Sales of single-family homes and condominiums, as reported by Dayton REALTORS®, started off the new year strong compared to January 2023. 891 transactions were reported to the Multiple Listing Service in January, well above last year’s 721 sales, a 23% increase.
A cumulative sales volume of $226.6 million was a 39% increase in a year-over-year comparison. The average sale price for January increased to $254,396, up over 12% from last January, while the median sale price likewise improved, settling at $206,000, up 10% from last year.
Entries of single-family homes and condominiums during the first month of 2024 increased 19% compared to last year, with 1,174 new listings added in January. The total available active inventory stood at 1,615 at month’s end, putting the pace of sales at 1.8 months.
| JANUARY 2024 – MLS SINGLE-FAMILY & CONDO SALES | |||
| 2024 | 2023 | % Change | |
| New Listings | 1174 | 985 | 19.19% |
| Solds | 891 | 721 | 23.58% |
| Total Sale Price | $226,666,545 | $162,869,946 | 39.17% |
| % Sale/List Price | 98.8 | 98.6 | 0.20% |
| Median Sale Price | $206,900 | $188,200 | 9.94% |
| Average Sales Price | $254,396 | $225,895 | 12.62% |
