Topsham, Maine – August 2018 Real Estate Market Report

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The Topsham Real Estate Market Report for August shows at the Topsham remains about the same coming through the summer months. Topsham seems to be the most consistent town with a very low amount of inventory available for buyers. Sellers are enjoying the tight market and the fact that August shows us that buyers are willing to continue to pay more than what they are asking for. Topsham averaged 102% when comparing the list price to the actual sale price! As a seller, don’t go to high on your asking price. Se a realistic price with your real estate professional and know that if you are attractive to buyer, they will offer more than what you are asking. Happy Selling!!

August ended with  21 Current Listings (down 2 from July),  19 Pending Sales (up 6 from July), and 10 Closed Sales in July (down 5 from July).  Average Sales Price to List Price Ratio was 102%.

If you compare August 2018 with August 2017 in Topsham, this is what you see:

  • August 2018 Current Listings – 21 vs 24 in August 2017
  • August 2018 Pending Sales – 19 vs. 32 in August 2017
  • August 2018 Sales – 10 vs. 13 in August 2017
  • August 2018 Median Sales Price – $251,000 vs. $237,000 in August 2017

If you plan to buy or sell a home in Topsham, call Maine Home Realty today!

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Brunswick, Maine – August 2018 Real Estate Market Report

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In August Brunswick’s Real Estate market had a really big month! The first thing to note is that Brunswick saw an increase in Active Listings from 66 in July to 82 in August. The buyers who continued to shop this summer in the relentless heat should have had more options to look at and consider. The Pending Sales increased from 29 in July up to 46 in August, this is a large increase! The amount of Sold Properties was 40 for the month of August, an increase of 16 when comparing to July. Brunswick also saw another month where the average sale price is going over the asking price topping out at 101% for the month of August. This means if you are buying a home in Brunswick you can expect to pay slightly higher than the sellers asking price on average. Happy Hunting!!

August ended with 82 Current Listings  (up 16 from July),  46 Pending Sales (up 17 from July), and  40 Closed Sales (up 16 from July). Average Sales Price to List Price Ratio was 101for August!

Comparing Brunswick’s data for August 2018 with August 2017, this is what we see:

  • August 2018 Current Listings – 82 vs 72 in August 2017
  • August 2018 Pending Sales – 46 vs. 47 in August 2017
  • August 2018 Sales – 40 vs. 34 in August 2017
  • August 2018 Median Sales Price – $262,500 vs. $190,875 in August 2017

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

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Bath, Maine – August 2018 Real Estate Market Report

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In August Bath’s Real Estate market saw a third month in a row with 43 Active Listings for buyers to consider. This is great news as we head into the fall market and buyers continue to look for options before the snow flies here in Maine. Bath has made great strides this selling season becoming a very desirable market for buyers of all types. With the wide range in housing stock to consider, Bath offers a little bit for everyone. The Pending Sales increased from 7 in July to 13 in August. The Sold Properties also increased from 13 in July to 19 in August. The next couple of months will be key to monitor in Bath. Either the inventory will remain very low and possibly decrease over the busy fall market, or, buyers might slow down giving Bath additional Active Listings.

August ended with 43 Current Listings  (same from July),  13 Pending Sales (up 5 from July), and  19 Closed Sales (up 6 from July). Average Sales Price to List Price Ratio was 98% for August.

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

  • August 2018 Current Listings – 43 vs 44 in August 2017
  • August 2018 Pending Sales – 13 vs. 29 in August 2017
  • August 2018 Sales – 19 vs. 15 in August 2017
  • August 2018 Median Sales Price – $180,000 vs. $205,000 in August 2017

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

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Topsham, Maine – July 2018 Real Estate Market Report

Rusty's Market in Topsham, ME

The Topsham Real Estate Market Report for July shows us that Topsham still remains the town with the lowest amount of inventory when comparing to Bath and Brunswick. Inventory of Active listings did remain the same at only 23 available options for buyers to consider. This is not allot to consider at all for a buyer, especially one on a budget. Topsham does not currently offer allot of affordable Active listings and when they do come on be prepared to compete with other buyers just like you. Topsham remained strong with 13 Pending Sales for June down 6 from June. The Sold properties also remained strong with 15 for July only down one from June. As we near the end of summer and you are considering selling, be ready for buyers to set up showings right away and be ready for things to move quickly as long as you set the asking price right.

July ended with  23 Current Listings (same from June),  13 Pending Sales (down 6 from June), and 15 Closed Sales in June (down 1 from June).  Average Sales Price to List Price Ratio was 100%.

If you compare July 2018 with July 2017 in Topsham, this is what you see:

  • July 2018 Current Listings – 23 vs 15 in July 2017
  • July 2018 Pending Sales – 13 vs. 28 in July 2017
  • July 2018 Sales – 15 vs. 11 in July 2017
  • July 2018 Median Sales Price – $244,000 vs. $207,000 in July 2017

If you plan to buy or sell a home in Topsham, call Maine Home Realty today!

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Brunswick, Maine – July 2018 Real Estate Market Report

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In July Brunswick’s Real Estate market remained about the same for Active listings from 69 in June down to 66 in July. This amount of inventory has been helpful for the Brunswick buyers as they look around and shop over the summer. As we head into the fall, we would expect the inventory to continue to decrease slightly giving buyers less Active properties to consider. The Pending Sales remained strong at 29 in July compared to 36 in June. The Sold [properties also remained strong at 24 for July compared to 28 in June. This is a good sign as we progress through the summer lull that buyers are still out hunting and the summer busy season and heat is not slowing them down in Brunswick.

July ended with 66 Current Listings  (down 3 from June),  29 Pending Sales (down 7 from June), and  24 Closed Sales (down 4 from June). Average Sales Price to List Price Ratio was 102.8for July!

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

  • July 2018 Current Listings – 66 vs 67 in July 2017
  • July 2018 Pending Sales – 29 vs. 35 in July 2017
  • July 2018 Sales – 24 vs. 36 in July 2017
  • July 2018 Median Sales Price – $310,000 vs. $249,500 in July 2017

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

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Bath, Maine – July 2018 Real Estate Market Report

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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!

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Topsham, Maine – June 2018 Real Estate Market Report

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The Topsham Real Estate Market Report for June shows us that Topsham still remains the town with the lowest amount of inventory when comparing to Bath and Brunswick. The demand to live in Topsham is high and it seems for every house that comes on the market one goes under agreement only to be sold shortly later. Topsham continues to be a tough town to find affordability. The average price per square foot continues to rise making it even tougher for buyers to get what they want in the purchase. Sellers are having a field day in Topsham, if you plan to sell list a little over market value and the buyers will still come flocking to your home with offers. Sellers can expect multiple offer situations as long as what you have is attractive to a large pool of buyers and you don’t go overboard and price yourself out of the market. How long will this trend last?!

June ended with  23 Current Listings (down 2 from May),  19 Pending Sales (down 3 from May), and 16 Closed Sales in June (up 8 from May).  Average Sales Price to List Price Ratio was 99%.

If you compare June 2018 with June 2017 in Topsham, this is what you see:

  • June 2018 Current Listings – 23 vs 17 in June 2017
  • June 2018 Pending Sales – 19 vs. 24 in June 2017
  • June 2018 Sales – 16 vs. 21 in June 2017
  • June 2018 Median Sales Price – $283,750 vs. $231,000 in June 2017

If you plan to buy or sell a home in Topsham, call Maine Home Realty today!

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