Is the Brunswick County Real Estate Market on 🔥 in 2020?
You betcha! 💪
“While Brunswick County’s real estate market has been consistently strong over the past couple of years, I was caught off guard by January’s sharp increases in homes sold and sales volume,” said BCAR CEO Cynthia Walsh. “Prices are up, and homes are continuing to sell quickly as we move toward Spring.”
Uh...yea! To the tune of a 60.1% spike in sales volume and 42.3% jump in units sold.
The average sales price 12.5% from $257,555 to $289,675. 🤩🤩🤩
Watch the Brunswick County January 2020 Market Stats...
Attention Buyers: If these trends continue as predicted the longer you wait the more you will pay for a home in Brunswick County. Purchase a home now while interest rates remain at near a historic low. Check rates by clicking here. If you contact Brian be sure to tell him Jess sent ya :). Ask him about his FHA and USDA programs with as little as 3% down. Oh and here are 3 great reasons to get pre-approved today.
Attention Sellers: If you watched the video you probably know by now it is a FABULOUS time to sell your home.
Especially if your home is priced under $200,000. There is a lack of inventory in Brunswick County in this price range.
Remember this "cutie pie 🥧"? She had showing requests within an hour of it hitting the market and offers on the first day. Bananas! 🍌🍌
If you follow my 3Ps (Price. Presentation. Promotion) then you will probably sell within the first week on market with multiple offers.
Here are a few other interesting stats for Brunswick County homes sales in January 2020.
The Averages for Brunswick County in January 2020:
Square Feet: 1,850
Price per Square Foot: $157.58
Days on Market 93
Original List Price: $305,129
Listing Price: $298,541
Sold Price: $289,675
The absorption rate, the length of time it would take to sell the current inventory of homes, is less than five months. Not too shabby, hey?
That's all for now! If you'd like to stay informed on the Brunswick County real estate market be sure to subscribe to this blog. I look forward to what February 2020 has in store.
Til next time,
Jess Wainwright 🌺
P.S. If you are curious about how a specific neighborhood, city, or island is performing ask me in the comments, subscribe, or better yet text me (910-518-JESS (5377), and I'll send you a free, no obligation, market snapshot. 😉 I pinky promise I won't stalk you.