In August Bath’s Real Estate market remained steady for Active listings with 44, that is only an increase of 2 listings from July. The Pending sales also remained strong and increased from 21 to 29 for August. This should help with the Sold properties heading into September. When looking at the Pending sales for August 2016 Bath had a total of 41! It will be interesting to see how the data compares next month now that we are officially into the fall season of business here in Maine.

August ended with 44 Current Listings  (up 2 from July),  29 Pending Sales (up 8 from July), and  15 Closed Sales (up 6 from June).   Average Sales Price to List Price Ratio was 99% for August.

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

• August 2017 Current Listings – 44 vs 54 in August 2016
• August 2017 Pending Sales – 29 vs. 41 in August 2016
• August 2017 Sales – 15 vs. 17 in August 2016
• August 2017 Median Sales Price – $205,000 vs. $123,000 in August 2016

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