Dayton Area Home Sales for July 2024

Dayton Area Home Sales for July 2024

Bob JonesGeneral News, Home Sales, news release, Press Release

Sales of single-family and condominium units reported by Dayton Realtors in July saw more gains in sales prices and a boost in the number of homes sold ­for the month. July’s average sales price totaled $282,427, knocking last year’s figure out of the way by 5%. The median price also fared well at $246,675, up 3% from last year.

The 1,328 sales for July revealed an increase of 13% over last year, reflecting the demand of the summer home buying season. These sales produced a cumulative sales volume of over $375 million, a 19% rise from July 2023.

The year-to-date figures also shined a light on the busy year so far. The January-July average sales price increased nearly 10% to $277,373, and likewise the median price ticked up just shy of 8% to $237,000. The cumulative sales price saw an upsurge of 22.8% to $2.3 billion. The number of sales outpaced last year, with the 8,438 units sold increasing 12% above 2023’s year-to-date figures.

Listings submitted in the month of July also rose, with 1,630 entries, a 13% increase from last July’s 1,507. For the January-July period, 10,324 listings were entered, up 14% when compared to last year.

          JULY 2024 – MLS SINGLE-FAMILY & CONDO SALES
2024 2023 % Change
New Listings 1630 1507 8.16%
Solds 1328 1175 13.02%
Total Sale Price $375,062,902 $314,677,675 19.19%
% Sale/List Price 100.00 100.00 0.00%
Median Sale Price $246,675 $239,900 2.82%
Average Sales Price $282,427 $267,811 5.46%
       JAN – JULY 2024 – MLS SINGLE-FAMILY & CONDO SALES
2024 2023 % Change
New Listings 10324 9004 14.66%
Solds 8438 7540 11.91%
Total Sale Price $2,340,477,020 $1,905,789,302 22.81%
% Sale/List Price 100 100 0.00%
Median Sale Price $237,000 $220,000 7.73%
Average Sales Price $277,373 $252,757 9.74%