February Home Sales

Dayton Area Home Sales for February 2021

Bob Jones General News, Home Sales, Press Release

Sales of single-family and condominium units reported by Dayton Realtors in February saw gains in both sales and prices. 1,020 sales were reported to the Multiple Listing Service in February, a 1.8 percent increase over the 1002 single-family and condominium sales reported in February 2020.

February’s average sales price totaled $194,047, exceeding last year’s monthly figure by almost eleven percent. Meanwhile, the median price also saw an increase, up over seven percent from last year to $159,900.

The sales in February produced a cumulative sales volume of $197.9 million, a jump of over twelve percent from last year.

February’s showing also improved the year-to-date sales numbers. The January-February average sales price was up twelve percent from last year to $193,507, while the median price jumped ten percent to $160,000. The cumulative sales price leaped ahead by eighteen percent to $396.6 million while the number of sales saw a 5.7 percent increase to 2,050.

Tight inventory continued in the Dayton area, and listings submitted in the month of February reflected this nationwide problem, decreasing twenty-six percent to 1,056 entries. For the January-February period, 2,190 listings were entered, down twenty-one percent from last year’s 2,794 listings.

The overall active MLS single-family and condominium inventory of available listings at the end of February stood at just 763 and represented less than one month’s supply of listings based on February’s resale rate.

20212020% Change
New Listings10561429-26.10%
Total Sale Price$197,928,332$175,434,75012.82%
% Sale/List Price10098.21.83%
Median Sale Price$159,900$149,2507.14%
Average Sales Price$194,047$175,08510.83%
20212020% Change
New Listings21902794-21.62%
Total Sale Price$396,689,451$334,089,44618.74%
% Sale/List Price99.998.11.83%
Median Sale Price$160,000$145,00010.34%
Average Sales Price$193,507$172,38912.25%