Dayton Area Home Sales for June 2015
Sales of single-family and condominium units reported by the Dayton Area Board of Realtors in June totaled 1,576, a 22% increase over the June 2014 sales. Both the number of sales and average sales price were the highest monthly figures ever on record for the Dayton area.
June’s transactions produced a cumulative sales volume of over $241 million (up 31%), which translated to an average sale price of $152,975 and a median price of $126,450. These figures are up 7% and 2%, respectively, from the June 2014 numbers.
June’s showing topped off a first half of 2015 which saw 6,761 sales transactions of single-family homes and condominiums take place, compared to 6,142 during the first half of 2014, a 9.79% increase.
A cumulative sales volume of $940.2 million brought the average sale price to $139,440 and the median sale price to $118,500 for the six-month period. These were increases of 8.3% and 7.7%, respectively.
The sale-to-list percentage during the first half was 97.1%, compared to 96.83% during the same period last year, showing little change year-over-year.
Listings submitted in the month of June reflected the tighter inventory in the housing market, with 2,335 entries, a 3% increase over June 2014’s 2,262. For the January-June period, 12,036 listings were entered, up 3.4% from the same period last year.
The overall active MLS single-family and condominium inventory of available listings at the end of June stood at 6,006, up from May’s total of 5,855, and represented a 3.8 month supply of listings based on June’s resale rate.
JUNE 2015 – MLS RESIDENTIAL SALES SUMMARY | |||
2015 | 2014 | % Change | |
Single-Family Listings | 2335 | 2262 | 3.23% |
Solds | 1576 | 1288 | 22.36% |
Total Sale Price | $241,088,866 | $183,419,750 | 31.44% |
% Sale/List Price | 97.10 | 96.83 | 0.28% |
Median Sales Price | $126,450 | $124,000 | 1.98% |
Average Sales Price | $152,975 | $142,407 | 7.42% |
YEAR TO DATE JAN-JUNE 2015 – MLS RESIDENTIAL SALES SUMMARY | |||
2015 | 2014 | % Change | |
Single-Family Listings | 12036 | 11634 | 3.46% |
Solds | 6743 | 6142 | 9.79% |
Total Sale Price | $940,244,452 | $790,834,218 | 18.89% |
% Sale/List Price | 96.57 | 96.27 | 0.31% |
Median Sales Price | $118,500 | $110,000 | 7.73% |
Average Sales Price | $139,440 | $128,758 | 8.30% |
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