You’ve heard it before and you’re hearing it again but this time with pictures.
It’s time to sell your home. I know you’ve been told this time and time again but it’s true. Baldwin County is experiencing something they haven’t dealt with in years: unusually low supply with continuously high demand.
According to the Alabama Center for Real Estate, demand is up 25% and supply is down 38%, meanwhile sales price is up almost 15%. These numbers are basically screaming a sale of your home.
If that’s not enough data for you, here’s some more.
Below is the supply this past August in Baldwin County year-after-year. This gives context to the supply over the years. As you can see, it’s the lowest it’s been in 15 years. This alone would be enough to want to sell but that’s not all.
Median sales are up significantly from last August. Baldwin County was in a rut where prices were going up almost everywhere else while Baldwin was stagnant. But now, it’s catching up.
If that isn’t enough, take a look at total sales closed. A massive jump from the last three years mixed with the high demand and price, it’s the definition of a seller’s market currently.
Selling your home can be stressful but rewarding. You need an agent that understands how Baldwin County real estate works and how to get the best deal for you and your family. Ashurst Niemeyer has been working in Baldwin County real estate for over 40 years and we know what it takes to get the job done right. Contact us today to learn about our agents and services to make sure we’re the best fit for you. We’re here to help. Why? It’s just what neighbors do.