February 2022 Home Sales for the Dayton Area

Dayton Area Home Sales for February 2022

Bob Jones General News, Home Sales, news release, Press Release

Sales of single-family and condominium units reported by Dayton REALTORS® in February saw a gain in price yet a drop in sales. 979 sales were reported to the Multiple Listing Service in February, a four percent decrease over the 1,020 single-family and condominium sales reported in February 2021.

February’s average sales price totaled $216,696, exceeding last year’s monthly figure by over eleven percent. Meanwhile, the median price also saw an increase, up over thirteen percent from last year to $180,800.

The sales in February produced a cumulative sales volume of $212 million, a jump of over seven percent from last year.

February’s showing also impacted the year-to-date sales numbers. The January-February average sales price was up ten percent from last year to $214,235, while the median price also jumped ten percent to $176,000. The cumulative sales price leaped ahead by nine percent to $432.5 million while the number of sales saw a one percent decrease to 2,019.

Tight inventory continued in the Dayton area contributing to the lower number of sales, but listings submitted in the month of February showed at least a hope for more homes on the market. Listings increased five percent to 1,114 entries. For the January-February period, 2,204 listings were entered, up just a few units from last year’s 2,190 listings.

The overall active MLS single-family and condominium inventory of available listings at the end of February stood at just 670 and represented less than one month’s supply of listings based on February’s resale rate.

          FEBRUARY 2022 – MLS SINGLE-FAMILY & CONDO SALES
2022 2021 % Change
New Listings 1114 1056 5.49%
Solds 979 1020 -4.02%
Total Sale Price $212,145,097 $197,928,332 7.18%
% Sale/List Price 100 100 0.00%
Median Sale Price $180,800 $159,900 13.07%
Average Sales Price $216,696 $194,047 11.67%
          JAN-FEB 2022 – MLS SINGLE-FAMILY & CONDO SALES
2022 2021 % Change
New Listings 2204 2190 0.64%
Solds 2019 2050 -1.51%
Total Sale Price $432,541,127 $396,689,451 9.04%
% Sale/List Price 100 99.9 0.10%
Median Sale Price $176,000 $160,000 10.00%
Average Sales Price $214,235 $193,507 10.71%