The Hot Streak Continues
The number of homes sold in Brunswick County skyrocketed in April, and the average days on the market reached a record low.
Brunswick County’s residential real estate market continued its record-breaking numbers in April, with substantial jumps in both units sold and new listings compared to last year.
Additionally, more than half of the homes sold were at or above their listing price, and the average number of days on the market hit an all-time low of just 50 days.
“Our market’s hot streak continued in April,” Brunswick County Association of Realtors CEO Cynthia Walsh says. “Prices are up, homes are selling at a record pace, and sellers are receiving nearly all of their asking price. I see absolutely no signs of a cooldown as we move into summer.”
Brunswick County saw $228,350,000 in total sales in April 2021, a 72.2% spike over last April’s $132,630,000. The number of units sold jumped 54.7%, from 402 to 622. The average sales price increased 11.3%, from $329,935 to $367,127. 154 homes sold for over the listing price, and 190 sold at listing price, which accounts for more than 50% of all April sales. The number of pending listings is up 70% compared to April 2020 including one home in Brunswick county pending for $6.2 million and 43 for over $1 million.
Brunswick County Association of Realtors® (BCAR) is the local association level of the largest trade association in the nation.
For more information, visit bcarnc.com.