Dayton Area Home Sales for August 2015
Sales of single-family and condominium units reported by the Dayton Area Board of REALTORS® in August saw more gains in sales prices. At the same time, the number of homes sold in the Miami Valley surged from 2014 posted figures.
August’s average sales price totaled $145,872, exceeding last year’s monthly figure by two percent. That number couldn’t quite match last month’s high-water mark, but it was still the highest posted August average sales price on record. Meanwhile, the median price saw a small decrease to $124,000, down three percent from last year.
The 1,384 sales for August – up fourteen percent – produced a cumulative sales volume of over $201.8 million, a jump of sixteen percent from last year.
August’s showing also continued to improve the year-to-date numbers. The January-August average sales price increased six percent to $141,804, while the median price ticked up 4.3 percent to $120,000. The cumulative sales price also leaped ahead by nineteen percent to $1.3 billion.
Although tight inventory continues in the Dayton area, listings submitted in the month of August increased over three percent to 2,074 entries. For the January-August period, 16,288 listings were entered, up from last year’s 15,786 listings.
The overall active MLS single-family and condominium inventory of available listings at the end of August stood at 5,991 and represented a 4.3 months’ supply of listings based on August’s resale rate.
AUGUST 2015 – MLS RESIDENTIAL SALES SUMMARY | |||
2015 | 2014 | % Change | |
Single-Family Listings | 2074 | 1997 | 3.86% |
Solds | 1384 | 1214 | 14.00% |
Total Sale Price | $201,886,434 | $173,490,574 | 16.37% |
% Sale/List Price | 96.11 | 96.57 | -0.48% |
Median Sales Price | $124,000 | $128,000 | -3.13% |
Average Sales Price | $145,872 | $142,908 | 2.07% |
YEAR TO DATE JAN-AUG 2015 – MLS RESIDENTIAL SALES SUMMARY | |||
2015 | 2014 | % Change | |
Single-Family Listings | 16288 | 15786 | 3.18% |
Solds | 9764 | 8721 | 11.96% |
Total Sale Price | $1,384,575,263 | $1,163,324,491 | 19.02% |
% Sale/List Price | 96.14 | 96.30 | -0.17% |
Median Sales Price | $120,000 | $115,000 | 4.35% |
Average Sales Price | $141,804 | $133,393 | 6.31% |
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