Brunswick County real estate market still on fire, Sales volume increases 84.1% in September compared to 2019
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.
Brunswick County
New Listings
September 2020: 624
September 2019: 488
Increase/Decrease: +27.9
Units Sold
September 2020: 684
September 2019: 448
Increase/Decrease: +52.7%
Average Sale Price
September 2020: $347,785
September 2019: $288,501
Increase/Decrease: +20.5%
Total Sales Volume
September 2020: $237,890,000
September 2019: $129,250,000
Increase/Decrease: +84.1%
Bladen County
New Listings
September 2020: 9
September 2019: 16
Increase/Decrease: -43.8%
Units Sold
September 2020: 15
September 2019: 9
Increase/Decrease: +66.7%
Average Sale Price
September 2020: $172,858
September 2019: $105,181
Increase/Decrease: +64.3%
Total Sales Volume
September 2020: $2,590,000
September 2019: $946,630
Increase/Decrease: +173.6%
Columbus County
New Listings
September 2020: 29
September 2019: 22
Increase/Decrease: +31.8%
Units Sold
September 2020: 25
September 2019: 16
Increase/Decrease: +56.3%
Average Sale Price
September 2020: $138,060
September 2019: $97,331
Increase/Decrease: +41.8%
Total Sales Volume
September 2020: $3,450,060
September 2019: $1,560,000
Increase/Decrease: +121.2%