In April Brunswick’s Real Estate market saw a decease in Current Listings from 34 down to only 30. This is hard to believe when looking at April 2017, Brunswick had 61 Current Listings to choose from! With inventory slashed in half over the past year, it is a very difficult time to be a buyer. The market is very tight in Brunswick and buyers have pushed north and exhausted most of Bath’s affordability. Selling in Brunswick is key right now. The market has climbed past 2006-2007 pricing and we don’t know how long this will last for. If you are on the fence about selling make your plans to do it this year!
April ended with 30 Current Listings (down 4 from March), 29 Pending Sales (down 4 from March), and 21 Closed Sales (same from March). Average Sales Price to List Price Ratio was 98% for April.
Comparing Brunswick’s data for April 2018 with April 2017, this is what we see:
- April 2018 Current Listings – 30 vs 61 in April 2017
- April 2018 Pending Sales – 29 vs. 48 in April 2017
- April 2018 Sales – 21 vs. 9 in April 2017
- April 2018 Median Sales Price – $244,000 vs. $295,000 in April 2017
If you are ready to sell or buy a home in Brunswick, call Maine Home Realty today!