Aug 2024 Dayton OH Housing Stats
There never is a shortage of national or state statistics on how the housing market is doing. But those broad stats can be misleading for specific cities and regions. If you live in the Dayton OH area you are probably most concerned with the Dayton, Ohio numbers. Let’s take a look at how Dayton compared to a year ago as the benchmark.
Aug 23 to Aug 24 total home sales remained about the same posting just -1.05% lower this year. Part of the reason for that lower number was related to the fact that total new listings were down nearly -8% from this time last year. Many sellers fear not being able to find a replacement home and this is a big factor in the posting of this lower number.
This decline in new listings (low supply) and sales has pushed our average sale price up 9.68% over Aug of 23! Year to date sales are very positive with sales up an incredible 10.25% and average sale price up 9.68%. 2024 is shaping up to be a great year and is expected to finish strong as interest rates slide a bit. I’m always available to discuss in more detail and even break these stats down to a neighborhood level for you.
Categories
Recent Posts