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
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
|
W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...
“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...
“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...
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.