October 2021 Home Sales for Dayton

Dayton Area Home Sales for October 2021

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

Single-family and condominium sales reported by Dayton Realtors’ Multiple Listing Service reached a sales volume of $346.5 million in October, increasing almost two percent compared to the sales volume that occurred during the same month in 2020. The 1,561 sales for the month couldn’t quite exceed last year’s 1,651, but the median price ($190,000) was five percent higher while the average price ($221,990) posted a seven percent gain.

Year-to-date through October, there were 14,610 sales, up 1.8 percent compared to the same period in 2020 when 14,349 properties closed. Total dollar volume through ten months hit $3.19 billion, a thirteen percent increase from the same period last year.

The year-to-date average sale price and median sale price continued to rise as well. The average price totaled $218,927 – up eleven percent – while the median price came in at $185,000, a gain of nearly nine percent.

Single-family and condominium listing entries totaled 1,762 in October, down two percent from October 2020. This pushed the listings through the ten-month period to 17,343, up one percent over the same 2020 time period.

The overall MLS inventory at month’s end showed 1,360 active properties available for sale, which translated to a supply of 0.87 months based on October’s resale rate. The pace of sales was quicker than compared to October 2020 (a 1.3-month pace of inventory) when 2,256 listings were available.

          OCTOBER 2021 – MLS SINGLE-FAMILY & CONDO SALES
2021 2020 % Change
New Listings 1762 1806 -2.44%
Solds 1561 1651 -5.45%
Total Sale Price $346,526,556 $340,117,884 1.88%
% Sale/List Price 100.00 100.00 0.00%
Median Sale Price $190,000 $179,900 5.61%
Average Sales Price $221,990 $206,007 7.76%
          JAN-OCT 2021 – MLS SINGLE-FAMILY & CONDO SALES
2021 2020 % Change
New Listings 17343 17068 1.61%
Solds 14610 14349 1.82%
Total Sale Price $3,198,520,456 $2,818,351,913 13.49%
% Sale/List Price 100 100 0.00%
Median Sale Price $185,000 $169,900 8.89%
Average Sales Price $218,927 $196,415 11.46%