In July, the Brunswick Real Estate Market remained steady. While we saw a decrease in the amount of pending sales the closed sales increased by two keeping the market in an upward direction. Inventory remains low and has decreased slightly from June. With people making summer plans and kids back to school we would expect to see an increase in activity as we head into the fall market. Enjoy the rest of summer!!

July ended with 76 Current Listings (down 3 from June),  44 Pending Sales in July (down 10 from June), and  33 Closed Sales in July (up 2 from June).  Average Sales Price to List Price Ratio is 99%, an increase of 1% from last month.  Average Days on Market is down to 40!

Comparing July 2016 with July 2015 in Brunswick:

• 76 Current listings in 2016 vs. 138 last July;
• 44 Pending Sales in 2016 vs. 50 last July;
• 33 Closed Sales in 2016 vs. 29 last July;
• July 2016 Median Sales Price $206,000 vs. July 2015 Median Sales Price $214,900.

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