Dayton Area Home Sales for March 2024

Home sales in March increased from last year, according to the Multiple Listing Service of Dayton Realtors. Sales of single-family and condominiums reported totaled 1,197, up over 5% from the sales in March 2023.

Residential sales price rose along with the increase in transactions. The average sale price landed at $278,971, up 13% from last year, and the median sale price came in at $232,000, also up 13% from last year. Sales volume generated by March’s activity totaled $333.9 million, a 19% increase over March 2023.

The first three months of 2024 saw increases over the previous year in prices and sales. Through March, sales reached 3,209, up 14% from 2023 when 2,805 transactions were recorded. Sales volume showed $856 million so far, an increase of almost 30% from 2023. The average sale price year-to date stood at $266,844 and represented a 13% increase over 2023’s year-to-date numbers. The median sale price also grew, from $198,000 in 2023 to $225,000 through March 2024, a 13% increase.

There were 1,432 new listings added in March, up from last year’s 1423, and year-to-date listings saw 3,858 listings, an increase of 9% from the figures submitted through March of last year.

The overall MLS inventory of single-family and condominium listings showed 1,269 available at month’s end, which represented a supply of 1 month based on March’s pace of sales.