Area’s home prices jump
Dayton-area home sales were up 7% in August compared to the previous year and the average sales price reached $203,934, up 14% from August 2019, the Dayton Realtors reported lastweek.
The median pricewas also up, 12% to $175,000, compared to last August, the organization said.
The1,707 sales lastmonthin the Dayton area produced a cumulative sales volume of over $348.1 million, up 22% from last year.
Tight inventory continues to be a problem in the Dayton area, too, Dayton Realtors said. Listings in Augustwere 4% less than last year, at 1,877 entries. In Dayton, the January-August average sales price increased 9% to $192,743 while the median sales price increased 8.8% to $165,500.
However, year- to- date sales are lagging in the Miami Valley, with the 10,925 sales falling a percent from last year’s number at this point.
Food service company to lay off Sinclair workers
AramarkCorp. haswarnedOhio government it will lay off or has laid off more than 60 employees who work at Sinclair Community College.
“Aramark has experienced unprecedented disruption to our business caused by the COVID-19 global pandemic,” the company’s human resources director wrote to the Ohio Department of Job and Family Services. “Sinclair CommunityCollege just informed us that it intends to operate with reduced employee capacity and will only need our services in a limited capacity for an undefined period of time.”
The writer, Laura Biggs added: “The eventwas caused byCOVID19 related business circumstances thatwere not reasonably foreseeable at the time thatWARNnotice would have been required. We regret to inform you that all or most of the Aramark employees assigned to that client account will be or have been affected.”
According to a National Student Clearinghouse Research Center report released earlier thismonth, almost seven million college students were enrolled during the Summer term of 2020. That’s an enrollment loss of nearly 6% for community colleges nationally, the report said.
Hara Arena to be demolished
Demolition plans are in place forHara Arena, a longtime event destination for generations of people in the region.
The former concert and sporting event venue has sat empty for