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

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