Dayton Area Home Sales for July 2019

Dayton Area Home Sales for July 2019

Bob Jones General News, Home Sales, Press Release

Sales of single-family and condominium units reported by Dayton REALTORS® in July saw more gains in sales prices. Although down from June’s all-time high, both the average sales price and median sales price improved over last year.

July’s average sales price totaled $188,950, knocking last year’s figure out of the way by ten percent. The median price also fared well at $165,000, up twelve percent from last year.

The 1,668 sales for July – up over three percent – produced a cumulative sales volume of over $315 million, an increase of thirteen percent over last year.

July’s showing also continued to improve the year-to-date numbers. The January-July average sales price increased over six percent to $176,260, while the median price ticked up over seven percent to $150,500. The cumulative sales price also jumped seven percent to $1.66 billion.

For the second month in a row, listings submitted in the month declined, with 2,047 entries, a one percent drop from July 2018’s 1,612. For the January-July period, 12,586 listings were entered, down from last year by two percent.

The overall active MLS single-family and condominium inventory at the end of July stood at 3,746 and represented a 2.2 months’ supply of listings based on July’s resale rate.

 

          JULY 2019 – MLS SINGLE-FAMILY & CONDO SALES
2019 2018 % Change
New Listings 2047 2067 -0.97%
Solds 1668 1612 3.47%
Total Sale Price $315,168,484 $276,752,628 13.88%
% Sale/List Price 99.70 98.80 0.91%
Median Sale Price $165,000 $147,000 12.24%
Average Sales Price $188,950 $171,683 10.06%

 

       JAN – JULY 2019 – MLS SINGLE-FAMILY & CONDO SALES
2019 2018 % Change
New Listings 12586 12936 -2.71%
Solds 9474 9444 0.32%
Total Sale Price $1,669,882,543 $1,560,648,125 7.00%
% Sale/List Price 98.7 98.6 0.10%
Median Sale Price $150,500 $140,500 7.12%
Average Sales Price $176,260 $165,253 6.66%