June 2020 Home Sales

Dayton Area Home Sales for June 2020

Bob Jones Home Sales, Press Release

Home sales in the area rebounded after the posted declines in April and May as a result of COVID-19. The solds, volume, and median price increased, and for the first time in the Dayton region’s history, the average sale price climbed over $200,000.

Sales of single-family and condominium units reported by Dayton REALTORS® in June totaled 1,624, an increase of six percent from June 2019 sales. Meanwhile, the average price jumped to a record $205,851 and the median price hit a new high at $178,500, both increases of five percent. The cumulative sales volume reached $334 million, up almost twelve percent from June 2019.

June’s showing topped off a first half of 2020 which saw 7378 sales transactions of single-family homes and condominiums, compared to 7,776 during the first half of 2019, down five percent from last year.

A cumulative sales volume of $1.3 billion dollars (up two percent) brought the average sale price up almost eight percent to $187,003 and the median sale price also up eight percent to $160,800 for the six-month period.

Listings submitted in the month of June continued to reflect the tight inventory in the housing market, with 1,886 entries, a drop of 7.5 percent from June 2019. For the January-June period, 9,471 listings were entered, a 9.75 percent decrease from the same period last year.

 

          JUNE 2020 – MLS SINGLE-FAMILY & CONDO SALES
2020 2019 % Change
New Listings 1886 2041 -7.59%
Solds 1624 1529 6.21%
Total Sale Price $334,301,525 $298,618,817 11.95%
% Sale/List Price 100.00 99.70 0.30%
Median Sale Price $178,500 $170,000 5.00%
Average Sales Price $205,851 $195,303 5.40%

 

  YTD JAN-JUNE  2020 – MLS SINGLE-FAMILY & CONDO SALES  
2020 2019 % Change
New Listings 9471 10494 -9.75%
Solds 7378 7776 -5.12%
Total Sale Price $1,379,708,002 $1,348,494,690 2.31%
% Sale/List Price 99 98.6 0.41%
Median Sale Price $160,800 $149,000 7.92%
Average Sales Price $187,003 $173,418 7.83%