Brunswick County real estate market still on fire, Sales volume increases 84.1% in September compared to 2019

October 14, 2020

Brunswick County’s residential real estate market remained red-hot in September, with sharp increases in units sold, average sale price and total sales volume compared to last year. The market remains ahead of last year’s record pace, with nearly $1,500,000,000 in total sales through September.

“I feel like I am starting to sound like a broken record, but I’ll say it again: our market is on fire,” said BCAR CEO Cynthia Walsh. “Our sales figures continue to be nothing short of amazing, and we’re on track to surpass the total sales from 2009, 2010 and 2011 combined by the end of the year.

Brunswick County saw $237,890,000 in total sales in September 2020, an 84% spike over last September’s $129,250,000. The number of units sold jumped 52.7%, from 448 to 684. The average sale price increased 20.5%, from $288,501 to $347,785. September’s largest sale was a $2.2 million transaction on Bald Head Island.

Total YTD sales increased 41.1% in 2020, from $1,049,850,000 to 1,481,293,000. New listings increased by 4.5%, while the average sales price jumped 14.1%, from $282,272 to $322,130 and the units sold increased from 3,693 to 4,502, a 21.9% increase.