Dayton Luxury Housing Market Update 3.6.2023

Mar 6, 2023 · 26m 58s
Dayton Luxury Housing Market Update 3.6.2023
Description

The Dayton Luxury Real Estate podcast features a real estate agent discussing the current state of the housing market in Dayton, Ohio. The agent notes that interest rates are historically...

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The Dayton Luxury Real Estate podcast features a real estate agent discussing the current state of the housing market in Dayton, Ohio. The agent notes that interest rates are historically low and encourages listeners to consider investing in homeownership as a path to wealth. The market watch shows an increase in new listings and sales, but a deficit of 44 homes. The average sale price has been consistently increasing and is predicted to end around $251,000 for 2023. The luxury market, which starts at $428,000, is also increasing in new listings and sales, but inventory is tightening. The agent advises potential buyers to act quickly and make offers on properties that meet most of their criteria, while sellers are encouraged to list their homes as demand is high and values are increasing. The luxury market has many million-dollar homes in the area that are not reflected in MLS data. The agent highlights two new luxury listings and notes that the pace of sales for homes over $428,000 is increasing. The podcast is important for those interested in the Dayton, Ohio real estate market and provides valuable insights for buyers and sellers.
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Author Rod Smart
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