Too many opinions along with too excuses to delay, so I prefer to stick to the facts. Looking at Brunswick County residential real estate market stats for 2019, the total sales volume was up 8.4% than year before. The Association of Realtors for the county reports that avg sales price and the number of units sold were all higher than the year before. The county has surpassed $1 billion in total sales for the third straight year. Looking at our local market the average days on market in 2019 was 85 days and houses are selling for approximately 96% of their listed value. The first month figures for the first month of 2020 have been released, Brunswick County saw a sharp increase in homes sold, and total sales volume. The market had a 60.1% spike in total sales volume over last January. The number of units sold jumped 42.3%, and average sale prices increased 12.5% from $257,555 to $289,675. The absorption rate, which is the amount of time it would take to sell the current inventory of homes, is holding steady at less than five months. For our local city of Southport market, those numbers are even better for Sellers and our current inventory is LOW, LOW, LOW. New home buyers have been arriving in a steady stream to our beautiful coastal area, especially with these low rates, looking for that perfect home to relocate to. So when is the best time to list your home? NOW!
Mary's Gone Coastal 