Posts in category 'Market Updates'
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Baldwin County May 2022 developments report
New construction is booming in order to meet the demands of the more than 230,000 residents that now call Baldwin County home. Each month Baldwin REALTORS® creates a report from local government meetings to highlight what new developments are in the works in Baldwin County. Below is a brief list of the plans addressed in May 2022.
Fairhope
- The Fairhope City Council gave final approval for the site plan and multiple occupancy project planned for 412 Fairhope Avenue. A new 2-story building is planned with retail space on the ground floor and two residential units on the top floor.
- The Fairhope Planning Commission voted to recommend a denial for the 136-unit townhome apartment...
16
April 2022 Alabama Gulf Coast real estate stats
Alabama's Gulf Coast contains several real estate markets depending on location and price point – just to name a few factors. The graphic below shows real estate statistics for April 2022, the latest month available.
Vital Signs provides a visual representation of what's happening in several local markets by showing you supply. The colored-coded numbers represent the absorption rate, the number of months it would take to sell every home on the market in a particular price range if no others were added. If the market is moving quickly, the absorption rate will fall below six months of supply, and if it's more of a buyer's market, it will jump above six months of supply....
2
Bellator Real Estate & Development ranks on RISMedia's 2022 Power Broker Report
Bellator Real Estate & Development is honored to be included on RISMedia's 2022 Power Broker Report, ranking as the top real estate brokerage along Alabama's Gulf Coast and the No.4 brokerage in Alabama.
RISMedia's 34th Annual Power Broker Report ranks the Top 1,000 brokerages across the United States by the 2021 residential sales volume reported by each company. In 2021, Bellator Real Estate & Development closed $853,715,168 in residential sales volume, ranking No. 488 on the Power Broker Report.
"As the report shows, our area, like many around the county, experienced a historic year in real estate, and we are thankful to have b...
18
March 2022 Alabama Gulf Coast real estate stats
Alabama's Gulf Coast contains several real estate markets depending on location and price point – just to name a few factors. The graphic below shows real estate statistics for March 2022, the latest month available.
Vital Signs provides a visual representation of what's happening in several local markets by showing you supply. The colored-coded numbers represent the absorption rate, the number of months it would take to sell every home on the market in a particular price range if no others were added. If the market is moving quickly, the absorption rate will fall below six months of supply, and if it's more of a buyer's market, it will jump above six months of suppl...
4
Baldwin County March 2022 developments report
New construction is booming in order to meet the demands of the more than 230,000 residents that now call Baldwin County home. Each month Baldwin REALTORS® creates a report from local government meetings to highlight what new developments are in the works in Baldwin County. Below is a brief list of the plans addressed in March 2022.
Fairhope
- In an effort to reduce the number of smaller historic structures being torn down, the Fairhope City Council voted to approve amendments to the accessory structure rule to allow an accessory structure of no more than 5 feet taller than the principal structure (from its tallest roof peak) to be built with a maximum of 30 feet...
