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The Area Housing Market is Growing Steadily

The Area Housing Market is Growing Steadily

Brunswick County has rebounded from the economic crash that hit the U.S. in 2009 and now the area housing market is growing steadily. Homes sales are heating up and the prices are on the rise as well.

The Brunswick County Association of REALTORS’ report that was recently released showed that home prices in the region rose 4% in 2014. Overall, the market improvements have been slow, and steady – something that many people prefer to the haphazard ups and downs that can take place in a shaky market.

The number of listings increased in 2014 and the dollar value of transactions rose from $508.75 million to $528.78 million year-over-year. A lot of people are starting to search for a home in the Brunswick area. Even though the prices have been going up, the financing options right now are great – so more and more people are taking advantage of this wonderful time to buy a home in Brunswick County.

More Data

– Home sales on Oak Island went up 18% in 2014.
– Sales volume for 2015 is up 46% year-over-year.
– Ocean Isle Beach prices and sales are on the rise.
– Average selling prices in Southport rose from $175,423 to $190,608.
– Sales volume rose 19% in Leland from 2013 to 2014.

These are great signs for the area housing market as the economy continues to improve.

Thank you for reading my latest blog post. If you are looking to buy or sell a home in beautiful Brunswick County, then please consider contacting me – Anne Arnold. As a local community and real estate expert, I would be happy to help you reach your real estate goals. Call me today at 910-933-2445.