According to the Baldwin Realtors, April condominium sales increased 43.1% year-over-year (Y/Y) from 109 to 156 closed transactions. Contrary to seasonal trends, sales increased 28.9% from March. Sales are up 33.7% year-to-date. Two more resources to review: Quarterly Report and Annual Report.
Inventory: April listings (1,146) increased 2.3% from March and decreased 13.4% from one year ago. At the current sales pace, all the active inventory on the market would sell in 7.3 months, down from 9.3 in March and down from 12.1 months in April 2025. The equilibrium point where buyers and sellers have roughly equal bargaining power is 6 months of supply.
Pricing: The Baldwin County condo median sales price in April was $505,000, an increase of 13.5% from one year ago and an increase of 7.7% from March. The differing sample size (number of residential sales of comparative months) can contribute to statistical volatility, including pricing. ACRE recommends consulting with a local real estate professional to discuss pricing, as it will vary from neighborhood to neighborhood.
Condos sold in April averaged 110 days on the market (DOM), 22 days faster than one year ago.
Forecast: April sales were 37 units, or 31.2%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 119 sales for the month, while actual sales were 156 units. ACRE forecasted a total of 379 condo sales year-to-date while there were 440 actual sales through April, a difference of 16.0%.
The Baldwin County Condominium Monthly Report is developed in conjunction with the Baldwin Realtors to better serve Gulf Coast consumers.
