Single-family and condominium sales in the Dayton area saw a drop in activity in November, according to Dayton Realtors’ Multiple Listing Service. November’s activity generated a dollar volume of $249 million, a decrease of twenty-four percent versus last November. This translated to an average sale price of $223,178, relatively flat from last year, and a median price of $190,000, also unchanged from last November.
The number of sales reported totaled 1,118, down twenty-four percent compared to the sales that occurred during the same month in 2021.
Listing entries in November totaled 1,158, down thirteen percent from last year. The overall MLS inventory at month’s end showed 1,636 active properties available for sale, which translated to a supply of 1.5 months based on November’s resale rate. Last year at the same time the inventory was tighter at 1,267 available listings, producing a supply ratio of under one month.
Year-to-date sales showed 15,006 transactions reported, down almost seven percent compared to last year. The sales volume through November of $3.6 billion was a two percent increase over 2021’s $3.5 billion. This generated an average sale price of $240,310 and a median sale price of $205,000, increases of ten percent and eleven percent, respectively, compared to 2021.
|NOVEMBER 2021 – MLS SINGLE-FAMILY & CONDO SALES|
|Total Sale Price||$249,512,868||$331,567,138||-24.75%|
|% Sale/List Price||99.50||100.00||-0.50%|
|Median Sale Price||$190,000||$190,000||0.00%|
|Average Sales Price||$223,178||$224,639||-0.65%|
|JAN-NOV 2021 – MLS SINGLE-FAMILY & CONDO SALES|
|Total Sale Price||$3,606,087,817||$3,537,222,288||1.95%|
|% Sale/List Price||100||100||0.00%|
|Median Sale Price||$205,000||$185,000||10.81%|
|Average Sales Price||$240,310||$219,363||9.55%|