Dayton Area Home Sales for January 2010
The year 2010 opened with year-over-year single-family average property values increasing for the seventh straight month. The average price for January came in at $112,643, up 9% over last January’s $103,323.The median sales price was $90,000, an even more impressive year-over-year increase of 20% over January 2009’s $75,000 median.
These figures were generated from 520 single-family sales, identical to last year’s total for January, and from a sales volume of over $58.4 million, a healthy 8.81% increase over last year’s $53.7 million.
When condominiums are included in the residential count, our January total did surpass last year’s by 3.57%, due to a jump from 22 to 41 condo sales for the month. The percentage of sale/list price was 94.57%, an unusually high jump of 2.18% compared to last January’s 92.55%.
Single-family listings submitted in January jumped to 1,727, up from December’s 1,246, and represented a 1.58% increase over last year’s 1,700 listings during the same month. This was the highest monthly listing total since last September.
The overall single-family MLS inventory stands at 7,835, and represents a supply of 15 months based on the slow seasonal pace of sales. Last year, at the same time, with the same sales pace, and a higher inventory level of 8,303 listings, the supply was 16 months.
JANUARY 2010 - MLS SINGLE-FAMILY SALES SUMMARY |
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| 2010 | 2009 | % Change | |
| Single-Family Listings | 1727 | 1700 | 1.58% |
| Solds | 520 | 520 | 0.00% |
| Total List Price | $61,818,946 | $58,051,020 | 6.49% |
| Total Sale Price | $58,461,783 | $53,727,948 | 8.81% |
| % Sale/List Price | 94.57 | 92.55 | 2.18% |
| Median Sales Price | $90,000 | $75,000 | 20.00% |
| Average Sales Price | $112,643 | $103,323 | 9.02% |
Statistics compiled by John Junker, MLS Data Specialist