Print
Real Estate - Residential

Home Sales Still Hopping In Brunswick County, Statistics Show

By Cece Nunn, posted Mar 23, 2016
Home sales were hopping again in Brunswick County last month.

The number of units sold jumped nearly 26 percent compared to February 2015, according to a news release from the Brunswick County Association of Realtors. The release also pointed out that total sales volume increased by nearly 25 percent, and the number of listings in the county grew from 363 in February last year to 537 last month, an almost 48 percent rise.

The release said the huge change in listings isn't just as a result of a growth. It can also be attributed to more reportinng available from the new NC Regional MLS.

“I believe the 47.9 percent increase is a reflection of the Regional MLS enabling us to pull statistics on all sales that occurred in Brunswick County, rather than statistics limited to sales through a particular MLS,” BCAR CEO Cynthia Cumbie said.
 
The average sales price dipped slightly, dropping from $229,066 to $227,411.  Cumbie said that the average number of days on the market is around 200.
 
“These numbers show continued slow, steady and healthy growth and a trend towards being a sellers’ market,” she said in the release.
 
Brunswick County home sales stats for February
Listings Units sold Avg. sale price Total volume
2015: 363 152 $229,066 $34,818,061
2016: 537 191 $227,411 $43,440,000
47.9% 25.7% -0.7% 24.8%
Ico insights

INSIGHTS

SPONSORS' CONTENT
Gretchen roberts 2021

5 Finance Topics Every Small Business Owner Should Master

Gretchen Roberts - Red Bike Advisors
Screenshot2022 01 06at338 162234623

Food is the Foundation for Prosperous Communities

Girard Newkirk - Genesis Block
Unknown 7112393341

Why Feasibility is Paramount to Success

Holly Segur - Lead Intuitively – Corporate Coaching

Trending News

Intracoastal Angler To Grow With Two New Hampstead Stores

Emma Dill - Apr 30, 2024

Coyne Returns To Law Firm's Wilmington Office

Staff Reports - Apr 30, 2024

Wilmington-based Fishing App Wins NC IDEA Grant

Audrey Elsberry - Apr 30, 2024

Apartment Plans Move Ahead On Wooster Street

Emma Dill - Apr 29, 2024

Design-build Firm Welcomes Falvey As Director

Staff Reports - Apr 30, 2024

In The Current Issue

Funding A Food Oasis: Long-awaited Grocery Store Gains Momentum

With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...


Surf City Embarks On Park’s Construction

“Our little town, especially the mainland area, is growing by leaps and bounds. So having somewhere else besides the beach for kids to go an...


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season