According to the Baldwin County Association of REALTORS MLS, April residential sales in Baldwin County totaling 491 units reached levels not experienced since 2005 and were 30.6 percent ahead of the same period a year ago. For some perspective, Baldwin County’s best April on record for sales was 2004 when 574 transactions were closed. Year-to-date sales through April are up 16.2 percent from 2014.
Forecast: April results were 52 units or 11.8 percent above our monthly forecast. ACRE’s year-to-date sales forecast through April projected 1,506 closed transactions while the actual sales were 1,630 units, a cumulative variance of 8.2 percent.