Brunswick, Maine- October 2016 Real Estate Market Report

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In October, the Brunswick Real Estate Market saw a decrease in available inventory from September. While the market showed a slight sign of slowing down in Brunswick last month, this month shows it is still full steam ahead right into the fall. It’s interesting to note that the inventory last year was at 101 listings, but, the pending sales and the sold properties were significantly greater than this October.

October ended with 78 Current Listings (down 8 from September),  35 Pending Sales in October (down 1 from September), and 30 Closed Sales in October (up 3 from September).  Average Sales Price to List Price Ratio is 98%, remaining strong from last month. 

Comparing October 2016 with Octoberr 2015 in Brunswick:

  • October 2016 Current Listings – 78 vs. 101 in October 2015;
  • October 2016 Pending Listings – 35 vs. 50 in October 2015;
  • October 2016 Sold Listings – 30 vs. 35 in October 2015;
  • October 2016 Median Sales Price $200,00 vs. October 2015 Median Sales Price $230,000.

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

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