Home Sales Increase by Seven Percent in Dayton for February 2017!

Dayton_Dusk_River.jpgThe Dayton, Ohio region had a 6.74% increase in home sales during February. A mild winter and low mortgage interest rates have lured home buyers to look and purchase homes. Here are the statistics for the region:

February 2017 vs February 2016

  • 66.74% Increase in home sales (855 homes vs 801 homes)
  • 24.44% Increase in sales volume ($121,789,011 vs $97,954,341)
  • 17.13% Increase in median sale price ($126,500 vs $108,000)
  • 15.03% Increase in average sale price ($142,443 vs $124,836)

January-February 2017 vs January-February 2016

  • 3.77% Increase in home sales (1,705 homes vs 1,643 homes)
  • 18.95% Increase in sales volume ($240,748,221 vs $202,397,531)
  • 17.54% Increase in median sale price ($124,000 vs $105,500)
  • 13.51% Increase in average sale price ($141,201 vs $124,399)

Mortgage interest are still low. Many homes on the market are selling quickly. Is it time to sell your home? Look at homes for sale.

Statistics courtesy of: Dayton Association of Realtors Home Sales Report, February 2017