In February Bath’s Real Estate market saw another decrease in Active listings down to a total of only 22 Active listings! That is less available Active listings than even Topsham! Bath has become a very attractive place to call home due to its great downtown with shops and restaurants and riverfront park. With affordability closed in most other regions south of Bath, Bath has become the new hot spot for home buyers. It offers a little bit of everything from new to old which gives a little something for all buyers. If you plan to list in Bath, don’t wait! The market is moving very fast and buyers are ready and waiting. One would expect the market to slow down sometime in the future so why gamble, make your plans to sell in 2018 soon and you won’t regret it!
February ended with 22 Current Listings (down 6 from January), 16 Pending Sales (up 1 from January), and 12 Closed Sales (up 1 from January). Average Sales Price to List Price Ratio was 95% for February.
Comparing Bath’s data for February 2018 with February 2017, this is what we see:
- February 2018 Current Listings – 22 vs 34 in February 2017
- February 2018 Pending Sales – 16 vs. 22 in February 2017
- February 2018 Sales – 12 vs. 8 in February 2017
- February 2018 Median Sales Price – $171,500 vs. $144,750 in February 2017
If you are ready to sell or buy a home in Bath, call Maine Home Realty today!