Housing Data

Home sales in March presented a mixed picture, with an increase in the number of homes listed for sale but a continued decrease in closed sales compared to the same period last year, according to data released today by Dayton REALTORS®. Despite the drop in sales, both median and average sale prices demonstrated moderate growth.

The number of new listings rose by 5.03% to 1,482 properties, up from 1,411 in March 2024. However, the number of homes sold decreased by 10.72%, with 1,058 transactions recorded compared to 1,185 in the same month last year. This resulted in a total sales volume of $300.8 million, an 8.72% decrease from the $329.5 million recorded in March 2024. The median sale price saw an increase of 3.37% to $241,050, while the average sale price rose by 2.24% to $284,303. The inventory of available homes stood at 1,580 at the end of March 2025, with 1,868 properties listed as pending sale.

Looking at the year-to-date figures for January through March 2025, the trends continue. New listings are down by 2.39% with 3,683 properties, compared to 3,773 in the same period of 2024. The number of homes sold year-to-date decreased by 13.45% to 2,748 transactions, down from 3,175. The total sales volume for the first three months of 2025 reached $761 million, a 10.53% decrease from the $850.8 million recorded in the corresponding period of 2024. Despite the decrease in sales volume, the median sale price for the year increased by 4.44% to $235,000, and the average sale price rose by 3.37% to $276,988.

The overall MLS inventory of single-family and condominium listings showed 1,580 available at month’s end, which represented a supply of 1.5 month based on March’s pace of sales.