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
Jim ellis headshot 10311631058

Questions to Ask Before Choosing a Digital Agency

Jim Ellis - Signal
Alyce 4 april242017

The Generational Divide

Alyce Phillips - Old North State Trust LLC
Img 1576c1

Are Growth Stock Valuations Underpinned by Reality?

Eddie Nowell - South Atlantic Capital Management Group

Trending News

More Retail Tenants Announced For RiverLights In Wilmington

Cece Nunn - Jul 22, 2019

Proclaim Interactive Acquires Raleigh Marketing Agency

Johanna Cano - Jul 22, 2019

In The Current Issue

Using Tech To Fight Addiction

The opioid epidemic motivated local entrepreneurs to see how they can apply technology to solve a community problem....


From Catering To Dining In

A local couple's new restaurant, Savor Southern Kitchen, is expanding of their catering company's success....


Report: Airbnb, Hotels Don't Exactly Compete

While alternative lodging offered through Airbnb is gaining in popularity – and availability – travel officials say it’s not necessarily hur...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Power Breakfast - The H Word (June 13, 2019)
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`
Health Care Heroes 2018