The Topsham Real Estate Market Report for November shows us that Topsham saw another slight increase in Available listings for the fourth month in a row ending with 32 total. The Pending sales remained strong with 26 only a decrease of 1 from October. Sold properties decreased from 13 to 6 total for the month which is exactly the same when comparing November 2016 to November 2017. The big item to note is the average sales price to list price ratio decreased all the way down to 93% for the month of November.

November ended with  32 Current Listings (up 5 from October), 26 Pending Sales (down 1 from October), and 6 Closed Sales in November (down 7 from October).  Average Sales Price to List Price Ratio was 93%.

If you compare November 2017 with November 2016 in Topsham, this is what you see:

• November 2017 Current Listings – 32 vs 24 in November 2016
• November 2017 Pending Sales – 26 vs. 19 in November 2016
• November 2017 Sales – 6 vs. 6 in November 2016
• November 2017 Median Sales Price – $207,500 vs. $274,500 in November 2016

If you plan to buy or sell a home in Topsham, call Maine Home Realty today!