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!