by Tammy Murphy | Feb 12, 2024 | BLOG, Current Events, GLOBAL, Investor Relations, Market Updates, Neighbor Chat, Networking, Real Estate News, Real Homes to Love
February 2024 Real Estate Market Update: Momentum Continues!
Hello, Dayton homeowners and future buyers! As we move further into 2024, we are excited to bring you the latest updates from the Dayton real estate market. February has proven to be a fantastic month, showcasing not only increased sales but also rising prices, which is great news for our local community!
Market Highlights
In February, we witnessed an impressive 23% increase in home sales, with 1,096 transactions recorded compared to 886 in February 2023. This uptick demonstrates a strong demand for homes as we navigate through the early months of the year.
The cumulative sales volume reached an impressive $287.8 million, which represents a significant 41% increase from the previous year. This surge in sales volume is a positive indicator of our thriving market!
Price Trends
Home prices are climbing, and we have the numbers to prove it! The average sales price for February soared to $262,600, up over 14% from last February. Similarly, the median sale price also increased, now standing at $225,000, reflecting a 15% rise. These trends highlight the growing value of homes in our area, making it a great time for sellers!
Inventory Insights
February also brought more options for buyers, with 1,251 new listings, marking a 24% increase compared to last year. However, with a total of 1,398 active listings at the end of the month, the inventory represents just over one month’s supply based on the sales pace, indicating a competitive market for buyers.
Year-to-Date Performance
Looking at the broader picture, the combined sales numbers for January and February show a strong start to the year. The total number of sales has risen by 24% to 1,993 homes sold, while the cumulative sales volume for this period reached $517 million, an impressive 41% increase from last year. The average sale price for the first two months is $259,574, a 14% increase, alongside a median price of $219,000, reflecting similar growth.
Why This Matters to You
Whether you are considering selling your home or are looking to buy, now is an exciting time in the Dayton real estate market! With rising prices and increased activity, it’s essential to stay informed and make the best decisions for your real estate journey.
If you have questions about your home’s current value, want to explore your buying options, or need guidance in this dynamic market, don’t hesitate to reach out. We offer no-obligation assessments and are here to provide personalized insights to help you navigate this thriving market.
Let’s Connect!
Our team is dedicated to helping you achieve your real estate goals, whether you’re a buyer, seller, or just curious about your options. Stay tuned for more updates and insights, and let’s make 2024 a remarkable year together in real estate!
by Tammy Murphy | Jan 8, 2024 | BLOG, Current Events, GLOBAL, Investor Relations, Market Updates, Neighbor Chat, Networking, Real Estate News, Real Homes to Love
As the year of 2023 comes to a close and we review the real estate numbers – there is much opportunity and potential for our communities overall!
The AVERAGE SALE PRICE for our counties include:
- Montgomery County = $220,423
- Greene County = $296,861
- Darke County = $184,376
- Preble County = $217,826
- Warren County – $391,527
You might be wondering what communities ranked with the highest number of sales for 2023?
- Dayton – 1,574 units sold
- Centerville/Washington T.S. – 855 units sold
- Kettering – 749 units sold
- Beavercreek/Bvrcrk T.S. – 697 units sold
- Huber Heights – 602 units sold
These communities showcased significant activity in the real estate market over the past year. If you need further analysis or insights regarding these areas, feel free to ask!
by Tammy Murphy | Jun 13, 2023 | BLOG, Current Events, GLOBAL, Investor Relations, LOT / LAND, Neighbor Chat, Real Estate News, Real Homes to Love
Boxabl as the Future of Housing -presents with a unique housing product that is price / quality and timing sensitive to the current needs in communities… we just need to get our Community Leaders onboard to adjust zoning and permitting to allow the use of this housing alternative.
Knowing that we are now hearing about the “housing crisis” and that there is a shortage of homes for sale across the country, and especially in our local communities – housing alternatives are NEEDED.
Want more information? Ask Tammy for details or feel free to explore with these links:
And View Video for more details: BOXABL VIDEO
by AdminAssist | Aug 29, 2017 | Current Events, Investor Relations, Neighbor Chat, Networking, Real Estate News
We received this update to services the Home Ownership Center provides and we wanted to ensure we passed it along.
If you’re thinking of buying and wondered if there is any down payment assistance available and or credit counseling services to be ready to make your purchase, contact them at 937-853-1600
| Free Homebuyer Counseling!
The HomeOwnership Center recently received a HUD grant that we can now use to cover the costs of homebuyer counseling. The grant means that first-time homebuyer counseling is free to our clients.
Do you have clients that are not quite ready to buy their first home? Send them to us and we can give them back to you…mortgage ready! So, how does that affect the pricing for the entire First-Time Homebuyer program? Let’s take a look. |
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| Service |
Cost to Client |
| First-Time Homebuyer Counseling Only |
Free |
| Fist-Time Homebuyer Class – In Person |
$25 |
| First-Time Homebuyer Class – Online |
$99 |
Remember that clients are required to complete the entire First-Time Homebuyer Program (counseling and class) to receive the certificate of completion. If you have any questions, just give us a call at 937.853.1600 or email Joanna Trent at [email protected].
Call 937.853.1600 for more information. |
by Tammy Murphy | Mar 7, 2017 | Commercial Properties, Investor Relations, LENDERS, LOT / LAND, Military, Real Estate News, Senior Living
UPDATE June 2023: The following post information and materials contained is NO LONGER BE AVAILABLE. Understanding that loan programs and contacts are always subject to change is critical to ensuring you have timely access and up to date information.
With so many choices for lenders out there – you may often wonder, what’s the difference? We like to let our client’s know that sometimes it is a matter of personalities, but often times – you want to compare rates and closing costs to ensure you are getting the best deal possible. Other times – it is just knowing that the lender is IN IT with YOU and willing to make the process work, or take the extra time you might need to get the financing, or to help answer questions or so many other pieces of the puzzle that may need to “fit” to get your into the home “loan” for your budget.
I love when a lender is available to take calls, responds to emails, when they are PROACTIVE in working together and when they find the “right program” to fit our client’s needs!
$250 Closing Costs Union Savings flyer
Blanket Loan Union Savings Flyer
Commercial Real Estate Loans Union Savings
Communities First Down Payment Program Union Savings Flyer
Construction Loans Union Savings Flyer
How to get Pre Qualified UNION SAVINGS Flyer
Union Savings JOE WOMACKS lender programs
VA Loan Programs Union Savings Flyer
by Tammy Murphy | Sep 9, 2016 | Centerville, Investor Relations
We have been seeing investors coming into our communities and while normally on a smaller scale with multi-family or single family home purchases – this is a Commercial Space that has been acquired and may mark the turn for our commercial sector as well.
As reported in the Dayton Business Journal by Kaitlin Schroeder:
“The 98,000-square-foot shopping center at the corner of Main Street and Spring Valley Pike is home to tenants such as Club 51 Fitness, Buffalo Wings & Rings and Dollar General.
The deal marks another Dayton-area retail property gobbled up by investors. The region has seen a slew of similar deals in the past year.”
See full article here: http://www.bizjournals.com/dayton/news/2016/09/07/utah-investor-buys-centerville-retail-center-for-5.html?ana=e_ph_prem&u=Zw53QS6mvpxh09Zq2oqTfw0f965ffe&t=1473432016&j=75726712
![Boxabl housing logo](http://<a href="https://box.tapfiliate.com/user/edit/?tap_a=105570-a5a00f&ref=RealHomesToLove" target="_BLANK" rel="nofollow"><img src="https://static.tapfiliate.com/61a6a9523fef3825903034.png?a=105570-a5a00f" border="0"></a>)
