In May, the Brunswick Real Estate Market had a very busy month. We saw listings finally increase significantly from 61 to 79 available listings. While pending sales decreased slightly, they still remained very strong with 42 total. Sales were up in a big way from 9 to 33! Looking back at May 2016 the numbers seem to line up with the busy spring we had in 2016. Hopefully buyers are finding more options as the listings are increasing. Time will tell how long this busy sellers market will last!

May ended with 79 Current Listings (up 18 from April),  42 Pending Sales in May (down 6 from April), and 33 Closed Sales in May (up 24 from April).  Average Sales Price to List Price Ratio increased to 99%.  

Comparing May 2017 with May 2016 in Brunswick:

• May 2017 Current Listings – 79 vs. 78 in May 2016;
• May 2017 Pending Listings – 42 vs. 58 in May 2016;
• May 2017 Sold Listings – 33 vs. 39 in May 2016;
• May 2017 Median Sales Price $268,000 vs. May 2016 Median Sales Price $191,000.

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