In September Bath’s Real Estate market remained steady for Active listings with 45. Buyers have started to feel the pinch in inventory when shopping for a home in Bath just like buyers shopping in Topsham and Brunswick. The Pending sales decreased from 21 to 29 so it will be interesting to see if the summer momentum continues this fall with the October and November numbers. Sold properties increased from 15 to 17 showing us that the market is remaining steady coming out of the summer heat. Bath is a great place to find a home with an array of available inventory in different price ranges. The downtown is beautiful, the parks are attractive and the people are very friendly and easy to meet. Keep Bath on your radar as we head towards winter, it may be an option if you are getting squeezed out of the Brunswick and Topsham real estate market.

September ended with 45 Current Listings  (up 1 from August),  21 Pending Sales (down 8 from August), and  17 Closed Sales (up 2 from August).   Average Sales Price to List Price Ratio was 98% for August.

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

• September 2017 Current Listings – 45 vs 44 in September 2016
• September 2017 Pending Sales – 21 vs. 27 in September 2016
• September 2017 Sales – 17 vs. 17 in September 2016
• September 2017 Median Sales Price – $180,000 vs. $159,000 in September 2016

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