The Topsham Real Estate Market Report for January shows us that Topsham saw a decrease in Active listings by 5 from 27 to 22. This is the difference of only 1 Active listing when comparing to January 2017. Topsham is still a hard market to break into, especially for a first time home buyer or a buyer looking to keep a lower budget. Topsham continues to hover around 25 listing on average for the year making it the lowest Active listing town in the three towns these reports cover. Topsham had the highest Median average when comparing to Bath and Brunswick. When you look at the average price per square foot for sold properties in Topsham for January 2018, it was $196.09!

January ended with  22 Current Listings (down 5 from December),  18 Pending Sales (down 4 from December), and 9 Closed Sales in January (down 3 from December).  Average Sales Price to List Price Ratio was 99%.

If you compare January 2018 with January 2017 in Topsham, this is what you see:

• January 2018 Current Listings – 22 vs 23 in January 2017
• January 2018 Pending Sales – 18 vs. 19 in January 2017
• January 2018 Sales – 9 vs. 2 in January 2017
• January 2018 Median Sales Price – $254,900 vs. $142,500 in January 2017

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