Home sales prices continue upward climb in Dayton area

Median home sales prices once again showed year-over-year increases in the Dayton area.

The median sale price of a home in the area reached $155,000 last month, a jump of 3.3 percent over the same month of 2018. The average sales price also boosted 4.3 percent to $178,464. More than $284.6 million was spent cumulatively on the 1,595 homes sold, according to a statement from the Dayton Realtors.

»PHOTOS: Local smart home with spa features, tree house on market for nearly $4M

The cumulative sale price growth was 1 percent, despite a 3.1 percent decrease in the number of homes sold from August last year, the release said.

So far this year, the average median home price has increased 6 percent over the first eight months of 2018.

“Tight inventory continued in the Dayton area as listings submitted in the month of August posted a decrease of 7 percent from last year to 1,964 entries,” according to the statement. “For the January-August period, 14,552 listings were entered, down from last year’s 15,054 listings.”

FIVE FAST READS

Starbucks set to open largest coffee store, roastery in November

Kroger launches own line of meatless burgers, plant-based foods

Popular video game store closing up to 200 locations

Kroger, Walmart asks shoppers not to openly carry guns, will allow concealed ones

Target kicks off holiday hiring spree, looking for 130K workers

About the Author