Topsham, Maine – October 2018 Real Estate Market Report

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The Topsham Real Estate Market Report for October shows us that Topsham remains the town with the lowest amount of Active Listings when comparing to Bath and Brunswick. This has been the trend all year and Topsham ends October with only 23 Active Listings available for buyers to consider. This amount is down 2 when comparing to September. The Pending Sales dipped a bit from 16 in September to 11 in October, but, I bet Topsham would see more Pending Sales if the Active Listings increased. The Sold Properties increased from 8 in September to 13 in October giving Topsham the feel that no matter what comes on the market it will be Sold in a short amount of time. Topsham’s average list price to sales price for October closed out at 101% telling us that properties are still selling above the list price which is great news for sellers but bad news for buyers. If you want to buy in Topsham be ready! The market does not offer a ton of options to pick from so when the right property comes on the market be ready to move quickly and also be ready to compete with other buyers in multiple offer situations.

October ended with  23 Current Listings (down 2 from September),  11 Pending Sales (down 5 from September), and 13 Closed Sales in October (up 5 from September).  Average Sales Price to List Price Ratio was 101%.

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

  • October 2018 Current Listings – 23 vs 27 in October 2017
  • October 2018 Pending Sales – 11 vs. 27 in October 2017
  • October 2018 Sales – 13 vs. 13 in October 2017
  • October 2018 Median Sales Price – $272,000 vs. $169,900 in October 2017

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

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Brunswick, Maine – October 2018 Real Estate Market Report

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In October Brunswick’s Real Estate market saw an increase in Active Listings from 66 in September up to 72 in October. This might not sound like much but buyers could use all the extra inventory they can get in Brunswick’s hot real estate market. The Pending Sales dipped from 36 in September down to 22 in October showing us that business is still full steam ahead as we start to look at the fall numbers. The Sold Properties also remained strong with 36 total for October trending the same from September. Brunswick remains the staple of our region with the largest amount of sales when comparing to Topsham and Bath. The town of Brunswick still has a very large draw and with all the converted ex-military housing that has slowly trickled into the market, it still remains a great buy for all price ranges. With it’s great downtown, college draw, train station and a great community, Brunswick offers a little bit of something for everyone!

October ended with 72 Current Listings  (up 6 from September),  22 Pending Sales (down 14 from September), and  36 Closed Sales (same from September). Average Sales Price to List Price Ratio was 99for October.

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

  • October 2018 Current Listings – 72 vs 64 in October 2017
  • October 2018 Pending Sales – 22 vs. 28 in October 2017
  • October 2018 Sales – 36 vs. 25 in October 2017
  • October 2018 Median Sales Price – $273,450 vs. $220,000 in October 2017

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

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Bath, Maine – October 2018 Real Estate Market Report

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In October Bath’s Real Estate market remained about the same for Active Listings only decreasing by three from 42 to 39 when comparing to September.  The Pending Sales decreased by five from 16 in September to 11 for the month of October. The Sold Properties increased by seven from 9 in September up to a total of 16 for October. The inventory remains steady giving buyers options to consider as we head into the long and cold Maine winter, and yes it is coming quick! With predicted record lows for the Holiday please make sure to stay warm and also keep an eye on a friend or neighbor in need. We must also remember to give our small Bath business owners some attention during the shopping season. They are what make our downtown strong and the community a unique place for all of us to call home.

October ended with 39 Current Listings  (down 3 from September),  11 Pending Sales (down 5 from September), and  16 Closed Sales (up 7 from September). Average Sales Price to List Price Ratio was 97% for October.

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

  • October 2018 Current Listings – 39 vs 43 in October 2017
  • October 2018 Pending Sales – 11 vs. 23 in October 2017
  • October 2018 Sales – 16 vs. 15 in October 2017
  • October 2018 Median Sales Price – $275,750 vs. $170,000 in October 2017

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

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Topsham, Maine – September 2018 Real Estate Market Report

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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!

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Brunswick, Maine – September 2018 Real Estate Market Report

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Fall Garden at Brunswick Landing

In September Brunswick’s Real Estate market saw a large decrease in Active Listings from 82 in August down to 66 in September. The Brunswick market seems to be full steam ahead as we look at the Fall numbers for September. The Pending Sales remained very strong with 36 for September, a decrease of 10 when comparing to August. The Sold Properties also remained strong with 36 for September, only a decrease of 4 when comparing to August. Brunswick still remains a very hot market for sellers and a tough market for buyers. The average price per square foot for the month when looking at the sold data shows us that Brunswick is averaging $164.00 per square foot!

September ended with 66 Current Listings  (down 16 from August),  36 Pending Sales (down 10 from August), and  36 Closed Sales (down 4 from August). Average Sales Price to List Price Ratio was 99for September.

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

  • September 2018 Current Listings – 66 vs 72 in September 2017
  • September 2018 Pending Sales – 36 vs. 26 in September 2017
  • September 2018 Sales – 36 vs. 31 in September 2017
  • September 2018 Median Sales Price – $279,550 vs. $295,000 in September 2017

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

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Bath, Maine – September 2018 Real Estate Market Report

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In September Bath’s Real Estate market remained about the same for Active Listings only decreasing by one from 43 to 42 when comparing to August.  The Pending Sales increased by 3 from 13 to 16 from August’s numbers. The Sold Properties decreased by 10 from 19 down to 9 from August. The market remains strong as we head into the colder months here in Maine. The inventory remains steady giving buyers options to consider before we head into the long and cold Maine winter. The question will be how does the inventory look over winter and as we head into spring next year? Will it start to increase or will we see another year like we did this year with positive news for sellers?

September ended with 42 Current Listings  (down 1 from August),  16 Pending Sales (up 3 from August), and  9 Closed Sales (down 10 from August). Average Sales Price to List Price Ratio was 98% for September.

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

  • September 2018 Current Listings – 42 vs 45 in September 2017
  • September 2018 Pending Sales – 16 vs. 21 in September 2017
  • September 2018 Sales – 9 vs. 17 in September 2017
  • September 2018 Median Sales Price – $187,500 vs. $180,000 in September 2017

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

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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 August (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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