Brunswick, Maine – October 2015 Real Estate Market Report

Brunswick ME 04011Looking at the  Real Estate Sales data in Brunswick for the month of October, we saw Active Listings and Pending Sales tapering off as Closed Sales shot up, seemingly, so Buyers could be settled in their homes before the upcoming holiday season! 

Many Sellers take their homes off the market before Thanksgiving and roll them back out in  early spring.  Of course, if you have a home you want to sell, we recommend you keep it on the market, ready, willing, and able to show at all times . . . no matter what!

October ended with 101 Current Listings (down 15 from September),  50 Pending Sales (down 9 from September), and 35 Closed Sales in October (up 12 from September!).  Average Sales Price to List Price Ratio dropped one point to 98% in October, breaking the 4 month streak of 99%.

Let’s compare October 2015 with October 2014 in Brunswick:

  • 110 Current listings in 2015 vs. 112 last October;
  • 50 Pending Sales in 2015 vs. 33 last October;
  • 35 Closed Sales in 2015 vs. 30 last October;
  • October 2015 Median Sales Price $230,000 vs. October 2014 Median Sales Price $220,000

Year-over-year, the Brunswick residential real estate market is performing better than other area towns, and continues to be our best Seller’s market.  Homeowners who are thinking about selling are encouraged to get their homes ready for market and not let the holidays or winter weather put a damper on your home selling plans!

If you are ready to sell or buy a home in Brunswick, call Maine Home Realty today!

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