In July Bath’s Real Estate market remained the same as June with 43 Active listings. The increased inventory is certainly helping buyers find what they want in a very busy market. Bath’s market continues to do very well and buyers seem to like the various styles of housing stock that the little city has to offer. Pending Sales decreased significantly from 19 in June to only 7 in July. This is typical as July is the hot vacation month of the summer and allot of people have plans and just want to enjoy a little relax time. On the other end of that with all the tourists in Maine, small business owners work really hard and don’t get very much time off. The Sold properties also dipped from 24 in June to 13 in July. It will be interesting to see if the little lull continues or if the fall market kicks into high gear. Enjoy the last days of summer!

July ended with 43 Current Listings  (same from June),  7 Pending Sales (down 12 from June), and  13 Closed Sales (down 11 from June). Average Sales Price to List Price Ratio was 98% for July.

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

• July 2018 Current Listings – 43 vs 42 in July 2017
• July 2018 Pending Sales – 7 vs. 21 in July 2017
• July 2018 Sales – 13 vs. 9 in July 2017
• July 2018 Median Sales Price – $195,000 vs. $180,000 in July 2017

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