Monthly Archives: May 2011

Dayton Area Home Sales for March 2011

Dayton Area Home Sales for March 2011

While sales of single-family and condominiums were up in the month of March compared to February’s total (805 transactions versus 637 in February), the year-over year comparison shows a market still facing the challenges of economic recovery.  March totals showed a 17.7% decline over last March’s 978 sales. It is worth noting that it was at this time in 2010 when the $8,000 tax credit was in full gear, spurring activity through the first six months of last year.

March sales activity generated $76.2 million in volume with an average sale price of $94,652. The median sale price was $70,550. These figures were down 21.4% and 30.8% respectively from March 2010.

The first quarter sales total has reached 2,030 compared to 2,140 during the same period last year, a much lesser decline of 5.14%. The cumulative sales volume for this period was $206.8 million. The first quarter average came in at $101,877, down 12.5% in year-over-year comparison, and the median was $78,000, down 20%.

March saw 2,382 single-family and condominium listings added to the MLS compared to 2,752 last March, a decline of 13%. A total of 5,781 listings have been added in 2011 through March. Last year’s figure was 10.6% higher at 6,470 listings.

The overall MLS inventory at the close of the third quarter stood at 8,982 listings, or just over an 11-month’s supply based on March’s resale rate. The inventory was up almost 300 units from February’s figure, when 8,686 single-family and condos were available and the supply showed a 13.6-month’s supply, with the February sales pace being slower. Last year at the same time 8,565 listing were available, which represented a supply of 9.2 months.

  2011 2010 % Change
Single-Family Listings 2382 2752 -13.44%
Solds 805 978 -17.69%
Total List Price $81,052,955 $124,008,440 -34.64%
Total Sale Price $76,195,250 $117,771,562 -35.30%
% Sale/List Price 94.01 94.97 -1.01%
Median Sales Price $70,550 $102,000 -30.83%
Average Sales Price $94,652 $120,421 -21.40%

Statistics compiled by John Junker, MLS Data Specialist

Fix the Scratched Countertop for Less Than $1

  • 99-Cent Store Solution #1: Scuffed Countertops

    At HouseLogic, we love to find and share inexpensive solutions to household problems. Our five solutions this week—one a day—don’t even require a trip to your big-box home improvement store—not that we don’t love stocking up at Lowe’s or Home Depot. Instead, pay a call to your 99-cent store. Its aisles are crammed with the inexpensive (and multipurpose) wares to fix what’s ailing. Read

Visit for more articles like this.


Add Eye Candy at Home

  • A Little Eye Candy to Inspire Your Deck Makeover

    Looking for some ideas to jazz up your deck so you and your family can max out summertime fun? With Memorial Day just around the corner, now’s the perfect time to dress up your outdoor living area, or to start planning a brand-new deck. Read

Visit for more articles like this.


10 Tips to Save $$$ – Home Garden

Visit for more articles like this.