Dayton Area Home Sales for April 2023

Dayton Area Home Sales for April 2023

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 2022. The monthly numbers for single-family home and condominium sales in the Miami Valley dropped sixteen percent with 1,095 sales reported, compared with the 1,312 sales last April. Sales volume generated by April’s activity totaled $277 million, a fourteen percent decrease from April 2022.

As we’ve been seeing over the past year, prices continued a significant upward trend, with the average price in April improving three percent to $253,042 and the median price increasing close to four percent to $220,000.

Including April sales, the first four months of 2023 saw a decrease in the sales numbers. Through April, sales reached 3,892, an almost sixteen percent decrease from 2022. Sales volume came in at $938 billion so far in 2023, an eleven percent drop from last year. The average sales price year-to-date stood at $241,007 and represented a five percent jump over 2022’s year-to-date numbers. The median sales price also grew, from $189,900 in 2022 to $205,000 through April 2023, an eight percent increase.

There were 1,349 new listings added in April, down twenty-three percent from last year, while year-to-date listings tallied 4,832, a fifteen percent decrease from the 5,682 submitted through April last year.

The overall number of single-family homes and condominiums available in the MLS stood at just 941 at month’s end, which represented a supply of less than one month, based on April’s pace of sales.

         APRIL 2023 – MLS SINGLE-FAMILY & CONDO SALES
2023 2022 % Change
Listings 1349 1754 -23.09%
Solds 1095 1312 -16.54%
Total Sale Price $277,080,782 $322,003,295 -13.95%
% Sale/List Price 100 100 0.00%
Median Sale Price $220,000 $212,000 3.77%
Average Sales Price $253,042 $245,429 3.10%
    YTD JAN-APR  2023 – MLS SINGLE-FAMILY & CONDO SALES
2023 2022 % Change
Listings 4832 5682 -14.96%
Solds 3892 4627 -15.89%
Total Sale Price $937,997,412 $1,054,599,074 -11.06%
% Sale/List Price 100 100 0.00%
Median Sale Price $205,000 $189,900 7.95%
Average Sales Price $241,007 $227,923 5.74%