Dayton-area home sales prices rebound after drop in January

Median Dayton-area home sales prices continue to climb as February prices jumped 6 percent compared to last month in the previous year.

The median price of a Dayton-area home increased to $138,000, up more than 6 percent from the same month in 2018. It’s also up from the $122,111 median sale price in January, according to the Dayton Realtors. The January-February combined median sales price is $129,950.

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Area real estate agents have told the Dayton Daily News the record median home prices reached in 2018 will slow down later this year for some area counties, including Montgomery, Greene and Miami. More inventory in those counties and more room to expand bring prices down compared to counties south of Montgomery.

But inventory is still low in parts of the Miami Valley. The number of home listings submitted in February decreased over 7 percent to 1,340 entries, Dayton Realtors said. Year-to-date listings are down 4.5 percent from the same two months last year.

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The number of homes sold also boosted in February, reaching 915, a 3.7 percent increase over the 882 sold in the same month of 2018. There were 882 homes sold in January.

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