Dayton area home sales in the month of April saw a surge in both sales and prices, as reported by the Dayton Realtors Multiple Listing Service. The monthly numbers for single-family home and condominium sales in the Miami Valley increased 14% with 1,228 sales reported, compared with the 1,075 sales last April. Sales volume generated by April’s activity totaled $325 million, a 21% increase from April 2023.
April’s average sales price totaled $265,444, exceeding last year’s monthly figure 6%. Meanwhile, the median price also saw an increase, up 3% from last year to $225,000.
Including April sales, the first four months of 2024 saw an increase in the sales numbers. Through April, sales reached 4,375, a 16% increase from 2023. Sales volume came in at $1.16 billion so far in 2024, a surge of almost 30% from last year. The average sales price year-to-date stood at $267,158 and represented an 11% jump over 2023’s year-to-date numbers. The median sales price also grew, from $203,750 in 2023 to $225,000 through April 2024, a 10% increase.
There were 1,557 new listings added in April, up 21% from last year, while year-to-date listings tallied 5,321, a 15% rise from the 4,601 submitted through April last year.
The overall number of single-family homes and condominiums available in the MLS stood at 1,323 at month’s end, which represented a supply of one month, based on April’s pace of sales.
APRIL 2024 – MLS SINGLE-FAMILY & CONDO SALES | |||
2024 | 2023 | % Change | |
Listings | 1557 | 1281 | 21.55% |
Solds | 1228 | 1075 | 14.23% |
Total Sale Price | $325,445,524 | $268,572,571 | 21.18% |
% Sale/List Price | 100 | 100 | 0.00% |
Median Sale Price | $225,000 | $218,000 | 3.21% |
Average Sales Price | $265,444 | $249,835 | 6.25% |
YTD JAN-APR 2024 – MLS SINGLE-FAMILY & CONDO SALES | |||
2024 | 2023 | % Change | |
Listings | 5321 | 4601 | 15.65% |
Solds | 4375 | 3748 | 16.73% |
Total Sale Price | $1,168,295,429 | $900,468,930 | 29.74% |
% Sale/List Price | 100 | 100 | 0.00% |
Median Sale Price | $225,000 | $203,750 | 10.43% |
Average Sales Price | $267,158 | $240,253 | 11.20% |