Brunswick County real estate numbers up from last year, down from August

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By Staff Brunswick Beacon

The number of existing homes sold in Brunswick County went up again in September when compared to the previous year, according to recent statistics from the N.C. Association of Realtors.

In September of 2008, 170 houses were sold in the county, up from 113 the previous September.

The number dropped from last month’s 199 houses, however, and the average cost of a home decreased 25 percent over last year, from $358,152 to $267,540.

Unlike last month, Brunswick County was not the only region to post an increase over last year.

Sales in the Fayetteville area increased 22 percent, from 285 to 347, while sales in Jacksonville were up 2 percent, from 215 to 220.

The numbers dipped significantly in the Triangle, going from 2,347 homes sold to 1,736 between this year and last.

Since the market’s peak in 2005, the average price of a house sold has decreased significantly, and real estate brokers say the “boom” of that year has given way to a more normalized market.