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|
|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|
|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%|