Dayton Housing Market – Dayton Ohio Home Sales On The Rise
Homes for sale in Dayton, Ohio are selling! As homeowners in Dayton and around the country realize just how much money they can get for their homes, they are now selling. As mentioned in this Dayton Daily News Article, home sales in Dayton Ohio have risen 12.4 percent.
Dayton Area Home Sale Rose 12.4 Percent
Dayton-area home sales rose 12.4 percent in November 2011 compared to November 2010, said Jesse Livesay, CEO of the Dayton Area Board of Realtors. Homeowners in Dayton, Ohio will be happy to learn that this is the fifth straight month residential real estate sales have risen, compared to 2010. However, the overall price that buyers paid for those homes declined. The average home in Dayton, Ohio sold for $115,700 in November 2011 compared to November 2010 when the average home in Dayton, Ohio sold for roughly $117,000.
For Those Buying A Home in Dayton Ohio, It’s A Buyers Market
As far as the Dayton housing market goes, it’s still a “Buyers Market.” I see foreclosures & short sales in Dayton, Ohio continuously increasing through 2013. Those people that are currently renting should be taking full advantage of low interest rates, declining home prices & sellers strong will to negotiate the sales price of their home. So for those selling a home, keep your head up – for those considering buying a home, something this good won’t (can’t) last forever.
