Brandywine Bay

Annual Market Report

2017 vs. 2018

Provided by: Amy M. Hahn, Pine Knoll Shores Realty

 

 

Residential

When Comparing closed residential listings for Brandywine Bay, 2017 (64 units) vs. 2018 (49 units), number of sales are down 23.4%. There were 61 new listings added to the inventory for 2018 compared to 2017 with 75 new listings.  . 

The median sales price in 2018 was $234,000 (down 4.3% from $244,500 in 2017). The median List Price in 2018 was $249,900 (down 3.8% from $259,900 in 2017).

There are currently 11 Single Family Residential properties on the market, 5 Condos and 2 Townhouses.  2 Single Family Residential are currently under contract and no Condos or Townhouses are currently under contract.

 

Land

When Comparing closed land listings for Brandywine Bay, 2017 (3 units) vs. 2018 (3 units), number of sales are the same.  There were no new listings added to the inventory for 2018 compared to 2017 with 4 new listings.  . 

The median sales price in 2018 was $60,000 (down 9.1% from $66,000 in 2017). The median List Price in 2017 was $64,500 with no new listing in 2018.

There are currently no lots available on the market in Brandywine Bay.

 

Information was found on CCMLS on 1/15/2019 and is deemed to be reliable, but is not guaranteed.