Our #realestate market is hot.
The problem … low inventory of homes to sell.
3.8.2022 Baldwin Realtors
“2022 #BaldwinCounty real estate continues to one-up the previous year’s fast-paced seller’s market. Baldwin REALTORS® Multiple Listing Service (MLS) reports February year-over-year increases in properties sold and average sales price, with even less days on market (DOM), in both the Resort and Traditional Residential areas of Baldwin County. Total sales volume for the county increased by 32.5% from $243,075,366 in February 2021 to $322,146,476 this past month.
The only area of reporting that is lacking in comparison to 2021 is new inventory in the real estate market. Unfortunately, low inventory is not only a local trend for Baldwin County but is being reported as a national issue by economists.”
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Contact me to discuss your thoughts & goals regarding buying or selling your home : 251.709.4331
Amy Cuny, Broker, ARK Real Estate
Full article:
https://www.baldwinrealtors.com/index.php?src=news&submenu=MarketStatistics&srctype=detail&category=Market%20Statistics&refno=369
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