Dayton Area Home Sales for October 2014

image004Dayton Area Home Sales for October 2014

Sales of single-family and condo units reported by the Dayton Area Board of REALTORS® in October saw gains in sales prices and, for the first time since January, an increase in the number of transactions. In fact, the numbers were positive in all the main statistical categories.

October’s average sales price totaled $134,892, exceeding last year’s monthly figure by well over fourteen percent. It was also the highest average price for October since 2005. The median price also fared well at $114,900, up 15 percent from last year.

The 1,238 sales for October marked a 6.5 percent improvement over October 2013 sales, producing a cumulative sales volume of over $166.9 million, up almost 22 percent from last year.

October’s showing also continued to improve the year-to-date numbers. The January-October average sales price increased over 6 percent to $133,864, while the median price also ticked up 6.48 percent to $115,000. The cumulative sales price also bumped up 3.4 percent to $1.5 billion.

Listings submitted in the month of October still reflect the tighter inventory in the housing market that has been seen all year, with 1,765 entries, relatively unchanged from October 2013’s 1,751. For the January-October period, 19,377 listings were entered, down from last year’s 20,371 listings.

The overall active MLS single-family and condominium inventory of available listings at the end of October stood at 6,205 and represented a 5 months’ supply of listings based on October’s resale rate.

 

    OCTOBER 2014 – MLS RESIDENTIAL SALES SUMMARY
2014 2013 % Change
Single-Family Listings 1765 1751 0.80%
Solds 1238 1162 6.54%
Total Sale Price $166,996,832 $136,944,320 21.95%
% Sale/List Price 96.11 95.34 0.81%
Median Sales Price $114,900 $99,900 15.02%
Average Sales Price $134,892 $117,852 14.46%

Dayton Area Home Sales for September 2014

image004Statistics are important because they tell us where we have been and possibly where we are headed.  Below are the most recent statistics as reported by the Dayton Area Board of Realtors.  Review and let us know your thoughts.  As always we are here to answer any questions.  Contact us at 937-667-1950 or at info@AmlinAdvantage.com

 

Dayton Area Home Sales for September 2014

Single-family and condominium sales reported by the Dayton Area Board of Realtors Multiple Listing Service reached a sales volume of $157 million in September, nearly a six percent improvement over sales that occurred during the same month in 2013. The number of sales was down three percent to 1,155, continuing the trend from previous months. This small slowdown didn’t hurt prices, however, with the average sale price reaching $136,044 and the median price $117,000, both increases of well over nine percent from last September.

Sales year-to-date through September reached 9,914, down 3.8 percent compared to the same period in 2013 when 10,308 properties closed. Total dollar volume through nine months hit $1.3 billion, a one percent increase from the nine-month period last year.

The year-to-date average sale price and median sale price posted respectable gains as well. The average price totaled $133,745 while the median price came in at $115,000, each gains of five percent.

Single-family and condominium listing entries totaled 1,854 in September, relatively unchanged over September 2013. Listings through the nine-month period totaled 17,624, down five percent over the same 2013 time period.

The overall MLS inventory at month’s end showed 6,400 active properties available for sale, which translated to a supply of 5.5 months based on September’s resale rate. Last year at the same time the inventory was higher at 7,403 available listings, producing a higher supply ratio of 6.2 months.

 

    SEPTEMBER 2014 – MLS RESIDENTIAL SALES SUMMARY
2014 2013 % Change
Single-Family Listings 1854 1867 -0.70%
Solds 1155 1192 -3.10%
Total Sale Price $157,130,438 $148,349,729 5.92%
% Sale/List Price 96.26 96.16 0.10%
Median Sales Price $117,000 $106,450 9.91%
Average Sales Price $136,044 $124,454 9.31%

Dayton Area Home Sales for June 14

image004Sales of single-family and condominium units reported by the Dayton Area Board of Realtors in June totaled 1,288, fifty-seven more than May’s tally, representing a new high water mark for sales so far this year. This figure is indicative of the other figures in that they are relatively unchanged from last year.

June’s transactions produced a cumulative sales volume of over $183.4 million, which translated to an average sale price of $142,407 and a median price of $124,000. Again, these figures are nearly identical to the same time period in 2013.

June’s showing topped off a first half of 2014 which saw 6,142 sales transactions of single-family homes and condominiums take place, compared to 6,290 during the first half of 2013, a 2.35% decrease.

A cumulative sales volume of $790.8 million brought the average sale price to $128,758 and the median sale price to $110,000 for the six-month period. These were increases of 3.4% and 4.2%, respectively.

The sale-to-list percentage during the first half was 96.27%, compared to 95.58% during the same period last year, a jump of almost 1%.

Listings submitted in the month of June reflected the tighter inventory in the housing market, with 2,262 entries, a 1.78% decrease over June 2013’s 2,303. For the January-June period, 11,634 listings were entered, a down 6.25% from the same period last year.

The overall active MLS single-family and condominium inventory of available listings at the end of June stood at 6,525, up from May’s total of 6,135, and represented a 5 months’ supply of listings based on June’s resale rate.

 

    JUNE 2014 – MLS RESIDENTIAL SALES SUMMARY
2014 2013 % Change
Single-Family Listings 2262 2303 -1.78%
Solds 1288 1292 -0.31%
Total Sale Price $183,419,750 $183,836,069 -0.23%
% Sale/List Price 96.83 96.09 0.77%
Median Sales Price $124,000 $124,000 0.00%
Average Sales Price $142,407 $142,288 0.08%

Dayton Area Home Sales for April 2014

image004Sales of single-family and condominiums reported in April by the Dayton Area Board of REALTORS® totaled 1049, the highest figure yet this year. This was down just over three percent compared to April 2013. Despite tighter inventory than last year, sales have held close to 2013 numbers.

Sales volume generated by April’s activity totaled $141.2 million, leading to an average sale price of $134,640 and a median sale price of $118,000. All these figures posted increases from last year: sales volume up almost 5 percent; average price up 8.5 percent; and median price up nearly 11 percent.

The first four months of 2014 saw increases over the previous year in prices and small declines in sales. Through April, sales reached an even 3,562, a 3% drop from 2013 when 3,674 transactions occurred over the same period.

Sales volume showed $427 million in sales transactions so far in 2014, less than a one percent change from 2013. The average sale price year-to date stood at $119,890 and represented a 2.3% jump over 2013’s year-to-date numbers. The median sale price also grew, from $96,600 in 2013 to $99,900 through April 2014, a 3.4% increase.

There were 2,275 new listings added in April, down 5.5 percent from last year’s 2,409, while year-to-date listings tallied 7,146, a 6.8% decline from the 7,669 submitted through April last year.

The overall MLS inventory of single-family and condominium listings showed 5,621 available at month’s end, which represented a supply of 5.3 months based on April’s pace of sales.

 

    APRIL 2014 – MLS RESIDENTIAL SALES SUMMARY
2014 2013 % Change
Single-Family Listings 2275 2409 -5.56%
Solds 1049 1085 -3.32%
Total Sale Price $141,237,157 $134,632,598 4.91%
% Sale/List Price 96.20 95.56 0.67%
Median Sales Price $118,000 $106,500 10.80%
Average Sales Price $134,640 $124,085 8.51%

Dayton Area Home Sales for March 2014

image004Single-family and condominium sales reported by the Dayton Area Board of Realtors Multiple Listing Service totaled 933 in March, down 4.5 percent from sales that occurred during the same month in 2013. Sales volume reached $110.7 million in March, bringing the average sale price to $118,732 and the median price to $96,000. The average price was down slightly from last year (1.63%), while the median price dipped 5.4 percent from last March.

Sales year-to-date through March reached 2,473, a reduction of 3 percent compared to the same period in 2013 when 2,551 properties closed. Total dollar volume through the first quarter hit $280.7 million, a 3.9 percent decrease from the three-month period last year.

The year-to-date average sale price and median sale price posted small declines as well. The average price totaled $113,544 while the median price came in at $90,100, down 0.85 percent and 3.6 percent, respectively.

Single-family and condominium listing entries totaled 2,050 in March, a 1 percent increase over March 2013. Listings through the three-month period totaled 4,862, down 7.7 percent over the same 2013 time period.

The overall MLS inventory at month’s end showed 6,836 active properties available for sale, which translated to a supply of 7.3 months based on March’s resale rate. Last year at the same time the inventory was lower at 6,644 available listings, producing a smaller supply ratio of 6.8 months.

 

    MARCH 2014 – MLS RESIDENTIAL SALES SUMMARY
2014 2013 % Change
Single-Family Listings 2050 2030 0.99%
Solds 933 977 -4.50%
Total Sale Price $110,776,984 $117,924,821 -6.06%
% Sale/List Price 96.04 95.62 0.44%
Median Sales Price $96,000 $101,500 -5.42%
Average Sales Price $118,732 $120,701 -1.63%

Dayton Area Home Sales for February 2014

100-banner_topSales activity of single-family homes and condominiums, as reported by the Dayton Area Board of Realtors, fell 6.5 percent in February from the level posted during the month a year ago. 754 transactions were reported to the Multiple Listing Service in February, compared to 807 a year earlier.

The bitter cold and near-continuous snowfall during February kept many consumers indoors and away from home shopping. These factors influenced not only the number of sales, but also the dollar volume. A cumulative sales volume of $85.5 million couldn’t hurdle the $89.9 million volume from last February in a year-over-year comparison.

The bright spots in an otherwise cloudy February were the median and average home prices. The median price landed at $90,302, a 2.6 percent increase, while the average price rose to $113,497, a 1.8 percent increase.

The percentage of list/sale price also posted a slight increase, from 94.9 percent last February to 95.4% this year. Entries of single-family homes and condominiums during February dropped 2 percent compared to last year.

The overall total of active listings for sale in the MLS inventory at month’s end stood at 5,942, down 363 units compared to the inventory at same point in time in 2013. The supply of listings, based on February’s pace of sales, was 7.8 months, unchanged from the same period a year ago.

 

    FEBRUARY 2014 – MLS RESIDENTIAL SALES SUMMARY

2014

2013

% Change

Single-Family Listings

1581

1618

-2.29%

Solds

754

807

-6.57%

Total Sale Price

$85,576,789

$89,958,098

-4.87%

% Sale/List Price

95.49

94.99

0.53%

Median Sales Price

$90,302

$88,000

2.62%

Average Sales Price

$113,497

$111,472

1.82%

Dayton Area Home Sales for September 2013

image004Single-family and condominium sales reported by the Dayton Area Board of Realtors Multiple Listing Service totaled 1,192 in September, a 21% improvement over sales that occurred during the same month in 2012. Sales volume reached $148.3 million in September, bringing the average sale price to $124,454, and the median price to $106,450. The average price was virtually unchanged from last year, while the median price saw a small 2.34% drop from last September.

Sales year-to-date through September reached 10,308, an impressive 18.1% increase compared to the same period in 2012 when 8,727 properties closed. Total dollar volume through nine months hit $1.3 billion, a 21% increase from the nine-month period last year.

The year-to-date average sale price and median sale price posted respectable gains as well. The average price totaled $126,832 while the median price came in at $109,000, gains of 3.13% and 3.91%, respectively.

Single-family and condominium listing entries totaled 1,867 in September, an 18.5% increase over September 2012. Listings through the nine-month period totaled 18,622, a 9% gain over the same 2012 time period.

The overall MLS inventory at month’s end showed 7,403 active properties available for sale, which translated to a supply of 6.2-months based on September’s resale rate. Last year at the same time the inventory was higher at 7,494 available listings, producing a higher supply ratio of 7.6-months.

Single-family and condominium listing entries totaled 2,063 in August, a 6.45% increase over August 2012. Through the month of August the MLS saw 16,767 properties added to the system, compared to 15,454 last year, an 8.5% increase.

The overall MLS inventory at month’s end showed 7,614 active properties available for sale, which translated to a supply of 5.7-months based on Augusts’ resale rate, a slightly faster rate of sale than the 5.8-months supply in July. Last year at the same time the inventory was higher at 7,765 available listings. This, coupled with a slower resale rate, produced a higher supply ratio which stood at 6.9-months.

 

    SEPTEMBER 2013 – MLS RESIDENTIAL SALES SUMMARY

2013

2012

% Change

Single-Family Listings

1867

1576

18.46%

Solds

1192

983

21.26%

Total List Price

$154,271,739

$128,272,162

20.27%

Total Sale Price

$148,349,729

$122,419,253

21.18%

% Sale/List Price

96.16

95.44

0.75%

Median Sales Price

$106,450

$109,000

-2.34%

Average Sales Price

$124,454

$124,536

-0.07%

 

View Dayton Area Home Sales Chart

View Dayton Area Homes Average Price Chart

Dayton Area Home Sales for June 2013

image004

The market is HOT and it is not just because it is summertime!  This press release and statistics released by the Dayton Area Board of Realtors goes over the state of the current market in the area.  Please review and let us know if you have any questions.  Additionally if you are ready to add your home to the LONG list of SOLD homes in the area – contact us today!

 

Sales of single-family and condominium units reported by the Dayton Area Board of Realtors in June totaled 1,258, 34 more than May’s tally, representing a new high water mark for sales so far this year. This figure compares to 1,039 a year earlier, an impressive 24% jump. This is also the most sales for June since 2007, just before the economic downturn began.

 

June’s transactions produced a cumulative sales volume of over $183.8 million, which translated to an average sale price of $142,288, 9.27% higher than last June’s $130,211, and represented the highest monthly sales price since June of 2008. The median sales price was $124,000, a 10.2% increase compared to June 2012.

 

June’s robust showing topped off an excellent first half of 2013, which saw 6,290 sales transactions of single-family homes and condominiums take place, compared to 5,412 during the first half of 2012, a 16.2% increase.

 

A cumulative sales volume of over $783 million brought the average sale price to $124,497 and the median sale price to $105,500 for the six-month period. These were increases of 4% and 7%, respectively.

 

The percentage sale/list during the first half was 95.58%, compared to 94.78% during the same period last year, a jump of 0.84%.

 

Listings submitted in the month of June were up year-over-year with 2,303 entries, a 12.8% increase over June 2012’s 2,042. This was the third straight month of increases in listing entries compared to 2012, as activity for both listings and sales seemed to be picking up steam.

 

For the January-June period, 12,410 listings were entered, a 7.22% jump compared to the 11,574 entered during the same period last year.

 

The overall active MLS single-family and condominium inventory of available listings at the end of June stood at 7,651, up from May’s total of 7,382, and represented a 5.95 months’ supply of listings based on June’s resale rate.

 

Last year at the same time the inventory stood at 7,936 active listings, about 3.6% more than this year, and the supply ratio then showed 7.63-months’ of available listings, when the resale rate was considerably lower.

 

    JUNE 2013 – MLS RESIDENTIAL SALES SUMMARY

       
 

2013

2012

% Change

       
Single-Family Listings

2303

2042

12.78%

       
Solds

1292

1039

24.35%

Total List Price

$191,311,239

$141,920,514

34.80%

Total Sale Price

$183,836,069

$135,159,398

36.01%

% Sale/List Price

96.09

95.24

0.89%

Median Sales Price

$124,000

$112,500

10.22%

Average Sales Price

$142,288

$130,211

9.27%

 

 

 

View Dayton Area Home Sales Chart

 

View Dayton Area Homes Average Price Chart