In January, the Brunswick Real Estate Market saw another decrease in inventory to a total of 48 Active Listings. This is the lowest amount of inventory that Brunswick has seen in 2015, 2016 and 2017! The Brunswick market has become extremely difficult for buyers to find affordable housing. It’s hard to think that even a few years ago the options under $200,000 were FAR greater. Sellers in Brunswick can push the envelope on pricing this year, but, have to ask themselves what they will be dealing with if they are planning to buy in the same region.
Comparing January 2017 with January 2016 in Brunswick:
- January 2017 Current Listings – 48 vs. 67 in January 2016;
- January 2017 Pending Listings – 18 vs. 36 in January 2016;
- January 2017 Sold Listings – 15 vs. 18 in January 2016;
- January 2017 Median Sales Price $242,000 vs. January 2016 Median Sales Price $239,950.
If you are ready to sell or buy a home in Brunswick, call Maine Home Realty today!