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Dayton Area Home Sales for March 2011
Dayton Area Home Sales for March 2011
While sales of single-family and condominiums were up in the month of March compared to February's total (805 transactions versus 637 in February), the year-over year comparison shows a market still facing the challenges of economic recovery.  March totals showed a 17.7% decline over last March's 978 sales. It is worth noting that it was at this time in 2010 when the $8,000 tax credit was in full gear, spurring activity through the first six months of last year.
March sales activity generated $76.2 million in volume with an average sale price of $94,652. The median sale price was $70,550. These figures were down 21.4% and 30.8% respectively from March 2010.
The first quarter sales total has reached 2,030 compared to 2,140 during the same period last year, a much lesser decline of 5.14%. The cumulative sales volume for this period was $206.8 million. The first quarter average came in at $101,877, down 12.5% in year-over-year comparison, and the median was $78,000, down 20%.
March saw 2,382 single-family and condominium listings added to the MLS compared to 2,752 last March, a decline of 13%. A total of 5,781 listings have been added in 2011 ... more

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