The Topsham Real Estate Market Report for July shows that inventory is still hovering at very low levels. With only 35 properties available buyers do not have very many options to pick from. If Topsham is your place to call home being poised and ready is the key! Don’t hesitate when the right property comes on the market or you might lose out!
July ended with 35 Current Listings (down 4 from June), 31 Pending Sales (down 4 from June), and 11 Closed Sales in July (down 6 from June). Average Sales Price to List Price Ratio remained 98%!
If you compare July 2016 with July 2015 in Topsham, this is what you see:
- July 2016 Current Listings – 35 vs 56 in July 2015
- July 2016 Pending Sales – 31 vs. 20 in July 2015
- July 2016 Sales – 11 vs. 18 in July 2015
- July 2016 Median Sales Price – $192,500 vs. $224,750 in July 2015
If you want to purchase a home in Topsham, get things lined up and ready to go! The fall market will be kicking into full gear once school starts and the summer tourists start to head home. Happy Hunting!!
If you plan to buy or sell a home in Topsham, call Maine Home Realty today!