Every month the Dayton Area Board of Realtors (DABR) crunches through the sales data for the previous month and publishes the stats. They compare monthly sales to the year prior. It’s a nice way to gauge the general and overall real estate health of the Greater Dayton area.
These sales are single-family homes and condominiums reported by the Dayton Area Board of Realtors, in areas that could include everything from the Indiana border to Springfield; Celina to Hamilton, so it’s a very broad picture, so as I say with nearly every post, your community and your neighborhood might tell a very different picture- talk to a real estate agent to find the data that will directly affect your home. Commercial buildings or homes sold outside the Multiple Listing Service are not included.
So how did we do in June?
Brisk sales throughout the first six months of this year produced year-to-date across-the-board improvements over 2011. From January through June, 5,412 transactions were completed, compared to 5,014 during the same period in 2011, an increase of nearly 8%.
That’s sales. What about price?
This activity generated over $647.4 million in total sales volume for the first six months, a very strong 15.8% increase over 2011. The average sale price jumped to $119,657 while the median rose to $98,500, increases of 7.3% and 10.6%, respectively, in a year-over- year comparison.