2017 home sales topped $1 billion in Brunswick County

BRUNSWICK COUNTY, NC (WWAY) — For the first time in more than a decade, residential real estate sales topped $1 billion in Brunswick County last year.

According to the Brunswick County Association of Realtors, sales in 2017 totaled $1.2 billion. It’s the first time sales crossed the billion-dollar threshold since 2005, said the group, which also says sales values were 32-percent higher than 2016.

BCAR says the number of units sold in 2017 jumped 23 percent over the previous year, increasing from 3,746 to 4,613 with the average sales price increased 8.5 percent, from $243,610 to $261,925.

With more than 1,000 properties sold, the Leland area remained the county’s biggest selling market in 2017, with sales volume totaling $266 million. Southport followed with slightly more than 500 properties sold and a total sales volume of $154 million.

The final month of the year also saw increases from a year earlier. Residential sales in December increased 3.8 percent compared to the December 2016, from 344 to 357. The average sales price went from $248,000 this December compared to $264,923 last year, and total sales increased from $85.16 to $94.58 million, an 11 percent jump.

Brunswick County

Units Sold

  • December 2017: 357
  • December 2016: 344
  • Increase/decrease: +3.8%

Average Sale Price

  • December 2017: $264,923
  • December 2016: $248,000
  • Increase/decrease: +6.8%

Total Sales Volume

  • December 2017: $94,580,000
  • December 2016: $85,160,000
  • Increase/decrease: +11.1%

Bladen County

  • Units Sold: 10
  • Average Sale Price: $100,490
  • Total Sales Volume: $1,000,000

Columbus County

  • Units Sold: 14
  • Average Sale Price: $107,471
  • Total Sales Volume: $1,500,000
Categories: Bladen, Brunswick, Columbus, Local

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