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

 

 

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.