Brunswick County real estate sales increase 86% in July compared to 2019, highest single-month sales total on record

Brunswick County’s residential real estate market saw an 86% increase in sales volume last month compared to July 2019. The July 2020 total was the highest single-month sales volume on record, according to the Brunswick County Association of REALTORS®.

“Last month I had to do a double-take to make sure I was reading the numbers correctly,” said BCAR CEO Cynthia Walsh. “This month I had to do a triple-take. While we can expect to see some impact from Hurricane Isaias in next month’s numbers, overall our market continues to be on fire.”

Brunswick County saw $243,350,000 in total home sales in July 2020, an 86% spike over last July’s $130,800,000. The number of units sold jumped 57.5%, from 457 to 720. Home sales were spread throughout Brunswick County, with 174 sales in the Leland market and 206 on barrier islands. The average sale price increased 18.1%, from $286,204 to $337,993. Fifteen homes sold for more than $1,000,000 and 93 sales were between $500,000 and $999,999.

Brunswick County

New Listings

● July 2020: 726
● July 2019: 547
● Increase/Decrease: +32.7

Units Sold

● July 2020: 720
● July 2019: 457
● Increase/Decrease: +57.5%

Average Sale Price

● July 2020: $337,993
● July 2019: $286,204
● Increase/Decrease: +18.1%

Total Sales Volume

● July 2020: $243,350,000
● July 2019: $130,800,000
● Increase/Decrease: +86%

Bladen County

New Listings

● July 2020: 17
● July 2019: 20
● Increase/Decrease: -15%

Units Sold

● July 2020: 17
● July 2019: 15
● Increase/Decrease: +13.3%

Average Sale Price

● July 2020: $136,112
● July 2019: $163,918
● Increase/Decrease: -17%

Total Sales Volume

● July 2020: $2,310,000
● July 2019: $2,460,000
● Increase/Decrease: -6.1%

Columbus County

New Listings

● July 2020: 23
● July 2019: 34
● Increase/Decrease: -32.4%

Units Sold

● July 2020: 24
● July 2019: 19
● Increase/Decrease: +26.3%

Average Sale Price

● July 2020: $233,833
● July 2019: $136,889
● Increase/Decrease: +70.8%

Total Sales Volume

● July 2020: $5,610,000
● July 2019: $2,600,000
● Increase/Decrease: +115.8%