While home sales were down slightly in Brunswick County last month, the average price continued on an upward path, according to statistics released Monday by the Brunswick County Association of Realtors (BCAR).
The numbers for May 2019 are similar to last year, and total sales volume was up compared to April, the release stated.
“Brunswick County’s residential real estate market is as healthy as you can get,” stated BCAR CEO Cynthia Walsh in the release. “We didn’t see any erratic shifts in pricing, available inventory or the number of days on market. The bottom line is that the market is in strong shape as we move into summer, which is typically our peak transaction season.”
Brunswick County saw a little over $140 million in total sales volume in May this year. The number of units sold decreased 1.6%, falling from 504 in May 2018 to 496 last month. The number of new listings increased 6%, jumping from 602 to 638, and the average sales price was up 1.2% over 2018, rising from $278,913 to $282,369.
"About 20% of the county’s total sales in May happened on the county’s beach islands," the release stated. "Additionally, sale prices were higher on the islands, averaging $421,270 compared to $246,760 inland."
Brunswick County
New Listings
City Club, Event Center On The Market For $7.5 Million
Emma Dill
-
Apr 16, 2024
|
|
Wilmington Tech Company Tapped For Federal Forestry Contract
Audrey Elsberry
-
Apr 15, 2024
|
|
Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles
Staff Reports
-
Apr 16, 2024
|
|
New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs
Emma Dill
-
Apr 15, 2024
|
|
Gravette Named Executive Director Of Nir Family YMCA
Staff Reports
-
Apr 16, 2024
|
Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...
“My mission and my goal is to take my love of marine science, marine ecosystem and coastal ecosystems and bring that to students and teacher...
Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.