Print
Real Estate - Residential

Brunswick County Home Sales Jumped 48 Percent In April, MLS Shows

By Cece Nunn, posted May 29, 2015
Home sales continue to rise at a rapid pace in Brunswick County, according to April statistics released Friday by the Brunswick County Association of Realtors. 

The number of units sold in the county jumped 48 percent over April 2014, according to a news release from the association, which bases its information on Brunswick County Multiple Listing Service data. At the same time, prices dipped about 2 percent.

Meanwhile, the number of single-family homes sold in the larger region of Brunswick, Bladen and Columbus counties experienced nearly the same rate of growth in April - an increase of 47.8 percent over April 2014, the association's news release said. 

"These numbers reinforce the fact that the real estate market in Brunswick, Columbus and Bladen counties is trending in the right direction," said Cynthia Cumbie, interim CEO of the BCAR, in the release.

Cumbie also noted that the total sales volume for Brunswick alone rose 44.7 percent last month compared to April last year, the number of lots sold increased more than 25 percent and the number of distressed lot sales dropped by more than 77 percent. 

"Those are positive signs, which point to a strong real estate market in the month and years to come," Cumbie said.
 
Brunswick County data for April from BCAR
Units sold 2015: 253 2014: 171 48%
Listings 496 448 -9.7%
Average sale price $250,943 $245,431 -2.2%
Total sales volume $62,093,980 $42,911,232 44.7%
Average sale price of lots $63,471 $55,187 15%
Ico insights

INSIGHTS

SPONSORS' CONTENT
Jimheadshot

The Wilmington Construction Market: Trends, Recognition, and Challenges

Jim Hundley - Thomas Construction Group
Web awstaffpic2020 1 132245438

The 2024 Luncheon for Literacy featuring Special Guest Jason Mott

Alesha Edison Westbrook - Cape Fear Literacy Council
Jane

It’s Child’s Play

Jane Morrow - Smart Start of New Hanover County

Trending News

Passenger Rail Study Picks Eastern Route

Emma Dill - May 3, 2024

Entrepreneur Brings Young Tech Startup From Triangle To Wilmington

Audrey Elsberry - May 3, 2024

Biden To Announce National $3B Lead Pipe Replacement Project In Wilmington Visit

Audrey Elsberry - May 2, 2024

The Husk, YoSake Sell In Downtown Wilmington

Jessica Maurer - May 3, 2024

UPDATE: Biden Shares Details On National Lead Pipe Funding At Wilmington Talk

Audrey Elsberry - May 2, 2024

In The Current Issue

CEA Technology Winner: UNCW Grad Hooks Catchy Idea

Landon Hill's Local Catch app looks to streamline communication between stakeholders in the local fishing and seafood industry....


CEA Retail & Hospitality Winner: Marketing Mead To The Masses

As Southeastern North Carolina’s only commercial mead maker, Retro Meadery has given many local customers their first taste of mead – a ferm...


Leland Eyes Commercial Growth

As Leland’s residential development booms, town leaders are taking steps to ensure that land zoned for commercial development meets its full...

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