July 2023 Dayton Housing Stats

The July 2023 Dayton housing numbers are in! For our purposes I’m not concerned about Cincinnati, Columbus, Cleveland etc, just what’s happening here in Dayton OH. As you can see New Listings are down almost 15% over July of 22. There are a number of factors causing this but a big one is that a lot of sellers are afraid to put their homes on the market for fear of not being able to find a suitable replacement. This vicious cycle has been going on for some time now.  

Overall home sales, single family and condo, are down over 22% vs this time last year! When inventory gets that low it drives up the price of the homes that are for sale, more buyers chasing fewer homes. This has resulted in a seller friendly 6.76% average sale price increase. These stats are for the entire Dayton OH area but if you want to know what it looks like in your specific neighborhood in Dayton just reach out, I’m always happy to discuss!