Brunswick County’s residential real estate sales crossed the $1 billion mark last month, according to numbers released Tuesday.
Cynthia Walsh, CEO of the Brunswick County Association of Realtors, said in a news release that the county is on track to exceed last year's figures.
"The number of homes sold in 2019 is likely to outpace each of the past three years," she stated in the release. "The bottom line is that our market is in strong shape moving into the fourth quarter.”
The average sale price in September was $288,501, down from $291,329 in August, according to the release.
"Average sale prices have not dropped below $280,000 since February," the release stated.
The county had 488 new listings in September, the lowest number so far this year, BCAR reported. The average number of days a home stays on market is hovering around the 80-day range, while the median days-on-market is 45 days.
The number of units sold in 2019 has topped 2016 and is 843 units away from outpacing 2017. That figure is 988 units shy of the 2018 total, according to the release.
The release stated that Hurricane Florence damaging the coast in September last year resulted in much lower real estate activity, making this year's numbers for the month significantly higher.
|Year||New listings||Units sold||Average sale price||Sales volume|
Christina Haley O'Neal - Nov 15, 2019
Johanna Cano - Nov 15, 2019
Laura Moore - Nov 15, 2019
David Frederiksen - Nov 15, 2019
Cece Nunn - Nov 15, 2019
Not everyone looks forward to spending half the holiday in the kitchen on Thanksgiving Day. Fortunately, there are plenty of local options....
Grunt Tough is a software and traditional manufacturing company; products are made and distributed out of its Wilmington facility....
Some businesses are struggling to find qualified workers in a tight labor market, and the Cape Fear region is feeling the effects....