Sales of single-family homes and condominiums, as reported by Dayton Realtors, experienced a mixed start to 2025, with a decrease in sales volume but an increase in median and average sale prices. Frigid temperatures and snow kept consumers indoors and away from home shopping, contributing to the sluggish pace of January sales. 751 transactions were reported to the Multiple Listing Service in January, well below last year’s 883 sales, a 15% decrease.
A cumulative sales volume of $202.4 million was an 11% decrease in a year-over-year comparison. The average sale price, however, increased to $269,640, up over 4% from last January, while the median sale price likewise improved, settling at $231,000, up 10% from last year.
Entries of single-family homes and condominiums during the first month of 2025 decreased 5% compared to last year, with 1,082 new listings added in January. The total available active inventory stood at 1,745 at month’s end, putting the pace of sales at 2.3 months.
JANUARY 2025 – MLS SINGLE-FAMILY & CONDO SALES | |||
2025 | 2024 | % Change | |
New Listings | 1082 | 1146 | -5.58% |
Solds | 751 | 883 | -14.95% |
Total Sale Price | $202,499,866 | $227,345,649 | -10.93% |
% Sale/List Price | 98.4 | 98.9 | -0.51% |
Median Sale Price | $231,000 | $210,000 | 10.00% |
Average Sales Price | $269,640 | $257,470 | 4.73% |