In November Bath’s Real Estate market saw a good decrease in Active listings to only 35 total available properties. Bath has not see inventory this low since December 2016. It will be interesting to see if December 2017 gets to a low in inventory that we have not seen in some time. The Pending properties remained strong with 29 total for November. Sold Properties also remained strong with Bath finishing with 20 for the month of November. A key piece to note is that Bath’s sales price to list price ratio rose to 103%!
November ended with 35 Current Listings (down 8 from October), 20 Pending Sales (down 3 from October), and 15 Closed Sales (up 2 from October). Average Sales Price to List Price Ratio was 103% for November.
Comparing Bath’s data for November 2017 with November 2016, this is what we see:
- November 2017 Current Listings – 35 vs 44 in November 2016
- November 2017 Pending Sales – 20 vs. 24 in November 2016
- November 2017 Sales – 17 vs. 9 in November 2016
- November 2017 Median Sales Price – $203,000 vs. $130,500 in November 2016
If you are ready to sell or buy a home in Bath, call Maine Home Realty today!