Print
Real Estate - Residential

In Brunswick County, Home Sales Dip, Pending Sales Rise In May

By Staff Reports, posted Jun 27, 2025
Brunswick County’s residential real estate in May showed continued growth in new listings, a dip in homes sold and prices holding steady compared to last year, Realtors said this week.

The total sales volume decreased slightly compared to May 2024, but "pending sales reached their highest level in nearly a year, an indicator of consistent demand," according to a report by the Brunswick County Association of Realtors, based on data from the Hive Multiple Listing Service.

New listings increased 23.2% compared to last May, rising from 704 to 867, the report stated. Of the 867 new listings, over 300 were new construction and 67 were marked pending, going under contract immediately, according to the report.

"While national numbers show a real estate slowdown, Brunswick County continues to defy that trend,” stated Cynthia Walsh, CEO of BCAR, in the release. “Our market remained active and competitive in May, with a significant uptick in new listings and pending sales holding strong. Inventory is steady, homes are still moving, and buyers remain engaged. All indicators point to a strong, balanced market as we move into summer.”

The number of homes sold in May decreased 4.8% compared to May 2024, from 564 to 537, while total sales volume fell 4.3%, from $274 million to $262 million, the report stated.

The average sales price increased slightly, from $486,971 to $488,773, and the median sales price increased from $380,000 to $390,000, according to the report.

Brunswick County’s luxury market sparkled, with 35 sales over $1 million in May 2025, including a $3.5 million sale in Sunset Beach, a $2.49 million sale on Bald Head Island and a $2.25 million sale in Southport.

According to the report, the market's absorption rate, which measures the amount of time it would take to sell off the county's current inventory of homes, remains stable at around four months, the report stated. Days on market continue to hover between 75 and 90, according to the report.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Headshot 6272430314

Write Your Own Succession Script

Amy Sullivan - Lumina Business Solutions, LLC
Gretchen roberts 2021

From Contracts to Offshoring: 7 Powerful Gross Margin Growth Levers

Gretchen Roberts - Red Bike Advisors
Untitleddesign14 2142522346

Wilmington MSA Buyers Gain Leverage as Home Prices Dip and Inventory Grows

Janet Kane - Cape Fear REALTORS

Trending News

Dan Winslow Resigns As Endowment President, CEO

Emma Dill - Jul 14, 2025

TD Bank Promotes Johnson To Retail Market President Of Mid-South Metro

Staff Reports - Jul 15, 2025

Tree Alliance Announces New Board Members

Staff Reports - Jul 15, 2025

Ullucci Named Founding Director Of Physical Therapy Doctoral Program

Staff Reports - Jul 15, 2025

Leland-based Firm's Product Earns Innovation Award

Staff Reports - Jul 15, 2025

In The Current Issue

Unraveling A Film Industry Slump

The slowdown has affected the number of projects being shot in the area, and more attractive incentives offered by other countries have also...


Shop’s Owners Share Spooky Tales

Kim and John Hirchak, founders and owners of The Black Cat Shoppe, launched the first formal 90-minute ghost walk in 1999....


Small Business Spotlight: Business Offers Layers Of Local Hospitality

Jordan Giovannucci opened Canary Yellow, a business with boutique hotel, retail and coffee components, this year....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season