The good news is in the Real Estate market is that home sales are up but prices are down.
Home sales in Brunswick County during January 2010 were up 22 percent from January 2009, from $15.11 million to nearly $18.5 million!
Meanwhile the February number was up 57 percent from 2009, from $14.37 million to $22.5 million.
“Things have definitely picked up for me,” said Martha Pope of Pope Real Estate company. “It certainly isn’t anywhere near back to normal – but we’ll take it!”
The average sale price of a home is continuing to drop, according to latest statistics from the Brunswick County Association of Realtors. The average list price of a Brunswick County home in 2009 was $395,300, while the average sale price was $268,000.
“Its a great opportunity for buyers and there are a lot of buyers coming to town.” added Martha Pope “the key is knowing where the best deals are and getting in font of potential buyers. Luckily I have access to both though MLS and the traffic I get from extensive internet exposure.”
The end of 2009 was a busy season for the company and January and February have been very active.
This first quarter of 2010 looks to be the best in a long time and this is the time of year when people traditionally start looking for second homes.
Values are down because of the economy, but everything is showing, I feel this is a great opportunity for buyers.
The southern end of Brunswick County does not have as many foreclosures as some people expected, but buyers are actively looking for those deals.
“Most of my customers are people looking to relocate to Brunswick County, many of them are waiting for their houses in their home areas to sell before they can buy one here.”
– Martha Pope, Accredited Buyers Representative of the National Association of Realtors.
