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

BRUNSWICK COUNTY SHARP SPIKE IN SALES

 

 

Brunswick County sees sharp increases in homes sold, total sales volume in January

Brunswick County saw sharp increases in homes sold and total sales volume in January, according to statistics released today by the Brunswick County Association of REALTORS® (BCAR).

“While Brunswick County’s real estate market has been consistently strong over the past couple of years, I was caught off guard by January’s sharp increases in homes sold and sales volume,” said BCAR CEO Cynthia Walsh. “Prices are up, and homes are continuing to sell quickly as we move toward Spring.”

In January 2020, the market saw $99,360,000 in total sales volume, a 60.1% spike over last January’s $62,070,000. The number of units sold jumped 42.3%, from 241 to 343. Average sale prices increased 12.5% from $257,555 to $289,675, with 36% of sales in the $200,000-$299,000 price range. The number of new listings increased 1.7% from 542 to 551.The absorption rate, which is the amount of time it would take to sell the current inventory of homes, is holding steady at less than five months.

Brunswick County

New Listings

  • January 2020: 551
  • January 2019: 542
  • Increase/Decrease: +1.7%

Units Sold

           

  • January 2020: 343
  • January 2019: 241
  • Increase/Decrease: +42.3%

Average Sale Price

  • January 2020: $289,675
  • January 2019: $257,555
  • Increase/Decrease: +12.5%

Total Sales Volume

  • January 2020: $99,360,000
  • January 2019: $62,070,000
  • Increase/Decrease: +60.1%

Brunswick county's beaches are calling...

Carolina Blue is everywhere; the ocean, the sky it is all around us

Situated along the most southeastern region of NC are the white sandy shores of Brunswick County.Sapphire blue water blazing red and gold sunsets make these islands among the most beautiful areas for relocation or vacation. Famous for their ideal location, the Brunswick Islands ore located between the Myrtle Beach, SC and Wilmington, NC. close enough to larger cities so you have entertainment, restaurants or shopping, but far enough away from the city traffic and routine that allows you to sit on the porch and hear the waves crash, the dolphin frolic and watch the gulls soaring along the horizon. Brunswick County's beaches encompass more than 45 miles of sandy white beaches. Sunset Beach, Ocean Isle, Holden Beach and Oak Island each with its own distinct characteristics, but each still share in the belief of Family and Family fun.

Shorts and short sleeve weather is common in the winter months and maybe an occasional jacket or sweat shirt in the early morning or evening. Rather you are walking the beaches with the sun in your face and the wind at your back or teeing it up on one of the areas 36 courses, many of which are championship courses. Riding down the green in your golf cart gazing on the alligators and turtles along the ponds pelicans flocking in the Waterway. Designed by some of the best known architects and professional golfers; Fred couples, Arnold Palmer, Clyde Johnson and Rees Jones to name a few have left their mark in Brunswick County along with their financial support.

From "Golf Coast" to Gulf Coast, people from all walks of life come to area for the beaches, swimming, boating, fishing and just having fun in the sun. The Gulf Stream is located 30 to 45 nautical miles off shore depending on the season and welcomes a variety of fish and wildlife. Come experience Brunswick County for yourself. We did, we left the snow and cold behind and have come to Brunswick County for all it offers and for what it doesn't offer. Come on down and enjoy a little of the south.

The sun shinning on my face, warm sand beneath my feet.