Brunswick, Maine – February 2017 Real Estate Market Report

CAM02265

In February, the Brunswick Real Estate Market saw another decrease in inventory to only 43 available listings! The buyer activity also remained hot as Brunswick saw 24 pending sales for the month. With Brunswick increasing in value it’s very hard to find good affordable housing as a buyer. Most of the military housing is sold so that affordable option has washed up leaving those sellers with a nice increase in property value and buyers wishing they had made the purchase earlier!

February ended with 43 Current Listings (down 5 from January),  26 Pending Sales in February (up 8 from January), and 10 Closed Sales in February (down 5 from January).  Average Sales Price to List Price Ratio remained the same from January at 97%.  

Comparing February 2017 with February 2016 in Brunswick:

  • February 2017 Current Listings – 43 vs. 61 in February 2016;
  • February 2017 Pending Listings – 24 vs. 36 in February 2016;
  • February 2017 Sold Listings – 10 vs. 16 in February 2016;
  • February 2017 Median Sales Price $174,000 vs. February 2016 Median Sales Price $184,500.

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

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s