Monday Market Report: Dayton Ohio, December

January 12th, 2009

 

Year # Sold Avg List Price Avg Sale Price % List/Sale Price Avg DOM
2008 138 $32,433 $28,227 87% 126
2007 141 $52,439 $48,337 92% 141
2006 170 $49.605 $46,560 93% 105

 
This real estate market report is for the City of Dayton for December, but most specifically areas in the Multiple Listing Service that are served by Dayton Public Schools. I’ve broken the market reports into school districts because that is a very typical determining factor for buyers. I should also add that this represents single family residences only.

Information has been culled, by me, from the Dayton Area Board of Realtors Multiple Listing Service, and should be considered a general snapshot, rather than exact numbers. Reporting inaccuracies will occur, but this is a good way to get a sense of what is happening. There are neighborhoods where the average sale price will vary wildly from this, so contact me for details about your specific neighborhood.

I’d be happy to discuss this in detail with you, just give me a call, 937.478.7781, or an email, Teri(at)TheBrickRanch.com, and let’s talk!

2 Comments »

  1. Patric H. says

    Wow, the list and sale prices have really gone down since 2006. That is a pretty considerable decline, how has it effected the market as a whole in your area and what would you say is the cause for the drop. I wouldn’t guess that this is any relation to the current market conditions, given that it started declining two years ago, but what do you think?

    January 19th, 2009 | #

  2. Teri Lussier says

    Hi Patric-

    Dayton Ohio has been ahead of the country in terms of the housing market. We have been losing jobs for the past decade, which has affected some areas way more than other areas. The core city of Dayton is the hardest hit, and that’s what you are looking at in this report- this is the city core.

    There are pockets within the city- historic districts that have weathered this better than the general city of Dayton. That’s why it’s imperative to ask for details and particulars when looking at a neighborhood. One block can make thousands of dollars difference.

    January 19th, 2009 | #

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