There’s big news to report for Dayton real estate! The biggest real estate boom in years continued throughout the end of 2015; and there’s reason for everyone to celebrate. First, here are the stats:
* For December of 2015, the Dayton Area Board of Realtors reported the highest average sales prices of any December on record.
* 2015 also showed increases from 2014 in: average price, median price, sold units, and sales volume. The number of total units sold is up 11%.
* The average price of a Dayton home is up 0.5% from December 2014 and is currently at $140,229 for 2015. That’s up from $123,273 in 2009.
* Coldwell Banker Heritage Realtors posted their best year in the history of the company, in terms of highest sale volume.
This is great news for everyone, not just those working in real estate. For starters, people selling their homes at market value can expect to see their final price reach 97.2% of the asking price. In real estate lingo, that’s what’s called a great “sale/list ratio.
The numbers are just as exciting for homebuyers, too. Interest rates are still at historic lows, and the opportunity for a great investment is right around the corner. There are bargains out there, people!
Want some help finding what could be the single best investment of your lifetime? Talk to the people at Coldwell Banker Heritage Realtors. They did just hit an all-time high in sales volume, so you know they are experienced and the hot ticket in town.
Coldwell Banker Heritage is committed to providing the key real estate information you need to know. They’ll tell you about your home’s value and give you the advice to make the right decision about buying or selling. For more information, contact a Coldwell Banker Heritage realtor at http://www.coldwellbankerdayton.com/agents/