Michele Klock, Broker
PROACTIVE Real Estate 910-443-9713

BRUNSWSICK COUNTY REAL ESTATE UPDATE!! 

Brunswick County’s residential real estate market resisted the effects of COVID-19 in April. Units sold, average sales price and total sales volume all exceeded April 2019, and total sales are ahead of 2019’s record pace, which was up 8.4% from 2018.

“COVID-19 has presented tremendous challenges to all aspects of our economy, but Brunswick County’s real estate market has proved immune to its effects thus far” said Cynthia Walsh, BCAR CEO, “The fact that our market is ahead of last year’s record pace in spite of the coronavirus is a testament to everything Brunswick County has to offer. While the decrease in new listings could foreshadow a future impact, we still have a healthy inventory of active listings, and several homes sold for more than $1 million in April.”

Total sales volume jumped 20.5% in April compared to last year, rising from $110,040,000 to $132,630,000. Average sale prices rose 12.7%, from $292,651 to $329,935, while units sold increased 6.9%, from 376 to 402. The number of new listings decreased from 653 to 384, a 41.2% drop. The absorption rate, which is the amount of time it would take to sell the current inventory of homes, is 4.5 months.

 

Brunswick County

New Listings

April 2020: 384
April 2019: 653
Increase/Decrease: -41.2%

Units Sold

April 2020: 402
April 2019: 376
Increase/Decrease: +6.9%

Average Sale Price

April 2020: $329,935
April 2019: $292,651
Increase/Decrease: +12.7%

Total Sales Volume

April 2020: $132,630,000
April 2019: $110,040,000
Increase/Decrease: +20.5%  

                                                   

MONTHLY (Residential) MARKET STATISTICS

   
       

 

April 2020 MARKET DATA

     

 

 

 

 

Brunswick County

April 2020

April 2019

% Change

 

# New Listings

               384

                658

 -41.6%

 

# Sold     

               400 

                376 

  6.4%

 

Average Sales Price

           330,154

            292,038

  13.5% 

 

       

 

Holden Beach

April 2020

April 2019

% Change

 

# New Listings   

               15

                24

 -37.5%

 

# Sold   

               15

                 10

 50.0% 

 

Average Sales Price

            483,840 

             553,900 

 -12.65%

 

               

 

OUR PRODUCTIVITY:

4/30/2020

PROACTIVE    25,020,918

Re/Max             11,070,050

C-21                  10,506,573  

Coldwell             7,922,139

Coastal             10,811,468

 

We have 32 Under Contract w/volume of  9,901,549 /  93 Closed since 1/1/2020  

184 Active w/volume of 56,789,998

                                                                             New Listing in OYSTER HARBOUR, A Waterfront Community

                                                                             2016 BLUEFIN TERRACE  

  OYSTER HARBOUR  is a throw-back to the old days, when coastal living represented rest,

relaxation and good old-fashioned fun.  OYSTER HARBOURat Holden Beach is an

 waterfront paradise where beauty and tranquility await your

coastal lifestyle destination!                                                      

Exquisite home overlooking beautiful fountain pond located in the private WATERFRONT COMMUNITY of Oyster Harbour. This well maintained home boasts 3 bedrooms & 3 1/2 baths. Updated in 2012 new garage and additional living space for potential media room, bonus room or private in-law suite with a full bath upstairs. Large laundry room/work area on main floor. This well thought out floor plan offers open living, kitchen, & dining area with 3 seasons room over looking the lush landscaping. Expansive decking for outdoor living with outside shower. New painting inside and outside are some of the many features. Oyster Harbour offers boat launch, day dock, clubhouse, pool, fitness area, tennis courts, bocci ball and new kayak area. Located just minutes to Holden Beach, Wilmington, NC and Myrtle Beach, SC
 
 

 




                

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Michele Klock, Broker

In today's competitive market, you need a passionate, local advisor that can help you navigate the home buying and selling process. As a valued client, you'll receive:

• Expertise on neighborhoods and the local markets
• Innovative strategies to market and sell your home
• Additional insights into listings that are not accessible online
• A proven negotiator who will be with you every step of the way
• A trusted and knowledgeable partner through closing and beyond

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