Bath Maine Real Estate January 2009

The coastal Maine real estate markets are slow and staying that way for the time being. Homes in Bath Maine are selling extremely slowly as for the entire month of January only 2 residential properties traded hands as an average sales price of 137K, down 4% from a year prior’s average home sold price of 141K.  The days on market continue to lengthen and clocked in at 154 in January.  Inventories have fallen slightly. Currently there are 100 properties for sale in Bath compared with 105 in December.