Print
Real Estate - Residential

Brunswick Home Sales Close To Last Year's Levels In May, Realtors Report

By Cece Nunn, posted Jun 24, 2019

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

  • May 2019: 638
  • May 2018: 602
  • Increase/Decrease: +6%
Units Sold          
  • May 2019: 496
  • May 2018: 504
  • Increase/Decrease: -1.6%
Average Sale Price 
  • May 2019: $282,369
  • May 2018: $278,913
  • Increase/Decrease: +1.2%
Total Sales Volume 
  • May 2019: $140,050,000
  • May 2018: $140,572,000
  • Increase/Decrease: -0.4%
Ico insights

INSIGHTS

SPONSORS' CONTENT
Jasonpathfinder3

What You Need to Know About SECURE 2.0 and Its Effect on Retirement Plans

Jason Wheeler - Pathfinder Wealth Consulting
Pfinder john zachary

What You Need to Know About SECURE 2.0 and Its Effect on Individual Retirement Accounts

John B Zachary - Pathfinder Wealth Consulting
2022052 75 142344351

Bridging Futures: The Case for Toll Funding in Wilmington’s Cape Fear Memorial Bridge Revamp

Natalie English - Wilmington Chamber of Commerce

Trending News

Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route

Emma Dill - Apr 22, 2024

Severe Weather Postpones Trump Rally In Wilmington

Emma Dill - Apr 20, 2024

Will NC Be CNBC's Three-time Top State For Business?

Audrey Elsberry - Apr 22, 2024

In The Current Issue

With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...


Taking Marine Science On The Road

“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...


Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....

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