Date Archives: March 2022

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March
28

Managing your home improvement projects can feel like a full-time job. Here's how to make it a little easier.

Oftentimes, home renovation projects start out fun and then quickly become overwhelming. Managing a DIY home renovation yourself is a great way to save money and become more invested in your home... but it's a lot of work!

Our real estate agents are here to help. We've had a lot of experience when it comes to keeping renovations on track, and we've learned that, with the right tips, managing your home renovation project can be a lot easier than you might think.

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March
28

The local sights are one of the biggest draws for why people move to a certain place. Here are some of the great things you can expect from Southport.

For those new to the Southport area, congratulations! Not only do you have your new home from Southport homes for sale to enjoy, but you've also got myriad attractions nearby. The area is a gateway to wonders, with beaches, a maritime town, fishing, golfing, kayaking, and exciting historical and cultural attractions. Whether you're outdoorsy or more of a shopping/dining aficionado, you can find something that will call to you at Southport.

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March
18

Same Story, Different Month

SHALLOTTE, N.C. — Brunswick County Association of Realtors

Brunswick County's residential real estate market continued a familiar pattern in February, with higher prices, fewer new listings and low inventory. Thanks to the increase in average sale prices, total sales volume jumped 6.5% despite a 17.3% drop in homes sold.

"When it comes to our real estate market's performance in February, it's 'same story, different month,'" said BCAR CEO Cynthia Walsh. "We continue to see fewer listings, and inventory is at a 12-month low. Additionally, the number of active listings dropped nearly 45% from January to February. The tight inventory, coupled with strong demand and a strong luxury market, is driving average sale prices and total sales volume upward. We continue to see a strong seller's market with plenty of interested buyers, but not enough homes to accommodate them."

Brunswick County saw $175,080,000 in total sales volume in February 2022, a 6.5% increase from last February's $164,449,429. New listings dropped 22.2%, from 563 to 438, and the number of units sold dropped 17.3% compared to last year, from 463 to 383. The absorption rate, which is the amount of time it would take to sell all available inventory, is less than one month, and homes are spending an average of 30 days on the market. The average sales price increased 28.7%, from $355,182 to $457,130. Brunswick County once again saw a strong luxury home market in February, with 19 sales in excess of $1 million, two sales in excess of $3 million and two in excess of $2 million.

Total sales volume is ahead of last year's record pace, while the number of homes sold is down. The total year-to-date sales volume in 2022 is $336,520,000, up from $328,339,429 last year, a 2.5% increase. Average sales prices are 10% higher than last year, jumping from $398,772 to $438,770. The number of units sold through February is down 17.3%, dropping from 928 to 767. Brunswick County has seen 825 new listings this year, down from 1,115 at the same point last year, a 26% drop.

Brunswick County

New Listings

  • February 2022: 438
  • February 2021: 563
  • Increase/Decrease: -22.2%

Units Sold

  • February 2022: 383
  • February 2021: 463
  • Increase/Decrease: -17.3%

Average Sales Price

  • February 2022: $457,130
  • February 2021: $355,182
  • Increase/Decrease: +28.7%

Median Sales Price

  • February 2022: $356,991
  • February 2021: $292,000
  • Increase/Decrease: +22.3%

Total Sales Volume

  • February 2022: $175,080,000
  • February 2021: $164,449,429
  • Increase/Decrease: +6.5%

Bladen County

New Listings

  • February 2022: 10
  • February 2021: 10
  • Increase/Decrease: +0.0%

Units Sold

  • February 2022: 13
  • February2021: 9
  • Increase/Decrease: +44.4%

Average Sales Price

  • February2022: $151,215
  • February 2021: $135,800
  • Increase/Decrease: +11.4%

Total Sales Volume

  • February 2022: $1,970,000
  • February 2021: $1,222,200
  • Increase/Decrease: +61.2%

Columbus County

New Listings

  • February 2022: 33
  • February 2021: 23
  • Increase/Decrease: +43.5%

Units Sold

  • February 2022: 19
  • February 2021: 20
  • Increase/Decrease: -5.0%

Average Sales Price

  • February 2022: $174,666
  • February 2021: $148,525
  • Increase/Decrease: +17.6%

Total Sales Volume

  • February 2022: $3,320,000
  • February 2021: $2,990,500
  • Increase/Decrease: +11.0%

The Brunswick County Association of REALTORS® (BCAR) is the local association level of the largest trade association in the nation, presently serving its members, which are comprised of REALTORS®, Appraisers and Affiliate Members.  For more information, please visit http://www.bcarnc.com.

March
14

Are you celebrating St. Patty's Day this year? Here are the Southport spots you don't want to miss for the holiday.

Looking for a place to celebrate this Saint Patrick's Day? You're in luck. The Southport area is home to some great local watering holes. These are our real estate agents' favorite places to enjoy a frosty pint on St. Patty's Day in Southport!

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March
7

Smart technology can save you money in the long run. Here are the devices you should integrate into your home.

Want to reduce your home's utility expenses, but feel like you don't have the time or energy to make your goal a success? Invest in smart home technology that helps you save money and monitor your home expenditures!

Our real estate agents know that adding a few pieces of technology can make a significant difference in your ongoing utility expenses. Here are a few tech additions that will help you save money and reduce your home's energy and water consumption.

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