Dayton Area home Sales for April 2024

Dayton Area Home Sales for April 2024

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

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%