The Topsham Real Estate Market Report for December shows us that Topsham saw a slight decrease in Active listings back down to more of the normal range with 27 Active listings for December. This is the same decrease as last months increase in inventory for Topsham with a change of 5. Topsham remained very strong with 22 Pending sales, a decrease of 4 from November. The Sold properties doubled from 6 to 12 when looking at November and December 2017. Topsham is still a very hard market to get into. Do not be afraid to keep an eye out this winter and even make a move on a property if it becomes available. Hopefully with the snow and cold less buyers will be out which gives you a better chance to get what you want without competing as much with other buyers.

December ended with  27 Current Listings (down 5 from November), 22 Pending Sales (down 4 from November), and 12 Closed Sales in December (up 6 from November).  Average Sales Price to List Price Ratio was 99%.

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

• December 2017 Current Listings – 27 vs 25 in December 2016
• December 2017 Pending Sales – 22 vs. 13 in December 2016
• December 2017 Sales – 12 vs. 9 in December 2016
• December 2017 Median Sales Price – $290,263 vs. $201,000 in December 2016

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