Dayton Area Home Sales for June 2022

Dayton Area Home Sales for June 2022


Image Credit: Dayton REALTORS©

Release Date: 07/20/2022
Original Article: Link

Home sales in the Dayton area stumbled in the month of June, while both the median and average prices continued their upward trajectory.

Sales of single-family and condominium units reported by Dayton REALTORS® in June totaled 1,596, a decrease of almost eight percent from June 2021 sales. Meanwhile, the average price jumped to $256,349 and the median price hit a new high at $220,745, increases of 8.5 percent and 7.6 percent, respectively. The cumulative sales volume reached $409.1 million, relatively flat from the figures in 2021.

June’s showing capped off the first half of 2022 which saw 7,801 sales transactions of single-family homes and condominiums, compared to 7,964 during the first half of 2021, down two percent from last year.

A cumulative sales volume of $1.8 billion dollars – up nine percent – brought the average sale price up eleven percent to $240,702 and the median sale price up ten percent to $201,900 for the six-month period.

Listings submitted in the month of June showed 2,100 entries, a decrease of almost five percent as compared to June 2021. For the January-June period, 9,897 listings were entered, a 2.7 percent increase from the same period last year.

The overall active MLS single-family and condominium inventory at the end of June stood at 1,553, representing just under a one-month supply of listings based on June’s resale rate.

What is Dayton REALTORS®?

Dayton REALTORS®, an association of real estate professionals, is one of the nearly 1,800 real estate boards in the country which make up the National Association of REALTORS® (NAR), the largest trade association in the world. Established in 1909, Dayton REALTORS® has over 2,800 members dedicated to serving the needs of both home sellers and buyers in the Miami Valley. Like any other trade association, the board’s basic purpose is to serve the needs of its members. But unlike other organizations, the board must also expand its scope to include services to the thousands of homeowners in the area and to the many communities in which they live. Dayton REALTORS® serves its members as a resource for continuing education, a wide range of committee activities, the Multiple Listing Service, social events, products and publications.