According to the Baldwin Realtors, July condominium sales decreased 15.8% year-over-year (Y/Y) from 114 to 96 closed transactions. Contrary to seasonal trends, sales decreased 29.4% from June. Sales are up 23.5% year-to-date. Two more resources to review: Quarterly Report and Annual Report.
Inventory: July listings (1,059) decreased 1.9% from June and decreased 16.0% from one year ago. At the current sales pace, all the active inventory on the market would sell in 11.0 months, up from 7.9 in June and down from 11.1 months in July 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 July was $571,500, a decrease of 25.8% from one year ago and an increase of 12.7% from June. 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 July averaged 119 days on the market (DOM), 46 days slower than one year ago.
Forecast: July sales were 14 units, or 12.9%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 110 sales for the month, while actual sales were 96 units. ACRE forecasted a total of 740 condo sales year-to-date while there were 819 actual sales through July, a difference of 10.7%.
The Baldwin County Condominium Monthly Report is developed in conjunction with the Baldwin Realtors to better serve Gulf Coast consumers.
