Dayton Luxury Housing Market Update 2.6.2023

Feb 6, 2023 · 15m 51s
Dayton Luxury Housing Market Update 2.6.2023
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The Dayton Luxury Real Estate podcast, hosted by Rod Smart, a luxury home certified real estate agent, provides an overview of the Dayton real estate market, with a focus on...

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The Dayton Luxury Real Estate podcast, hosted by Rod Smart, a luxury home certified real estate agent, provides an overview of the Dayton real estate market, with a focus on the luxury segment. In the first episode of 2023, Smart discusses the number of new and sold listings, average days on market, and average sale price. He defines the luxury market as the top 10% of the market by price, with a cut-off point of $428,000 for 2023. Smart notes that there were only 45 sales over $1 million in 2022, and that the luxury market is projected to have only 679 home sales in 2023, with only 20 properties over the $1 million mark. Smart also discusses an upcoming luxury car wash and housing development in the Riverdale neighborhood, and provides his thoughts on the market for the rest of 2023, predicting a strong year with less home sales and low inventory. Smart advises sellers not to panic if their house doesn't sell immediately and encourages buyers to take their time and do their research. The podcast also features Smart discussing the current state of the real estate market, advising homeowners who are worried about selling their homes to speak with their listing agent or a professional to get an opinion on what they need to do. The podcast is informative and offers insights into the current state of the real estate market.
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Author Rod Smart
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