Bath, Maine – June 2018 Real Estate Market Report

In June Bath’s Real Estate market saw an increase in Active listings from 31 in May up to 43 total for the month of June. The increase in Active listings was not met like last month with buyers putting properties under contract. The Pending properties dipped from 27 total in May down to 19 in June giving Bath buyers more properties to consider as we head into July and summer vacation months. This should be good news for buyers as we head into the second part of the selling season. Bath’s inventory has been very low so any help will be much appreciated. Sellers in Bath keep pushing prices so it will be interesting to see if buyers slow the market as prices get comparable to the surrounding areas. If you are buying in Bath be patient for the right house, but, when it come on you will have to move quickly in order to make the dream a reality!

June ended with 41 Current Listings  (up 12 from May),  19 Pending Sales (down 8 from May), and  24 Closed Sales (up 10 from May). Average Sales Price to List Price Ratio was 99% for June.

Comparing Bath’s data for June 2018 with June 2017, this is what we see:

• June 2018 Current Listings – 43 vs 37 in June 2017
• June 2018 Pending Sales – 19 vs. 13 in June 2017
• June 2018 Sales – 24 vs. 15 in June 2017
• June 2018 Median Sales Price – $202,450 vs. $185,000 in June 2017

If you are ready to sell or buy a home in Bath, call Maine Home Realty today!