In August Brunswick’s Real Estate market had a really big month! The first thing to note is that Brunswick saw an increase in Active Listings from 66 in July to 82 in August. The buyers who continued to shop this summer in the relentless heat should have had more options to look at and consider. The Pending Sales increased from 29 in July up to 46 in August, this is a large increase! The amount of Sold Properties was 40 for the month of August, an increase of 16 when comparing to July. Brunswick also saw another month where the average sale price is going over the asking price topping out at 101% for the month of August. This means if you are buying a home in Brunswick you can expect to pay slightly higher than the sellers asking price on average. Happy Hunting!!
August ended with 82 Current Listings (up 16 from July), 46 Pending Sales (up 17 from July), and 40 Closed Sales (up 16 from July). Average Sales Price to List Price Ratio was 101% for August!
Comparing Brunswick’s data for August 2018 with August 2017, this is what we see:
- August 2018 Current Listings – 82 vs 72 in August 2017
- August 2018 Pending Sales – 46 vs. 47 in August 2017
- August 2018 Sales – 40 vs. 34 in August 2017
- August 2018 Median Sales Price – $262,500 vs. $190,875 in August 2017
If you are ready to sell or buy a home in Brunswick, call Maine Home Realty today!