Sales of single-family homes and condominiums reported in April by the Dayton Area Board of REALTORS® totaled 1225, the highest figure yet this year. This was up almost seventeen percent compared to April 2014.
Sales volume generated by April’s activity totaled $164.8 million, leading to an average sale price of $134,575. This figure was relatively unchanged from April 2014, while the median sale price of $114,900 saw a small two percent dip compared to last year’s figures.
The first four months of 2015 saw increases over the previous year in prices and in sales. Through April, sales reached 3,772, a six percent increase from 2014 when 3,562 transactions occurred over the same period.
Sales volume showed $489 million in sales transactions so far in 2015, an impressive 14.5 percent change from 2014. The average sale price year-to date stood at $129,626 and represented an eight percent jump over 2014’s year-to-date numbers. The median sale price also grew, from $99,900 in 2014 to $110,000 through April 2015, a 10% increase.
There were 2,387 new listings added in April, up five percent from last year’s 2,275, while year-to-date listings tallied 7,448, a 4% increase from the 7,146 submitted through April last year.
The overall MLS inventory of single-family and condominium listings showed 5,476 available at month’s end, which represented a supply of 4.5 months based on April’s pace of sales.
|APRIL 2015 – MLS RESIDENTIAL SALES SUMMARY|
|Total Sale Price||$164,854,356||$141,237,157||16.72%|
|% Sale/List Price||96.31||96.20||0.11%|
|Median Sales Price||$114,900||$118,000||-2.63%|
|Average Sales Price||$134,575||$134,640||-0.05%|
|YEAR TO DATE JAN-APR 2015 – MLS RESIDENTIAL SALES SUMMARY|
|Total Sale Price||$488,947,816||$427,047,057||14.50%|
|% Sale/List Price||96.08||95.88||0.21%|
|Median Sales Price||$110,000||$99,900||10.11%|
|Average Sales Price||$129,626||$119,890||8.12%|