But while prices increased, sales fell in December. Dayton Realtors recorded 1,076 single-family and condominium sales in December, an eight percent decrease compared to last December’s 1,175 sales.
“The challenge of available inventory, combined with the usual slowdown of sales this time of year, contributed to the decline,” the association said in its report.
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Full-year 2017 improved over 2016’s record-setting figures in all key areas, however, setting new records. Average price, median price, solds and sales volume were all up. Total sales for 2017 reached 16,149, besting the 16,079 mark of 2016.
Cumulative sales volume for the year came in at $2.5 billion, compared to $2.3 billion in 2016.
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