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Mark Ryan, Broker, CRS, ABR, CDPE

Dayton Ohio Real Estate Market Update - Total market overview

Dayton Ohio Real Estate Market Update for January 2008, total market overview.

What information on Dayton Ohio real estate is here?

This report is for residential single family homes in the greater Dayton Ohio area. You will learn what is actively being marketed for sale, what actually sold last month, home many homes failed to sell, the number of homes that negotiated contracts but have not closed yet, average and median prices, days on market and more... This is truly a total market for the Dayton Ohio Real Estate Market.

January 2008 market activity

  1. Total homes for sale in the greater Dayton Ohio Real Estate market = 9087
  2. Homes that failed to sell in the greater Dayton Ohio Real Estate Market = 1269
  3. Homes pending sale in the greater Dayton Ohio Real Estate Market = 445
  4. Homes that SOLD in the greater Dayton Ohio Real Estate Market = 640
  5. Average list price of all homes sold in the greater Dayton Ohio Real Estate Market = $121,758
  6. Average selling price of all homes SOLD in the greater Dayton Ohio Real Estate Market = $115,987
  7. Median selling price of all homes SOLD in the greater Dayton Ohio Real Estate Market = $95,000
  8. Average % of asking price for all homes SOLD = 95.26%
  9. Average days on the market for all homes SOLD = 122

What does all this mean???

Well if you are thinking of selling a home in the Dayton Ohio area, in general, you can expect for it to take approximately 122 to sell and that it will sell for only 95.26% of your asking price. You also find that there is a supply of over 14 months worth of homes for sale in the Dayton Ohio real estate market. You find that number by looking at the number of homes actively for sale and dividing that by the number of homes that sold last month... that give you over 14 months supply.

Thinking of buying a home in the Dayton Ohio area? Well... then this is great news. What these numbers tell us is that there are good deals to be found in today's market. You will have many homes to choose from and should be able to buy at a good price! What this DOES NOT MEAN is that you can steal a house... But if you are serious about buying a home in the Dayton Ohio real estate market NOW is a great time!

The most important thing to keep in mind is that it does not matter weather you are thinking of buying or selling a home the Dayton Ohio real estate market... you NEED to have a GREAT real estate agent working on your side. We at the Mark Ryan Group would love to talk with you about your real estate needs and evaluate what we can do best to assist you. We want to all we can to help.


Want to see all the homes available for sale in the Dayton Ohio area? CLICK HERE

Interested in learning right on line what your home may be worth? CLICK HERE

Both of these services are free of charge or obligation...

just our service to the Dayton Ohio real estate market.

Dayton Ohio Real Estate Market Update - Total market overview

Dayton Ohio Real Estate Market Update for January 2008, total market overview.

What information on Dayton Ohio real estate is here?

This report is for residential single family homes in the greater Dayton Ohio area. You will learn what is actively being marketed for sale, what actually sold last month, home many homes failed to sell, the number of homes that negotiated contracts but have not closed yet, average and median prices, days on market and more... This is truly a total market for the Dayton Ohio Real Estate Market.

January 2008 market activity

  1. Total homes for sale in the greater Dayton Ohio Real Estate market = 9087
  2. Homes that failed to sell in the greater Dayton Ohio Real Estate Market = 1269
  3. Homes pending sale in the greater Dayton Ohio Real Estate Market = 445
  4. Homes that SOLD in the greater Dayton Ohio Real Estate Market = 640
  5. Average list price of all homes sold in the greater Dayton Ohio Real Estate Market = $121,758
  6. Average selling price of all homes SOLD in the greater Dayton Ohio Real Estate Market = $115,987
  7. Median selling price of all homes SOLD in the greater Dayton Ohio Real Estate Market = $95,000
  8. Average % of asking price for all homes SOLD = 95.26%
  9. Average days on the market for all homes SOLD = 122

What does all this mean???

Well if you are thinking of selling a home in the Dayton Ohio area, in general, you can expect for it to take approximately 122 to sell and that it will sell for only 95.26% of your asking price. You also find that there is a supply of over 14 months worth of homes for sale in the Dayton Ohio real estate market. You find that number by looking at the number of homes actively for sale and dividing that by the number of homes that sold last month... that give you over 14 months supply.

Thinking of buying a home in the Dayton Ohio area? Well... then this is great news. What these numbers tell us is that there are good deals to be found in today's market. You will have many homes to choose from and should be able to buy at a good price! What this DOES NOT MEAN is that you can steal a house... But if you are serious about buying a home in the Dayton Ohio real estate market NOW is a great time!

The most important thing to keep in mind is that it does not matter weather you are thinking of buying or selling a home the Dayton Ohio real estate market... you NEED to have a GREAT real estate agent working on your side. We at the Mark Ryan Group would love to talk with you about your real estate needs and evaluate what we can do best to assist you. We want to all we can to help.


Want to see all the homes available for sale in the Dayton Ohio area? CLICK HERE

Interested in learning right on line what your home may be worth? CLICK HERE

Both of these services are free of charge or obligation...

just our service to the Dayton Ohio real estate market.

How to save your Dayton Ohio Real Estate from foreclosure and what is a Short Sale?


How to save your Dayton Ohio Real Estate from foreclosure and what is a Short Sale?

Is your Dayton Ohio real estate in jeopardy?

  • Are you behind on your bills?
  • Are your mortgage payments behind?
  • Did your interest rate just jump way up...or is about to?
  • Did you or your spouse just loose their job?
  • Facing a divorce?
  • Death in the family?
  • Serious illness?

These and other life altering events can have a major impact on your ability to stay current with your mortgage. If you fall behind on your mortgage payments your are at risk of loosing the real estate you own. In the Dayton Ohio real estate market there are a huge number of homeowners facing foreclosure, many more then most parts of the country. Don't be another Dayton Ohio real estate statistic.

What is a Short Sale???

While actually completing a short sale can be a difficult process for the untrained person the actual definition of a short sale is easy... If you were to short sale your Dayton Ohio real estate you are selling your home for less then what is owed to the bank. The bank must approve the short sale and agree to take less then the full amount owed as part of the "steps to a short sale" listed below.

Steps to a Short Sale:

  1. Realize you are in trouble and that your Dayton Ohio real estate is in jeopardy.
  2. Take action... Don't bury your head in the sand and hope the problem goes away...
  3. Investigate your options
    1. Call your bank and ask what they can do to help.
    2. Is it short term? Borrow the money to stay current.
    3. Find a professional Realtor in the Dayton Ohio real estate market to help.
    4. Interview your potential agent to ensure they are an EXPERT at Short Sales!
    5. Assemble the documents typically needed to complete a short sale.
      1. A listing agreement.
      2. Your authorization to share info with you short sale agent.
      3. A detailed summary of your financial position.
      4. A hardship letter to the bank.
      5. Supporting hardship information.
      6. Bank information.
      7. The last two pay-stubs for everyone on the loan.
      8. The last two most recent bank statements.
      9. Usually some more information depending on your situation, your Short Sale Expert will be able to help you with that.
    6. List your home for sale with a Short Sale Expert.
      1. I can not stress how important it is to have an expert handle the marketing and negotiation on a short sale of your Dayton Ohio real estate.
    7. Take any calls from you mortgage lender, you need to show you are working WITH them. They do not HAVE to do a short sale for you...
    8. Maintain your home as best you can and allow all reasonable showing of your property.

The most important thing to remember is that if your Dayton Ohio Real Estate is facing foreclosure or is in the pre-foreclosure stages that you do not wait. You need to call an expert in Short Sales that can help determine if a Short Sale is an option for you.

If you have any question on short sales we are here to help in any way we can. Please CALL NOW, the longer we have to attempt a short sale the better for you.

Call (937) 353-4600

Email: Mark@MarkRyanGroup.com

Or submit a comment here and we will get back with you quickly.

Wright Patterson Air Base PCS / Relocation

There are hundreds of military families about to PCS to the Dayton, Ohio area. As these families plan their relocation to the Dayton area we want to be here for them. The Mark Ryan Group specializes in helping military families move to the Wright Patt area. We have many happy clients that are now enjoying their homes the moving experience we helped to provide.

Looking for a brand new home? We can help explore builder options and select the best options for you. As your EXCLUSIVE buyer agents, we represent YOU, NOT the builder. The reps you talk with in the “model homes” are very nice and helpful, but make no misstate they represent the builder NOT you… We look out for you and help navigate the steps in the building process all the way to closing.

Need something right away? We can offer you a customizable web site that helps to search EVERY home listed for sale in the Dayton area. Start your search NOW then when you arrive in the Dayton area you are already up and running. You set the search criteria, You save the homes you like, You can map the homes and even see aerial views. We put YOU in control… Know we are here for you with area relocation packets, school reports, area info, just about anything you could want or need we are here for you! We want to be your relocation solution. Visit http://www.mlsfinder.com/oh_dabr/markryan/index.cfm to begin your move…

If you want general real estate or area information see us at www.MarkRyanGroup.com

We cant wait to work with you! And a very special THANK YOU to you and your families for all the sacrifice you make for our freedom!