In March Brunswick’s Real Estate market remained the same as February with only 34 Active Listings on the market for buyers to choose from. The inventory still remains very low making it a tough spring for buyers to find something suitable to purchase. When looking at March 2017, buyers had almost double the inventory to choose from, this is a very interesting fact. With Pending Sales remaining very high we would expect the inventory in Brunswick to remain low as we continue to head into the spring market. If you plan to list in Brunswick, don’t wait! The market is moving very fast and buyers are ready and waiting. One would expect the market to slow down sometime in the future so why gamble, make your plans to sell in 2018 soon and you won’t regret it!

March ended with 34 Current Listings  (no change from February),  33 Pending Sales (up 4 from February), and  21 Closed Sales (up 7 from February). Average Sales Price to List Price Ratio was 102% for March.

Comparing Brunswick’s data for March 2018 with March 2017, this is what we see:

• March 2018 Current Listings – 34 vs 60 in March 2017
• March 2018 Pending Sales – 33 vs. 32 in March 2017
• March 2018 Sales – 21 vs. 14 in March 2017
• March 2018 Median Sales Price – $260,500 vs. $258,500 in March 2017

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