The January Market Report in Ohio for single family, residential homes in Montgomery, Greene, and Warren counties near Wright Patterson Air Force Base shows major changes. In January 2010 versus January 2009, homes now sell quicker. The average selling price in January 2009 was $104,452, which is much lower than the average selling price in January 2010. The average selling price has increased for 7 consecutive months, showing the Southwest Ohio market is past rock bottom. More homes sold in January 2010 versus January 2009, a trend which should continue especially with the tax credit extension and expansion now including existing homeowners which ends in April 2010.
JANUARY 2010
- Homes Sold - 379
- Average Bedrooms - 3
- Average Square Footage - 1,751
- Average Listing Price - $120,907
- Average Selling Price - $114,854 (95% sale price/listing price)
- Average Days on Market - 116 (14 days difference to January 2009)
- Homes Sold Price Range $3,000 (in Upper Riverdale) - $775,000 (Washington Twp-SW)
JANUARY 2009
- Homes Sold - 372
- Average Bedrooms - 3
- Average Square Footage - 1,705
- Average Listing Price - $113,076
- Average Selling Price - $104,452 (92% sale price/listing price)
- Average Days on Market - 130
- Homes Sold Price Range $1,400 (Trotwood) - $600,000 (Kettering West of 48)
For more information on the market in the Dayton, Ohio area and buying or selling contact Christina today!
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