The Topsham Real Estate Market Report for September shows us that Topsham still remains the town with the lowest amount of Active Listings when comparing to Bath and Brunswick. Topsham only had 25 Active Listings for the month of September, up 4 when comparing to August. The Pending Sales remained very strong at 22, only a decrease of 4 when comparing to August. The Sold Properties also remained very strong increasing by 6 to 12 total for the month of September. Topsham remains the toughest town to get into when looking to purchase a property. The low levels of inventory do not help buyers as they continue to wait for the right place to come on the market. Sellers are loving the low inventory and higher prices that properties are selling for. How long will this last?!
September ended with 25 Current Listings (up 4 from August), 16 Pending Sales (down 3 from August), and 8 Closed Sales in September (down 2 from August). Average Sales Price to List Price Ratio was 99%.
If you compare September 2018 with September 2017 in Topsham, this is what you see:
- September 2018 Current Listings – 25 vs 25 in September 2017
- September 2018 Pending Sales – 16 vs. 26 in September 2017
- September 2018 Sales – 8 vs. 12 in September 2017
- September 2018 Median Sales Price – $196,250 vs. $215,000 in September 2017
If you plan to buy or sell a home in Topsham, call Maine Home Realty today!