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2017 Non-Deductible Portion of Dues

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BCAR Election Results
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2017 RPAC Disclaimer & Refund Policy

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Brunswick County Association of REALTORS® releases real estate statistics for April 2017

 

Brunswick County’s residential real estate demonstrated continued strength through April, according to statistics released by the Brunswick County Association of REALTORS®.

“Brunswick County’s real estate market continues to trend in all the right directions,” said BCAR CEO Cynthia Walsh. “The number of units sold, average sales price and total sales volume all rose, while new listings are down. The market is hot in Brunswick County as a whole, and the hottest areas are Leland, Southport, Oak Island and Carolina Shores.”

Brunswick County’s absorption rate, which measures how long it would take to sell all inventory if sales continue at the current pace, continues to hover in the seven-month range and is down 20% from the same time last year. According to Walsh, this means that the market is seeing more sales and fewer listings.

“Brunswick County’s real estate market is hot, and we only expect it to get hotter as we move into summer,” Walsh added. “Buyers and sellers would be well-served to engage a professional REALTOR® to help them navigate this competitive marketplace.”

 

Brunswick County

Listings

  • April 2017: 530
  • April 2016: 567
  • Increase/decrease: +-6.5%

Units Sold

  • April 2017: 346
  • April 2016: 306
  • Increase/decrease: +13.1%


Average Sale Price

  • April 2017: $263,274
  • April 2016: $247,721
  • Increase/decrease: +6.3%

Total Sales Volume

  • April 2017: $91,090,000
  • April 2016: $75,800,000
  • Increase/decrease: +20.2%

 

Bladen County

Listings

  • April 2017: 15
  • April 2016: 16
  • Increase/decrease: +-6.3%

Units Sold

  • April 2017: 9
  • April 2016: 4
  • Increase/decrease: +125.0%

Average Sale Price

  • April 2017: $153,167
  • April 2016: $63,750
  • Increase/decrease: +140.3%

Total Sales Volume

  • April 2017: $1,380,000
  • April 2016: $255,000
  • Increase/decrease: +441.2%

 

Columbus County

Listings

  • April 2017: 27
  • April 2016: 32
  • Increase/decrease: -15.6%

Units Sold

  • April 2017: 15
  • April 2016: 11
  • Increase/decrease: +36.4%

Average Sale Price

  • April 2017: $76,831
  • April 2016: $132,118
  • Increase/decrease: -41.8%

Total Sales Volume

  • April 2017: $1,150,000
  • April 2016: $1,450,000
  • Increase/decrease: -20.7%

 

Brunswick County Association of REALTORS® releases real estate statistics for March 2017

SHALLOTTE, N.C. – Brunswick County’s residential real estate market continues to surge as we enter the second quarter of 2017, according to statistics released by the Brunswick County Association of REALTORS®.

“Brunswick County’s residential real estate market is officially hot as we move into summer,” said BCAR CEO Cynthia Walsh. “The number of listings, units sold and average sale price all increased in March compared to a year ago, while the average number of days on market continues to hold steady and the absorption rate continues to drop. Additionally, total sales volume rose by an astounding 51% in March compared to last year. This was our best first quarter in over five years, and all indicators point to an increasingly hot market as we move into summer.”

Brunswick County saw increased sales in all prices ranges in March 2017:

  • Six homes sold in excess of $1 million
  • 29% increase in sales of homes between $500,000 and $950,000
  • 266.7% increase in sales of homes between $450,000 and $499,999
  • 175% increase in sales of homes between $350,000 and $399,000
  • 70% increase in sales of homes between $200,000 and $250,000.

According to Walsh, Brunswick County is selling 29% more homes at an 8% higher average price through the first quarter of 2017 compared to the same period last year, resulting in 40% more in total sales than 2016.

 

First Quarter Totals – Brunswick County Only

 

Average Number of Listings Per Month

  • 1Q 2017: 607
  • 1Q 2016: 510
  • Change: +19.0%

 Total Listings

  • 1Q 2017: 1822
  • 1Q 2016: 1531

 Average Units Sold

  • 1Q 2017: 292
  • 1Q 2016: 226
  • Change: +29.2%

 Total Units Sold

  • 1Q 2017: 875
  • 1Q 2016: 677

 Average Sale Price

  • 1Q 2017: $250,024
  • 1Q 2016: $229,721
  • Change: +8.8%

 Total Sales Volume

  • 1Q 2017:  $218,950,876
  • 1Q 2016: $155,970,000
  • Change: +40.4%

 

March 2017 Totals


Brunswick County

 

Listings

  • March 2017: 683
  • March 2016: 556
  • Increase/decrease: +22.8%

Units Sold

  • March 2017: 397
  • March 2016: 281
  • Increase/decrease: +41.3%

Average Sale Price

  • March 2017: $251,543
  • March 2016: $234,463
  • Increase/decrease: +7.3%

Total Sales Volume

  • March 2017: $99,860,000
  • March 2016: $65,880,000
  • Increase/decrease: +51.6%

 

Bladen County

Listings

  • March 2017: 16
  • March 2016: 9
  • Increase/decrease: +77.8%

 Units Sold

  • March 2017: 9
  • March 2016: 7
  • Increase/decrease: +28.6%

 Average Sale Price

  • March 2017: $58,044
  • March 2016: $61,371
  • Increase/decrease: -5.4%

 Total Sales Volume

  • March 2017: $522,400
  • March 2016: $429,600
  • Increase/decrease: +21.6%

 

Columbus County

Listings

  • March 2017: 34
  • March 2016: 38
  • Increase/decrease: -10.5%

Units Sold

  • March 2017: 17
  • March 2016: 13
  • Increase/decrease: +30.8%

 Average Sale Price

  • March 2017: $94,315
  • March 2016: $84,019
  • Increase/decrease: +12.3%

 Total Sales Volume

  • March 2017: $1,600,000
  • March 2016: $1,092,250
  • Increase/decrease: +46.5%.

Brunswick County Association of REALTORS® hosts elected leaders at annual legislative breakfast

SHALLOTTE, N.C. – Congressman David Rouzer was the featured speaker at the Brunswick County Association of REALTORS®’ annual legislative breakfast in Supply on Friday, Feb. 24. State Representatives Frank Iler, a Republican, and Deb Butler, a Democrat, also addressed the bipartisan group of attendees, as did Brunswick County Board of Commissioners Chairman Frank Williams. County Commissioners Marty Cooke and Mike Forte, Board of Education member Charlie Miller, Holden Beach Mayor Alan Holden and Dosher Hospital Trustee Joe Agovino were also in attendance.

“Brunswick County is one of the fastest-growing counties in America, and real estate is one of our key economic drivers,” said Ben Styers, BCAR 2017 President. “Our association is the advocate for more than 850 hard-working professionals of all political stripes who are the backbone of Brunswick County’s real estate industry. We appreciate our elected leaders taking the time to attend our event, engage with our members and discuss issues critical to home ownership and property rights.”

Brunswick County Association of REALTORS® releases real estate statistics for February 2017; Listings, sales and average sales price up, days on market down

SHALLOTTE, N.C. – Brunswick County’s residential real estate market continues to demonstrate strength, according to statistics released by the Brunswick County Association of REALTORS®.

“Brunswick County’s residential real estate market continues to show growth and strength in all the right places,” said BCAR CEO Cynthia Walsh. “New listings and units sold both increased, and the average sales price for February reached a two-year high.  The average number of days on market continues to decrease and is now at 117 days, meaning sellers should be prepared to sell their home in four months or less. Identifying the right price point is a key factor in determining how quickly a home sells. Motivated sellers would be wise to utilize a REALTOR®, not just someone who has a real estate license, to guide them through the process and help them choose the best price point for their home.”

Three bedroom homes selling for $150,000-$199,999 were the largest sellers in February, with 32 total sales, and three bedroom homes selling for $200,000-$249,999 were second with 22 units sold.  The absorption rate notched up slightly from January, climbing to 7.25 months from 6.9 months. According to Walsh, this is likely due to a surge of new listings in January and February.  The absorption rate means that if sales continue at their current pace, and no new listings are added to the market, it would take 7.25 months to sell all inventory.

“Spring is just around the corner, it will be exciting to see how this market continues to bloom!” Walsh concluded.

Brunswick County

Listings

  • February 2017: 582
  • February 2016: 544
  • Increase/decrease: +7.0%

Units Sold

  • February 2017: 236
  • February 2016: 208
  • Increase/decrease: +13.5%

Average Sale Price

  • February 2017: $258,791
  • February 2016: $230,221
  • Increase/decrease: +12.4%

Total Sales Volume

  • February 2017: $61,074,000
  • February 2016: $47,890,000
  • Increase/decrease: +27.5%

Bladen County

Listings

  • February 2017: 18
  • February 2016: 11
  • Increase/decrease: +63.6%

Units Sold

  • February 2017: 5
  • February 2016: 6
  • Increase/decrease: -16.7%

Average Sale Price

  • February 2017: $106,956
  • February 2016: $83,000
  • Increase/decrease: +28.9%

Total Sales Volume

  • February 2017: $535,000
  • February 2016: $498,000
  • Increase/decrease: +7.4%

Columbus County

Listings

  • February 2017: 23
  • February 2016: 25
  • Increase/decrease: -8.0%

Units Sold

  • February 2017:  8
  • February 2016: 16
  • Increase/decrease: -50.0%

Average Sale Price

  • February 2017: $56,825
  • February 2016: $128,291
  • Increase/decrease: -55.7%

Total Sales Volume

  • February 2017: $455,000
  • February 2016: $2,050,000
  • Increase/decrease: -77.8%.

 

BCAR Contributes to "Adopt-a-REALTOR®" campaign to assist members adversely impacted by Hurricane Matthew

NC REALTORS® recently announced a campaign, dubbed “Adopt a REALTOR®,” to help REALTOR® members who were adversely impacted by Hurricane Matthew. This program, which is administered through Homes4NC, is seeking donations from private donors, members, corporations and associations/boards to assist eligible members with their state and national dues. 
 
The Brunswick County Association of REALTORS® board of directors unanimously voted to make a $3000 donation to the fund.  In addition, the board unanimously voted to pay the state and national dues of any primary member of BCAR who is also a member of the Lumberton Council.  This donation paid for 17 BCAR member’ state and national dues and will assist many others who were impacted.   
 
“Our association’s members are committed to the communities in which they live and work,” said Ben Styers, 2017 BCAR President. “Hurricane Mathew negatively impacted many who live in the areas served by our association, and we are glad to be able to help our members whose lives were touched by the storm.”
 
The Brunswick County Association of REALTORS® works with Habitat for Humanity, Brunswick Family Assistance and other groups on a variety of community service projects. All members are encouraged to participate and demonstrate that REALTORS® Care.  Please be on the lookout for upcoming announcements about these opportunities.   
 
If you or your office are interested in making a donation, please visit this website.  All donations are tax deductible under the IRS 501c(3) guidelines.  If you know someone who was impacted and may be eligible for assistance, go to this website.


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