Brunswick County Association of REALTORS® releases year-end statistics for 2017; Sales top $1 billion for first time since 2005

December 20, 2017

Brunswick County’s residential real estate sales totaled $1.2 billion in 2017, crossing the billion-dollar threshold for the first time since 2005, and increased 32 percent over 2016, according to the most recent statistics from the Brunswick County Association of REALTORS®.

The number of units sold in 2017 jumped 23 percent over the previous year, increasing from 3,746 to 4,613. The average sales price increased 8.5 percent, from $243,610 to $261,925.

“Brunswick County’s residential real estate market demonstrated strong, steady growth throughout 2017, with total sales volume exceeding $1 billion for the first time since the recession,” BCAR CEO Cynthia Walsh said. “We are in strong shape heading into 2018, and we anticipate continued strong, steady growth.”

With more than 1,000 properties sold, the Leland area remained the county’s biggest selling market in 2017, with sales volume totaling $266 million. Southport followed with slightly more than 500 properties sold and a total sales volume of $154 million.

Residential sales in December increased 3.8 percent compared to the December 2016, from 344 to 357. The average sales price went from $248,000 this December compared to $264,923 last year, and total sales increased from $85.16 to $94.58 million, an 11 percent jump.

Brunswick County

Units Sold

  • December 2017: 357
  • December 2016: 344
  • Increase/decrease: +3.8%

Average Sale Price

  • December 2017: $264,923
  • December 2016: $248,000
  • Increase/decrease: +6.8%

Total Sales Volume

  • December 2017: $94,580,000
  • December 2016: $85,160,000
  • Increase/decrease: +11.1%

Bladen County

  • Units Sold: 10
  • Average Sale Price: $100,490
  • Total Sales Volume: $1,000,000

Columbus County

  • Units Sold: 14
  • Average Sale Price: $107,471
  • Total Sales Volume: $1,500,000.
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