Topsham, Maine – December 2015 Real Estate Market Report

Topsham Maine 04086As the New Year is already well underway and we are enjoying an extremely mild winter so far, we’ve gathered the December market data for the Town of Topsham and see that Closed Sales are up over last month.  Pending Sales were down, and the available inventory of homes for sale has dropped down to “normal” winter levels for Topsham.

December ended with  41 Current Listings (down 12 from November),  21 Pending Sales (down 2 from November), and  10 Closed Sales in December (up 4 from November).  Average Sales Price to List Price Ratio went back up a couple points to 97%

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

  • December 2015 Current Listings – 41 vs. 49 in December 2014
  • December 2015 Pending Sales – 21 vs. 13 in December 2014
  • December 2015 Sales – 10 vs. 4 in December 2014
  • December 2015 Median Sales Price – $188,000 vs. $160,000 in December 2014

Buyers will continue to be faced with fewer home buying options in Topsham, until Springtime.  But, if you have a Topsham home that is ready to sell, there is no reason to wait until Spring – Call us today and we’ll walk you through the steps to put it on the market!

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

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