Dayton Area Home Sales for March 2015
Sales of single-family and condominiums reported in March by the Dayton Area Board of REALTORS® totaled 1,033, the highest monthly sales so far this year. This was up just over eleven percent compared to March 2014.
Sales volume generated by March’s activity totaled $139.1 million, leading to an average sale price of $134,658 and a median sale price of $115,000. All these figures posted increases from last year: sales volume up a tiny 0.3 percent; average price up nearly 14 percent; and median price up almost 20 percent.
The first three months of 2015 saw increases over the previous year in prices and sales. Through March, sales reached 2,507, a one percent improvement from 2014 when 2,473 transactions occurred over the same period. Sales volume showed $319.6 million in sales transactions so far, just shy of a fourteen percent change from 2014. The average sale price year-to date stood at $127,491 and represented a 12% jump over 2014’s year-to-date numbers. The median sale price also grew, from $90,100 in 2014 to $108,000 through March 2015, a 19.8% increase.
There were 2,063 new listings added in March, relatively unchanged from last year’s 2,050, while year-to-date listings tallied 5,064, a 4% increase from the 4,862 submitted through March last year.
The overall MLS inventory of single-family and condominium listings showed 5,305 available at month’s end, which represented a supply of 5.1 months based on March’s pace of sales.
MARCH 2015 – MLS RESIDENTIAL SALES SUMMARY | |||
2015 | 2014 | % Change | |
Single-Family Listings | 2063 | 2050 | 0.63% |
Solds | 1033 | 928 | 11.31% |
Total Sale Price | $139,102,124 | $109,814,329 | 26.67% |
% Sale/List Price | 96.30 | 95.99 | 0.32% |
Median Sales Price | $115,000 | $96,000 | 19.79% |
Average Sales Price | $134,658 | $118,334 | 13.79% |
YEAR TO DATE JAN-MAR 2015 – MLS RESIDENTIAL SALES SUMMARY | |||
2015 | 2014 | % Change | |
Single-Family Listings | 5064 | 4862 | 4.15% |
Solds | 2507 | 2473 | 1.37% |
Total Sale Price | $319,618,987 | $280,719,610 | 13.86% |
% Sale/List Price | 95.99 | 95.66 | 0.34% |
Median Sales Price | $108,000 | $90,100 | 19.87% |
Average Sales Price | $127,491 | $113,544 | 12.28% |
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