The Topsham Real Estate Market Report for April shows us that Topsham remained the same with Active listing at only 22 available. The Pending Sales took a good increase to 37 showing us that new listings continue to move quickly in this hot market. With all of the Pending Sales we would expect the Sold Properties to increase a bit for the May Market Report. Topsham continues to be a tough market to get into, if you are looking to buy in Topsham you better have your financing lined up and ready to go before looking!
April ended with 22 Current Listings (remaining the same from March), 37 Pending Sales (up 8 from March), and 8 Closed Sales in April (a decrease of 4 from March). Average Sales Price to List Price Ratio increased from 103% to 99%!
If you compare April 2017 with April 2016 in Topsham, this is what you see:
- April 2017 Current Listings – 22 vs 27 in April 2016
- April 2017 Pending Sales – 37 vs. 33 in April 2016
- April 2017 Sales – 8 vs. 12 in April 2016
- April 2017 Median Sales Price – $226,000 vs. $228,450 in April 2016
If you plan to buy or sell a home in Topsham, call Maine Home Realty today!
Let there be inventory! *fingers crossed*