Bath, Maine- November 2016 Real Estate Market Report

20161206_091303.jpg

In November Bath’s Real Estate market remained strong! The inventory was reduced to the lowest amount Bath has seen all year for the second month this fall (also September). Being down to 44 listings really shows what a great year Bath sellers have experienced as well as buyers getting the deals they were looking for. The inventory is still cut in half from this time last year. We expect things to quiet going into the new year, but, this is the perfect time to start your early listing plans for 2017 with inventory being so low!

November ended with 44 Current Listings  (down 10 from October),  24 Pending Sales (down 2 from October), and  9 Closed Sales in November (down 8 from October).   Average Sales Price to List Price Ratio decreased to 97% for November, a decrease of 1% from October.

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

  • November 2016 Current Listings – 44 vs 90 in November 2015
  • November 2016 Pending Sales – 24 vs. 18 in November 2015
  • November 2016 Sales – 18 vs. 11 in November 2015
  • November 2016 Median Sales Price – $130,500 vs. $180,000 in November 2015

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

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s