Home sales in the Dayton area finished strong in December, according to the Dayton Area Board of Realtors Multiple Listing Service. 1,073 single-family and condominiums sales were reported, an 8.6% increase compared to last December’s 988 sales. Following the same trend as many other months this year, December posted the highest number of sales and average price versus any other December on record.
A sales volume of $144 million was an eight percent improvement over December 2014, producing an average sale price of $135,741 – up 0.5% from last year – and a median price of $108,900 – down 2.8% from last year.
The overall number of available listings at year’s end was 5,550, which calculated to a supply of 5.1 months based on December’s pace of sales. Listing inventory was up from 2014 levels, when 5,202 listings translated as a 5.2 month inventory of available listings.
Adding in December’s figures, the full year 2015 improved over the previous year in all key numbers: average price, median price, solds, and sales volume. Total sales for 2015 reached 14,623, compared to 13,156 in 2014, up over eleven percent. The total cumulative sales volume for the year came in at $2 billion, compared to $1.76 billion in 2014, a 15% jump.
These figures translated into a final average sale price for 2015 of $140,229 and a median sale price of $119,900, each increases of over four percent. The percentage sale/list price also improved slightly from 96.2% in 2014 to 97.2% in 2015.
The number of listing entries for the year totaled 22,293, compared to 21,681 in 2014, an increase of almost 3%, and the inventory on hand hovered around the 5-month supply level for most of the year.
|DECEMBER 2015 – MLS RESIDENTIAL SALES SUMMARY|
|Total Sale Price||$144,156,741||$133,418,336||8.05%|
|% Sale/List Price||96.80||96.90||-0.10%|
|Median Sales Price||$108,900||$112,057||-2.82%|
|Average Sales Price||$135,741||$135,039||0.52%|
|YEAR END 2015 – MLS RESIDENTIAL SALES SUMMARY|
|Total Sale Price||$2,036,966,397||$1,762,039,884||15.60%|
|% Sale/List Price||97.20||96.25||0.99%|
|Median Sales Price||$119,900||$115,000||4.26%|
|Average Sales Price||$140,229||$133,934||4.70%|
Carli Amlin Dean
937-231-7563 – cell/text