The Spring Real Estate Market in Brunswick continues to be most active! The numbers are all trending in the right direction . . . for Sellers.
Buyers, must continue to move quickly to secure the nicest properties. Pick a REALTOR®, get pre-approved for your financing, view properties with your Buyer’s Agent and be ready to write an offer quickly.
May ended with 110 Current Listings (up 7 from April), 55 Pending Sales (up 2 from April), and 30 Closed Sales in May (up 10 from April). Average Sales Price to List Price Ratio is at 97% in May.
Just for grins, lets compare May 2015 with May 2014 in Brunswick:
- 110 Current listings in 2015 vs. 121 last May;
- 55 Pending Sales in 2015 vs. 39 last May;
- 30 Closed Sales in 2015 vs. 24 last May;
- May 2015 Median Sales Price $168,000 vs, May 2014 Median Sales Price $170,000
You don’t need us to tell you what’s happening here – – – lower supply, and more homes selling will bring increased prices, but that hasn’t really happened YET, as the median price hovers in the same range. As others are finding, NOW is the time to buy in Brunswick as home values remain good and interest rates are still attractive.
If you plan to buy or sell a home in Brunswick, call Maine Home Realty today!
