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Why Are Houses Selling in Just Days in Hot Ohio Markets?

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Why Are Houses Selling in Just Days in Hot Ohio Markets?


November 22, 2019
Dayton Ohio Skyline
Image by PublicDomainPictures from Pixabay

Someone get Ohio some ice, because its housing markets are hot! Houses in Dayton and Springfield are selling quickly for their low price tag—some homes are bought by out-of-towners who haven’t even seen the house outside of a virtual tour. Affordability is the main attraction, but the fierce competition caused by the housing shortage is also adding to the pressure to buy. 

Dayton and Springfield, Ohio, are among the hottest home markets in the country as houses continue selling within days, defying the usual winter slowdown.

Despite a usual halt in home sales as Thanksgiving approaches and cold weather hits, this fall season has felt like an average spring, the season when Realtors sell the most homes, said Jan Leverett, Dayton Realtors president and real estate agent with Irongate.

Tami Holmes' team with HER Realtors was listing more houses in September and October than in the spring, said Fred Holmes, chief operations officer for the team. Now they're having the best November since the Holmeses started.

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