Dayton Real Estate Housing Stats Nov. 2024

As we Realtors always say, ‘All real estate is local’. So, if you live in the Dayton area - those are the stats that are important to you. The Dayton real estate market experienced a slight slowdown in November, according to data from Dayton REALTORS®’ Multiple Listing Service. Single-family homes and condos saw a decrease in sales activity compared to the same time last year, though property values continued to rise.

November Highlights:

• Sales Activity: A total of 1,103 properties were sold, representing a 7% decline compared to November 2023.
• Dollar Volume: November generated $306 million in sales, a 4% decrease from last year’s $319 million.
• Average Sale Price: The average sale price climbed to $277,410, a 3% increase.
• Median Sale Price: The median price jumped to $249,900, an 8% rise from November 2023.
• Listings: New listings totaled 1,200, down 8% from last year.

While November saw a dip in sales activity, the continued rise in average and median sale prices reflects the strength of the Dayton market. The combination of steady demand and limited inventory supports pricing growth, making it a favorable environment for sellers. Buyers, however, should remain vigilant and act quickly given the competitive conditions.

If you need further information on your neighborhood and how it stacked up to the Dayton area in general, just reach out!