Miami Valley Market Update
The Miami Valley real estate market is as hot as it has ever been. Here’s how we know that.
Unless you’ve been sequestered on Walden’s Pond, you know that the Miami Valley real estate market is hotter than it’s been in over a decade. Naturally, there are markets and price ranges selling faster or slower than others, but the market is up overall. Coming from someone who has been selling real estate for almost 30 years, it’s very refreshing.
Here are the most recent statistics from the Dayton area Board of Realtors from January to July of 2017, compared to the numbers we saw during that same time frame in 2016:
“These numbers mean it’s a great time to sell. “
- New listings are down 2.7%
- Sold homes are up 2.29%
- The total sold price of all homes this year is a little over $1.4 billion. Last year, it was a little over $1.3 billion.
- The average sale price is up from $146,973 last year to $154,853 this year.
These numbers mean it’s a great time to sell. If you’re thinking about selling your home in Dayton, we’re the team to call. If you need our assistance or just have any questions, reach out to us today and we’ll be here to help. We look forward to hearing from you.