Print
Real Estate - Residential

Brunswick County Home Sales Sprint Through The Gate

By Cece Nunn, posted Feb 16, 2021
A report by Brunswick County Association of Realtors shows rapid growth in home sales in Brunswick County. (Screenshot of report)

Brunswick County’s residential real estate sales shattered records in 2020 and continued their rapid upward trajectory in January, according to a recent report.

Total sales volume spiked 63% last month compared to January 2020, higher than any single-month sales total seen in 2019, according to data from the Brunswick County Association of Realtors.

“Our market obliterated all previous sales records last year, and our hot streak is continuing in 2021,” said BCAR CEO Cynthia Walsh in a news release. “In January, we saw sharp increases in both homes sold and total sales volume, which nearly reached $164 million.”

That's an increase in sales volume from $100 million in January 2020.

“All signs point to continued strong sales activity as we move toward spring,” Walsh said.

The number of units sold in January jumped 34%, from 346 to 465. The median sales price increased 20% last month, from $241,250 in January 2020 to $289,000. 

Average sale prices increased 21.6%, from $289,867 to $352,452. 

The average sales price increase was due in part to a number of luxury sales: two homes for more than $2 million, six for $1 million or greater, and 67 homes in the $500,000 to $1 million price range, the report stated.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Dallas headshot 300x300

Poor Planning, Big Problems: The Tale Of Tom Poor

Dallas Romanowski - Cornerstone Business Advisors
Drewsmith copiersplus headshot

How To Handle Insurance For Office Equipment

Drew Smith - Copiers Plus
Burrus rob headshot 300x300

Developing Global Competencies For Today’s Business Students

Robert Burrus - Cameron School of Business - UNC-Wilmington

Trending News

Brunswick County Association Of Realtors Names Officers, Directors

Christina Haley O'Neal - Feb 23, 2021

New Ownership Dawns For Sunroom Firm

Cece Nunn - Feb 22, 2021

Roundtable Focuses On Downtown Redevelopment Project

Cece Nunn - Feb 22, 2021

Travel Through ILM Off To Slow Start In January; More Boston Details Shared

Christina Haley O'Neal - Feb 23, 2021

Kelly Kenoyer To Join WHQR

Christina Haley O'Neal - Feb 23, 2021

In The Current Issue

Watercraft Handcrafted In Wilmington

Cape Fear Catamarans on U.S. 421 customizes, designs and builds aluminum boats....


Info Junkie: Ray Pastore

Ray Pastore, associate professor and Esports program coordinator for the University of North Carolina Wilmington, shares his tech and info p...


During Pandemic, State Parks Fill Up

People, parks and a pandemic made a strong combination for North Carolina state parks last year, with a record number of visi­tors taking ad...

Book On Business

The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100