Bath, Maine – June 2017 Real Estate Market Report

In June Bath’s Real Estate market saw a slight decrease in business overall. This is typical as folks get ready for summer vacations and kids out of school for the summer. Bath’s inventory still hovers really low, losing 3 more listings Bath fell to 37 available listings for June. We saw a decrease in Pending Sales which will likely result in a slower July for Sales. As we gear up for the fall business enjoy summer but don’t pass on a good deal if you see one. The fall will be on us before you know it so get qualified and ready!

June ended with 37 Current Listings  (down 3 from May),  13 Pending Sales (down 6 from May), and  15 Closed Sales (down 3 from May).   Average Sales Price to List Price Ratio was 99% for June.

Comparing Bath’s data for June 2017 with June 2016, this is what we see:

• June 2017 Current Listings – 37 vs 65 in June 2016
• June 2017 Pending Sales – 13 vs. 30 in June 2016
• June 2017 Sales – 15 vs. 21 in June 2016
• June 2017 Median Sales Price – $185,000 vs. $174,000 in June 2016

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