Sales of single-family homes and condominiums, as reported by Dayton Realtors, started off the new year in positive territory. 1,020 transactions were reported to the Multiple Listing Service in January, besting last January by ten percent.
A cumulative sales volume of $196.9 million was a twenty-five percent jump in a year-over-year comparison. The average sale price for January increased to $193,116, up over thirteen percent from last January, and a median sale price likewise improved, settling at $162,500, also up over thirteen percent from last year.
Entries of single-family homes and condominiums during the first month of 2021 decreased sixteen percent compared to last year, with 1,133 new listings added in January. Combined with the already low supply of available listings, January’s pace of sales was less than two months.
|JANUARY 2021 – MLS SINGLE-FAMILY & CONDO SALES|
|Total Sale Price||$196,978,619||$157,545,696||25.03%|
|% Sale/List Price||99.8||97.9||1.94%|
|Median Sale Price||$162,500||$142,750||13.84%|
|Average Sales Price||$193,116||$169,769||13.75%|