In October Bath’s Real Estate market remained about the same when comparing to September. The inventory only decreased by two listing from 45 to 43 Active listings. Pending Sales increased by two properties from 21 to 21 and the Sold Listings decreased from 17 to 15. If you have decided to hold off and wait until the spring market, be ready! The spring market has been kicking off early and quickly in the past few years so having everything lined up and ready to go will be key. Bath still offers a stable amount of listings to offer in all price ranges.
October ended with 43 Current Listings (down 2 from September), 23 Pending Sales (up 2 from September), and 15 Closed Sales (down 2 from September). Average Sales Price to List Price Ratio was 98% for October.
Comparing Bath’s data for October 2017 with October 2016, this is what we see:
- October 2017 Current Listings – 43 vs 54 in October 2016
- October 2017 Pending Sales – 23 vs. 26 in October 2016
- October 2017 Sales – 15 vs. 18 in October 2016
- October 2017 Median Sales Price – $170,000 vs. $160.900 in October 2016
If you are ready to sell or buy a home in Bath, call Maine Home Realty today!