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Dayton Ohio Real Estate Market Update - Total market overview

Dayton Ohio Real Estate Market Update for January 2008, total market overview.

 

What information on Dayton Ohio real estate is here?

 

This report is for residential single family homes in the greater Dayton Ohio area.  You will learn what is actively being marketed for sale, what actually sold last month, home many homes failed to sell, the number of homes that negotiated contracts but have not closed yet, average and median prices, days on market and more... This is truly a total market for the Dayton Ohio Real Estate Market.

 

January 2008 market activity

  1. Total homes for sale in the greater Dayton Ohio Real Estate market = 9087
  2. Homes that failed to sell in the greater Dayton Ohio Real Estate Market = 1269
  3. Homes pending sale in the greater Dayton Ohio Real Estate Market = 445
  4. Homes that SOLD in the greater Dayton Ohio Real Estate Market = 640
  5. Average list price of all homes sold in the greater Dayton Ohio Real Estate Market = $121,758
  6. Average selling price of all homes SOLD in the greater Dayton Ohio Real Estate Market = $115,987
  7. Median selling price of all homes SOLD in the greater Dayton Ohio Real Estate Market = $95,000
  8. Average % of asking price for all homes SOLD = 95.26%
  9. Average days on the market for all homes SOLD = 122

 

What does all this mean???

Well if you are thinking of selling a home in the Dayton Ohio area, in general, you can expect for it to take approximately 122 to sell and that it will sell for only 95.26% of your asking price.  You also find that there is a supply of over 14 months worth of homes for sale in the Dayton Ohio real estate market.  You find that number by looking at the number of homes actively for sale and dividing that by the number of homes that sold last month... that give you over 14 months supply.

Thinking of buying a home in the Dayton Ohio area?  Well... then this is great news.  What these numbers tell us is that there are good deals to be found in today's market.  You will have many homes to choose from and should be able to buy at a good price!  What this DOES NOT MEAN is that you can steal a house... But if you are serious about buying a home in the Dayton Ohio real estate market NOW is a great time!

The most important thing to keep in mind is that it does not matter weather you are thinking of buying or selling a home the Dayton Ohio real estate market... you NEED to have a GREAT real estate agent working on your side.  We at the Mark Ryan Group would love to talk with you about your real estate needs and evaluate what we can do best to assist you.  We want to all we can to help.


Want to see all the homes available for sale in the Dayton Ohio area?  CLICK HERE

 

Interested in learning right on line what your home may be worth?  CLICK HERE

 

Both of these services are free of charge or obligation...

just our service to the Dayton Ohio real estate market.

 

 

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Dayton Ohio Mortgage Broker or Mortgage Banker, what's the difference?

As always, thanks for reading and please feel free to contact us with any questions at 937-353-4600 or Mark@MarkRyanGroup.com


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Posted on Feb 17, 2008 @ 8:46 pm by Mark.RYAN

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