April 13, 2021 - Brunswick County Association of Realtors
Brunswick County's residential real estate market saw its strongest sales this year in March, with sales volume nearly doubling and units sold up by half compared to March of 2020. Additionally, March's sales volume outpaced every other month in the past five years except for June and July of 2020.
"I feel like I'm running out of descriptive words and adjectives to describe the continuously red-hot real estate market we are experiencing." said BCAR CEO Cynthia Walsh. "Prices are up, sales figures are off the chart, and available inventory and the absorption rate are amazingly low. Our total sales in the first quarter were higher than ALL of 2008, 2009, 2010, 2011 and just slightly lower than 2012. These numbers are astounding, and we see no indications of a slowdown as we move into summer."
Brunswick County saw $236,960,000 in total sales in March 2021, an 85.4% spike over last March's $127,800,000. The number of units sold jumped 50.6%, from 431 to 649. The average sales price increased 23.1%, from $296,515 to $365,121. Twenty homes sold for more than $1 million last month, more than 100 homes sold for between $500,000 and $999,999, and there are two pending sales over $3 million and two over $2 million. Current active listings are at an all-time low of 629, and the absorption rate is 1.5 months.
Brunswick County
New Listings
March 2021: 692
March 2020: 622
Increase/Decrease: +11.3%
Units Sold
March 2021: 649
March 2020: 431
Increase/Decrease: +50.6%
Average Sale Price
March2021: $365,121
March2020: $296,515Increase/Decrease: +23.1%
Total Sales Volume
March 2021: $236,960,000
March 2020: $127,800,000
Increase/Decrease: +85.4%
Bladen County
New Listings
March 2021: 18
March 2020: 15
Increase/Decrease: +20%
Units Sold
March 2021: 9
March 2020: 12
Increase/Decrease: -25%
Average Sale Price
March 2021: $206,589
March 2020: $173,919
Increase/Decrease: +18.8 %
Total Sales Volume
March 2021: $1,860,000
March 2020: $2,090,000
Increase/Decrease: -11%
Columbus County
New Listings
March 2021: 34
March 2020: 40
Increase/Decrease: -15%
Units Sold
March 2021: 24
March 2020: 17
Increase/Decrease: +41.2%
Average Sale Price
March 2021: $139,729
March 2020: $132,379
Increase/Decrease: +5.6 %
Total Sales Volume
March 2021: $3,350,000
March 2020: $2,250,000
Increase/Decrease: +48.9%
Source: BCAR website www.bcarnc.com (page view https://bit.ly/3t0jciB)
Whether you've just found your dream home or your current home needs a bit of a refresh, a new piece of artwork can go a long way! If you're in the area exploring Southport homes for sale, we suggest stopping by one (or more!) of the nearby art galleries for some inspiration. Our real estate agents often enjoy exploring local galleries on their days off. Here are a few of their favorites. Check them out — you won't be disappointed!
Now that you're settling into the special home you chose from Southport homes for sale, you're probably thinking about how to make your home stand out.
There are so many ways you can make your property a show stopper: tree and shrub removal or cutting back; building up raised beds; restoring sidewalks; repairing or installing an irrigation system; or rebuilding hardscapes such as garden walls, garden bed paver edges, or a pond. You may have to hire a crew to take care of these major jobs, but in the meantime, you can make the rounds at local garden stores and find inspiration for your overall garden scheme.
Here are some hot trends for 2021.
Adventure is never far away in Brunswick County, North Carolina. From our many islands and beaches to incredible local restaurants, our real estate agents wouldn't change a thing about life on the Carolina coast! Here's what you can expect when you visit these charming beachfront communities.
Southport
Spring is in the air in the Southport area, and you know what that means! It's time to shake off the dust and doldrums of winter, and get into some serious spring cleaning. Our real estate agents look forward to this all year!
We understand not everybody gets as excited about spring cleaning as we do, which is why our team is happy to share their expertise. Check out these tips and tricks to make your home spotless this spring!
One Room at a Time
Trying to clean your entire home can feel overwhelming, so it's important to start out in the right mindset to make it more manageable. First and foremost, break it down and tackle one room at a time. Second, you don't have to do it all in a day. If you want, you can spend the next several weekends cleaning a single room each day until the whole house sparkles.
Clear the Clutter