REAL Charts: Gulf Coast condo inventory falls in February
Topics: Residential Real Estate
Markets: Baldwin County - All, Baldwin County - Condo Only
Baldwin County condo inventory was on the decline in February.
As indicated in the chart above, inventory stood at 755 units during the month of February, down 16.4 percent from 903 units during February 2016.
Click here to read the Alabama Center for Real Estate's full Baldwin County Condo Report
Inventory peaked during February 2011 at 1,348 units. The February 2017 tally represents a new low for inventory in Baldwin County.
Pricing did increase during February by 18 percent to $289,100, compared to $245,000 a year ago.
Click here to read ACRE's Baldwin County condo article at Alabama Newscenter