Dayton OH June 2023 Housing Market
The home sale numbers are in for June of 2023. Let’s take a look at the Dayton Ohio real estate sales numbers. We hear a lot of talk about national stats but for us Daytonians we really want to know what it looks like here. New listings that hit the Dayton market are down a whopping 25.62% over June last year. Wow!! That decrease in inventory pushed home sales down 13.47%. It makes sense that few homes available resulted in fewer home sales.
The more scarce inventory pushed prices up nearly 5% over last year despite higher interest rates we have now. I talk to so many sellers that say they would sell if they were not afraid they would have trouble finding a new home. This vicious cycle is contributing to the depressed inventory levels we are experiencing. Need help navigating this market? I’m here to help just reach out!
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