by Tammy Murphy | Jun 19, 2025 | Current Events, Investor Relations, Market Updates, Neighbor Chat, Networking, Real Estate News, Real Homes to Love
May 2025 Dayton Region Real Estate Market Update
As we move through 2025, the Dayton area’s real estate market continues to demonstrate resilience, despite some shifting dynamics. The month of May brought encouraging signs, including steady home values, while the first five months of the year have painted a slightly different picture in terms of sales volume. Let’s dive into the details for both May and the year-to-date performance.
May 2025 Highlights:
In May, we saw a slight dip in the number of sales, with a decrease of 3.37%, totaling 1,346 transactions compared to 1,393 in May of 2024. However, this minor decrease in sales volume did not signal a weakening market. In fact, the total sales volume for the month reached an impressive $404.45 million, just edging out last May’s total by 0.16%. This modest increase in total dollar volume, despite fewer transactions, underscores the continued appreciation in property values.
The median sale price in May jumped 6% to $265,000 from $250,000 last year, and the average sales price also saw a significant 3.66% increase, rising to $300,485. These trends indicate that property values in the Miami Valley are on a solid upward trajectory, reflecting strong demand and limited inventory.
Year-to-Date (Jan-May 2025) Overview:
Looking at the year-to-date data, sales volume has experienced a decrease of 7.75%, with 5,371 homes sold compared to 5,822 during the same period in 2024. This reduction in the number of sales was reflected in the total sales price for the year-to-date, which dropped by 4.45% to $1.52 billion, down from $1.59 billion in 2024. While this decline in volume may seem concerning at first glance, the most notable trend is the continued increase in home values.
Both the median and average sale prices have seen significant gains. The median sale price for the first five months of 2025 surged by 9.52%, reaching $230,000, while the average sales price rose by 3.57% to $282,605. This indicates that, although fewer homes are being sold, those that are on the market are appreciating at a healthy pace, reinforcing the overall strength of the housing market in the region.
Inventory and Listings:
The number of new listings in May was slightly up, increasing by 0.34% to 1,766 homes, compared to 1,760 in 2024. Year-to-date, new listings have grown by just 0.17%, with 7,105 homes added to the market so far this year. This indicates that while the influx of new properties remains stable, it is not outpacing demand, contributing to the continued rise in home prices.
At the end of May, the number of active listings stood at 1,900, up from 1,540 last year, representing an increase in available inventory. However, the market remains competitive, with a 1.4-month supply of homes available, which is relatively low, indicating that properties are continuing to sell quickly.
Key Takeaways:
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Sales volume is down slightly, but home values continue to appreciate.
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Median sale prices are up by 6% in May and 9.5% year-to-date.
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Average sale prices increased by 3.66% in May and by 3.57% year-to-date.
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Inventory levels remain relatively low, contributing to upward pressure on prices.
While some shifts in sales volume are expected in a transitioning market, the strong appreciation in property values provides a positive outlook for both sellers and buyers. Sellers are benefiting from rising home prices, and buyers, while facing increased prices, still have opportunities to secure homes in a market that remains steady despite the challenges of limited inventory.
If you’re thinking about buying or selling, now is the time to reach out! We can help you navigate these market trends to make the best decisions for your real estate needs.
by Tammy Murphy | May 23, 2025 | BLOG, Buyers, Current Events, Dayton, GLOBAL, Investor Relations, Market Updates, Neighbor Chat, Networking, Real Estate News, Real Homes to Love
Seller’s Advantage: A Market Still in Your Favor
As we progress into the spring and summer, Dayton’s market remains strong for sellers. The latest reports from Dayton Realtors show an increase in median sale prices, which have climbed 9% year-over-year. Homes are selling at an average of $245,000, and the pace of sales has picked up, with homes typically going under contract in just 34 days.
Even with the influx of new listings, inventory remains tight, hovering around just 1.3 months of available homes. This is a key indicator that the seller’s market is still very much in play. Sellers continue to enjoy favorable conditions with less competition for their homes, although more listings are expected as the summer progresses.
️ Buyer’s Window: Opportunities in a Shifting Market
While sellers are enjoying a hot market, there are emerging opportunities for buyers. As inventory begins to rise, we’re seeing signs that the market may be shifting toward a more balanced or even buyer-favorable position, especially as we head into the summer season. According to Ohio Realtors’ recent market updates, the percentage of homes selling for under the asking price has increased, indicating that buyers may have more room for negotiation.
Additionally, areas like Centerville, Kettering, and Oakwood continue to show strong demand, but with more inventory, buyers are starting to find more options. With interest rates stabilizing, it’s a great time for first-time buyers and those looking to make a move in a market that’s slowly easing from its ultra-competitive state.
Investor’s Insight: Equity Growth with Affordability
Investors continue to find Dayton appealing due to its affordability and strong equity potential. With median listing prices in the range of $170,000 to $180,000, Dayton still stands as one of the most cost-effective areas for investment in Ohio. The potential for equity growth, especially in up-and-coming neighborhoods, makes this an attractive time for investors to take advantage of ongoing market conditions.
Areas seeing consistent demand for rental properties include those near downtown and established neighborhoods, where property values continue to climb due to revitalization efforts. Investors looking for properties that offer a solid return on investment can still find favorable opportunities in Dayton’s thriving rental market.
Let’s Navigate This Market Together
Whether you’re looking to sell, buy, or invest, I’m here to help you make informed decisions in this dynamic market. The summer season is shaping up to be an exciting time in real estate, and while things are still holding favorably, there are indicators of a shift to a more buyer-friendly market. Reach out today, and let’s discuss how we can achieve your real estate goals together!
by Tammy Murphy | Apr 24, 2025 | BLOG, Current Events, Investor Relations, Market Updates, Neighbor Chat, Real Estate News, Real Homes to Love, Sellers
March 2025 Real Estate Market Update: A Mixed Start to the Year
As we move further into 2025, the Dayton real estate market shows both signs of resilience and areas of slower growth. While the number of new listings has increased, we’re seeing fewer closed sales compared to last year. Despite these changes, home prices continue to rise, signaling strong demand in our local market.
March Highlights
In March 2025, the Dayton market experienced a 5.03% increase in the number of new listings, with 1,482 properties hitting the market compared to 1,411 in March 2024. However, the number of homes sold decreased by 10.72%, with 1,058 transactions recorded compared to 1,185 last year. This drop in sales contributed to an 8.72% decrease in total sales volume, which reached $300.8 million, down from $329.5 million in March 2024.
Despite the decline in sales, the median sale price saw an increase of 3.37%, reaching $241,050, while the average sale price rose by 2.24% to $284,303. This continued growth in prices suggests that the demand for homes remains strong, even as the pace of sales slows.
The inventory of available homes stood at 1,580 properties at the end of March, with 1,868 properties listed as pending sale. This indicates a relatively tight market with continued buyer interest.
Year-to-Date Performance (January – March 2025)
Looking at the first quarter of 2025, the market is following similar trends to what we saw in March. New listings decreased by 2.39%, with 3,683 properties listed compared to 3,773 in the same period of 2024. Sales for the first three months of the year have also decreased by 13.45%, with 2,748 homes sold, down from 3,175 in 2024.
The total sales volume year-to-date is $761 million, reflecting a 10.53% decrease from the $850.8 million in 2024. However, the median sale price for the year has increased by 4.44%, reaching $235,000, and the average sale price has risen by 3.37%, now at $276,988. This price growth shows that while fewer homes are being sold, those that are on the market are still commanding higher prices.
The MLS inventory at the end of March showed 1,580 active listings, translating to a 1.5-month supply based on the current pace of sales. This indicates that the market remains competitive, with inventory still being absorbed quickly.
What Does This Mean for You?
For buyers, the market remains competitive, with prices continuing to rise despite the slowdown in sales. While the number of available homes is still relatively low, it’s essential to act quickly when you find the right property.
For sellers, the market continues to offer strong price appreciation, even though the number of sales has decreased. If you’re thinking of selling, now is still a good time to capitalize on the growing home prices.
Let’s Connect!
Whether you’re looking to buy, sell, or just stay informed about market trends, we’re here to help you navigate the evolving real estate landscape. Reach out for a no-obligation consultation and get insights tailored to your needs.
by Tammy Murphy | Mar 22, 2025 | BLOG, Current Events, Investor Relations, Market Updates, Neighbor Chat, Real Estate News, Real Homes to Love
A Slow Start but Solid Price Growth!
Happy New Year, Dayton! The start of 2025 has brought some interesting trends in the local real estate market. While the cold temperatures and snow slowed the pace of home sales in January, we’re still seeing positive movement in home prices. Let’s take a look at how the month shaped up and what it means for buyers and sellers alike.
January Highlights
In January, we saw 751 homes sold, which is a 15% decrease from the 883 sales reported in January 2024. The decrease in sales was largely driven by the winter weather, which kept many buyers and sellers indoors. However, despite fewer transactions, the total sales volume dropped by only 11%, totaling $202.4 million.
On a brighter note, home prices are still on the rise! The average sales price increased by 4.73%, reaching $269,640, while the median sales price climbed 10% to $231,000. These price increases show that demand for homes remains strong, even during the slower winter months.
Market Activity
New listings in January were down by 5.58%, with 1,082 new homes hitting the market, compared to 1,146 in January 2024. This reduction in new listings points to fewer homes being available for buyers to choose from, adding to the competitive nature of the current market. The total available inventory at the end of the month was 1,745 active properties, which translates to a 2.3-month supply, indicating that the market remains tight.
What Does This Mean for You?
For sellers, January’s price increases indicate that it’s still a good time to list your home, especially if you’re looking to take advantage of continued price growth. While sales were slower in January, the rising prices suggest that demand is strong enough to support good returns on homes.
For buyers, while there may be fewer homes on the market, the current prices reflect a steady market and a great opportunity to invest in real estate. As inventory remains tight, acting quickly when the right property comes along is key.
Let’s Connect!
Whether you’re considering buying or selling in this market, we’re here to help you navigate the trends and make informed decisions. Contact us for a no-obligation consultation on your home’s value or buying potential.
Stay tuned for more updates as we move through 2025, and let’s make this a great year for your real estate goals!
by Tammy Murphy | Mar 21, 2025 | BLOG, Buyers, GLOBAL, Investor Relations, Market Updates, Neighbor Chat, Real Estate News, Real Homes to Love
As we reflect on the 2024 real estate market in the Dayton area, it’s clear that there have been shifts in both sales volume and home prices across different communities. While some areas saw increases in both the number of transactions and prices, others experienced slower sales, though price growth remained strong. Here’s a breakdown of how some of our key communities performed from 2023 to 2024:
Communities Showing Strong Price Growth
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Bellbrook/Sugarcreek: This community experienced a 47 increase in units sold, with the average sales price rising by $20,159 to $447,277, and the median price increasing by $8,000 to $406,500. This indicates a very active market, reflecting strong demand in this desirable area.
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Beavercreek/Bvrcrk T.S.: Sales volume increased by 27 units, with the average price rising by $16,041 to $358,794. The median price also saw a nice boost of $13,250, reaching $333,250. Beavercreek continues to show resilience in price appreciation, driven by its desirable location.
Communities with Moderate Price Increases
- Centerville/Wash. T.S.: Although the number of sales rose by 63 units, the price growth was more modest. The average price increased by $3,141 to $355,478, and the median price rose by $1,962 to $331,962. This reflects steady demand and price stability in Centerville, with consistent growth from 2023 to 2024.
Communities Showing Declining Sales but Strong Price Growth
- Brookville: Sales here fell by 14 units, but the average price increased by $13,877, reaching $288,187, while the median price rose by $25,900 to $299,900. Despite fewer sales, Brookville continues to see price growth, indicating that buyers are willing to pay more for homes in this community.
Communities with Steady Price Growth Amid Slower Sales
- Dayton: With a 33-unit increase in sales, Dayton saw an increase in both average and median prices—the average price rose by $9,304, reaching $128,543, and the median price rose by $7,850, reaching $122,000. While still showing improvement, Dayton continues to be a more affordable market compared to some of the more expensive communities in the area.
What Does This Mean for You?
For buyers, 2024 presented a more competitive environment in areas like Bellbrook/Sugarcreek and Beavercreek, where sales volume and prices have risen sharply. However, communities such as Brookville and Dayton still offer opportunities for homebuyers with increasing prices and less competition.
For sellers, 2024 was a year where many communities saw solid price increases. If you’re considering selling, areas with rising demand, such as Centerville and Beavercreek, could provide an excellent opportunity to capitalize on these price increases.
Let’s Connect!
Whether you’re looking to buy or sell, our team is here to help guide you through the current market trends. We offer no-obligation assessments to help you make informed decisions based on your specific needs. Reach out today to discuss how we can assist you in navigating this dynamic market!
ULTIMATELY – the right community for YOU may be different than for another, and finding the best “deal” in the community you prefer is our #1 goal!
by Tammy Murphy | Aug 12, 2024 | BLOG, Current Events, GLOBAL, Investor Relations, Market Updates, Neighbor Chat, Networking, Real Estate News, Real Homes to Love
August 2024 Real Estate Market Update: Steady Growth Continues!
Hello, Dayton community! As we transition into fall, we’re excited to share the latest updates from our local real estate market. August has proven to be a month of steady sales and continued price growth, highlighting the resilience of our market. Whether you’re thinking of buying, selling, or just curious about what’s happening, there’s plenty of positive news to share!
Market Highlights
In August, we reported 1,318 home sales, which is relatively unchanged compared to 1,332 sales in August 2023. This stability in sales reflects a consistent demand for homes, even as we move through the summer months. The cumulative sales volume for August reached over $377.8 million, marking an 8.5% increase from the previous year.
Price Trends
Home prices are continuing their upward trajectory. The average sales price climbed to $286,666, an impressive 9.6% increase from last August. Similarly, the median sales price rose to $249,000, up 6% from last year. These price increases signify the growing value of properties in our area and the ongoing interest from buyers.
Year-to-Date Performance
Looking at the first eight months of 2024, the market shows a marked improvement. There have been 9,781 sales, which represents a 10% increase over the same period last year. The cumulative sales volume has surged to $2.7 billion, reflecting a 21% increase from 2023. The average sales price for this period stands at $278,630, which is nearly a 10% increase, while the median sales price has risen to $239,900, up 8.5%.
Inventory Insights
In August, we saw 1,654 new listings, a decrease of 7.8% from last year. However, year-to-date listings have increased by 11%, totaling 11,987 entries. The overall inventory at the end of August was 2,001 properties, which translates to just a 1.5-month supply based on the current sales rate, indicating a competitive environment for buyers.
Why This Matters to You
The August market trends provide exciting opportunities for both buyers and sellers. If you’re considering selling your home, the rising prices suggest that now could be a great time to make a move. For buyers, staying informed about current market dynamics is essential for making informed decisions in this active environment.
If you have questions about your home’s value, want to explore your buying options, or need insights into the current market conditions, please don’t hesitate to reach out! We offer no-obligation assessments tailored to your needs.
Let’s Connect!
Our team is here to support you in achieving your real estate goals. Stay tuned for more updates as we progress through the year, and let’s make the rest of 2024 a successful year in real estate together!
