Dayton Area Home Sales for April

Dayton Area Home Sales for April 2022

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

Modest gains continued to be made in April on home prices in the Dayton area, as reported by the Dayton REALTORS® Multiple Listing Service. The number of sales, however, dropped as compared to the figures in April 2021. The monthly numbers for single-family home and condominium sales in the Miami Valley dropped three percent with 1,312 sales reported, compared with the 1,357 sales last April. Sales volume generated by April’s activity totaled $322 million, a six percent increase from April 2021.

As we’ve been seeing over the past year, prices continued a significant upward trend, with the average price improving nearly ten percent to $245,429 and the median price increasing eleven percent to $212,000.

As a result of these April sales, the first four months of 2022 saw a slight decrease in the sales numbers. Through April, sales reached 4,627, a one percent decrease from 2021. Sales volume came in at $1 billion so far in 2022, a 9.6 percent change from last year. The average sales price year-to-date stood at $227,923 and represented an eleven percent jump over 2021’s year-to-date numbers. The median sales price also grew, from $173,000 in 2021 to $189,900 through April 2022, an almost ten percent increase.

There were 1,754 new listings added in April, down less than one percent from last year, while year-to-date listings tallied 5,682, a one percent increase from the 5,633 submitted through April last year.

The overall number of single-family homes and condominiums available in the MLS stood at just 945 at month’s end, which represented a supply of less than one month, based on April’s pace of sales.

2022 2021 % Change
Listings 1754 1761 -0.40%
Solds 1312 1357 -3.32%
Total Sale Price $322,003,295 $303,103,444 6.24%
% Sale/List Price 100 100 0.00%
Median Sale Price $212,000 $190,000 11.58%
Average Sales Price $245,429 $223,363 9.88%
2022 2021 % Change
Listings 5682 5633 0.87%
Solds 4627 4703 -1.62%
Total Sale Price $1,054,599,074 $962,244,219 9.60%
% Sale/List Price 100 100 0.00%
Median Sale Price $189,900 $173,000 9.77%
Average Sales Price $227,923 $204,602 11.40%