Tuesday, January 31, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Real Estate

Real estate sales well ahead of last year’s record pace

MtR by MtR
June 10, 2021
in Real Estate
0
Real estate sales well ahead of last year’s record pace


Related articles

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

Global anxiety over Chinese real estate crisis

August 10, 2022

SHALLOTTE, N.C. (WWAY) – Brunswick County’s residential real estate market once again saw record numbers in May, with the number of units sold year-to-date 50% ahead of last year’s record pace.

Additionally, the number of units sold in May is higher than any May in the past 20 years.

The inventory of available homes is at a record low level. Homes are selling faster than the market has seen in the past 20 years and sellers are receiving more than their listed price.

“Our market’s performance continues to amaze me, and we are seeing numbers we haven’t seen in a long time, if ever,” said BCAR CEO Cynthia Walsh. “The number of pending listings is high, and homes are selling quickly without price drops. Brunswick County remains red-hot, and I see no indications of a slowdown in the near future.”

Brunswick County saw $246,960,000 in total sales in May 2021, a 133.2% increase over last May’s $105,900,000. The number of units sold jumped 77.7%, from 349 to 620. The average sale price increased 31.3%, from $303,439 to $398,323.

The number of active listings is at an all-time low of 655, while the number of active listings in the entire N.C. Regional MLS is lower than Brunswick County’s active listings in May 2011 and May 2016.

The absorption rate dropped to one month compared to 4.5 months in 2020, and the average day on the market is 38 days.

Total year-to-date sales are up 81.7% compared to the same point in 2020, increasing from $572,670,000 to $1,040,609,429.

Average sale prices are up 21.3% compared to last year, increasing from $303.133 to $367.641, and the number of units sold is up from 1,880 to 2,819, a 49.9% increase.



Source link

Related Posts

Investment in overseas real estate surges : The DONG-A ILBO

by MtR
August 11, 2022
0

Ms. Kim in her 50s plans to go on a field survey to New York to see a studio condominium...

Global anxiety over Chinese real estate crisis

by MtR
August 10, 2022
0

The world’s second largest economy might have a real estate crisis looming. If that reverberates over to it’s globally-wired-in financial...

Health Care Real Estate Company Names New GC Ahead of Possible IPO

by MtR
August 10, 2022
0

Irvine, California-based real estate investment trust American Healthcare REIT has hired a new general counsel, less than a month after...

A day in the life of a Blackstone real estate associate

by MtR
August 10, 2022
0

Day in the life: Serena, Real Estate Management Associate at Blackstone, London Serena graduated from Cambridge University with a degree...

Boardwalk Real Estate: Q2 Earnings Snapshot

by MtR
August 10, 2022
0

CALGARY, Alberta (AP) _ Boardwalk Real Estate Investment Trust (BOWFF) on Tuesday reported a key measure of profitability in its...

Load More
  • Trending
  • Comments
  • Latest

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021

Tips for checking smoke alarms during daylight saving time

March 12, 2022

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Industrial Lubricants Market to Reach $71 Billion by 2027.

August 10, 2022

Recent News

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter