes Market at a Glance

Set on the Eastern Shore of Mobile Bay minutes from Mobile, Alabama, Baldwin County is reaping the benefits as described 7 years ago.  Home sales in the Eastern Shore are booming.  In January 2015, over 15 percent of the listings were in contract.  Over the past 6 months about 1600 closings reveal that most of the sold properties fell in the $100,000-$200,000 range.

The median list price for homes in the Baldwin County real estate market is approximately $250,000 with the median sold price about $180,000.  This reflects the high number of luxury properties that are also selling.  These fall into the $900,000-$1 million range.  With all the new developments in the area, there are still about 7 months of inventory available in the Baldwin County homes market.

Mobile Economy Drives Eastern Shore Home Sales

Mobile’s growing population is being driven by many economic factors.  Major financial contributors include medicine and research, retail trade, aerospace, construction and manufacturing.  The Port of Mobile facilitates the distribution of all types of parts and products come out of the flourishing industries in Mobile.  They include engines, aircraft, wood pulp and paper, chemicals, paint, aluminum, cement, pumps, rayon fibers and ship-related items. Ship building, technology, and aerospace are big.

Here are several important accolades:

  • Ranked #7 by Southern Business & Development for Best Places Locating Companies in mid-markets
  • Forbes.com pointed out the leading role of Australian ship builder, Austal in Mobile
  • Mobile Area Chamber of Commerce was recognized as one of the top economic development groups
  • Mobile ranked #1 Hot Cities For Entrepreneurs by Entrepreneur.com
  • Listed as one of America’s Hottest Cities by Expansion Magazine
  • New Thyssen Krupp steel processing facility ranked #2 by Southern Business & Development – on the Top 100 Projects for Jobs

Buying and Selling Baldwin County Homes on the Eastern Shore

For information about Daphne and Fairhope homes and other properties in Baldwin County, Alabama, please contact Lucinda Briggs of RE/MAX by the Bay at (251) 423-7127.

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