Dayton Area Home Sales for July 2015
Dayton Area Home Sales for July 2015
Sales of single-family and condominium units reported by the Dayton Area Board of Realtors in July saw more gains in sales prices. Although down from June’s all-time high, both the average sales price and number of sales were the best-ever July figures recorded in the Dayton area.
July’s average sales price totaled $148,552, exceeding last year’s monthly figure by just over one percent. The median price also fared well at $129,900, up 2 percent from last year.
The 1,547 sales for July – up 22.6 percent even as inventory remains tight – produced a cumulative sales volume of over $229.8 million, an increase of 24 percent from last year.
July’s showing also continued to improve the year-to-date numbers. The January-July average sales price increased seven percent to $141,153, while the median price ticked up 6.6 percent to $120,000. The cumulative sale price also jumped nearly 20 percent to $1.1 billion.
Listings submitted in the month of July still reflect a fairly tight inventory in the housing market, with 2,198 entries, a one percent increase over July 2014’s 2,168. For the January-July period, 14,222 listings were entered, up from last year’s 12,828 listings.
The overall active MLS single-family and condominium inventory of available listings at the end of July stood at 5,946 and represented a 3.8 months’ supply of listings based on July’s resale rate.
JULY 2015 – MLS RESIDENTIAL SALES SUMMARY | |||
2015 | 2014 | % Change | |
Single-Family Listings | 2198 | 2168 | 1.38% |
Solds | 1547 | 1261 | 22.68% |
Total Sale Price | $229,809,672 | $184,790,934 | 24.36% |
% Sale/List Price | 96.88 | 96.20 | 0.71% |
Median Sales Price | $129,900 | $126,900 | 2.36% |
Average Sales Price | $148,552 | $146,543 | 1.37% |
YEAR TO DATE JAN-JULY 2015 – MLS RESIDENTIAL SALES SUMMARY | |||
2015 | 2014 | % Change | |
Single-Family Listings | 14222 | 12828 | 10.87% |
Solds | 8334 | 7456 | 11.78% |
Total Sale Price | $1,176,367,492 | $982,355,897 | 19.75% |
% Sale/List Price | 96.62 | 96.26 | 0.37% |
Median Sales Price | $120,000 | $112,500 | 6.67% |
Average Sales Price | $141,153 | $131,754 | 7.13% |
Leave a Reply
Want to join the discussion?Feel free to contribute!