As we entered the Summer Real Estate Market in Topsham, we finally saw an increase in Active Listings in June.   But, the pace at which homes are going under contract, and sales are closing has also continued at a steady clip.  Buyers have a few more options from which to choose . . . for the moment.

June ended with 52 Current Listings (up 12 from May),  25 Pending Sales (up 2 from May), and 10 Closed Sales in June (down 1 from May).  Average Sales Price to List Price Ratio has ticked up to 100%.  That’s right, on average, a Buyer is paying full list price for a home in Topsham!

If you compare June 2015 with June 2014 in Topsham, this is what you see:

• June 2015 Current Listings – 52 vs. 69 in June 2014
• June 2015 Pending Sales – 25 vs. 20 in June 2014
• June 2015 Sales – 10 vs. 15 in June 2014
• June 2015 Median Sales Price – $211,000 vs. $215,000 in June 2014

If you are considering purchasing a home in Topsham, contact Maine Home Realty TODAY! and we’ll guide you through the process!

If you plan to buy or sell a home in Topsham, call Maine Home Realty today!