In its latest report, the Brunswick County Association of Realtors (BCAR) reported that the county's residential real estate market saw increases in new listings and homes sold in April, while prices decreased.
"The decrease in prices can be attributed to fewer luxury sales compared to April 2024," according to a news release issued Thursday.
Brunswick Realtors noted the same trends in March.
“Our market continued to outpace itself in April, with the largest new listing surge in 2025 and the largest number of new listings in one month in over a decade,” stated Cynthia Walsh, CEO of the BCAR, in the release. “Now, you could worry that we might be gaining more listings that we can sell, but when you consider other factors like days on market and the absorption rate, it’s clear Brunswick County’s market is stable and competitive.”
New listings increased 18% compared to last April, rising from 747 to 882, according to the report. The number of homes sold increased 3.4%, from 529 to 547, while the total sales volume decreased 9.6%, from $268,497,854 to $242,855,771.
The report, compiled from the Hive Multiple Listing Service, showed a decrease of 12.5% in the average sales price, from $507,557 to $443,978, and the median sales price decreased 9.4% from $392,000 to $355,000.
"Brunswick County’s luxury market recorded 23 sales over $1 million in April 2025, down slightly from the 36 sales over $1 million recorded in April 2024," the release stated. "The largest sale was a $4.1 million sale in Ocean Isle Beach."
According to the release, the absorption rate, which is the amount of time it would take to sell off all the current inventory, is 4.6 months.
The average year-to-date sales price decreased 3.8%, from $484,026 to $465,497, while the median sales price decreased 3.6%, from $377,238 to $363,535. But the number of units sold through April is up 4.6% compared to last year, the release stated.