In April Bath’s Real Estate market saw a slight decrease in Current Listings from 41 down to 36 total. The overall increase in Bath listings the past two months is mainly due to a neighborhood of condos that are all being sold at the same time. If you take away that group of condos from the search Bath only has 16 Current Listings, this is unbelievable! The other piece of the market report to key into this month is that properties are selling at 105% list price to sales price, I would say Bath is on the move for 2018! If you want to sell in Bath now is the time to do it, don’t get caught waiting for a better day because you might miss out! If you are buying in Bath be prepared to compete with other buyers and potentially have to offer over the list price in some situations.
April ended with 36 Current Listings (down 5 from March), 17 Pending Sales (down 4 from March), and 9 Closed Sales (same from March). Average Sales Price to List Price Ratio was 105% for April!
Comparing Bath’s data for April 2018 with April 2017, this is what we see:
- April 2018 Current Listings – 36 vs 39 in April 2017
- April 2018 Pending Sales – 17 vs. 22 in April 2017
- April 2018 Sales – 9 vs. 11 in April 2017
- April 2018 Median Sales Price – $175,000 vs. $173,000 in April 2017
If you are ready to sell or buy a home in Bath, call Maine Home Realty today!