Brunswick County, NC Update

By
Real Estate Broker/Owner with Sunset Beach and Beyond Realty

BRUNSWICK COUNTY, NC UPDATE

 

BCAR Update
November 18, 2015


Brunswick County Association of REALTORS® releases October 2015 statistics

SUPPLY, N.C. – Brunswick County’s residential real estate market continued to move in a positive direction in October, showing a considerable increase in sales and average prices in 2015 compared to the previous year according to statistics released today by the Brunswick County Association of REALTORS®.
 
“October was another great month for residential sales,” said Cynthia Cumbie, CEO of the Brunswick County Association of REALTORS®. “Units sold continue to outpace last year, and the average sales price continues to trend upward.”
 
Total sales jumped 20 percent between October 2014 and 2015 from $52.9 million to $63.5 million.
 
The number of units sold rose 16 percent, going from 222 in October 2014 to 258 this past October, according to the association’s report. The average sales price rose 3.4 percent, going from $238,274 to $246,294. The number of listings in October dropped slightly, from 355 last year to 352.
 
Brunswick County’s lot sales saw a bit of a surge between October 2014 and 2015, with nearly 3 percent more lots sold and an almost 22 percent increase in sales prices.
 
Cumbie said the market’s upward trend is a good sign that Brunswick may soon be a “seller’s market,” with less than 10 months’ worth of inventory now for sale, compared to 16 months in October 2012.
 
Brunswick County

Single Family Sales -- Listings

  • October 2014:  355
  • October 2015:  352
  • Change:   -0.8%

Single Family Sales -- Units Sold

  • October 2014:  222
  • October 2015:  258
  • Change:  16.2%

Single Family Sales -- Average Sale Price

  • October 2014:  $238,274
  • October 2015:  $246,294
  • Change:  7.9%

Single Family Sales -- Total Sales Volume

  • October 2014:  $52,896,896
  • October 2015:  $63,543,930
  • Change:  20.1%

Lot Sales -- Units Sold

  • October 2014:  68
  • October 2015:  70
  • Change:  2.9%

Lot Sales -- Average Sale Price

  • October 2014:  $67,864
  • October 2015:  $82,645
  • Change:  21.8%

These numbers reflect sales within the Brunswick County MLS. Some sales in Brunswick County are included in a neighboring MLS and may not be reflected in this analysis.
 

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Comments (6)

David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Karen,
“Total sales jumped 20 percent.” Now that is what I’m talking about. Keep the good news coming.

Nov 19, 2015 02:50 AM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Karen, allways enjoy viewing information on  other locations...tks for sharing.

Nov 19, 2015 02:50 AM
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...

Thanks David Gibson   Love the jump in sales!

Nov 19, 2015 02:52 AM
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...

Hi Ronald DiLalla   Thanks for stopping by!!  Best of Luck in your year end sales in Cali ....

Nov 19, 2015 02:53 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I was looking for your current posts. I hope all is going well for you.

Have an outstanding summer.

Jul 25, 2020 06:44 AM

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