Baldwin County-based Bellator Real Estate and Development – recently recognized by REAL Trends Nation’s Best Brokerages as among the best independent firms in the state – announced this week that Daphne-based Beckham Partners Real Estate Group hit nearly 27 million in sales volume in 2020, once again earning the title of top producing firm in the company. The office was also top producer overall in 2019.
“Although 2020 was a tumultuous year, we feel fortunate that the real estate market continued improving,” office broker Michelle Beckham said. “We have enjoyed helping sellers price, market and sell plus helping buyers price, market and negotiate the market.”
Beckham Partners Real Estate services residential buyers and sellers in the markets of Fairhope, Daphne, Spanish Fort, Foley, Gulf Shores, Orange Beach, Loxley, Bay Minette, and Mobile.
One of the smaller staffed offices within the company, The Beckham Partners is operated by Michelle Beckham, Angelina Needham, Jennifer Doyle, Mike Hamm. The location was also Bellator’s top overall producer in 2019.
“2020 saw home buyers taking advantage of fantastic rates and prices. Home sellers saw tremendous results in Mobile and Baldwin counties, as a true seller’s market emerged last year,” Michelle Beckham said. “We were lucky to be in a sought-after area, through an unpredictable year. Rates are still still very low, and Alabama’s Gulf Coast is still a sought-after destination”
The Beckham Partners Team also provides marketing, tech and industry expertise through the operation of an extensive online real estate network that includes page one real estate placements on Google, Bing, and Yahoo for Baldwin County, Daphne, Fairhope, Spanish Fort, Foley, Gulf Shores, Orange Beach, and Loxley in Baldwin County, as well as Mobile.
More information about the Beckham partners office can be found at: http://www.BeckhamPartners.com
Baldwin real estate remains strong at Covid-19’s one-year mark
With the pandemic marking it’s one year anniversary last month, 2021 continues to prove to be a fast-paced seller’s market year for real estate. Baldwin Realtors Multiple Listing Service (MLS) reported year-over-year increases last month in the categories of: properties sold, average sales price and new listings for both the Resort and Traditional Residential areas of Baldwin County.
Total sales volume for the county nearly doubled (44.4 percent increase), increasing from $165,108,215 in February 2020 to $238,453,533 February 2021.
For Traditional Residential properties in Baldwin, a total of 444 units sold last month, compared to 356 in February 2020.
Average sales price increased from last year by 11 percent with an average of $295,998 for properties in the area.
Average Days on Market (DOM) for Baldwin County also remain below the national average, reporting in at 56 DOM last month.
The Resort sector saw significant positive trends last month as well.
In total, 211 properties in February 2021, compared to 165 last year – a 27.9 percent increase.
Finally, average sales price in Baldwin County hovered above $500K ($507,252), while average DOM plummeted 40.2 percent from last year, at 58 days versus 97 in February 2020.
Here is a breakdown of the residential MLS statistics by area:
- Residential Properties sold in February 2021: 221
- Average Sales Price: $214,437
- Average Days on Market: 76
- Average Sales Price Change from February 2020: Increased 20.4 percent
- Residential Properties sold in February 2021: 136
- Average Sales Price: $442,473
- Average Days on Market: 51
- Average Sales Price Change from February 2020: Increased 6.3 percent
- Residential Properties sold in February 2021: 117
- Average Sales Price: $534,979
- Average Days on Market: 66
- Average Sales Price Change from February 2020: Increased 31.1 percent
- Residential Properties sold in February 2021: 209
- Average Sales Price: $354,284
- Average Days on Market: 68
- Average Sales Price Change from February 2020: Increased 13.2 percent
- Residential Properties sold in February 2021: 24
- Average Sales Price: $195,796
- Average Days on Market: 42
- Average Sales Price Change from February 2020: Increased 35.1 percent
Business Moves, Transactions
The Mobile Area Chamber of Commerce announced several large projects in the area recently.
Chart Industries plans to expand operations at a former Worthington Industries site acquired in October 2020. The Theodore-based plant produces cryogenic and hydrogen trailers serving the industrial gas industry.
According to information provided by the Mobile Chamber, Chart will invest $2.5 million on new product line enhancements, which will include construction of a new building and the purchase of new equipment. The company also projects adding 94 jobs with the upgrades as well as retaining over 40 positions from the acquisition of Worthington Industries.
Coca-Cola Bottling Company United plans to invest $48 million to optimize its distribution operations, expand its current warehouse footprint and install a new system in the upgraded structure. The expansion will also add around 15 more jobs for a Mobile-based, 118 year-old company that employs over 300 people in the area.
Finally, locally-owned Myer Marine Services will add 36,000 square feet to its manufacturing space in West Mobile as well as pick up several more adjacent buildings and properties, according to a news release pushed out this past Wednesday by the Mobile Area Chamber of Commerce.
Included in the purchase will be a new 12,000 square-foot space that will be set aside as the new headquarters for the firm’s sales, admin and engineering divisions. To date the company employs over 120 workers locally.
Malbis Plantation, Inc. recently sold 3 acres of vacant land on Hwy. 90 in Daphne to SCI, a national funeral, cremation and cemetery service provider. The sales price was $700,000. Andrew Dickman with Stirling Properties handled the transaction. Stirling Properties is working with Malbis Plantation, Inc., the board of directors representing the shareholders of Malbis Plantation, to identify tracts of property for future lease and development opportunities to bring the historical property back into commerce. Stirling Properties also serves as the Asset & Property Manager of the site, handling day-to-day operations.
Blue Sky Specialty Pharmacy is leasing about 1,742 square feet of retail space in an ideal commercial development called Malbis Shoppes Phase II in the sought-after Historic Malbis community, located at 29640 AL-181 in Daphne. Blue Sky Specialty Pharmacy will be relocating from its current Daphne location and is striving to be open by June of this year. Amanda Goldman, Advisor with Stirling Properties, handled the transaction.
Piggly Wiggly is leasing the former 43,619-square-foot former Winn Dixie store space in Town West shopping center located at 5661 Moffett Road in Mobile. Nathan Handmacher, Senior Advisor with Stirling Properties, represented the tenant in the transaction. Amber Dedeaux with Vallas Realty represented the landlord. Piggly Wiggly plans to open later this year.