Michael L Palmer | Realtor, Irongate, Inc.

Michael L Palmer is a licensed real estate agent with Irongate, Inc. in Dayton, and a member of Dayton REALTORS®.

Recent Sales Activity

Over the past 12 months, MLS records show Michael on 10 closed sales (6 as the listing agent, 4 representing the buyer), about $3,766,500 in total sales volume. Most active in Washington Township, Sugarcreek Township, Kettering, Centerville and Huber Heights.

Overview

Michael L. Palmer is a real estate agent with Irongate Inc., working from the brokerage’s Washington Township office at 1353 Lyons Road in Dayton. Irongate’s agent directory also ties his profile to its Beavercreek, Centerville and Eaton offices, which gives his work a footprint across the southern and eastern Miami Valley.

Over the past 12 months, Palmer closed 10 sales totaling $3,766,500. Six of those were listings he represented sellers on, and four were purchases where he worked with the buyer. That split leans toward the listing side, and it shows up in the numbers below.

His sales were spread across five communities: Washington Township, Sugarcreek Township, Kettering, Centerville and Huber Heights. None of the sales closed in the city of Dayton proper or in West Dayton. The sections that follow look at how his record reads in numbers, community by community.

The sales record in numbers

Palmer’s 10 closed sales produced $3,766,500 in volume over the past 12 months. The prices ran from a low of $84,000 to a high of $877,000, with a median of $316,500. That is a wide range, and it means his work covers entry-level purchases and a luxury-tier sale within the same year.

Of the 10 transactions, 6 were listing sides and 4 were buyer sides. On the six homes he listed, the median time on market was 104.5 days, and the median sale-to-list price ratio was 93.4%. None of the six sold at or above asking price. In practical terms, his sellers typically closed at a little more than 93 cents on the asking dollar after a little over three months on the market.

The mix of property types is mostly resale housing. New construction made up 0% of his sales, and 20% were renovated homes. He closed no multifamily sales in the period. His year was built around existing single-family homes, with a small share that had been updated before sale.

Where he works

Palmer’s closings were evenly distributed: two each in Washington Township, Sugarcreek Township, Kettering and Centerville, and one in Huber Heights. Looking at his median price in each community next to the area’s median shows how varied the work was.

In Washington Township, Palmer closed two sales with a median price of $210,250, compared with an area median of $412,000. His work there sat in the more approachable end of the township’s market, and it is the community where his office is based.

Sugarcreek Township was the other direction. His two sales there had a median of $877,000, against an area median of $379,900. That is more than double the local median and includes the top sale of his year.

In Kettering, his two sales had a median of $253,000, close to the area median of $260,000. Of the five communities, it is where his activity tracked the broader market most closely.

In Centerville, his two sales had a median of $236,000, compared with an area median of $349,900. Centerville is also home to one of the Irongate offices connected to his profile.

In Huber Heights, he closed one sale at $84,000, the low end of his range. The area median there is $226,500. With a single transaction, that figure shows a data point rather than a pattern, but it does demonstrate his willingness to work well below the typical price in a community.

Background and credentials

Palmer is listed as a real estate agent on the Irongate roster, which includes 279 agents. His brokerage bio places him in the Washington Township office. Irongate describes itself as having had a presence in the Miami Valley for almost 40 years, a claim about the company rather than about Palmer personally.

Professional listings on commercial real estate directories describe a Michael Palmer as an investment sales broker covering industrial, land, office, retail and flex property in the Cincinnati and Dayton market, with membership in the National Association of Realtors. Those listings add a commercial dimension to his professional profile, though his residential sales figures above do not include commercial transactions.

The brokerage’s agent directory shows no professional designations after his name, and no team name, awards or board roles are listed on his bio. His license details can be confirmed through the Ohio Division of Real Estate’s eLicense lookup.

Reading the numbers together

Taken as a whole, Palmer’s year shows an agent with range. His median sale of $316,500 sits between the lower prices he handled in Huber Heights and Centerville and the high-end sale in Sugarcreek Township. He worked on both sides of the table, with a lean toward representing sellers, and spread his closings across five communities rather than concentrating in one.

The listing figures give a clear picture of how his sellers fared: a median of 104.5 days to sell and a median close at 93.4% of list price. Those numbers reflect a market in which listings at a range of price points took time to find buyers, and they provide a useful benchmark for homeowners weighing a sale in these communities.

Palmer’s activity in the past 12 months did not include new construction, multifamily properties, or sales within the city of Dayton. His focus was on established homes in the southern and eastern suburbs, with Washington Township, Kettering and Centerville along the core of that footprint, and Sugarcreek Township providing his most expensive sale.

Contact

Office phone: (937) 336-5053
Profile on the Irongate, Inc. website

Sales figures come from Dayton REALTORS® MLS records and are updated monthly. Information deemed reliable but not guaranteed. Is this you? Claim this listing to add your photo, bio and contact details.