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."
Cece Nunn - Jul 22, 2019
Johanna Cano - Jul 22, 2019
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