Bath, Maine – April 2016 Real Estate Market Report

Greek Revival For Sale in Bath ME 04530If you’ve already read the April Market Reports that we’ve posted for Brunswick and Topsham, you know we are experiencing a sorry lack of listings, considering that this is Spring Selling Season!  For those Buyers being pushed out of Greater Portland, or even Brunswick by rising prices, Bath offers a few more options, especially for historic home-lovers.

April ended with 58 Current Listings (down 3 from March),  33 Pending Sales (up 10 from March), and 17 Closed Sales in April (up 10 from March).   Average Sales Price to List Price Ratio came in at 95% for April, which is down from the 97% of last month. 

Of note in this report, is the difference in price between what is Currently Listed  (Median List Price $247,000) and what Sold in April (Median Sale Price $135,500).  Pending Sales came in the middle-ground with a Median List Price of $179,900, so moving in the right direction.

Comparing Bath’s data for April 2016 with April 2015, this is what we see:

  • April 2016 Current Listings – 58 vs 83 in April 2015
  • April 2016 Pending Sales – 33 vs. 21 in April 2015
  • April 2016 Sales – 17 vs. 7 in April 2015
  • April 2016 Median Sales Price – $135,500 vs. $146,000 in April 2015

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

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