In October Brunswick’s Real Estate market had a decent decline in Active Listings from 72 down to 64. Brunswick is already in need of more inventory so to see this decrease before heading into winter only leads me to believe we will see another decrease in Active Listings next month. While the Pending Sales increased two properties, the amount of Sold Listings decreased by 6 from 31 to 25 for the month of October.
October ended with 64 Current Listings (down 8 from September), 28 Pending Sales (up 2 from September), and 25 Closed Sales (down 6 from September). Average Sales Price to List Price Ratio was 98% for October.
Comparing Brunswick’s data for October 2017 with October 2016, this is what we see:
- October 2017 Current Listings – 64 vs 78 in October 2016
- October 2017 Pending Sales – 28 vs. 35 in October 2016
- October 2017 Sales – 25 vs. 30 in October 2016
- October 2017 Median Sales Price – $220,000 vs. $200,000 in October 2016
If you are ready to sell or buy a home in Brunswick, call Maine Home Realty today!