In March Bath’s Real Estate market saw the inventory level remain about the same from February. Buyers are still out actively looking for properties and are ready to move quick. Bath remained strong with an increase in pending sales to 23. With Topsham and Brunswick remaining very low with inventory, Bath has finally taken a good jump in the right direction for sellers. Buyers are now feeling the same pinch as Topsham and Brunswick when looking for a home. Be ready and get things in order so when the right home does come on the market you can act quick and not miss out!
March ended with 35 Current Listings (up 1 from February), 23 Pending Sales (up 1 from February), and 14 Closed Sales (up 6 from February). Average Sales Price to List Price Ratio was 96% for March.
Comparing Bath’s data for March 2017 with March 2016, this is what we see:
- March 2017 Current Listings – 35 vs 61 in March 2016
- March 2017 Pending Sales – 23 vs. 23 in March 2016
- March 2017 Sales – 14 vs. 10 in March 2016
- March 2017 Median Sales Price – $161,875 vs. $174,950 in March 2016
If you are ready to sell or buy a home in Bath, call Maine Home Realty today!