Dayton Area Home Sales for June 2020

Home sales in the area rebounded after the posted declines in April and May as a result of COVID-19. The solds, volume, and median price increased, and for the first time in the Dayton region’s history, the average sale price climbed over $200,000.

Sales of single-family and condominium units reported by Dayton REALTORS® in June totaled 1,624, an increase of six percent from June 2019 sales. Meanwhile, the average price jumped to a record $205,851 and the median price hit a new high at $178,500, both increases of five percent. The cumulative sales volume reached $334 million, up almost twelve percent from June 2019.

June’s showing topped off a first half of 2020 which saw 7378 sales transactions of single-family homes and condominiums, compared to 7,776 during the first half of 2019, down five percent from last year.

A cumulative sales volume of $1.3 billion dollars (up two percent) brought the average sale price up almost eight percent to $187,003 and the median sale price also up eight percent to $160,800 for the six-month period.

Listings submitted in the month of June continued to reflect the tight inventory in the housing market, with 1,886 entries, a drop of 7.5 percent from June 2019. For the January-June period, 9,471 listings were entered, a 9.75 percent decrease from the same period last year.