The Dayton real estate market experienced further declines in sales volume in February 2025, continuing the trend seen in January, according to data released by Dayton REALTORS®. However, despite the drop in sales, median and average sale prices continued to show growth.
New listings in February 2025 decreased by 8.06% compared to February 2024, with 1,118 homes listed. Closed sales saw a significant drop of 18.25%, with 905 sales recorded. The total dollar volume of sales fell by 15.42%, totaling $248,589,183. Despite the decrease in sales volume, the median sale price increased by 5.45% to $239,900, while the average sale price rose by 3.46% to $274,684.
Year to date, listings are down 6.82%, and sales are down 15.88%. The total sales volume has decreased by 12.59%. However, median and average sale prices have increased by 6.14% and 3.91%, respectively. Active inventory at the end of February sat at 1,638 homes, representing a 1.8 month supply based on the current pace of sales.
FEBRUARY 2025 – MLS SINGLE-FAMILY & CONDO SALES | |||
2025 | 2024 | % Change | |
New Listings | 1118 | 1216 | -8.06% |
Solds | 905 | 1107 | -18.25% |
Total Sale Price | $248,589,183 | $293,911,551 | -15.42% |
% Sale/List Price | 99 | 100 | -1.00% |
Median Sale Price | $239,900 | $227,500 | 5.45% |
Average Sales Price | $274,684 | $265,503 | 3.46% |
JAN-FEB 2025 – MLS SINGLE-FAMILY & CONDO SALES | |||
2025 | 2024 | % Change | |
New Listings | 2201 | 2362 | -6.82% |
Solds | 1674 | 1990 | -15.88% |
Total Sale Price | $455,621,204 | $521,257,200 | -12.59% |
% Sale/List Price | 98.7 | 99.5 | -0.80% |
Median Sale Price | $233,500 | $220,000 | 6.14% |
Average Sales Price | $272,175 | $261,938 | 3.91% |