November ended with just 78 Current Listings (down 23 from October), 48 Pending Sales (down 2 from October), and 25 Closed Sales in November (down 10 from October!). Average Sales Price to List Price Ratio dipped back down a couple points, to 96%, in November.
Let’s compare November 2015 with November 2014 in Brunswick:
- 78 Current listings in 2015 vs. 111 last November;
- 48 Pending Sales in 2015 vs. 33 last November;
- 25 Closed Sales in 2015 vs. 14 last November;
- November 2015 Median Sales Price $276,300 vs. November 2014 Median Sales Price $176,000
The residential real estate market in Brunswick is outpacing its 2014 performance for this month. Right now, the shortage of available inventory is frustrating Buyers who need to purchase, and want to be in Brunswick. More flexible Buyers are looking to Brunswick’s nearby towns for additional options and are finding some good values.
If you are ready to sell or buy a home in Brunswick, call Maine Home Realty today!